Funding you earn now, next payment 02:00 UTC−0.2249%/8h= −246.2% APRnext payment −$2.81 per $10,000 · paid last 24h +0.376%
Price spread now: Nado against Bulk+2.060%54s7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.255% of the position
Funding, last 3 days (all we have)+0.443%+$44 on $10k
+Price spread, last 4 days (all we have)−0.813%−$81 · spread now +2.060%, 7d avg +0.101%
=Together, before fees−0.370%+ Points / potential airdropNado: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 1.960% dearer against Bulk than usual: you sell high and buy low (spread +2.060% now, against its 7-day average of +0.101%): +$196 on $10k if it goes back. Holding the pair costs −$67 a day in funding at the current rate, which eats that in about 2.9 days. Mind the row above: over the last 3 days funding on this pair paid +0.443%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.443% in total (about 49.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk TAO-USD | 308.95 | 0.2752 | pay 0.0344% / 1h | 25m 44s | $164K | $40K | 10x |
| Short | Nado TAO-PERP | 315.31 | 0.0503 | get 0.0063% / 1h | 25m 44s | $780K | $2.1M | 10x |
Bulk TAO-USD
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bulk. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$472.26
- Price spread: +2.060% → +0.101%
- $195.96
- Slippage, 4 orders
- −$11.54
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$301.84
- Costs to cover
- 0.255%
- Break-even
- from the start
Slippage from Bulk: live order book, 43 min ago; Nado: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bulk live order book, 43 min ago | 0.16 bp | 4.3 bp −$4 | 5.0 bp −$50 | 21.1 bp −$2,113 | 47.3 bp −$23.6K |
| Sell Nado live order book, 3 min ago | 1.12 bp | 8.2 bp −$8 | 19.9 bp −$199 | doesn't fit | doesn't fit |
TAO on 42 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 314.17 | +1.691% | $126K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.12 | +1.998% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.43 | +2.099% | $39K | $626K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.68 | +1.855% | $90.2M | $464.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.90 | +1.928% | $25.9M | $112.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.60 | +1.830% | $12.8M | $50.2M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.80 | +1.895% | $109.2M | $138.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.87 | +1.918% | $18.1M | $30.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.59 | +1.827% | $35.1M | $53.4M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.67 | +1.206% | $35K | $298K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TAOUSDT | +0.0100% | 1h | 313.06 | +1.332% | $47K | $256K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 315.43 | +2.099% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.33 | +2.067% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.25 | +2.041% | $129K | $472K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 315.25 | +2.041% | $3.4M | $8.0M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.85 | +2.233% | $173K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perp | +0.0116% | 4h | 313.32 | +1.415% | $516K | $966K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 315.49 | +2.119% | $1K | $700K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0148% | 1h | 315.38 | +2.083% | $83K | $679K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0167% | 1h | 315.36 | +2.078% | $5.6M | $20.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0169% / S +0.0091% | 1h | 315.04 | +1.974% | $441K | — | 100x | as long as short |
| Bullet TAO-USD | +0.0227% | 1h | 315.43 | +2.099% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0238% | 4h | 315.35 | +2.074% | $1.3M | $9.4M | 50x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 314.77 | +1.886% | $370K | $381K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0336% | 8h | 314.80 | +1.896% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 315.23 | +2.034% | $99K | $529K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 312.28 | +1.079% | $23K | $2K | 12x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0498% | 1h | 315.40 | +2.089% | $24K | $1.5M | 25x | as long as short |
| Nado TAO-PERPshort | +0.0503% | 1h | 315.31 | +2.060% | $780K | $2.1M | 10x | |
| Phoenix TAO | +0.0588% | 1h | 312.30 | +1.086% | $326K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0648% | 1h | 315.43 | +2.099% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 315.34 | +2.071% | $363 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0760% | 4h | 314.87 | +1.918% | — | $31.0M | — | as long as short |
| Variational Omni TAO | +0.0822% | 4h | 315.55 | +2.139% | $5.5M | $8.9M | — | as long as short |
| Bybit TAOUSDT | +0.0826% | 4h | 315.10 | +1.992% | $66.0M | $137.6M | 50x | as long as short |
| Extended TAO-USD | +0.0896% | 1h | 314.83 | +1.905% | $903K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0906% | 1h | 315.66 | +2.174% | $319K | $814K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 315.37 | +2.080% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 315.08 | +1.985% | $450K | $631K | 5x | as long as short |
| Hyperliquid TAO | +0.1244% | 1h | 315.02 | +1.967% | $99.6M | $94.9M | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 315.14 | +2.007% | $1.6M | $6.1M | 5x | as long as short |
| Bulk TAO-USDlong | +0.2752% | 1h | 308.95 | long leg | $164K | $40K | 10x |
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
GRVT TAO_USDT_Perp
Katana Perps TAO-USD
Polymarket Perps TAO-USD
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Bullet TAO-USD
Aster TAOUSDT
Pacifica TAO
Paradex TAO-USD-PERP
Arcus TAO-USD
Injective TAO/USDC PERP
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Variational Omni TAO
Bybit TAOUSDT
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO