Funding you earn now, next payment 03:00 UTC+0.0446%/8h= +48.9% APRpaid last 24h +0.056%
Price spread now: Nado against Katana Perps+0.237%7-day average −0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+1.051%+$105 · spread now +0.237%, 7d avg −0.024%
=Together, before fees+0.967%+ Points / potential airdropNado: Active · farm board+$97 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Nado is 0.261% dearer against Katana Perps than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.024%. Mind the row above: over the last 3 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.084% in total (about -9.3% a year). A funding rate is set anew for every payment. 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 | Katana Perps TAO-USD | 318.19 | 0.0114 | pay 0.0114% / 8h | 5h 55m | $2K | $730K | 5x |
| Short | Nado TAO-PERP | 318.94 | 0.0560 | get 0.0070% / 1h | 55m 57s | $763K | $2.1M | 10x |
Katana Perps TAO-USD
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Katana Perps. 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
- $93.7
- Price spread: +0.237% → −0.024%
- $26.1
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $109
- Costs to cover
- 0.108%
- Break-even
- from the start
Slippage unknown: Katana Perps: 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 3 min ago | 0.63 bp | 8.2 bp −$8 | 22.7 bp −$227 | doesn't fit | doesn't fit |
Katana Perps: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0185% | 1h | 315.28 | −0.915% | $167K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 317.35 | −0.264% | $127K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.63 | +0.138% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.55 | +0.113% | $45K | $645K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.79 | −0.126% | $91.8M | $467.4M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.90 | −0.091% | $26.3M | $115.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.80 | −0.123% | $13.0M | $49.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.06 | −0.041% | $104.7M | $137.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.03 | −0.050% | $18.0M | $30.6M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.78 | −0.129% | $35.5M | $53.4M | 50x | as long as short |
Bulk TAO-USD
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 TAOUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 317.02 | −0.368% | $36K | $302K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.69 | +0.157% | $76K | $722K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 318.92 | +0.229% | $58K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.34 | +0.047% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.68 | +0.154% | $131K | $474K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.21 | +0.006% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.92 | +0.230% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USDlong | +0.0114% | 8h | 318.19 | long leg | $2K | $730K | 5x | |
| ApeX Omni TAOUSDT | +0.0148% | 1h | 316.61 | −0.497% | $47K | $252K | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0165% / S +0.0104% | 1h | 318.90 | +0.222% | $433K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0192% | 4h | 317.15 | −0.326% | $527K | $957K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0246% | 1h | 318.63 | +0.137% | $5.6M | $20.5M | 50x | as long as short |
| Aster TAOUSDT | +0.0265% | 4h | 318.01 | −0.057% | $1.2M | $9.3M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0351% | 8h | 318.09 | −0.031% | $14K | $1K | 10x | as long as short |
| Bullet TAO-USD | +0.0381% | 1h | 319.04 | +0.267% | $12K | $18K | 20x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 317.56 | −0.197% | $375K | $393K | 10x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 318.52 | +0.104% | $100K | $489K | 5x | as long as short |
| Nado TAO-PERPshort | +0.0560% | 1h | 318.94 | +0.237% | $763K | $2.1M | 10x | |
| Phoenix TAO | +0.0588% | 1h | 316.10 | −0.657% | $332K | $707K | 5x | as long as short |
| BingX TAO-USDT | +0.0686% | 4h | 317.90 | −0.091% | — | $30.3M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 318.93 | +0.232% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0696% | 1h | 318.75 | +0.176% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0729% | 1h | 318.91 | +0.226% | $14K | $1.6M | 25x | as long as short |
| Bybit TAOUSDT | +0.0743% | 4h | 317.88 | −0.097% | $67.5M | $138.3M | 50x | as long as short |
| Variational Omni TAO | +0.0865% | 4h | 319.02 | +0.262% | $6.0M | $9.6M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0871% | 1h | 318.65 | +0.145% | $322K | $802K | 10x | as long as short |
| Extended TAO-USD | +0.0904% | 1h | 317.92 | −0.085% | $900K | $2.3M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 319.28 | +0.343% | $1.5M | $6.5M | 50x | as long as short |
| Lighter TAO | +0.1104% | 1h | 318.72 | +0.166% | $1.6M | $6.1M | 5x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 318.32 | +0.040% | $450K | $626K | 5x | as long as short |
| Hyperliquid TAO | +0.1381% | 1h | 318.78 | +0.185% | $100.7M | $98.0M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 320.94 | +0.864% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
ApeX Omni TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Aster TAOUSDT
Paradex TAO-USD-PERP
Bullet TAO-USD
Pacifica TAO
Arcus TAO-USD
Phoenix TAO
BingX TAO-USDT
Reya TAORUSDPERP
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
Bybit TAOUSDT
Variational Omni TAO
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Lighter TAO
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP