Funding you earn now, next payment 06:00 UTC−0.0485%/8h= −53.1% APRnext payment −$0.61 per $10,000 · paid last 24h −0.020%
Price spread now: Nado against 01 Exchange−0.178%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Nado is 0.178% cheaper against 01 Exchange than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange TAOUSD | 313.49 | 0.0760 | pay 0.0095% / 1h | 26m 21s | $3K | $4K | 5x |
| Short | Nado TAO-PERP | 312.93 | 0.0275 | get 0.0034% / 1h | 26m 21s | $771K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against 01 Exchange. 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
- −$101.83
- Price spread: −0.178% → 0.000%
- −$17.78
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$133.61
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 2 min ago. Net counts fees only.
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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 2 min ago | 0.64 bp | 6.5 bp −$6 | 16.2 bp −$162 | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0004% | 1h | 312.54 | −0.304% | $20K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0046% | 1h | 312.85 | −0.204% | $125K | $85K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.87 | −0.198% | $89.8M | $508.1M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 312.80 | −0.220% | $26.2M | $121.9M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 313.47 | −0.006% | $167K | $333 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 312.60 | −0.284% | $13.9M | $51.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 313.05 | −0.140% | $107.3M | $145.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.93 | −0.179% | $17.3M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 312.63 | −0.274% | $35.2M | $57.0M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.21 | +0.231% | $42K | $314K | 10x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 312.86 | −0.201% | $89K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.70 | −0.252% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.24 | −0.399% | $113K | $554K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0103% | 8h | 313.03 | −0.147% | $641 | $923K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.96 | −0.169% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 312.76 | −0.233% | $52K | $290K | 10x | as long as short |
| Popdex TAOUSDT | +0.0128% | 1h | 313.09 | −0.128% | $51K | $668K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0129% / S +0.0140% | 1h | 312.56 | −0.298% | $419K | — | 100x | as long as short |
| Phemex TAOUSDT | +0.0201% | 4h | 312.75 | −0.236% | $3.1M | $8.0M | 50x | as long as short |
| Aster TAOUSDT | +0.0207% | 4h | 313.08 | −0.131% | $1.3M | $10.6M | 50x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 313.05 | −0.140% | $356K | $419K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0267% | 8h | 312.97 | −0.166% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERPshort | +0.0275% | 1h | 312.93 | −0.178% | $771K | $2.2M | 10x | |
| Kraken Futures PF_TAOUSD | +0.0304% | 1h | 313.05 | −0.140% | $5.9M | $21.4M | 50x | as long as short |
| Bullet TAO-USD | +0.0323% | 1h | 312.97 | −0.166% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.29 | −0.064% | $4.6M | $10.9M | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0348% | 4h | 314.02 | +0.168% | $533K | $923K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0400% | 1h | 314.32 | +0.265% | $44K | $256K | 50x | as long as short |
| Bybit TAOUSDT | +0.0420% | 4h | 312.86 | −0.201% | $68.0M | $152.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0430% | 4h | 312.91 | −0.185% | — | $33.7M | — | as long as short |
| Variational Omni TAO | +0.0449% | 4h | 314.04 | +0.174% | $5.5M | $10.1M | — | as long as short |
| Extended TAO-USD | +0.0472% | 1h | 312.78 | −0.227% | $896K | $2.4M | 25x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 313.39 | −0.032% | $101K | $345K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 314.20 | +0.226% | $313K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0592% | 1h | 312.77 | −0.229% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 313.03 | −0.147% | $360 | — | 20x | as long as short |
| 01 Exchange TAOUSDlong | +0.0760% | 1h | 313.49 | long leg | $3K | $4K | 5x | |
| Lighter TAO | +0.0768% | 1h | 313.13 | −0.114% | $1.5M | $6.6M | 5x | as long as short |
| Hyperliquid TAO | +0.0800% | 1h | 313.20 | −0.093% | $91.5M | $109.0M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0812% | 1h | 313.26 | −0.073% | $311K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 313.93 | +0.140% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 313.15 | −0.108% | $454K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 319.48 | +1.911% | $23K | $2K | 12x | as long as short |
01 Exchange TAOUSD
gTrade (Gains Network) TAO/USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Popdex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Phemex TAOUSDT
Aster TAOUSDT
Pacifica TAO
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
Variational Omni TAO
Extended TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Lighter TAO
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP