Funding you earn now, next payment 23:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.042%
Price spread now: BingX against Nado+0.199%7-day average −0.011% · 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−$8as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 3 days (all we have)−0.052%−$5 on $10k
+Price spread, last 3 days (all we have)−0.420%−$42 · spread now +0.199%, 7d avg −0.011%
=Together, before fees−0.472%+ Points / potential airdropNado: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.209% dearer against Nado than usual: you sell high and buy low (spread +0.199% now, against its 7-day average of −0.011%): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 3 days (−0.052% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.052% in total (about -6.0% 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 | 303.24 | 0.0344 | pay 0.0043% / 1h | 31m 54s | $818K | $1.9M | 10x |
| Short | BingX TAO-USDT | 303.84 | 0.0100 | get 0.0050% / 4h | 1h 31m | — | $30.3M | — |
Nado TAO-PERP
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$51.23
- Price spread: +0.199% → −0.011%
- $20.92
- Slippage, 4 orders
- −$11.86
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.17
- Costs to cover
- 0.289%
- Break-even
- never at this rate
Slippage from Nado: live order book, 2 min ago; BingX: live order book, 7 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, 2 min ago | 1.15 bp | 9.4 bp −$9 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 0.66 bp | 7.3 bp −$7 | 9.1 bp −$91 | 23.7 bp −$2,367 | 51.6 bp −$25.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0186% | 1h | 303.81 | +0.189% | $162K | $54K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 303.47 | +0.077% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 303.32 | +0.026% | $26K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 303.45 | +0.070% | $44K | $536K | 20x | as long as short |
| Aster TAOUSDT | +0.0100% | 4h | 303.69 | +0.148% | $1.1M | $7.7M | 50x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 303.86 | +0.204% | $85.0M | $413.3M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 304.01 | +0.255% | $58.7M | $121.1M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 303.90 | +0.218% | $24.4M | $95.4M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 303.65 | +0.136% | $79K | $643K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 303.60 | +0.120% | $12.1M | $48.8M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Aster TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 303.69 | +0.149% | $110.5M | $125.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 303.70 | +0.153% | $18.5M | $27.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 303.70 | +0.153% | $33.9M | $46.0M | 50x | as long as short |
| BingX TAO-USDTshort | +0.0100% | 4h | 303.84 | +0.199% | — | $30.3M | — | |
| Variational Omni TAO | +0.0100% | 4h | 303.56 | +0.106% | $3.7M | $6.7M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 302.63 | −0.199% | $39K | $278K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 302.58 | −0.216% | $500K | $967K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 302.62 | −0.204% | $45K | $269K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 303.46 | +0.073% | $74K | $604K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 303.50 | +0.087% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 303.42 | +0.060% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 303.41 | +0.057% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 304.21 | +0.321% | $122K | $364K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 303.82 | +0.192% | $3.2M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 303.86 | +0.204% | $167K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 303.47 | +0.077% | $3K | $494K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0154% | 8h | 303.63 | +0.129% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0164% | 1h | 303.71 | +0.157% | $358K | $371K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 303.29 | +0.018% | $433K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 302.95 | −0.095% | $4.2M | $9.3M | 100x | as long as short |
| Nado TAO-PERPlong | +0.0344% | 1h | 303.24 | long leg | $818K | $1.9M | 10x | |
| Lighter TAO | +0.0360% | 1h | 303.66 | +0.138% | $1.6M | $5.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0392% | 1h | 303.56 | +0.106% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0414% | 1h | 303.53 | +0.096% | $22K | $1.4M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0433% | 1h | 303.90 | +0.218% | $378K | $757K | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 302.70 | −0.177% | $321K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 303.33 | +0.031% | $349 | — | 20x | as long as short |
| Extended TAO-USD | +0.0816% | 1h | 303.75 | +0.168% | $825K | $2.0M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 304.02 | +0.258% | $1.5M | $5.6M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1040% | 1h | 303.71 | +0.157% | $5.7M | $19.7M | 50x | as long as short |
| Hyperliquid TAO | +0.1062% | 1h | 304.27 | +0.340% | $92.3M | $80.4M | 5x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 303.65 | +0.138% | $411K | $545K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +1.811% | $22K | $264 | 12x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Lighter TAO
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Phoenix TAO
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Injective TAO/USDC PERP