TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0777%/8h= +85.1% APRnext payment +$0.97 per $10,000 · paid last 24h +0.082%

Price spread now: RISEx against Nado+0.061%7-day average +0.023% · 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−$20as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on Nado Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.356%+$36 on $10k

Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.061%, 7d avg +0.023%

Together, before fees+0.213%+ Points / potential airdropNado: Active · farm board+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and RISEx is 0.038% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TAO-PERP	314.82	0.0214	pay 0.0027% / 1h	10m 43s	$800K	$2.2M	10x
Short	RISEx TAO/USDC	315.01	0.0991	get 0.0124% / 1h	10m 43s	$438K	$653K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee RISExbpOrdersPrice spread, now +0.061%Rate

Funding earned: $163.14
Price spread: +0.061% → +0.023%: $3.81
Slippage, 4 orders: −$11.05
Fee Nado: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $142.9
Costs to cover: 0.241%
Break-even: 0.9 days

Slippage from Nado: live order book, 3 min ago; RISEx: live order book, 48 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	0.63 bp	7.4 bp −$7	17.7 bp −$177	doesn't fit	doesn't fit
Sell RISEx live order book, 48 min ago	2.38 bp	5.6 bp −$6	31.9 bp −$319	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
dYdX TAO-USD	0.0000%	1h	314.30	−0.166%	$125K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	314.62	−0.066%	$20K	—	150x	as long as short
Kraken Futures PF_TAOUSD	+0.0056%	1h	314.43	−0.124%	$5.5M	$20.6M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	314.93	+0.034%	$43K	$668K	20x	as long as short
Katana Perps TAO-USD	+0.0098%	8h	314.76	−0.020%	$644	$799K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.48	−0.108%	$90.9M	$495.1M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	314.55	−0.087%	$67.8M	$149.0M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.60	−0.071%	$25.9M	$120.5M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.10	−0.229%	$12.9M	$50.2M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.40	−0.134%	$110.6M	$144.2M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	314.30	−0.166%	$17.7M	$31.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	314.16	−0.210%	$35.1M	$56.4M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	314.31	−0.163%	—	$32.8M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	315.09	+0.084%	$42K	$313K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	314.71	−0.037%	$521K	$956K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	315.38	+0.177%	$46K	$255K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	314.76	−0.020%	$77K	$860K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	314.91	+0.028%	$12K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	314.85	+0.009%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.14	−0.217%	$110K	$535K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	314.36	−0.147%	$3.2M	$8.1M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	314.68	−0.045%	$167K	$2K	10x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.66	−0.050%	$173K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0132%	4h	314.61	−0.067%	$52K	$271K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0145% / S +0.0122%	1h	314.59	−0.073%	$427K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0155%	8h	315.01	+0.059%	$14K	$1K	10x	as long as short
Aster TAOUSDT	+0.0171%	4h	314.42	−0.129%	$1.2M	$10.4M	50x	as long as short
Extended TAO-USD	+0.0200%	1h	314.32	−0.158%	$923K	$2.4M	25x	as long as short
Nado TAO-PERPlong	+0.0214%	1h	314.82	long leg	$800K	$2.2M	10x
Hyperliquid TAO	+0.0273%	1h	314.53	−0.094%	$92.5M	$106.6M	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0320%	1h	314.66	−0.051%	$23K	$1.7M	25x	as long as short
01 Exchange TAOUSD	+0.0328%	1h	315.07	+0.079%	$3K	$4K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.51	−0.099%	$4.6M	$10.9M	100x	as long as short
Arcus TAO-USD	+0.0345%	1h	315.25	+0.136%	$99K	$438K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0347%	1h	314.56	−0.083%	$315K	$913K	10x	as long as short
Lighter TAO	+0.0360%	1h	314.69	−0.042%	$1.5M	$6.5M	5x	as long as short
Pacifica TAO	+0.0365%	1h	315.16	+0.108%	$360K	$412K	10x	as long as short
Variational Omni TAO	+0.0450%	4h	315.00	+0.055%	$5.7M	$9.9M	—	as long as short
Phoenix TAO	+0.0581%	1h	315.10	+0.088%	$314K	$697K	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	314.75	−0.023%	$362	—	20x	as long as short
RISEx TAO/USDCshort	+0.0991%	1h	315.01	+0.061%	$438K	$653K	5x
Coinbase International TAO-PERP-INTX	+0.1008%	1h	315.30	+0.152%	$1.5M	$6.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4222%	1h	318.19	+1.070%	$23K	$2K	12x	as long as short