Funding you earn now, next payment 02:00 UTC−0.0412%/8h= −45.1% APRpaid last 24h −0.057%
Price spread now: Binance against Nado+0.318%48s7-day average 0.000% · 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—prices read too far apart to compare
costs, in and out, $10k−$320.323% of the position
Funding, last 3 days (all we have)−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−1.535%−$153 · spread now +0.318%, 7d avg 0.000%
=Together, before fees−1.600%+ Points / potential airdropNado: Active · farm board−$160 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.317% dearer against Nado than usual: you sell high and buy low (spread +0.318% now, against its 7-day average of 0.000%): +$32 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 3 days (−0.066% in total) that is about 16 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.066% in total (about -7.3% 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 | Nado TAO-PERP | 315.50 | 0.0512 | pay 0.0064% / 1h | 23m 38s | $786K | $2.1M | 10x |
| Short | Binance TAOUSDT | 316.50 | 0.0100 | get 0.0050% / 4h | 2h 23m | $90.7M | $465.7M | 75x |
Nado TAO-PERP
Binance TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$86.45
- Price spread: +0.318% → 0.000%
- $31.73
- Slippage, 4 orders
- −$15.26
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.98
- Costs to cover
- 0.323%
- Break-even
- never at this rate
Slippage from Nado: live order book, 5 min ago; Binance: 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 | 1.12 bp | 7.6 bp −$8 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.16 bp | 8.8 bp −$9 | 16.6 bp −$166 | 41.6 bp −$4,158 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 316.42 | +0.293% | $126K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.48 | −0.005% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.33 | −0.053% | $39K | $628K | 20x | as long as short |
| Binance TAOUSDTshort | +0.0100% | 4h | 316.50 | +0.318% | $90.7M | $465.7M | 75x | |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.70 | +0.381% | $26.1M | $113.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.30 | +0.254% | $12.9M | $50.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.49 | +0.315% | $110.1M | $138.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.82 | +0.419% | $18.1M | $30.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.41 | +0.289% | $35.3M | $53.5M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.28 | −0.385% | $35K | $298K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TAOUSDT | +0.0100% | 1h | 313.06 | −0.773% | $47K | $256K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 315.73 | +0.074% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.58 | +0.026% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.40 | −0.031% | $129K | $472K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 315.62 | +0.039% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 316.11 | +0.196% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 316.54 | +0.330% | $673 | $707K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0130% | 1h | 315.32 | −0.056% | $82K | $680K | 5x | as long as short |
| GRVT TAO_USDT_Perp | +0.0136% | 4h | 314.59 | −0.289% | $518K | $966K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0167% | 1h | 315.85 | +0.111% | $5.6M | $20.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0169% / S +0.0091% | 1h | 315.46 | −0.013% | $441K | — | 100x | as long as short |
| Bullet TAO-USD | +0.0231% | 1h | 315.89 | +0.124% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0246% | 4h | 316.63 | +0.359% | $1.3M | $9.4M | 50x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 316.68 | +0.375% | $372K | $381K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 316.93 | +0.454% | $100K | $529K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0345% | 8h | 316.68 | +0.376% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0458% | 1h | 315.68 | +0.058% | $23K | $1.5M | 25x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 312.28 | −1.020% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERPlong | +0.0512% | 1h | 315.50 | long leg | $786K | $2.1M | 10x | |
| Phoenix TAO | +0.0588% | 1h | 312.30 | −1.013% | $326K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0648% | 1h | 315.72 | +0.071% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 315.38 | −0.037% | $363 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0760% | 4h | 316.51 | +0.321% | — | $30.9M | — | as long as short |
| Variational Omni TAO | +0.0822% | 4h | 315.55 | +0.018% | $5.5M | $8.9M | — | as long as short |
| Bybit TAOUSDT | +0.0823% | 4h | 316.96 | +0.464% | $66.5M | $137.9M | 50x | as long as short |
| Extended TAO-USD | +0.0888% | 1h | 316.55 | +0.333% | $909K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0910% | 1h | 316.17 | +0.213% | $319K | $814K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 316.20 | +0.223% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 316.61 | +0.354% | $452K | $631K | 5x | as long as short |
| Hyperliquid TAO | +0.1275% | 1h | 316.68 | +0.375% | $100.4M | $94.8M | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 317.12 | +0.513% | $1.6M | $6.1M | 5x | as long as short |
| Bulk TAO-USD | +0.2752% | 1h | 308.95 | −2.077% | $164K | $40K | 10x | as long as short |
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Polymarket Perps TAO-USD
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Bullet TAO-USD
Aster TAOUSDT
Pacifica TAO
Arcus TAO-USD
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
Injective TAO/USDC PERP
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Variational Omni TAO
Bybit TAOUSDT
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD