Funding you earn now, next payment 00:00 UTC+0.0483%/8h= +52.9% APRnext payment +$0.60 per $10,000 · paid last 24h +0.018%
Price spread now: Nado against dYdX+0.333%7-day average +0.047% · 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−$73as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 3 days (all we have)−0.106%−$11 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.333%, 7d avg +0.047%
=Together, before fees−0.132%+ Points / potential airdropNado: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Nado is 0.285% dearer against dYdX than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.047%. Mind the row above: over the last 3 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.106% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.60 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 | dYdX TAO-USD | 313.41 | 0 | get 0.0000% / 1h | 38m 09s | $125K | $88K | 5x |
| Short | Nado TAO-PERP | 314.45 | 0.0483 | get 0.0060% / 1h | 38m 09s | $833K | $2.0M | 10x |
dYdX TAO-USD
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against dYdX. 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
- $101.42
- Price spread: +0.333% → +0.047%
- $28.52
- Slippage, 4 orders
- −$84.36
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $28.58
- Costs to cover
- 1.014%
- Break-even
- 5.0 days
Slippage from dYdX: live order book, 41 min ago; Nado: live order book, 1 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 dYdX live order book, 41 min ago | 36.40 bp | 41.4 bp −$41 | 55.7 bp −$557 | 168.0 bp −$16.8K | 1238.5 bp −$619.2K |
| Sell Nado live order book, 1 min ago | 2.54 bp | 8.4 bp −$8 | 18.2 bp −$182 | 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 | −0.4478% | 1h | 313.97 | +0.179% | $168K | $48K | 10x | as long as short |
| dYdX TAO-USDlong | 0.0000% | 1h | 313.41 | long leg | $125K | $88K | 5x | |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 313.55 | +0.044% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 314.39 | +0.313% | $23K | $260 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.50 | +0.348% | $43K | $552K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 313.79 | +0.120% | $372K | $369K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.83 | +0.134% | $88.8M | $425.5M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 313.93 | +0.166% | $61.6M | $124.0M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.80 | +0.124% | $25.2M | $101.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.60 | +0.061% | $12.7M | $49.3M | 50x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 313.87 | +0.147% | $120.8M | $127.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.74 | +0.105% | $19.0M | $27.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.73 | +0.102% | $35.0M | $46.5M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 313.90 | +0.156% | — | $30.2M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.40 | −0.322% | $40K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 312.53 | −0.281% | $526K | $948K | 10x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 313.91 | +0.160% | $11K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 313.67 | +0.083% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.56 | +0.048% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.74 | +0.424% | $129K | $395K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 313.66 | +0.080% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.85 | +0.141% | $172K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 314.41 | +0.319% | $2K | $541K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0118% | 1h | 312.28 | −0.361% | $47K | $270K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0123% | 1h | 314.50 | +0.348% | $77K | $520K | 5x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 314.51 | +0.351% | $83K | $606K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0189% | 8h | 314.23 | +0.263% | $14K | $1K | 10x | as long as short |
| Variational Omni TAO | +0.0194% | 4h | 312.41 | −0.320% | $3.9M | $7.0M | — | as long as short |
| Aster TAOUSDT | +0.0202% | 4h | 313.79 | +0.121% | $1.1M | $7.9M | 50x | as long as short |
| BloFin TAO-USDT | +0.0347% | 4h | 313.20 | −0.067% | $4.4M | $10.2M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0349% | 1h | 313.75 | +0.108% | $19K | $1.4M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0448% | 1h | 313.77 | +0.115% | $5.8M | $19.9M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0477% / S −0.0175% | 1h | 313.54 | +0.041% | $451K | — | 100x | as long as short |
| Nado TAO-PERPshort | +0.0483% | 1h | 314.45 | +0.333% | $833K | $2.0M | 10x | |
| Phoenix TAO | +0.0537% | 1h | 312.80 | −0.195% | $327K | $521K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0541% | 1h | 314.00 | +0.188% | $301K | $799K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 314.10 | +0.221% | $361 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0712% | 1h | 314.72 | +0.418% | $3K | $4K | 5x | as long as short |
| Extended TAO-USD | +0.0872% | 1h | 313.77 | +0.115% | $863K | $2.1M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 314.64 | +0.392% | $1.5M | $5.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 314.57 | +0.370% | $433K | $548K | 5x | as long as short |
| Lighter TAO | +0.1352% | 1h | 314.26 | +0.272% | $1.6M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.1866% | 1h | 314.41 | +0.319% | $97.9M | $83.2M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Arcus TAO-USD
Paradex TAO-USD-PERP
Variational Omni TAO
Aster TAOUSDT
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Phoenix TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
01 Exchange TAOUSD
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO