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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0321%/8h= +35.2% APRpaid last 24h +0.074%
Price spread now: Nado against MEXC−0.018%51s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.091%+$9 on $10k
Price spread, last 7 days+0.018%+$2 · spread now −0.018%, 7d avg +0.019%
Together, before fees+0.109%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.037% cheaper against MEXC than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.019%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$10 a day). At the pace of the last 4 days (+0.091% in total) that is about 34 hours. The two prices were read 51 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 4 days it paid 0.091% in total (about 9.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TAO_USDT316.370.0166pay 0.0083% / 4h34m 33s$99.8M$151.5M300x
ShortNado TAO-PERP316.310.0487get 0.0061% / 1h34m 33s$786K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against MEXC. 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
$67.42
Price spread: −0.018% → +0.019%
−$3.71
Slippage, 4 orders
−$14.02
Fee MEXC: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$42.69
Costs to cover
0.210%
Break-even
2.6 days
Slippage from MEXC: live order book, 5 min ago; Nado: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago0.79 bp1.8 bp −$24.1 bp −$4121.9 bp −$2,19372.6 bp −$36.3K
Sell Nado live order book, 4 min ago2.05 bp8.7 bp −$919.4 bp −$194doesn'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
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h316.12−0.079%$22K150xas long as short
dYdX TAO-USD+0.0036%1h316.04−0.105%$126K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h317.13+0.240%$44K$712K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.20+0.262%$26.4M$130.5M50xas long as short
Gate TAO_USDT+0.0100%4h316.30−0.022%$14.4M$51.4M50xas long as short
KuCoin TAOUSDTM+0.0100%4h316.34−0.009%$17.7M$32.4M75xas long as short
Bitget TAOUSDT+0.0100%4h316.62+0.079%$35.6M$58.0M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h316.70+0.104%$46K$260K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h316.30−0.022%$87K$1.2M5xas long as short
SunX TAO-USDT+0.0100%4h316.20−0.054%$1K$2.0M20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TAO-USDT+0.0100%4h315.86−0.161%$115K$604K20xas long as short
Katana Perps TAO-USD+0.0107%8h316.90+0.168%$2K$1.1M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0107% / S +0.0136%1h316.16−0.067%$403K100xas long as short
Aevo TAO-PERP+0.0128%1h316.50+0.041%$174K$9983xas long as short
Orderly PERP_TAO_USDC+0.0150%4h316.30−0.022%$52K$294K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0165%1h316.29−0.025%$15K$1.9M25xas long as short
MEXC TAO_USDTlong+0.0166%4h316.37long leg$99.8M$151.5M300x
Binance TAOUSDT+0.0167%4h317.04+0.210%$91.8M$530.7M75xas long as short
edgeX TAOUSDC+0.0179%4h316.75+0.119%$42K$319K10xas long as short
Paradex TAO-USD-PERP+0.0234%8h316.47+0.032%$14K$1K10xas long as short
Bullet TAO-USD+0.0261%1h316.46+0.028%$12K$17K20xas long as short
Bybit TAOUSDT+0.0264%4h317.18+0.256%$69.4M$156.7M50xas long as short
BingX TAO-USDT+0.0280%4h316.40+0.009%$37.0Mas long as short
Pacifica TAO+0.0313%1h316.39+0.007%$371K$452K10xas long as short
Bulk TAO-USD+0.0317%1h319.23+0.904%$170K$010xas long as short
GRVT TAO_USDT_Perp+0.0318%4h317.09+0.228%$541K$918K10xas long as short
Extended TAO-USD+0.0320%1h316.93+0.176%$903K$2.4M25xas long as short
Aster TAOUSDT+0.0323%4h317.03+0.207%$1.3M$11.0M50xas long as short
BloFin TAO-USDT+0.0407%4h316.79+0.133%$4.7M$10.9M100xas long as short
Arcus TAO-USD+0.0473%1h317.04+0.212%$100K$384K5xas long as short
Nado TAO-PERPshort+0.0487%1h316.31−0.018%$786K$2.0M10x
Phemex TAOUSDT+0.0495%4h316.60+0.073%$3.2M$8.2M50xas long as short
Lighter TAO+0.0504%1h316.59+0.070%$1.6M$6.9M5xas long as short
Variational Omni TAO+0.0534%4h316.88+0.162%$5.5M$10.2Mas long as short
Phoenix TAO+0.0629%1h317.20+0.262%$316K$703K5xas long as short
Backpack TAO_USDC_PERP+0.0669%1h316.85+0.152%$292K$906K10xas long as short
01 Exchange TAOUSD+0.0672%1h317.35+0.310%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0698%1h316.35−0.006%$36420xas long as short
Hyperliquid TAO+0.0734%1h316.54+0.054%$93.6M$110.1M5xas long as short
RISEx TAO/USDC+0.0831%1h317.00+0.199%$444K$673K5xas long as short
Kraken Futures PF_TAOUSD+0.0837%1h316.64+0.084%$5.9M$21.6M50xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h317.20+0.262%$1.4M$6.9M50xas long as short
Injective TAO/USDC PERP+0.4513%1h322.94+2.077%$23K$2K12xas long as short