Funding you earn now, next payment 23:00 UTC+0.0354%/8h= +38.7% APRnext payment +$0.44 per $10,000 · paid last 24h +0.041%
Price spread now: Nado against Aevo+0.025%7-day average −0.036% · 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−$130as in the Price arb table
costs, in and out, $10k−$1361.364% of the position
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 3 days (all we have)−0.126%−$13 · spread now +0.025%, 7d avg −0.036%
=Together, before fees−0.076%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Nado is 0.061% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.036%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.050% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.44 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 | Aevo TAO-PERP | 303.63 | 0.0104 | pay 0.0013% / 1h | 45m 42s | $167K | $998 | 3x |
| Short | Nado TAO-PERP | 303.70 | 0.0458 | get 0.0057% / 1h | 45m 42s | $827K | $1.9M | 10x |
Aevo TAO-PERP
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aevo. 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
- $74.26
- Price spread: +0.025% → −0.036%
- $6.08
- Slippage, 4 orders
- −$113.43
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$56.08
- Costs to cover
- 1.364%
- Break-even
- 12.3 days
Slippage from Aevo: live order book, 38 min ago; Nado: live order book, 3 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 Aevo live order book, 38 min ago | 41.20 bp | 60.8 bp −$61 | 333.3 bp −$3,333 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 1.98 bp | 9.2 bp −$9 | 18.8 bp −$188 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0466% | 1h | 307.38 | +1.236% | $202K | $17K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 303.51 | −0.040% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 303.52 | −0.035% | $26K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 303.94 | +0.103% | $43K | $534K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 303.59 | −0.012% | $85.0M | $410.2M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 303.49 | −0.045% | $58.8M | $120.6M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 303.20 | −0.141% | $24.4M | $94.4M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 303.87 | +0.080% | $79K | $642K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 303.70 | +0.024% | $12.1M | $48.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 303.27 | −0.118% | $120.5M | $124.1M | 300x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 303.42 | −0.068% | $18.2M | $26.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 303.92 | +0.096% | $34.0M | $45.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 303.86 | +0.077% | — | $30.4M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 305.07 | +0.475% | $3.6M | $6.6M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 304.88 | +0.414% | $39K | $278K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 304.81 | +0.390% | $504K | $977K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 304.02 | +0.129% | $77K | $607K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 304.05 | +0.140% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 303.80 | +0.057% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 303.94 | +0.103% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 303.83 | +0.067% | $120K | $356K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 303.84 | +0.070% | $3.2M | $7.8M | 50x | as long as short |
| Aevo TAO-PERPlong | +0.0104% | 1h | 303.63 | long leg | $167K | $998 | 3x | |
| ApeX Omni TAOUSDT | +0.0106% | 1h | 303.70 | +0.024% | $46K | $269K | 50x | as long as short |
| Aster TAOUSDT | +0.0108% | 4h | 303.73 | +0.033% | $1.1M | $7.7M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0112% | 8h | 304.03 | +0.133% | $2K | $486K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0153% | 8h | 303.36 | −0.088% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0164% | 1h | 303.66 | +0.012% | $359K | $370K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 303.71 | +0.026% | $434K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 303.45 | −0.058% | $4.3M | $9.3M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0346% | 1h | 303.74 | +0.038% | $20K | $1.4M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0381% | 1h | 303.78 | +0.050% | $376K | $756K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0392% | 1h | 304.21 | +0.192% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0408% | 1h | 304.20 | +0.190% | $1.6M | $5.2M | 5x | as long as short |
| Nado TAO-PERPshort | +0.0458% | 1h | 303.70 | +0.025% | $827K | $1.9M | 10x | |
| Phoenix TAO | +0.0521% | 1h | 303.90 | +0.090% | $322K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 303.96 | +0.109% | $350 | — | 20x | as long as short |
| Extended TAO-USD | +0.0832% | 1h | 303.81 | +0.060% | $835K | $2.0M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 305.27 | +0.541% | $1.5M | $5.6M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1040% | 1h | 303.74 | +0.037% | $5.8M | $19.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 304.30 | +0.222% | $410K | $545K | 5x | as long as short |
| Hyperliquid TAO | +0.1288% | 1h | 304.23 | +0.198% | $92.8M | $79.8M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +1.681% | $22K | $264 | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
ApeX Omni TAOUSDT
Aster TAOUSDT
Katana Perps TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Lighter TAO
Phoenix TAO
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP