Settings8H · net · $10k
Funding arb · Price arb /

TAO

all TAO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0205%/8h= −22.5% APRnext payment $0.26 per $10,000 · paid last 24h −0.065%
Price spread now: ApeX Omni against Nado+0.522%61s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.468% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.086%−$9 on $10k
Price spread, last 4 days (all we have)−0.272%−$27 · spread now +0.522%, 7d avg +0.019%
Together, before fees−0.358%+ Points / potential airdropNado: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.503% dearer against Nado than usual: you sell high and buy low (spread +0.522% now, against its 7-day average of +0.019%): +$50 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8.2 days. At the pace of the last 4 days (−0.086% in total) that is about 21 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado TAO-PERP322.200.0597pay 0.0075% / 1h58m 28s$738K$2.0M10x
ShortApeX Omni TAOUSDT323.880.0392get 0.0049% / 1h58m 28s$46K$256K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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
−$43.15
Price spread: +0.522% → +0.019%
$50.27
Slippage, 4 orders
−$29.85
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$39.72
Costs to cover
0.468%
Break-even
from the start
Slippage from Nado: live order book, 5 min ago; ApeX Omni: live order book, 33 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 Nado live order book, 5 min ago2.64 bp10.2 bp −$1027.4 bp −$274doesn't fitdoesn't fit
Sell ApeX Omni live order book, 33 min ago5.60 bp13.8 bp −$14121.4 bp −$1,214doesn'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−0.0241%1h318.85−1.041%$169K$010xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0003%1h324.21+0.624%$20K150xas long as short
Popdex TAOUSDT+0.0096%1h322.55+0.109%$51K$704K20xas long as short
Bybit TAOUSDT+0.0100%4h322.21+0.004%$70.9M$155.1M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h322.00−0.061%$26.9M$130.9M50xas long as short
Gate TAO_USDT+0.0100%4h322.00−0.061%$15.4M$47.9M50xas long as short
KuCoin TAOUSDTM+0.0100%4h322.02−0.055%$17.6M$32.2M75xas long as short
Bitget TAOUSDT+0.0100%4h321.77−0.133%$36.3M$56.7M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h322.57+0.116%$89K$1.1M5xas long as short
SunX TAO-USDT+0.0100%4h322.74+0.168%$2K$1.9M20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TAO-USDT+0.0100%4h323.02+0.255%$117K$552K20xas long as short
Phemex TAOUSDT+0.0100%4h322.67+0.147%$3.2M$8.1M50xas long as short
Katana Perps TAO-USD+0.0115%8h322.68+0.150%$660$1.2M5xas long as short
Aevo TAO-PERP+0.0120%1h323.04+0.260%$177K$9983xas long as short
edgeX TAOUSDC+0.0156%4h323.71+0.469%$43K$323K10xas long as short
MEXC TAO_USDT+0.0158%4h322.21+0.004%$106.5M$148.9M300xas long as short
BingX TAO-USDT+0.0158%4h322.05−0.046%$38.9Mas long as short
Binance TAOUSDT+0.0161%4h322.42+0.069%$94.9M$519.7M75xas long as short
Paradex TAO-USD-PERP+0.0224%8h322.61+0.127%$15K$87610xas long as short
Orderly PERP_TAO_USDC+0.0246%4h322.17−0.009%$54K$273K10xas long as short
Extended TAO-USD+0.0280%1h322.54+0.106%$979K$2.2M25xas long as short
Pacifica TAO+0.0301%1h322.78+0.180%$376K$439K10xas long as short
GRVT TAO_USDT_Perp+0.0304%4h323.87+0.518%$550K$826K10xas long as short
Aster TAOUSDT+0.0325%4h322.21+0.004%$1.3M$11.2M50xas long as short
Arcus TAO-USD+0.0364%1h323.00+0.249%$102K$329K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0369% / S −0.0109%1h323.08+0.273%$383K100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0384%1h322.87+0.208%$20K$1.9M25xas long as short
ApeX Omni TAOUSDTshort+0.0392%1h323.88+0.522%$46K$256K50x
BloFin TAO-USDT+0.0398%4h323.12+0.286%$4.8M$11.0M100xas long as short
Variational Omni TAO+0.0522%4h323.77+0.487%$5.7M$9.8Mas long as short
Bullet TAO-USD+0.0524%1h322.42+0.069%$12K$17K20xas long as short
Backpack TAO_USDC_PERP+0.0571%1h322.97+0.240%$301K$1.1M10xas long as short
Phoenix TAO+0.0578%1h324.30+0.653%$326K$705K5xas long as short
Nado TAO-PERPlong+0.0597%1h322.20long leg$738K$2.0M10x
Kraken Futures PF_TAOUSD+0.0673%1h323.10+0.280%$6.3M$21.0M50xas long as short
dYdX TAO-USD+0.0679%1h322.41+0.066%$272K$232K5xas long as short
Reya TAORUSDPERP+0.0699%1h323.21+0.315%$37220xas long as short
RISEx TAO/USDC+0.0701%1h322.57+0.115%$444K$714K5xas long as short
Lighter TAO+0.0736%1h322.86+0.206%$1.6M$6.6M5xas long as short
01 Exchange TAOUSD+0.0808%1h323.00+0.249%$3K$4K5xas long as short
Coinbase International TAO-PERP-INTX+0.0832%1h323.45+0.389%$1.1M$7.5M50xas long as short
Hyperliquid TAO+0.1103%1h322.38+0.057%$97.4M$110.0M5xas long as short
Injective TAO/USDC PERP+0.3320%1h327.96+1.788%$24K$2K12xas long as short