Funding you earn now, next payment 00:00 UTC+0.0322%/8h= +35.3% APRnext payment +$0.40 per $10,000 · paid last 24h +0.045%
Price spread now: Nado against Arcus−0.057%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.445% of the position
Funding, last 3 days (all we have)+0.047%+$5 on $10k
+Price spread, last 3 days (all we have)+0.240%+$24 · spread now −0.057%, 7d avg −0.064%
=Together, before fees+0.287%+ Points / potential airdropNado: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.047% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 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 | Arcus TAO-USD | 313.44 | 0.0186 | pay 0.0023% / 1h | 39m 12s | $83K | $626K | 5x |
| Short | Nado TAO-PERP | 313.26 | 0.0509 | get 0.0064% / 1h | 39m 12s | $830K | $2.0M | 10x |
Arcus TAO-USD
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Arcus. 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
- $67.71
- Price spread: −0.057% → −0.064%
- $0.74
- Slippage, 4 orders
- −$33.04
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $23.91
- Costs to cover
- 0.445%
- Break-even
- 4.5 days
Slippage from Arcus: live order book, 40 min ago; Nado: live order book, 5 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 Arcus live order book, 40 min ago | 3.43 bp | 12.8 bp −$13 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 2.56 bp | 9.1 bp −$9 | 17.8 bp −$178 | 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 | −0.4478% | 1h | 313.97 | +0.169% | $168K | $48K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 312.64 | −0.255% | $125K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.85 | −0.190% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 314.39 | +0.303% | $23K | $260 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.25 | −0.061% | $41K | $552K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 313.17 | −0.086% | $371K | $369K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.16 | −0.090% | $88.6M | $425.2M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 313.33 | −0.035% | $61.4M | $124.0M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.10 | −0.108% | $25.1M | $100.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 312.90 | −0.172% | $12.7M | $49.3M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 313.06 | −0.121% | $120.4M | $127.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.08 | −0.115% | $19.0M | $27.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 312.77 | −0.214% | $34.9M | $46.5M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 313.10 | −0.108% | — | $30.2M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.40 | −0.331% | $40K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 312.53 | −0.290% | $526K | $948K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 312.93 | −0.163% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.85 | −0.188% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.08 | −0.115% | $128K | $395K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 312.83 | −0.195% | $3.3M | $7.9M | 50x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 313.14 | −0.096% | $11K | $17K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.14 | −0.096% | $172K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 313.28 | −0.051% | $2K | $541K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0116% | 1h | 313.26 | −0.057% | $77K | $520K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0118% | 1h | 312.28 | −0.370% | $47K | $270K | 50x | as long as short |
| Arcus TAO-USDlong | +0.0186% | 1h | 313.44 | long leg | $83K | $626K | 5x | |
| Paradex TAO-USD-PERP | +0.0187% | 8h | 313.06 | −0.120% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0194% | 4h | 312.41 | −0.330% | $3.9M | $7.0M | — | as long as short |
| Aster TAOUSDT | +0.0198% | 4h | 313.03 | −0.131% | $1.1M | $7.9M | 50x | as long as short |
| BloFin TAO-USDT | +0.0347% | 4h | 313.20 | −0.077% | $4.4M | $10.2M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0405% | 1h | 312.99 | −0.142% | $19K | $1.4M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0449% | 1h | 312.92 | −0.165% | $5.8M | $19.9M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0476% / S −0.0175% | 1h | 312.80 | −0.203% | $449K | — | 100x | as long as short |
| Nado TAO-PERPshort | +0.0509% | 1h | 313.26 | −0.057% | $830K | $2.0M | 10x | |
| Backpack TAO_USDC_PERP | +0.0537% | 1h | 312.70 | −0.236% | $300K | $799K | 10x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 312.80 | −0.204% | $327K | $521K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 313.02 | −0.134% | $360 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0720% | 1h | 313.50 | +0.019% | $3K | $4K | 5x | as long as short |
| Extended TAO-USD | +0.0872% | 1h | 312.94 | −0.159% | $863K | $2.1M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 314.64 | +0.383% | $1.5M | $5.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 313.46 | +0.008% | $432K | $548K | 5x | as long as short |
| Lighter TAO | +0.1352% | 1h | 313.47 | +0.009% | $1.6M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.1893% | 1h | 313.59 | +0.048% | $97.6M | $83.2M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
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
Polymarket Perps TAO-USD
ApeX Omni TAOUSDT
Paradex TAO-USD-PERP
Variational Omni TAO
Aster TAOUSDT
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Backpack TAO_USDC_PERP
Phoenix TAO
Reya TAORUSDPERP
01 Exchange TAOUSD
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO