Funding you earn now, next payment 01:00 UTC−0.0662%/8h= −72.5% APRpaid last 24h −0.049%
Price spread now: Gate against Nado−0.290%7-day average −0.038% · 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−$76as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 3 days (all we have)−0.056%−$6 on $10k
+Price spread, last 3 days (all we have)+0.114%+$11 · spread now −0.290%, 7d avg −0.038%
=Together, before fees+0.058%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Gate is 0.252% cheaper against Nado than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.056% in total (about -6.3% 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 | 316.72 | 0.0762 | pay 0.0095% / 1h | 12m 46s | $879K | $2.0M | 10x |
| Short | Gate TAO_USDT | 315.80 | 0.0100 | get 0.0050% / 4h | 3h 12m | $12.8M | $51.1M | 50x |
Nado TAO-PERP
Gate TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$139.12
- Price spread: −0.290% → −0.038%
- −$25.25
- Slippage, 4 orders
- −$29.19
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$215.55
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from Nado: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 0.63 bp | 9.1 bp −$9 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.16 bp | 16.6 bp −$17 | 31.1 bp −$311 | 73.8 bp −$7,385 | 121.5 bp −$60.8K |
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 | −0.1821% | 1h | 318.67 | +0.615% | $169K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.65 | −0.022% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.22 | −0.159% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.77 | +0.016% | $42K | $598K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.13 | −0.186% | $90.6M | $450.1M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.70 | −0.322% | $25.7M | $108.7M | 50x | as long as short |
| Gate TAO_USDTshort | +0.0100% | 4h | 315.80 | −0.290% | $12.8M | $51.1M | 50x | |
| MEXC TAO_USDT | +0.0100% | 4h | 316.09 | −0.199% | $110.1M | $136.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.99 | −0.230% | $17.9M | $29.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.52 | −0.379% | $35.1M | $51.3M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 316.13 | −0.186% | $40K | $294K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.19 | −0.168% | $524K | $958K | 10x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 316.42 | −0.094% | $12K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 316.24 | −0.152% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.17 | −0.174% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.44 | −0.088% | $126K | $422K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 316.78 | +0.019% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 316.88 | +0.049% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0122% | 8h | 316.86 | +0.044% | $1K | $636K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0097% | 1h | 316.06 | −0.210% | $453K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 317.08 | +0.113% | $376K | $375K | 10x | as long as short |
| Aster TAOUSDT | +0.0198% | 4h | 316.14 | −0.183% | $1.2M | $8.8M | 50x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 317.07 | +0.111% | $84K | $550K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0234% | 8h | 317.01 | +0.092% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0247% | 1h | 316.30 | −0.132% | $17K | $1.5M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0247% | 1h | 316.20 | −0.164% | $48K | $267K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0270% | 1h | 316.82 | +0.032% | $93K | $633K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.46 | −0.082% | $4.5M | $10.8M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0485% | 1h | 316.40 | −0.102% | $5.7M | $20.3M | 50x | as long as short |
| Variational Omni TAO | +0.0516% | 4h | 316.67 | −0.017% | $5.5M | $8.7M | — | as long as short |
| Phoenix TAO | +0.0525% | 1h | 316.60 | −0.038% | $331K | $624K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0560% | 1h | 316.86 | +0.044% | $3K | $4K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 317.77 | +0.332% | $23K | $802 | 12x | as long as short |
| BingX TAO-USDT | +0.0596% | 4h | 316.09 | −0.199% | — | $30.4M | — | as long as short |
| Bybit TAOUSDT | +0.0678% | 4h | 316.17 | −0.174% | $65.1M | $133.4M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 316.41 | −0.098% | $364 | — | 20x | as long as short |
| Nado TAO-PERPlong | +0.0762% | 1h | 316.72 | long leg | $879K | $2.0M | 10x | |
| Backpack TAO_USDC_PERP | +0.0805% | 1h | 316.37 | −0.111% | $320K | $816K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 317.34 | +0.196% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1112% | 1h | 315.93 | −0.250% | $886K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 316.81 | +0.030% | $419K | $593K | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 316.22 | −0.157% | $1.7M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1850% | 1h | 316.22 | −0.158% | $101.3M | $91.8M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Aster TAOUSDT
Arcus TAO-USD
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Variational Omni TAO
Phoenix TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
BingX TAO-USDT
Bybit TAOUSDT
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO