Funding you earn now, next payment 10:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h −0.074%
Price spread now: dYdX against Nado−0.071%7-day average −0.044% · 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−$100as in the Price arb table
costs, in and out, $10k−$970.974% of the position
Funding, last 4 days (all we have)+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.276%−$28 · spread now −0.071%, 7d avg −0.044%
=Together, before fees−0.217%+ Points / potential airdropNado: Active · farm board−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.027% cheaper against Nado than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.044%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.059% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.059% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado TAO-PERP | 317.67 | 0.0448 | pay 0.0056% / 1h | 18m 35s | $712K | $2.0M | 10x |
| Short | dYdX TAO-USD | 317.45 | 0.0633 | get 0.0079% / 1h | 18m 35s | $268K | $235K | 5x |
Nado TAO-PERP
dYdX TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $38.74
- Price spread: −0.071% → −0.044%
- −$2.7
- Slippage, 4 orders
- −$80.4
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$61.36
- Costs to cover
- 0.974%
- Break-even
- 18.1 days
Slippage from Nado: live order book, 3 min ago; dYdX: live order book, 33 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, 3 min ago | 0.94 bp | 7.0 bp −$7 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 33 min ago | 28.32 bp | 47.1 bp −$47 | 62.7 bp −$627 | 190.9 bp −$19.1K | 772.1 bp −$386.1K |
TAO on 43 exchanges
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 | −0.1080% | 1h | 318.61 | +0.295% | $169K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 317.21 | −0.145% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.45 | +0.245% | $51K | $633K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 318.32 | +0.204% | $69.8M | $155.6M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.30 | +0.198% | $27.0M | $129.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.00 | +0.103% | $15.7M | $49.1M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.19 | +0.163% | $17.7M | $31.8M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.16 | +0.153% | $36.1M | $56.8M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 318.37 | +0.220% | $45K | $256K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.24 | −0.136% | $81K | $1.1M | 5x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 317.22 | −0.142% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.18 | −0.155% | $117K | $557K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.61 | −0.020% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0105% | 8h | 318.24 | +0.179% | $1K | $1.3M | 5x | as long as short |
| Aevo TAO-PERP | +0.0112% | 1h | 317.71 | +0.012% | $174K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0132% | 4h | 318.33 | +0.207% | $110.7M | $151.9M | 300x | as long as short |
| BingX TAO-USDT | +0.0132% | 4h | 318.26 | +0.185% | — | $39.0M | — | as long as short |
| Binance TAOUSDT | +0.0132% | 4h | 318.28 | +0.191% | $93.4M | $516.0M | 75x | as long as short |
| edgeX TAOUSDC | +0.0132% | 4h | 318.43 | +0.239% | $42K | $324K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0186% | 8h | 318.21 | +0.169% | $14K | $876 | 10x | as long as short |
| Extended TAO-USD | +0.0224% | 1h | 318.28 | +0.192% | $963K | $2.1M | 25x | as long as short |
| Orderly PERP_TAO_USDC | +0.0250% | 4h | 317.52 | −0.048% | $53K | $262K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0256% | 4h | 318.62 | +0.300% | $541K | $814K | 10x | as long as short |
| Pacifica TAO | +0.0301% | 1h | 318.30 | +0.198% | $372K | $448K | 10x | as long as short |
| Aster TAOUSDT | +0.0304% | 4h | 318.30 | +0.198% | $1.2M | $11.3M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0361% / S −0.0107% | 1h | 317.19 | −0.153% | $373K | — | 100x | as long as short |
| Arcus TAO-USD | +0.0364% | 1h | 318.58 | +0.286% | $100K | $325K | 5x | as long as short |
| BloFin TAO-USDT | +0.0372% | 4h | 317.79 | +0.037% | $4.9M | $10.5M | 100x | as long as short |
| Lighter TAO | +0.0376% | 1h | 318.31 | +0.201% | $1.6M | $6.7M | 5x | as long as short |
| Bullet TAO-USD | +0.0385% | 1h | 317.67 | −0.001% | $12K | $17K | 20x | as long as short |
| Variational Omni TAO | +0.0410% | 4h | 318.32 | +0.204% | $5.7M | $9.8M | — | as long as short |
| Nado TAO-PERPlong | +0.0448% | 1h | 317.67 | long leg | $712K | $2.0M | 10x | |
| Phoenix TAO | +0.0567% | 1h | 319.00 | +0.418% | $321K | $712K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0587% | 1h | 317.51 | −0.050% | $14K | $1.9M | 25x | as long as short |
| dYdX TAO-USDshort | +0.0633% | 1h | 317.45 | −0.071% | $268K | $235K | 5x | |
| Backpack TAO_USDC_PERP | +0.0658% | 1h | 317.86 | +0.059% | $298K | $1.1M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0684% | 1h | 317.84 | +0.052% | $6.2M | $20.3M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 317.81 | +0.043% | $365 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0701% | 1h | 318.24 | +0.180% | $440K | $704K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 318.86 | +0.374% | $3K | $2K | 5x | as long as short |
| Hyperliquid TAO | +0.0788% | 1h | 318.44 | +0.242% | $96.1M | $108.3M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0832% | 1h | 318.47 | +0.251% | $1.1M | $7.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3320% | 1h | 322.26 | +1.444% | $23K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
MEXC TAO_USDT
BingX TAO-USDT
Binance TAOUSDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Extended TAO-USD
Orderly PERP_TAO_USDC
GRVT TAO_USDT_Perp
Pacifica TAO
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Arcus TAO-USD
BloFin TAO-USDT
Lighter TAO
Bullet TAO-USD
Variational Omni TAO
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
Reya TAORUSDPERP
RISEx TAO/USDC
01 Exchange TAOUSD
Hyperliquid TAO
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP