TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0291%/8h= −31.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.068%

Price spread now: gTrade (Gains Network) against Nado−0.089%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and gTrade (Gains Network) is 0.089% cheaper against Nado than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TAO-PERP	309.74	0.0298	pay 0.0037% / 1h	3m 20s	$855K	$1.9M	10x
Short	gTrade (Gains Network) TAO/USD	309.47	L +0.0004% / S −0.0007%	get 0.0001% / 1h	3m 20s	$26K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.089%Rate

Funding earned: −$61.19
Price spread: −0.089% → 0.000%: −$8.93
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$87.11
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Nado: live order book, just now; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, just now	1.61 bp	8.2 bp −$8	20.0 bp −$200	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0601%	1h	309.73	−0.004%	$203K	$57K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	308.61	−0.366%	$130K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0007%	1h	309.47	−0.089%	$26K	—	150x
Popdex TAOUSDT	+0.0096%	1h	309.80	+0.019%	$44K	$529K	20x	as long as short
Pacifica TAO	+0.0100%	1h	309.07	−0.216%	$365K	$368K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	309.52	−0.073%	$86.9M	$406.3M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	309.58	−0.052%	$60.2M	$119.7M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	309.50	−0.078%	$25.4M	$94.4M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	309.97	+0.073%	$138K	$584K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	309.60	−0.046%	$12.3M	$48.9M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	309.70	−0.014%	$120.0M	$126.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	309.53	−0.069%	$18.9M	$26.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	309.18	−0.182%	$34.5M	$44.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	309.66	−0.027%	—	$30.4M	—	as long as short
Variational Omni TAO	+0.0100%	4h	308.45	−0.417%	$3.7M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	308.24	−0.485%	$40K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	308.67	−0.347%	$549K	$949K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	308.31	−0.462%	$46K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	309.84	+0.031%	$78K	$657K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	309.70	−0.014%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	309.41	−0.107%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	308.73	−0.327%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	308.89	−0.275%	$122K	$353K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	308.79	−0.308%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	309.52	−0.070%	$170K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0113%	8h	309.64	−0.033%	$634	$466K	5x	as long as short
Aster TAOUSDT	+0.0156%	4h	309.62	−0.040%	$1.1M	$7.6M	50x	as long as short
Paradex TAO-USD-PERP	+0.0163%	8h	309.29	−0.146%	$14K	$1K	10x	as long as short
Phoenix TAO	+0.0234%	1h	309.10	−0.207%	$327K	$462K	5x	as long as short
Nado TAO-PERPlong	+0.0298%	1h	309.74	long leg	$855K	$1.9M	10x
Deribit TAO_USDC-PERPETUAL	+0.0300%	1h	308.88	−0.280%	$11K	$1.3M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	308.38	−0.440%	$4.3M	$9.5M	100x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0487% / S −0.0184%	1h	309.42	−0.104%	$454K	—	100x	as long as short
01 Exchange TAOUSD	+0.0552%	1h	310.17	+0.138%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0694%	1h	309.75	+0.002%	$356	—	20x	as long as short
Extended TAO-USD	+0.0800%	1h	309.71	−0.011%	$907K	$2.0M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0892%	1h	309.57	−0.056%	$385K	$754K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	309.87	+0.041%	$1.5M	$5.5M	50x	as long as short
Lighter TAO	+0.0984%	1h	309.14	−0.195%	$1.7M	$4.9M	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1020%	1h	309.06	−0.219%	$6.4M	$19.1M	50x	as long as short
RISEx TAO/USDC	+0.1053%	1h	309.93	+0.059%	$417K	$543K	5x	as long as short
Hyperliquid TAO	+0.1871%	1h	310.42	+0.219%	$97.3M	$77.7M	5x	as long as short
Injective TAO/USDC PERP	+0.4876%	1h	308.73	−0.327%	$22K	$271	12x	as long as short