Funding you earn now, next payment 02:00 UTC−0.0310%/8h= −33.9% APRpaid last 24h +0.050%
Price spread now: Nado against Variational Omni+0.040%7-day average −0.067% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.409%−$41 · spread now +0.040%, 7d avg −0.067%
=Together, before fees−0.350%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.107% dearer against Variational Omni than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.067%): +$11 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 3 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.059% in total (about 6.6% 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 | Variational Omni TAO | 315.55 | 0.0822 | pay 0.0411% / 4h | 2h 24m | $5.5M | $8.9M | — |
| Short | Nado TAO-PERP | 315.68 | 0.0512 | get 0.0064% / 1h | 24m 56s | $781K | $2.1M | 10x |
Variational Omni TAO
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Variational Omni. 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
- −$65.07
- Price spread: +0.040% → −0.067%
- $10.71
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$61.36
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 4 min ago | 2.88 bp | doesn't fit | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Nado live order book, 4 min ago | 1.12 bp | 8.2 bp −$8 | 19.9 bp −$199 | doesn't fit | doesn't fit |
TAO on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 314.17 | −0.438% | $126K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.33 | −0.070% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.67 | +0.037% | $39K | $626K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.84 | −0.226% | $90.2M | $465.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.80 | −0.239% | $26.0M | $112.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.40 | −0.365% | $12.8M | $50.2M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.74 | −0.258% | $109.3M | $138.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.53 | −0.324% | $18.0M | $30.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.59 | −0.305% | $35.1M | $53.4M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.28 | −0.403% | $35K | $298K | 10x | as long as short |
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 TAOUSDT
edgeX TAOUSDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TAOUSDT | +0.0100% | 1h | 313.06 | −0.790% | $47K | $256K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 315.55 | −0.001% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.45 | −0.033% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.45 | −0.350% | $129K | $472K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.84 | −0.226% | $3.4M | $8.0M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.54 | −0.006% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 315.49 | −0.020% | $1K | $700K | 5x | as long as short |
| GRVT TAO_USDT_Perp | +0.0136% | 4h | 314.59 | −0.307% | $518K | $966K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0143% | 1h | 315.87 | +0.100% | $82K | $679K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0168% | 1h | 314.95 | −0.191% | $5.6M | $20.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0169% / S +0.0091% | 1h | 315.46 | −0.029% | $441K | — | 100x | as long as short |
| Bullet TAO-USD | +0.0229% | 1h | 315.85 | +0.094% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0238% | 4h | 314.80 | −0.240% | $1.3M | $9.4M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0284% | 1h | 315.10 | −0.142% | $24K | $1.5M | 25x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 314.77 | −0.247% | $370K | $381K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0336% | 8h | 314.80 | −0.238% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 315.23 | −0.102% | $99K | $529K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 312.28 | −1.037% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERPshort | +0.0512% | 1h | 315.68 | +0.040% | $781K | $2.1M | 10x | |
| Phoenix TAO | +0.0588% | 1h | 312.30 | −1.031% | $326K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0648% | 1h | 315.43 | −0.039% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 315.98 | +0.134% | $363 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0760% | 4h | 314.80 | −0.239% | — | $31.0M | — | as long as short |
| Variational Omni TAOlong | +0.0822% | 4h | 315.55 | long leg | $5.5M | $8.9M | — | |
| Bybit TAOUSDT | +0.0826% | 4h | 315.06 | −0.156% | $66.1M | $137.8M | 50x | as long as short |
| Extended TAO-USD | +0.0896% | 1h | 314.74 | −0.257% | $903K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0911% | 1h | 314.61 | −0.299% | $318K | $814K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 316.20 | +0.205% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 315.08 | −0.151% | $450K | $631K | 5x | as long as short |
| Hyperliquid TAO | +0.1245% | 1h | 315.00 | −0.175% | $99.6M | $94.9M | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 315.70 | +0.045% | $1.6M | $6.1M | 5x | as long as short |
| Bulk TAO-USD | +0.2752% | 1h | 308.95 | −2.094% | $164K | $40K | 10x | as long as short |
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Bullet TAO-USD
Aster TAOUSDT
Deribit TAO_USDC-PERPETUAL
Pacifica TAO
Paradex TAO-USD-PERP
Arcus TAO-USD
Injective TAO/USDC PERP
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Bybit TAOUSDT
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD