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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0659%/8h= +72.1% APRpaid last 24h +0.049%
Price spread now: Nado against SunX+0.036%48s7-day average −0.013% · 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)+0.056%+$6 on $10k
Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.036%, 7d avg −0.013%
Together, before fees−0.051%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Nado is 0.049% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 48 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 0.056% in total (about 6.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TAO-USDT316.220.0100pay 0.0050% / 4h3h 09m$1K$1.9M20x
ShortNado TAO-PERP316.330.0759get 0.0095% / 1h9m 21s$876K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against SunX. 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
$138.35
Price spread: +0.036% → −0.013%
$4.9
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$128.25
Costs to cover
0.150%
Break-even
0.5 days
Slippage unknown: SunX: live order book, 6 min ago; Nado: live order book, 4 min ago. 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 SunX live order book, 6 min ago500.19 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 4 min ago0.63 bp6.4 bp −$617.4 bp −$174doesn't fitdoesn't fit

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
Bulk TAO-USD−0.1821%1h318.67+0.774%$169K$40K10xas long as short
dYdX TAO-USD0.0000%1h315.65−0.180%$126K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h315.83−0.123%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h316.37+0.047%$42K$598K20xas long as short
Binance TAOUSDT+0.0100%4h316.01−0.066%$90.6M$450.1M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.90−0.101%$25.7M$108.8M50xas long as short
Gate TAO_USDT+0.0100%4h315.90−0.101%$12.8M$51.2M50xas long as short
MEXC TAO_USDT+0.0100%4h316.28+0.019%$99.0M$136.5M300xas long as short
KuCoin TAOUSDTM+0.0100%4h316.28+0.019%$17.9M$29.3M75xas long as short
Bitget TAOUSDT+0.0100%4h315.99−0.073%$35.2M$51.4M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h316.43+0.065%$40K$293K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h316.09−0.040%$524K$958K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h315.92−0.095%$57K$316K10xas long as short
SunX TAO-USDTlong+0.0100%4h316.22long leg$1K$1.9M20x
HTX TAO-USDT+0.0100%4h316.77+0.174%$127K$422K20xas long as short
Bullet TAO-USD+0.0102%1h316.22+0.002%$12K$17K20xas long as short
Aevo TAO-PERP+0.0104%1h316.68+0.144%$174K$9983xas long as short
Katana Perps TAO-USD+0.0119%8h316.36+0.044%$1K$643K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0172% / S +0.0101%1h316.17−0.017%$449K100xas long as short
Pacifica TAO+0.0185%1h315.97−0.080%$374K$376K10xas long as short
ApeX Omni TAOUSDT+0.0185%1h316.14−0.025%$48K$267K50xas long as short
Arcus TAO-USD+0.0201%1h316.52+0.095%$84K$550K5xas long as short
Aster TAOUSDT+0.0204%4h316.15−0.022%$1.2M$8.8M50xas long as short
Phemex TAOUSDT+0.0224%4h316.39+0.054%$3.4M$7.8M50xas long as short
Paradex TAO-USD-PERP+0.0235%8h315.99−0.073%$14K$1K10xas long as short
Polymarket Perps TAO-USD+0.0272%1h316.47+0.079%$93K$633K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0285%1h316.30+0.027%$17K$1.5M25xas long as short
BloFin TAO-USDT+0.0340%4h316.66+0.139%$4.5M$10.8M100xas long as short
Kraken Futures PF_TAOUSD+0.0485%1h316.31+0.028%$5.7M$20.3M50xas long as short
Phoenix TAO+0.0525%1h316.60+0.120%$331K$624K5xas long as short
Variational Omni TAO+0.0546%4h316.94+0.229%$5.5M$8.7Mas long as short
01 Exchange TAOUSD+0.0560%1h316.46+0.076%$3K$4K5xas long as short
Injective TAO/USDC PERP+0.0571%1h317.77+0.490%$23K$80212xas long as short
BingX TAO-USDT+0.0628%4h316.20−0.006%$30.5Mas long as short
Reya TAORUSDPERP+0.0696%1h316.16−0.019%$36420xas long as short
Bybit TAOUSDT+0.0738%4h316.23+0.003%$65.1M$133.4M50xas long as short
Nado TAO-PERPshort+0.0759%1h316.33+0.036%$876K$2.0M10x
Backpack TAO_USDC_PERP+0.0806%1h316.27+0.016%$320K$816K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h317.71+0.471%$1.5M$6.4M50xas long as short
Extended TAO-USD+0.1120%1h316.26+0.013%$886K$2.3M25xas long as short
RISEx TAO/USDC+0.1141%1h316.40+0.058%$420K$593K5xas long as short
Lighter TAO+0.1424%1h316.58+0.115%$1.7M$6.1M5xas long as short
Hyperliquid TAO+0.1819%1h316.58+0.114%$101.3M$91.5M5xas long as short