Funding you earn now, next payment 01:00 UTC−0.0485%/8h= −53.1% APRnext payment −$0.61 per $10,000 · paid last 24h −0.049%
Price spread now: Polymarket Perps against Nado+0.024%7-day average +0.003% · 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−$27as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 3 days (all we have)−0.062%−$6 on $10k
+Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.024%, 7d avg +0.003%
=Together, before fees−0.060%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.020% dearer against Nado than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of +0.003%): +$2 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 3 days (−0.062% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.062% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.61 per $10,000. 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 | 317.10 | 0.0752 | pay 0.0094% / 1h | 6m 46s | $877K | $2.0M | 10x |
| Short | Polymarket Perps TAO-USD | 317.17 | 0.0267 | get 0.0033% / 1h | 6m 46s | $93K | $633K | 5x |
Nado TAO-PERP
Polymarket Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$101.88
- Price spread: +0.024% → +0.003%
- $2.04
- Slippage, 4 orders
- −$14.32
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$129.16
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from Nado: live order book, 2 min ago; Polymarket Perps: live order book, 66 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, 2 min ago | 0.79 bp | 8.5 bp −$8 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 66 min ago | 2.71 bp | 6.7 bp −$7 | 9.3 bp −$93 | 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 | −0.1228% | 1h | 316.14 | −0.301% | $168K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 317.00 | −0.030% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 316.76 | −0.104% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.00 | −0.030% | $42K | $600K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.34 | +0.077% | $90.9M | $450.7M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.10 | +0.002% | $25.8M | $109.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.20 | +0.033% | $12.9M | $51.2M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 317.07 | −0.008% | $99.7M | $136.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.34 | +0.077% | $18.0M | $29.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.02 | −0.024% | $35.3M | $51.5M | 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
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 | 316.12 | −0.308% | $40K | $293K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 315.81 | −0.405% | $523K | $958K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 317.90 | +0.254% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.70 | −0.125% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.76 | +0.210% | $127K | $422K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.76 | +0.210% | $3.4M | $7.8M | 50x | as long as short |
| Bullet TAO-USD | +0.0102% | 1h | 316.93 | −0.051% | $12K | $17K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.42 | +0.104% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 316.90 | −0.061% | $2K | $644K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0154% | 1h | 316.14 | −0.301% | $48K | $267K | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0172% / S +0.0101% | 1h | 316.66 | −0.136% | $449K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 317.39 | +0.093% | $376K | $376K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 317.20 | +0.033% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0207% | 4h | 317.16 | +0.020% | $1.3M | $8.8M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0237% | 8h | 316.99 | −0.032% | $14K | $1K | 10x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0267% | 1h | 317.17 | +0.024% | $93K | $633K | 5x | |
| Deribit TAO_USDC-PERPETUAL | +0.0292% | 1h | 317.77 | +0.213% | $17K | $1.5M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.23 | +0.358% | $4.5M | $10.8M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0482% | 1h | 317.90 | +0.253% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 316.20 | −0.282% | $331K | $624K | 5x | as long as short |
| Variational Omni TAO | +0.0546% | 4h | 316.94 | −0.048% | $5.5M | $8.7M | — | as long as short |
| 01 Exchange TAOUSD | +0.0560% | 1h | 317.04 | −0.017% | $3K | $4K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 316.59 | −0.159% | $23K | $902 | 12x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.81 | −0.089% | $364 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0702% | 4h | 317.25 | +0.049% | — | $30.7M | — | as long as short |
| Bybit TAOUSDT | +0.0705% | 4h | 317.45 | +0.112% | $65.3M | $133.5M | 50x | as long as short |
| Nado TAO-PERPlong | +0.0752% | 1h | 317.10 | long leg | $877K | $2.0M | 10x | |
| Backpack TAO_USDC_PERP | +0.0805% | 1h | 318.28 | +0.374% | $322K | $816K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 317.23 | +0.043% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1112% | 1h | 317.24 | +0.047% | $885K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 316.94 | −0.047% | $421K | $593K | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 317.65 | +0.175% | $1.7M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1785% | 1h | 317.61 | +0.162% | $101.6M | $91.6M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Bullet TAO-USD
Aevo TAO-PERP
Katana Perps TAO-USD
ApeX Omni TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Variational Omni TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
Reya TAORUSDPERP
BingX TAO-USDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO