Funding you earn now, next payment 03:00 UTC−0.0469%/8h= −51.3% APRpaid last 24h −0.063%
Price spread now: KuCoin against Nado+0.042%7-day average −0.006% · 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−$46as in the Price arb table
costs, in and out, $10k−$510.511% of the position
Funding, last 3 days (all we have)−0.072%−$7 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now +0.042%, 7d avg −0.006%
=Together, before fees−0.044%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.047% dearer against Nado than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.006%): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 3 days (−0.072% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.072% in total (about -7.9% 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 | 316.48 | 0.0569 | pay 0.0071% / 1h | 4m 56s | $826K | $2.2M | 10x |
| Short | KuCoin TAOUSDTM | 316.61 | 0.0100 | get 0.0050% / 4h | 1h 04m | $17.6M | $31.7M | 75x |
Nado TAO-PERP
KuCoin TAOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$98.46
- Price spread: +0.042% → −0.006%
- $4.74
- Slippage, 4 orders
- −$32.09
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$144.81
- Costs to cover
- 0.511%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; KuCoin: 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 | 0.47 bp | 6.4 bp −$6 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.73 bp | 20.7 bp −$21 | 29.0 bp −$290 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.1916% | 1h | 325.17 | +2.747% | $172K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.01 | −0.148% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.96 | −0.163% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.46 | −0.006% | $41K | $686K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.74 | +0.082% | $92.0M | $490.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.80 | +0.102% | $26.1M | $120.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.50 | +0.007% | $13.0M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.69 | +0.067% | $104.8M | $144.2M | 300x | as long as short |
| KuCoin TAOUSDTMshort | +0.0100% | 4h | 316.61 | +0.042% | $17.6M | $31.7M | 75x | |
| Bitget TAOUSDT | +0.0100% | 4h | 316.58 | +0.032% | $35.3M | $56.1M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 316.32 | −0.050% | $35K | $303K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.26 | −0.069% | $88K | $793K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.16 | −0.100% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.11 | −0.116% | $109K | $529K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 316.34 | −0.045% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0112% | 8h | 316.15 | −0.103% | $673 | $778K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0126% | 4h | 316.15 | −0.103% | $57K | $275K | 10x | as long as short |
| Bullet TAO-USD | +0.0136% | 1h | 316.36 | −0.037% | $12K | $18K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0156% / S +0.0113% | 1h | 315.91 | −0.178% | $429K | — | 100x | as long as short |
| Phemex TAOUSDT | +0.0163% | 4h | 316.53 | +0.017% | $3.3M | $8.1M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0178% | 4h | 317.27 | +0.251% | $528K | $965K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0237% | 8h | 316.48 | 0.000% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0248% | 1h | 316.30 | −0.057% | $5.6M | $20.8M | 50x | as long as short |
| Aster TAOUSDT | +0.0264% | 4h | 316.64 | +0.051% | $1.2M | $10.1M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0283% | 1h | 316.20 | −0.087% | $15K | $1.7M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.31 | −0.053% | $4.6M | $10.9M | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0349% | 1h | 316.96 | +0.152% | $47K | $252K | 50x | as long as short |
| Bybit TAOUSDT | +0.0376% | 4h | 316.87 | +0.124% | $69.4M | $146.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0386% | 4h | 316.67 | +0.061% | — | $30.4M | — | as long as short |
| Pacifica TAO | +0.0448% | 1h | 316.27 | −0.064% | $372K | $413K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 316.50 | +0.007% | $331K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 316.81 | +0.105% | $100K | $488K | 5x | as long as short |
| Nado TAO-PERPlong | +0.0569% | 1h | 316.48 | long leg | $826K | $2.2M | 10x | |
| Extended TAO-USD | +0.0584% | 1h | 316.60 | +0.039% | $927K | $2.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0648% | 1h | 316.77 | +0.092% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.36 | −0.038% | $364 | — | 20x | as long as short |
| Lighter TAO | +0.0712% | 1h | 316.82 | +0.108% | $1.6M | $6.4M | 5x | as long as short |
| Variational Omni TAO | +0.0758% | 4h | 315.94 | −0.169% | $5.9M | $9.8M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0824% | 1h | 316.75 | +0.086% | $315K | $926K | 10x | as long as short |
| Hyperliquid TAO | +0.0937% | 1h | 316.93 | +0.143% | $95.6M | $104.2M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 317.08 | +0.190% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 316.72 | +0.076% | $437K | $659K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 321.62 | +1.625% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
Bullet TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Phemex TAOUSDT
GRVT TAO_USDT_Perp
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Aster TAOUSDT
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
ApeX Omni TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Extended TAO-USD
01 Exchange TAOUSD
Reya TAORUSDPERP
Lighter TAO
Variational Omni TAO
Backpack TAO_USDC_PERP
Hyperliquid TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP