Funding you earn now, next payment 05:00 UTC−0.0211%/8h= −23.2% APRpaid last 24h −0.036%
Price spread now: Aster against Nado−0.046%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 3 days (all we have)+0.063%+$6 on $10k
+Price spread, last 7 days+0.237%+$24 · spread now −0.046%, 7d avg +0.071%
=Together, before fees+0.300%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.117% cheaper against Nado than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.071%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.063% in total (about 6.8% 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 | Nado TAO-PERP | 311.88 | 0.0316 | pay 0.0040% / 1h | 8m 24s | $787K | $2.2M | 10x |
| Short | Aster TAOUSDT | 311.74 | 0.0105 | get 0.0052% / 4h | 3h 08m | $1.3M | $10.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Nado. 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
- −$44.41
- Price spread: −0.046% → +0.071%
- −$11.68
- Slippage, 4 orders
- −$16.86
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$87.95
- Costs to cover
- 0.319%
- Break-even
- never at this rate
Slippage from Nado: live order book, 5 min ago; Aster: live order book, 5 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 Nado live order book, 5 min ago | 2.72 bp | 8.6 bp −$9 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 0.48 bp | 7.8 bp −$8 | 16.7 bp −$167 | 132.0 bp −$13.2K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0348% | 1h | 311.84 | −0.013% | $5.5M | $20.6M | 50x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.81 | −0.023% | $20K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0009% | 1h | 311.62 | −0.083% | $124K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.70 | −0.057% | $48K | $661K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 311.36 | −0.166% | $2K | $857K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 311.71 | −0.055% | $355K | $416K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.03 | +0.048% | $89.1M | $502.4M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 312.10 | +0.071% | $26.0M | $120.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 311.60 | −0.089% | $13.3M | $50.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.02 | +0.046% | $103.2M | $145.7M | 300x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.69 | −0.060% | $17.4M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.71 | −0.054% | $35.0M | $56.6M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.53 | +0.209% | $41K | $313K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.48 | +0.193% | $46K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 311.64 | −0.076% | $81K | $905K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 312.02 | +0.045% | $12K | $17K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.42 | −0.147% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.44 | −0.140% | $110K | $542K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 311.66 | −0.070% | $3.1M | $8.0M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.04 | +0.052% | $171K | $998 | 3x | as long as short |
| Aster TAOUSDTshort | +0.0105% | 4h | 311.74 | −0.046% | $1.3M | $10.5M | 50x | |
| Orderly PERP_TAO_USDC | +0.0113% | 4h | 312.05 | +0.055% | $52K | $290K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0114% | 4h | 312.81 | +0.298% | $531K | $956K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0135% / S +0.0137% | 1h | 311.74 | −0.044% | $414K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0165% | 8h | 311.69 | −0.061% | $14K | $1K | 10x | as long as short |
| BingX TAO-USDT | +0.0180% | 4h | 312.03 | +0.049% | — | $33.8M | — | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 311.95 | +0.023% | $101K | $394K | 5x | as long as short |
| Bybit TAOUSDT | +0.0271% | 4h | 312.18 | +0.097% | $67.4M | $150.8M | 50x | as long as short |
| Extended TAO-USD | +0.0304% | 1h | 311.88 | +0.001% | $909K | $2.4M | 25x | as long as short |
| Nado TAO-PERPlong | +0.0316% | 1h | 311.88 | long leg | $787K | $2.2M | 10x | |
| Variational Omni TAO | +0.0325% | 4h | 312.94 | +0.340% | $5.5M | $10.1M | — | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.89 | +0.004% | $4.5M | $10.8M | 100x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 312.70 | +0.264% | $311K | $711K | 5x | as long as short |
| Hyperliquid TAO | +0.0465% | 1h | 311.95 | +0.023% | $91.6M | $107.9M | 5x | as long as short |
| Bulk TAO-USD | +0.0468% | 1h | 310.75 | −0.362% | $165K | $333 | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0479% | 1h | 312.03 | +0.049% | $310K | $885K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0488% | 1h | 311.85 | −0.009% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0489% | 1h | 311.97 | +0.030% | $12K | $1.8M | 25x | as long as short |
| Lighter TAO | +0.0624% | 1h | 311.87 | −0.003% | $1.5M | $6.6M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 311.93 | +0.017% | $359 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 311.70 | −0.055% | $441K | $647K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 312.08 | +0.065% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 316.67 | +1.537% | $23K | $2K | 12x | as long as short |
Aster TAOUSDT
Kraken Futures PF_TAOUSD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
GRVT TAO_USDT_Perp
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
BingX TAO-USDT
Bybit TAOUSDT
Extended TAO-USD
Variational Omni TAO
BloFin TAO-USDT
Phoenix TAO
Hyperliquid TAO
Bulk TAO-USD
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
Lighter TAO
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP