Funding you earn now, next payment 23:00 UTC+0.0143%/8h= +15.6% APRnext payment +$0.18 per $10,000 · paid last 24h −0.057%
Price spread now: Nado against GMX−0.090%7-day average −0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.294%−$29 on $10k
+Price spread, last 3 days (all we have)−0.085%−$9 · spread now −0.090%, 7d avg −0.003%
=Together, before fees−0.380%+ Points / potential airdropNado: Active · farm board−$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.087% cheaper against GMX than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.003%). If the spread goes back, that is −$9 on $10k: about 2.0 days of funding at the current rate (+$4 a day). Mind the row above: over the last 3 days funding on this pair cost −0.294%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TAO/USD [WBTC.b-USDC] | 306.23 | L +0.0174% / S +0.0069% | pay 0.0022% / 1h | 20m 50s | $437K | — | 100x |
| Short | Nado TAO-PERP | 305.96 | 0.0317 | get 0.0040% / 1h | 20m 50s | $826K | $1.9M | 10x |
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against GMX. 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
- $30
- Price spread: −0.090% → −0.003%
- −$8.73
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $2.27
- Costs to cover
- 0.190%
- Break-even
- 6.5 days
Slippage unknown: GMX: no order-book sample; Nado: live order book, 3 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 3 min ago | 1.80 bp | 8.4 bp −$8 | 23.9 bp −$239 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TAO on 43 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 306.34 | +0.035% | $26K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0017% | 1h | 306.40 | +0.053% | $126K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 306.00 | −0.076% | $44K | $539K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 306.35 | +0.038% | $85.7M | $414.5M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 306.43 | +0.064% | $59.3M | $121.4M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 306.60 | +0.120% | $24.6M | $95.8M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 306.30 | +0.022% | $79K | $643K | 5x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 303.38 | −0.933% | $162K | $54K | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 306.60 | +0.120% | $12.2M | $49.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 306.69 | +0.149% | $113.1M | $125.6M | 300x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Bulk TAO-USD
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 306.74 | +0.165% | $18.3M | $27.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 306.40 | +0.054% | $34.2M | $46.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 306.62 | +0.126% | — | $30.4M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 303.93 | −0.752% | $39K | $278K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 304.26 | −0.645% | $503K | $967K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 306.18 | −0.018% | $75K | $567K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 306.41 | +0.057% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 306.53 | +0.097% | $59K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 306.61 | +0.123% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 307.18 | +0.309% | $122K | $367K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 306.49 | +0.084% | $3.3M | $7.9M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0103% | 1h | 303.74 | −0.814% | $46K | $269K | 50x | as long as short |
| Variational Omni TAO | +0.0104% | 4h | 303.54 | −0.881% | $3.7M | $6.7M | — | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 306.73 | +0.162% | $168K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 306.15 | −0.027% | $1K | $506K | 5x | as long as short |
| Aster TAOUSDT | +0.0126% | 4h | 306.55 | +0.103% | $1.1M | $7.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0159% | 8h | 306.08 | −0.049% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0164% | 1h | 306.25 | +0.005% | $362K | $372K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]long | L +0.0174% / S +0.0069% | 1h | 306.23 | long leg | $437K | — | 100x | |
| Deribit TAO_USDC-PERPETUAL | +0.0226% | 1h | 306.56 | +0.108% | $20K | $1.4M | 25x | as long as short |
| Nado TAO-PERPshort | +0.0317% | 1h | 305.96 | −0.090% | $826K | $1.9M | 10x | |
| BloFin TAO-USDT | +0.0340% | 4h | 307.02 | +0.257% | $4.2M | $9.5M | 100x | as long as short |
| Lighter TAO | +0.0408% | 1h | 306.58 | +0.113% | $1.6M | $5.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0416% | 1h | 306.47 | +0.077% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0468% | 1h | 306.72 | +0.159% | $295K | $799K | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 303.80 | −0.795% | $322K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 306.05 | −0.059% | $352 | — | 20x | as long as short |
| Extended TAO-USD | +0.0808% | 1h | 306.63 | +0.130% | $834K | $2.0M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 306.29 | +0.018% | $1.5M | $5.6M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1030% | 1h | 306.71 | +0.155% | $5.8M | $19.6M | 50x | as long as short |
| Hyperliquid TAO | +0.1078% | 1h | 307.07 | +0.273% | $93.5M | $80.6M | 5x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 306.34 | +0.033% | $417K | $544K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +0.815% | $22K | $264 | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
ApeX Omni TAOUSDT
Variational Omni TAO
Aevo TAO-PERP
Katana Perps TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Pacifica TAO
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Lighter TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Phoenix TAO
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Injective TAO/USDC PERP