Funding you earn now, next payment 00:00 UTC+0.0419%/8h= +45.9% APRpaid last 24h +0.045%
Price spread now: Nado against BingX+0.049%53s7-day average +0.012% · 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—prices read too far apart to compare
costs, in and out, $10k−$270.272% of the position
Funding, last 3 days (all we have)+0.056%+$6 on $10k
+Price spread, last 3 days (all we have)+0.122%+$12 · spread now +0.049%, 7d avg +0.012%
=Together, before fees+0.178%+ Points / potential airdropNado: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Nado is 0.036% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 53 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 6.4% 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 | BingX TAO-USDT | 313.19 | 0.0100 | pay 0.0050% / 4h | 43m 48s | — | $30.2M | — |
| Short | Nado TAO-PERP | 313.34 | 0.0519 | get 0.0065% / 1h | 43m 48s | $834K | $2.0M | 10x |
BingX TAO-USDT
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. 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
- $87.95
- Price spread: +0.049% → +0.012%
- $3.63
- Slippage, 4 orders
- −$10.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $64.35
- Costs to cover
- 0.272%
- Break-even
- 1.9 days
Slippage from BingX: live order book, 10 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 BingX live order book, 10 min ago | 0.48 bp | 5.6 bp −$6 | 12.6 bp −$126 | 34.8 bp −$3,479 | 135.0 bp −$67.5K |
| Sell Nado live order book, 5 min ago | 1.12 bp | 7.8 bp −$8 | 20.4 bp −$204 | 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 | −0.4722% | 1h | 314.01 | +0.262% | $168K | $48K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 313.08 | −0.035% | $125K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.65 | −0.174% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 314.39 | +0.383% | $23K | $260 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.94 | +0.239% | $40K | $550K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 313.23 | +0.013% | $371K | $372K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.21 | +0.007% | $88.6M | $424.3M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 313.37 | +0.057% | $61.4M | $123.8M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.10 | −0.029% | $25.1M | $100.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 312.80 | −0.125% | $12.7M | $49.2M | 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 | 313.33 | +0.045% | $119.9M | $127.4M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.91 | −0.089% | $19.0M | $27.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 312.96 | −0.073% | $34.9M | $46.4M | 50x | as long as short |
| BingX TAO-USDTlong | +0.0100% | 4h | 313.19 | long leg | — | $30.2M | — | |
| edgeX TAOUSDC | +0.0100% | 4h | 313.65 | +0.146% | $41K | $280K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.17 | +0.314% | $519K | $950K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 313.13 | −0.019% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.83 | −0.115% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.00 | −0.061% | $128K | $394K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 312.94 | −0.080% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.16 | −0.008% | $172K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 313.74 | +0.176% | $830 | $539K | 5x | as long as short |
| Bullet TAO-USD | +0.0154% | 1h | 313.11 | −0.026% | $11K | $17K | 20x | as long as short |
| Polymarket Perps TAO-USD | +0.0157% | 1h | 314.03 | +0.268% | $77K | $521K | 5x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 313.43 | +0.077% | $83K | $626K | 5x | as long as short |
| Variational Omni TAO | +0.0188% | 4h | 313.49 | +0.094% | $3.9M | $7.0M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0189% | 8h | 313.13 | −0.018% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0208% | 4h | 313.07 | −0.038% | $1.1M | $7.9M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0212% | 1h | 314.14 | +0.303% | $47K | $270K | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.23 | −0.307% | $4.3M | $9.8M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0353% | 1h | 313.11 | −0.025% | $19K | $1.4M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0449% | 1h | 313.17 | −0.008% | $5.8M | $19.8M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0475% / S −0.0175% | 1h | 312.76 | −0.138% | $449K | — | 100x | as long as short |
| Nado TAO-PERPshort | +0.0519% | 1h | 313.34 | +0.049% | $834K | $2.0M | 10x | |
| Phoenix TAO | +0.0537% | 1h | 312.60 | −0.188% | $327K | $521K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0586% | 1h | 312.70 | −0.156% | $300K | $799K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 313.16 | −0.011% | $360 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0808% | 1h | 314.11 | +0.294% | $3K | $4K | 5x | as long as short |
| Extended TAO-USD | +0.0880% | 1h | 313.12 | −0.022% | $864K | $2.1M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 313.29 | +0.032% | $1.5M | $5.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 313.89 | +0.223% | $432K | $536K | 5x | as long as short |
| Lighter TAO | +0.1432% | 1h | 313.61 | +0.133% | $1.6M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.2075% | 1h | 313.50 | +0.099% | $97.6M | $83.2M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Bullet TAO-USD
Polymarket Perps TAO-USD
Arcus TAO-USD
Variational Omni TAO
Paradex TAO-USD-PERP
Aster TAOUSDT
ApeX Omni TAOUSDT
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Phoenix TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
01 Exchange TAOUSD
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO