Funding you earn now, next payment 06:00 UTC+0.0055%/8h= +6.1% APRpaid last 24h −0.072%
Price spread now: GRVT against Nado−0.198%59s7-day average +0.002% · 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—prices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
Funding, last 3 days (all we have)−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.198%, 7d avg +0.002%
=Together, before fees+0.203%+ Points / potential airdropNado: Active · GRVT: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.199% cheaper against Nado than usual: you would sell low and buy high (spread −0.198% now, against its 7-day average of +0.002%). If the spread goes back, that is −$20 on $10k: about 12 days of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado TAO-PERP | 314.58 | 0.0251 | pay 0.0031% / 1h | 35m 37s | $772K | $2.2M | 10x |
| Short | GRVT TAO_USDT_Perp | 313.96 | 0.0306 | get 0.0153% / 4h | 2h 35m | $533K | $935K | 10x |
Nado TAO-PERP
GRVT TAO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $11.63
- Price spread: −0.198% → +0.002%
- −$19.93
- Slippage, 4 orders
- −$17.81
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$42.11
- Costs to cover
- 0.338%
- Break-even
- 32.3 days
Slippage from Nado: live order book, 3 min ago; GRVT: live order book, 12 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 | 0.80 bp | 8.2 bp −$8 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 12 min ago | 1.43 bp | 9.3 bp −$9 | 21.2 bp −$212 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 314.53 | −0.017% | $23K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0041% | 1h | 315.68 | +0.349% | $126K | $85K | 5x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 316.15 | +0.498% | $647 | $904K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.16 | +0.501% | $90.7M | $507.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.10 | +0.482% | $26.4M | $123.1M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 314.32 | −0.083% | $167K | $333 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.80 | +0.387% | $13.9M | $50.8M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.23 | +0.524% | $106.8M | $145.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.65 | +0.339% | $17.4M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.79 | +0.384% | $35.5M | $57.0M | 50x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
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 | 313.69 | −0.285% | $41K | $315K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.32 | −0.083% | $90K | $919K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.16 | −0.134% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.39 | −0.061% | $111K | $546K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.84 | +0.083% | $173K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0123% | 4h | 314.87 | +0.091% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0131% / S +0.0138% | 1h | 314.45 | −0.043% | $420K | — | 100x | as long as short |
| Phemex TAOUSDT | +0.0132% | 4h | 314.89 | +0.098% | $3.2M | $8.0M | 50x | as long as short |
| Aster TAOUSDT | +0.0186% | 4h | 315.52 | +0.298% | $1.3M | $10.5M | 50x | as long as short |
| Popdex TAOUSDT | +0.0208% | 1h | 316.23 | +0.524% | $50K | $664K | 20x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 316.00 | +0.452% | $360K | $419K | 10x | as long as short |
| Nado TAO-PERPlong | +0.0251% | 1h | 314.58 | long leg | $772K | $2.2M | 10x | |
| Paradex TAO-USD-PERP | +0.0263% | 8h | 316.29 | +0.542% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0302% | 1h | 315.24 | +0.209% | $5.9M | $21.4M | 50x | as long as short |
| GRVT TAO_USDT_Perpshort | +0.0306% | 4h | 313.96 | −0.198% | $533K | $935K | 10x | |
| Bullet TAO-USD | +0.0334% | 1h | 314.85 | +0.086% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.84 | −0.236% | $4.6M | $10.9M | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0375% | 1h | 312.24 | −0.745% | $44K | $256K | 50x | as long as short |
| BingX TAO-USDT | +0.0426% | 4h | 316.12 | +0.489% | — | $33.7M | — | as long as short |
| Variational Omni TAO | +0.0431% | 4h | 314.95 | +0.116% | $5.5M | $10.1M | — | as long as short |
| Extended TAO-USD | +0.0440% | 1h | 316.09 | +0.479% | $907K | $2.4M | 25x | as long as short |
| Bybit TAOUSDT | +0.0473% | 4h | 316.24 | +0.527% | $68.6M | $152.1M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0482% | 1h | 314.87 | +0.093% | $9K | $1.8M | 25x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 316.35 | +0.562% | $102K | $370K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 314.00 | −0.185% | $312K | $713K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 314.42 | −0.050% | $362 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0768% | 1h | 316.66 | +0.660% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0796% | 1h | 315.95 | +0.433% | $92.4M | $108.7M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0821% | 1h | 315.06 | +0.152% | $311K | $887K | 10x | as long as short |
| Lighter TAO | +0.0840% | 1h | 315.87 | +0.409% | $1.5M | $6.6M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 315.17 | +0.187% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 316.07 | +0.474% | $459K | $651K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 317.66 | +0.978% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Phemex TAOUSDT
Aster TAOUSDT
Popdex TAOUSDT
Pacifica TAO
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
ApeX Omni TAOUSDT
BingX TAO-USDT
Variational Omni TAO
Extended TAO-USD
Bybit TAOUSDT
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
Phoenix TAO
Reya TAORUSDPERP
01 Exchange TAOUSD
Hyperliquid TAO
Backpack TAO_USDC_PERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP