Settings8H · net · $10k
Funding arb · Price arb /

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0478%/8h= +52.3% APRnext payment +$0.60 per $10,000 · paid last 24h +0.020%
Price spread now: 01 Exchange against Nado+0.137%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and 01 Exchange is 0.137% dearer against Nado than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado TAO-PERP312.780.0282pay 0.0035% / 1h51m 11s$778K$2.2M10x
Short01 Exchange TAOUSD313.210.0760get 0.0095% / 1h51m 11s$3K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
$100.29
Price spread: +0.137% → 0.000%
$13.67
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$99.96
Costs to cover
0.140%
Break-even
0.0 days
Slippage unknown: Nado: live order book, 3 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago1.92 bp7.8 bp −$821.1 bp −$211doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX TAO-USD0.0000%1h312.43−0.114%$125K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h312.51−0.086%$20K150xas long as short
Katana Perps TAO-USD+0.0100%8h312.65−0.042%$640$877K5xas long as short
Binance TAOUSDT+0.0100%4h313.15+0.117%$89.5M$504.8M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h313.30+0.165%$26.2M$121.9M50xas long as short
Gate TAO_USDT+0.0100%4h312.80+0.006%$13.6M$50.3M50xas long as short
MEXC TAO_USDT+0.0100%4h313.25+0.149%$104.5M$144.5M300xas long as short
KuCoin TAOUSDTM+0.0100%4h313.16+0.121%$17.5M$31.4M75xas long as short
Bitget TAOUSDT+0.0100%4h312.92+0.044%$35.2M$56.9M50xas long as short
edgeX TAOUSDC+0.0100%4h312.14−0.206%$41K$314K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps TAO-USD+0.0100%1h312.56−0.071%$81K$908K5xas long as short
SunX TAO-USDT+0.0100%4h312.56−0.071%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h312.30−0.154%$111K$545K20xas long as short
Aevo TAO-PERP+0.0104%1h313.10+0.100%$172K$9983xas long as short
Orderly PERP_TAO_USDC+0.0120%4h312.96+0.057%$52K$290K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0133% / S +0.0137%1h312.55−0.073%$418K100xas long as short
Bulk TAO-USD+0.0138%1h312.42−0.115%$166K$33310xas long as short
Aster TAOUSDT+0.0149%4h312.780.000%$1.3M$10.5M50xas long as short
Paradex TAO-USD-PERP+0.0214%8h312.68−0.034%$14K$1K10xas long as short
GRVT TAO_USDT_Perp+0.0232%4h312.47−0.101%$531K$942K10xas long as short
Pacifica TAO+0.0233%1h312.82+0.013%$356K$419K10xas long as short
Popdex TAOUSDT+0.0264%1h312.81+0.009%$49K$662K20xas long as short
ApeX Omni TAOUSDT+0.0265%1h312.08−0.225%$46K$255K50xas long as short
Nado TAO-PERPlong+0.0282%1h312.78long leg$778K$2.2M10x
Kraken Futures PF_TAOUSD+0.0305%1h312.95+0.054%$5.5M$20.7M50xas long as short
Bullet TAO-USD+0.0322%1h312.96+0.057%$12K$17K20xas long as short
BloFin TAO-USDT+0.0340%4h313.00+0.070%$4.5M$10.8M100xas long as short
Bybit TAOUSDT+0.0343%4h313.27+0.156%$67.8M$151.2M50xas long as short
BingX TAO-USDT+0.0358%4h313.21+0.137%$33.7Mas long as short
Variational Omni TAO+0.0371%4h312.91+0.041%$5.5M$10.1Mas long as short
Extended TAO-USD+0.0376%1h312.91+0.040%$902K$2.4M25xas long as short
Phemex TAOUSDT+0.0412%4h313.03+0.079%$3.1M$7.9M50xas long as short
Arcus TAO-USD+0.0483%1h313.04+0.082%$101K$370K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0507%1h312.98+0.065%$11K$1.8M25xas long as short
Phoenix TAO+0.0513%1h312.50−0.090%$311K$713K5xas long as short
Hyperliquid TAO+0.0691%1h313.38+0.191%$91.7M$108.3M5xas long as short
Reya TAORUSDPERP+0.0697%1h312.83+0.015%$36020xas long as short
01 Exchange TAOUSDshort+0.0760%1h313.21+0.137%$3K$4K5x
Backpack TAO_USDC_PERP+0.0826%1h313.33+0.175%$311K$885K10xas long as short
Lighter TAO+0.0856%1h313.15+0.118%$1.5M$6.5M5xas long as short
Coinbase International TAO-PERP-INTX+0.0928%1h313.58+0.255%$1.5M$6.7M50xas long as short
RISEx TAO/USDC+0.0948%1h312.84+0.019%$447K$649K5xas long as short
Injective TAO/USDC PERP+0.3711%1h316.07+1.051%$23K$2K12xas long as short