Funding you earn now, next payment 06:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.003%
Price spread now: Extended against Nado+0.040%7-day average −0.051% · 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−$17as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days−0.035%−$4 · spread now +0.040%, 7d avg −0.051%
=Together, before fees−0.040%+ Points / potential airdropNado: Active · Extended: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.091% dearer against Nado than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.051%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.1 days. At the pace of the last 3 days (−0.004% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado TAO-PERP | 311.45 | 0.0398 | pay 0.0050% / 1h | 54m 54s | $775K | $2.2M | 10x |
| Short | Extended TAO-USD | 311.57 | 0.0360 | get 0.0045% / 1h | 54m 54s | $904K | $2.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$7.91
- Price spread: +0.040% → −0.051%
- $9.11
- Slippage, 4 orders
- −$14.56
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.35
- Costs to cover
- 0.266%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago | 1.12 bp | 7.3 bp −$7 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 3.37 bp | 5.9 bp −$6 | 7.6 bp −$76 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 311.52 | +0.023% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.22 | −0.072% | $20K | — | 150x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 311.37 | −0.025% | $761 | $869K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.55 | +0.033% | $89.0M | $504.4M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.40 | −0.015% | $26.1M | $121.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 311.30 | −0.047% | $13.4M | $50.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 311.69 | +0.078% | $103.7M | $144.4M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.67 | +0.071% | $17.4M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.39 | −0.018% | $35.0M | $56.9M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.84 | +0.447% | $41K | $313K | 10x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 311.25 | −0.063% | $81K | $907K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.48 | +0.010% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 310.32 | −0.362% | $110K | $545K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.71 | +0.083% | $171K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0118% | 4h | 311.57 | +0.039% | $51K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0133% / S +0.0136% | 1h | 311.22 | −0.072% | $417K | — | 100x | as long as short |
| Aster TAOUSDT | +0.0133% | 4h | 311.63 | +0.059% | $1.3M | $10.5M | 50x | as long as short |
| Popdex TAOUSDT | +0.0176% | 1h | 311.50 | +0.017% | $48K | $662K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0201% | 8h | 311.64 | +0.061% | $14K | $1K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0204% | 4h | 313.11 | +0.532% | $532K | $942K | 10x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 311.85 | +0.130% | $355K | $419K | 10x | as long as short |
| Bulk TAO-USD | +0.0253% | 1h | 311.89 | +0.142% | $166K | $333 | 10x | as long as short |
| Bullet TAO-USD | +0.0304% | 1h | 311.54 | +0.029% | $12K | $17K | 20x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0306% | 1h | 311.65 | +0.064% | $5.5M | $20.7M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.87 | +0.136% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0348% | 4h | 311.52 | +0.023% | — | $33.7M | — | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0351% | 1h | 311.53 | +0.027% | $11K | $1.8M | 25x | as long as short |
| Bybit TAOUSDT | +0.0353% | 4h | 311.58 | +0.043% | $67.4M | $151.1M | 50x | as long as short |
| Extended TAO-USDshort | +0.0360% | 1h | 311.57 | +0.040% | $904K | $2.4M | 25x | |
| Variational Omni TAO | +0.0371% | 4h | 312.91 | +0.470% | $5.5M | $10.1M | — | as long as short |
| Nado TAO-PERPlong | +0.0398% | 1h | 311.45 | long leg | $775K | $2.2M | 10x | |
| Phoenix TAO | +0.0457% | 1h | 312.80 | +0.434% | $311K | $713K | 5x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 311.90 | +0.145% | $100K | $370K | 5x | as long as short |
| Phemex TAOUSDT | +0.0595% | 4h | 311.65 | +0.065% | $3.1M | $8.0M | 50x | as long as short |
| Hyperliquid TAO | +0.0658% | 1h | 311.93 | +0.155% | $91.3M | $108.4M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 311.53 | +0.025% | $358 | — | 20x | as long as short |
| Lighter TAO | +0.0760% | 1h | 311.92 | +0.150% | $1.5M | $6.5M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0824% | 1h | 311.56 | +0.036% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0835% | 1h | 311.82 | +0.120% | $310K | $885K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 312.88 | +0.460% | $1.5M | $6.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 311.52 | +0.024% | $445K | $650K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.1940% | 1h | 312.51 | +0.341% | $46K | $254K | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 315.73 | +1.375% | $23K | $2K | 12x | as long as short |
Extended TAO-USD
gTrade (Gains Network) TAO/USD
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Popdex TAOUSDT
Paradex TAO-USD-PERP
GRVT TAO_USDT_Perp
Pacifica TAO
Bulk TAO-USD
Bullet TAO-USD
Kraken Futures PF_TAOUSD
BloFin TAO-USDT
BingX TAO-USDT
Deribit TAO_USDC-PERPETUAL
Bybit TAOUSDT
Variational Omni TAO
Phoenix TAO
Phemex TAOUSDT
Hyperliquid TAO
Lighter TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
ApeX Omni TAOUSDT
Injective TAO/USDC PERP