Funding you earn now, next payment 09:00 UTC−0.0323%/8h= −35.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.073%
Price spread now: Aevo against Nado+0.137%7-day average +0.050% · 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−$181as in the Price arb table
costs, in and out, $10k−$1891.894% of the position
Funding, last 4 days (all we have)−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.137%, 7d avg +0.050%
=Together, before fees−0.039%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.087% dearer against Nado than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.050%): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 4 days (−0.090% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.090% in total (about -9.3% 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 | Nado TAO-PERP | 319.17 | 0.0443 | pay 0.0055% / 1h | 21m 27s | $773K | $2.0M | 10x |
| Short | Aevo TAO-PERP | 319.61 | 0.0120 | get 0.0015% / 1h | 21m 27s | $176K | $998 | 3x |
Nado TAO-PERP
Aevo TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Nado. 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
- −$67.93
- Price spread: +0.137% → +0.050%
- $8.73
- Slippage, 4 orders
- −$166.42
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$248.62
- Costs to cover
- 1.894%
- Break-even
- never at this rate
Slippage from Nado: live order book, 2 min ago; Aevo: live order book, 8 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 Nado live order book, 2 min ago | 0.16 bp | 7.5 bp −$7 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 8 min ago | 52.50 bp | 79.4 bp −$79 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 318.70 | −0.149% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.27 | +0.031% | $49K | $699K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 319.77 | +0.187% | $69.9M | $155.4M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.60 | +0.134% | $26.5M | $131.1M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 315.14 | −1.263% | $167K | $0 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.10 | −0.023% | $15.2M | $50.1M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.19 | +0.005% | $17.6M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.06 | −0.035% | $36.0M | $57.1M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.85 | −0.101% | $88K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.90 | −0.085% | $1K | $1.9M | 20x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 318.91 | −0.082% | $116K | $574K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.07 | −0.032% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0105% | 8h | 319.03 | −0.045% | $2K | $1.2M | 5x | as long as short |
| Aevo TAO-PERPshort | +0.0120% | 1h | 319.61 | +0.137% | $176K | $998 | 3x | |
| BingX TAO-USDT | +0.0140% | 4h | 319.29 | +0.037% | — | $38.8M | — | as long as short |
| edgeX TAOUSDC | +0.0141% | 4h | 318.39 | −0.245% | $42K | $321K | 10x | as long as short |
| MEXC TAO_USDT | +0.0152% | 4h | 319.30 | +0.040% | $108.4M | $153.2M | 300x | as long as short |
| Binance TAOUSDT | +0.0161% | 4h | 319.46 | +0.090% | $93.0M | $523.6M | 75x | as long as short |
| Orderly PERP_TAO_USDC | +0.0231% | 4h | 319.65 | +0.150% | $54K | $293K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0242% | 8h | 319.32 | +0.046% | $14K | $876 | 10x | as long as short |
| dYdX TAO-USD | +0.0271% | 1h | 318.81 | −0.113% | $128K | $88K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0282% | 1h | 318.62 | −0.173% | $45K | $257K | 50x | as long as short |
| Bullet TAO-USD | +0.0288% | 1h | 319.43 | +0.081% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0327% | 4h | 319.13 | −0.013% | $1.2M | $11.2M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0332% | 4h | 317.64 | −0.480% | $538K | $838K | 10x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 319.27 | +0.031% | $368K | $445K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0363% / S −0.0107% | 1h | 318.23 | −0.295% | $374K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0381% | 4h | 319.21 | +0.012% | $4.8M | $10.9M | 100x | as long as short |
| Extended TAO-USD | +0.0384% | 1h | 319.24 | +0.022% | $898K | $2.3M | 25x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 319.44 | +0.084% | $101K | $360K | 5x | as long as short |
| Nado TAO-PERPlong | +0.0443% | 1h | 319.17 | long leg | $773K | $2.0M | 10x | |
| Hyperliquid TAO | +0.0555% | 1h | 319.56 | +0.121% | $94.8M | $109.0M | 5x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 319.20 | +0.009% | $321K | $714K | 5x | as long as short |
| Variational Omni TAO | +0.0597% | 4h | 313.84 | −1.670% | $5.5M | $10.1M | — | as long as short |
| 01 Exchange TAOUSD | +0.0616% | 1h | 319.80 | +0.197% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0680% | 1h | 319.27 | +0.031% | $1.6M | $6.7M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0681% | 1h | 319.09 | −0.025% | $9K | $1.9M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 319.19 | +0.006% | $367 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0730% | 1h | 319.64 | +0.146% | $315K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0780% | 1h | 319.15 | −0.007% | $6.1M | $21.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 318.31 | −0.269% | $453K | $706K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 318.62 | −0.173% | $1.1M | $7.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 317.77 | −0.439% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
BingX TAO-USDT
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Orderly PERP_TAO_USDC
Paradex TAO-USD-PERP
dYdX TAO-USD
ApeX Omni TAOUSDT
Bullet TAO-USD
Aster TAOUSDT
GRVT TAO_USDT_Perp
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Extended TAO-USD
Arcus TAO-USD
Hyperliquid TAO
Phoenix TAO
Variational Omni TAO
01 Exchange TAOUSD
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP