Funding you earn now, next payment 03:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h −0.063%
Price spread now: KuCoin against Nado+0.072%7-day average +0.003% · 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−$46as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 3 days (all we have)−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−1.307%−$131 · spread now +0.072%, 7d avg +0.003%
=Together, before fees−1.373%+ Points / potential airdropNado: Active · farm board−$137 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.069% dearer against Nado than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.003%): +$7 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 3 days (−0.066% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.066% in total (about -7.3% 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 | Nado TAO-PERP | 315.37 | 0.0612 | pay 0.0077% / 1h | 50m 28s | $760K | $2.1M | 10x |
| Short | KuCoin TAOUSDTM | 315.60 | 0.0100 | get 0.0050% / 4h | 1h 50m | $18.1M | $30.6M | 75x |
Nado TAO-PERP
KuCoin TAOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$107.55
- Price spread: +0.072% → +0.003%
- $6.94
- Slippage, 4 orders
- −$34.25
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$153.86
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago | 2.20 bp | 8.6 bp −$9 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.99 bp | 19.1 bp −$19 | 26.7 bp −$267 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.2257% | 1h | 317.17 | +0.570% | $168K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.49 | +0.355% | $127K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 317.22 | +0.585% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.34 | −0.010% | $45K | $645K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 315.34 | −0.010% | $91.2M | $468.1M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.30 | −0.023% | $26.0M | $114.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.40 | +0.009% | $12.9M | $49.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 315.39 | +0.006% | $104.3M | $137.8M | 300x | as long as short |
| KuCoin TAOUSDTMshort | +0.0100% | 4h | 315.60 | +0.072% | $18.1M | $30.6M | 75x | |
| Bitget TAOUSDT | +0.0100% | 4h | 315.05 | −0.102% | $35.2M | $53.5M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
Bitget TAOUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 317.85 | +0.787% | $36K | $301K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 315.20 | −0.055% | $77K | $756K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 317.63 | +0.716% | $58K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 317.29 | +0.608% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.80 | +0.770% | $130K | $474K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.64 | +0.719% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.86 | +0.788% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0112% | 8h | 315.41 | +0.012% | $670 | $743K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0164% / S +0.0104% | 1h | 317.19 | +0.577% | $431K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0216% | 4h | 318.53 | +1.001% | $530K | $946K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0247% | 1h | 317.70 | +0.737% | $5.6M | $20.5M | 50x | as long as short |
| Aster TAOUSDT | +0.0300% | 4h | 317.09 | +0.546% | $1.2M | $9.3M | 50x | as long as short |
| Bullet TAO-USD | +0.0314% | 1h | 315.40 | +0.007% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0345% | 8h | 316.90 | +0.483% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 316.42 | +0.333% | $374K | $393K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0473% | 1h | 317.85 | +0.786% | $48K | $253K | 50x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 317.80 | +0.770% | $333K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 315.61 | +0.075% | $99K | $489K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0534% | 1h | 317.60 | +0.708% | $14K | $1.6M | 25x | as long as short |
| Nado TAO-PERPlong | +0.0612% | 1h | 315.37 | long leg | $760K | $2.1M | 10x | |
| Reya TAORUSDPERP | +0.0696% | 1h | 315.27 | −0.034% | $363 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0700% | 4h | 315.42 | +0.015% | — | $30.3M | — | as long as short |
| Bybit TAOUSDT | +0.0726% | 4h | 315.43 | +0.018% | $67.0M | $139.0M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 315.44 | +0.021% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0881% | 4h | 317.62 | +0.714% | $6.0M | $9.6M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0909% | 1h | 317.67 | +0.729% | $321K | $802K | 10x | as long as short |
| Extended TAO-USD | +0.0936% | 1h | 315.37 | −0.001% | $896K | $2.3M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 319.77 | +1.394% | $1.5M | $6.5M | 50x | as long as short |
| Lighter TAO | +0.1128% | 1h | 317.14 | +0.561% | $1.6M | $6.1M | 5x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 315.20 | −0.054% | $446K | $626K | 5x | as long as short |
| Hyperliquid TAO | +0.1423% | 1h | 315.74 | +0.117% | $99.9M | $98.1M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 320.94 | +1.765% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Aster TAOUSDT
Bullet TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
ApeX Omni TAOUSDT
Phoenix TAO
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
BingX TAO-USDT
Bybit TAOUSDT
01 Exchange TAOUSD
Variational Omni TAO
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Lighter TAO
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP