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Funding arb · Price arb /

TAO

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0658%/8h= +72.1% APRpaid last 24h +0.049%
Price spread now: Nado against MEXC+0.055%7-day average +0.004% · 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−$25as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Long on MEXCShort on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.056%+$6 on $10k
Price spread, last 3 days (all we have)+0.104%+$10 · spread now +0.055%, 7d avg +0.004%
Together, before fees+0.160%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Nado is 0.051% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.004%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.056% in total (about 6.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TAO_USDT320.020.0100pay 0.0050% / 4h3h 33m$108.4M$134.3M300x
ShortNado TAO-PERP320.200.0758get 0.0095% / 1h33m 27s$894K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$138.28
Price spread: +0.055% → +0.004%
$5.11
Slippage, 4 orders
−$23.33
Fee MEXC: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$113.07
Costs to cover
0.303%
Break-even
1.3 days
Slippage from MEXC: live order book, 6 min ago; Nado: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 6 min ago1.42 bp2.2 bp −$210.5 bp −$10529.2 bp −$2,92395.7 bp −$47.8K
Sell Nado live order book, 5 min ago2.68 bp10.2 bp −$1021.7 bp −$217doesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.1322%1h319.84−0.056%$170K$44K10xas long as short
Phemex TAOUSDT−0.1078%4h319.49−0.166%$3.4M$7.9M50xas long as short
dYdX TAO-USD0.0000%1h320.12+0.031%$128K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h319.58−0.138%$21K—150xas long as short
Popdex TAOUSDT+0.0096%1h320.14+0.037%$42K$589K20xas long as short
Binance TAOUSDT+0.0100%4h319.86−0.050%$92.1M$446.3M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h319.80−0.069%$26.2M$108.9M50xas long as short
Gate TAO_USDT+0.0100%4h319.90−0.037%$13.0M$50.5M50xas long as short
MEXC TAO_USDTlong+0.0100%4h320.02long leg$108.4M$134.3M300x
KuCoin TAOUSDTM+0.0100%4h319.93−0.028%$18.3M$29.1M75xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TAOUSDT+0.0100%4h320.03+0.003%$35.7M$50.3M50xas long as short
edgeX TAOUSDC+0.0100%4h319.52−0.157%$40K$293K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h319.79−0.072%$58K$316K10xas long as short
SunX TAO-USDT+0.0100%4h319.38−0.200%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h319.62−0.125%$128K$424K20xas long as short
GRVT TAO_USDT_Perp+0.0104%4h320.01−0.004%$529K$969K10xas long as short
Aevo TAO-PERP+0.0104%1h319.82−0.062%$176K$9983xas long as short
Katana Perps TAO-USD+0.0117%8h320.14+0.037%$1K$619K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0135%1h319.58−0.137%$18K$1.6M25xas long as short
Bullet TAO-USD+0.0172%1h319.86−0.050%$12K$17K20xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0173% / S +0.0089%1h319.58−0.138%$464K—100xas long as short
Pacifica TAO+0.0185%1h320.25+0.072%$379K$374K10xas long as short
Arcus TAO-USD+0.0201%1h320.63+0.191%$85K$550K5xas long as short
Aster TAOUSDT+0.0236%4h320.05+0.008%$1.1M$8.3M50xas long as short
Paradex TAO-USD-PERP+0.0243%8h320.21+0.060%$15K$1K10xas long as short
BloFin TAO-USDT+0.0340%4h319.99−0.009%$4.5M$10.9M100xas long as short
ApeX Omni TAOUSDT+0.0344%1h319.23−0.247%$48K$266K50xas long as short
Polymarket Perps TAO-USD+0.0348%1h320.24+0.069%$94K$638K5xas long as short
Variational Omni TAO+0.0398%4h320.33+0.095%$5.6M$8.7M—as long as short
BingX TAO-USDT+0.0428%4h320.01−0.003%—$30.5M—as long as short
Bybit TAOUSDT+0.0469%4h320.11+0.028%$65.8M$133.0M50xas long as short
Kraken Futures PF_TAOUSD+0.0479%1h319.72−0.094%$5.8M$20.3M50xas long as short
Phoenix TAO+0.0525%1h320.00−0.006%$335K$624K5xas long as short
Injective TAO/USDC PERP+0.0571%1h319.79−0.072%$23K$66612xas long as short
01 Exchange TAOUSD+0.0664%1h320.08+0.019%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0695%1h320.00−0.005%$368—20xas long as short
Nado TAO-PERPshort+0.0758%1h320.20+0.055%$894K$2.0M10x
Backpack TAO_USDC_PERP+0.0899%1h319.89−0.041%$323K$819K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h320.73+0.222%$1.5M$6.3M50xas long as short
RISEx TAO/USDC+0.1141%1h320.29+0.083%$426K$600K5xas long as short
Extended TAO-USD+0.1144%1h319.70−0.099%$936K$2.2M25xas long as short
Lighter TAO+0.1440%1h320.69+0.209%$1.7M$6.0M5xas long as short
Hyperliquid TAO+0.2319%1h320.57+0.172%$103.6M$90.8M5xas long as short