Funding you earn now, next payment 00:00 UTC−0.0347%/8h= −38.0% APRpaid last 24h −0.045%
Price spread now: OKX against Nado+0.195%49s7-day average −0.034% · 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—prices read too far apart to compare
costs, in and out, $10k−$320.323% of the position
Funding, last 3 days (all we have)−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)−0.393%−$39 · spread now +0.195%, 7d avg −0.034%
=Together, before fees−0.454%+ Points / potential airdropNado: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.229% dearer against Nado than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of −0.034%): +$23 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 3 days (−0.061% in total) that is about 12 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.061% in total (about -7.0% 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 | 311.39 | 0.0447 | pay 0.0056% / 1h | 25m 45s | $822K | $2.0M | 10x |
| Short | OKX TAO-USDT-SWAP | 312.00 | 0.0100 | get 0.0100% / 8h | 25m 45s | $25.1M | $101.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$72.8
- Price spread: +0.195% → −0.034%
- $22.88
- Slippage, 4 orders
- −$15.28
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$82.2
- Costs to cover
- 0.323%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; OKX: live order book, 3 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 | 1.12 bp | 7.7 bp −$8 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.60 bp | 6.6 bp −$7 | 14.3 bp −$143 | 49.1 bp −$4,915 | 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 | −0.4493% | 1h | 315.57 | +1.342% | $169K | $47K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 311.85 | +0.146% | $125K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.37 | −0.008% | $20K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 314.95 | +1.142% | $23K | $361 | 12x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0061% | 1h | 311.84 | +0.145% | $20K | $1.5M | 25x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.45 | +0.018% | $35K | $565K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 312.24 | +0.273% | $370K | $363K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.06 | +0.214% | $88.5M | $427.3M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 312.28 | +0.285% | $61.2M | $125.1M | 50x | as long as short |
| OKX TAO-USDT-SWAPshort | +0.0100% | 8h | 312.00 | +0.195% | $25.1M | $101.1M | 50x |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TAO_USDT | +0.0100% | 4h | 312.10 | +0.227% | $12.4M | $49.9M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.33 | +0.301% | $110.2M | $130.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.95 | +0.179% | $18.7M | $27.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.86 | +0.150% | $34.8M | $46.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 312.36 | +0.311% | — | $30.2M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.93 | +0.815% | $41K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 313.05 | +0.531% | $519K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 313.77 | +0.764% | $47K | $268K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 311.81 | +0.134% | $76K | $489K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 311.60 | +0.067% | $11K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 311.86 | +0.150% | $60K | $275K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.38 | −0.004% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.64 | +1.043% | $127K | $407K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 311.89 | +0.160% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.91 | +0.165% | $171K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 311.47 | +0.025% | $1K | $555K | 5x | as long as short |
| Aster TAOUSDT | +0.0180% | 4h | 312.12 | +0.233% | $1.1M | $7.9M | 50x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 311.97 | +0.185% | $82K | $586K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0191% | 8h | 311.71 | +0.102% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0199% | 4h | 312.46 | +0.343% | $4.0M | $7.0M | — | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.32 | +0.619% | $4.4M | $10.5M | 100x | as long as short |
| Nado TAO-PERPlong | +0.0447% | 1h | 311.39 | long leg | $822K | $2.0M | 10x | |
| Kraken Futures PF_TAOUSD | +0.0450% | 1h | 311.99 | +0.193% | $5.7M | $19.9M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0475% / S −0.0175% | 1h | 311.37 | −0.006% | $447K | — | 100x | as long as short |
| Backpack TAO_USDC_PERP | +0.0519% | 1h | 312.04 | +0.208% | $291K | $804K | 10x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 314.20 | +0.902% | $329K | $521K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0624% | 1h | 311.64 | +0.079% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 311.62 | +0.074% | $358 | — | 20x | as long as short |
| Extended TAO-USD | +0.0856% | 1h | 312.32 | +0.299% | $855K | $2.1M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 312.22 | +0.266% | $1.5M | $5.8M | 50x | as long as short |
| Lighter TAO | +0.1224% | 1h | 312.63 | +0.396% | $1.6M | $5.8M | 5x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 311.66 | +0.085% | $434K | $567K | 5x | as long as short |
| Hyperliquid TAO | +0.1722% | 1h | 312.56 | +0.375% | $97.5M | $83.9M | 5x | as long as short |
OKX TAO-USDT-SWAP
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Deribit TAO_USDC-PERPETUAL
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Variational Omni TAO
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Backpack TAO_USDC_PERP
Phoenix TAO
01 Exchange TAOUSD
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Lighter TAO
RISEx TAO/USDC
Hyperliquid TAO