TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0840%/8h= +92.0% APRnext payment +$1.05 per $10,000 · paid last 24h +0.045%

Price spread now: RISEx against Nado+0.012%7-day average +0.007% · 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−$21as in the Price arb table

costs, in and out, $10k−$220.219% of the position

Long on Nado Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.316%+$32 on $10k

Price spread, last 3 days (all we have)−0.234%−$23 · spread now +0.012%, 7d avg +0.007%

Together, before fees+0.082%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TAO-PERP	307.39	0.0314	pay 0.0039% / 1h	6m 04s	$834K	$1.9M	10x
Short	RISEx TAO/USDC	307.43	0.1155	get 0.0144% / 1h	6m 04s	$419K	$533K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee RISExbpOrdersPrice spread, now +0.012%Rate

Funding earned: $176.44
Price spread: +0.012% → +0.007%: $0.45
Slippage, 4 orders: −$8.88
Fee Nado: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $155.01
Costs to cover: 0.219%
Break-even: 0.9 days

Slippage from Nado: live order book, 3 min ago; RISEx: 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	0.81 bp	7.0 bp −$7	20.8 bp −$208	doesn't fit	doesn't fit
Sell RISEx live order book, 12 min ago	1.30 bp	4.3 bp −$4	20.6 bp −$206	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	−0.0396%	1h	305.88	−0.494%	$163K	$52K	10x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	307.13	−0.085%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0012%	1h	307.18	−0.069%	$126K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	307.34	−0.017%	$45K	$541K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	307.27	−0.040%	$86.2M	$414.7M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	307.41	+0.006%	$59.8M	$121.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	307.20	−0.063%	$24.7M	$96.1M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	307.58	+0.061%	$80K	$643K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	307.50	+0.035%	$12.3M	$49.3M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	307.39	−0.001%	$115.0M	$126.2M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	307.32	−0.024%	$18.5M	$27.2M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	307.36	−0.011%	$34.3M	$45.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	307.58	+0.061%	—	$30.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	306.62	−0.252%	$40K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	307.22	−0.057%	$508K	$967K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	306.60	−0.258%	$46K	$269K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	307.50	+0.035%	$75K	$550K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	307.47	+0.025%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	307.18	−0.069%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	307.25	−0.046%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	307.37	−0.007%	$122K	$369K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	307.48	+0.028%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	307.62	+0.073%	$169K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	307.40	+0.002%	$1K	$511K	5x	as long as short
Variational Omni TAO	+0.0110%	4h	306.68	−0.231%	$3.7M	$6.7M	—	as long as short
Aster TAOUSDT	+0.0134%	4h	307.45	+0.019%	$1.1M	$7.7M	50x	as long as short
Paradex TAO-USD-PERP	+0.0155%	8h	307.33	−0.022%	$14K	$1K	10x	as long as short
Pacifica TAO	+0.0164%	1h	307.49	+0.031%	$363K	$369K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	307.13	−0.085%	$439K	—	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0313%	1h	307.31	−0.026%	$21K	$1.4M	25x	as long as short
Nado TAO-PERPlong	+0.0314%	1h	307.39	long leg	$834K	$1.9M	10x
BloFin TAO-USDT	+0.0340%	4h	307.22	−0.056%	$4.2M	$9.5M	100x	as long as short
Lighter TAO	+0.0368%	1h	307.80	+0.133%	$1.7M	$5.4M	5x	as long as short
01 Exchange TAOUSD	+0.0416%	1h	307.62	+0.074%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0460%	1h	307.69	+0.097%	$295K	$800K	10x	as long as short
Phoenix TAO	+0.0521%	1h	307.10	−0.095%	$321K	$491K	5x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	307.38	−0.006%	$353	—	20x	as long as short
Extended TAO-USD	+0.0696%	1h	307.52	+0.043%	$834K	$2.0M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	307.76	+0.120%	$1.5M	$5.6M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.1027%	1h	307.59	+0.064%	$5.8M	$19.6M	50x	as long as short
RISEx TAO/USDCshort	+0.1155%	1h	307.43	+0.012%	$419K	$533K	5x
Hyperliquid TAO	+0.1160%	1h	308.12	+0.237%	$94.0M	$80.8M	5x	as long as short
Injective TAO/USDC PERP	+0.1621%	1h	308.73	+0.435%	$22K	$264	12x	as long as short