Funding you earn now, next payment 01:00 UTC−0.0342%/8h= −37.5% APRnext payment −$0.43 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against Extended+0.065%7-day average +0.045% · 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−$32as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)+0.190%+$19 · spread now +0.065%, 7d avg +0.045%
=Together, before fees+0.202%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.021% dearer against Extended than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.045%): +$2 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.012% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.43 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 | Extended TAO-USD | 314.39 | 0.1088 | pay 0.0136% / 1h | 2m 27s | $879K | $2.3M | 25x |
| Short | Nado TAO-PERP | 314.59 | 0.0746 | get 0.0093% / 1h | 2m 27s | $778K | $2.1M | 10x |
Extended TAO-USD
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Extended. 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
- −$71.87
- Price spread: +0.065% → +0.045%
- $2.06
- Slippage, 4 orders
- −$21.94
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$103.75
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 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 Extended live order book, 1 min ago | 3.46 bp | 6.2 bp −$6 | 8.4 bp −$84 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 3.97 bp | 10.0 bp −$10 | 16.7 bp −$167 | 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 | −0.1228% | 1h | 316.14 | +0.558% | $168K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 314.65 | +0.083% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0002% | 1h | 314.56 | +0.055% | $14K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.66 | +0.087% | $44K | $605K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.53 | +0.046% | $90.1M | $452.3M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.50 | +0.036% | $25.6M | $108.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.30 | −0.028% | $12.8M | $51.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.63 | +0.077% | $99.8M | $137.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.55 | +0.052% | $18.3M | $29.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.30 | −0.028% | $35.0M | $51.7M | 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
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 317.06 | +0.849% | $40K | $294K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.35 | +0.625% | $524K | $958K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 314.92 | +0.170% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.86 | +0.151% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.14 | +0.240% | $126K | $422K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.22 | +0.265% | $173K | $998 | 3x | as long as short |
| Bullet TAO-USD | +0.0109% | 1h | 314.49 | +0.033% | $12K | $17K | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0117% | 1h | 316.47 | +0.663% | $48K | $267K | 50x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 314.92 | +0.170% | $644 | $648K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0172% / S +0.0102% | 1h | 314.37 | −0.005% | $446K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 314.74 | +0.112% | $373K | $376K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 314.57 | +0.058% | $83K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0204% | 4h | 315.09 | +0.225% | $1.3M | $8.9M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0237% | 8h | 314.44 | +0.016% | $14K | $1K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0260% | 1h | 314.64 | +0.081% | $92K | $633K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.26 | −0.040% | $4.4M | $10.7M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0370% | 1h | 314.85 | +0.146% | $17K | $1.5M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0487% | 1h | 314.57 | +0.057% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 317.00 | +0.831% | $332K | $624K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0560% | 1h | 314.68 | +0.093% | $3K | $4K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 320.46 | +1.932% | $23K | $2K | 12x | as long as short |
| Variational Omni TAO | +0.0571% | 4h | 316.78 | +0.760% | $5.5M | $8.7M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 314.60 | +0.068% | $362 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0704% | 4h | 314.46 | +0.023% | — | $30.7M | — | as long as short |
| Phemex TAOUSDT | +0.0706% | 4h | 314.49 | +0.033% | $3.4M | $7.8M | 50x | as long as short |
| Nado TAO-PERPshort | +0.0746% | 1h | 314.59 | +0.065% | $778K | $2.1M | 10x | |
| Bybit TAOUSDT | +0.0752% | 4h | 314.60 | +0.068% | $64.8M | $133.9M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0796% | 1h | 315.21 | +0.262% | $319K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 314.95 | +0.179% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USDlong | +0.1088% | 1h | 314.39 | long leg | $879K | $2.3M | 25x | |
| RISEx TAO/USDC | +0.1141% | 1h | 314.41 | +0.007% | $417K | $602K | 5x | as long as short |
| Lighter TAO | +0.1408% | 1h | 315.51 | +0.356% | $1.6M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1730% | 1h | 314.94 | +0.176% | $100.8M | $91.7M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Bullet TAO-USD
ApeX Omni TAOUSDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Polymarket Perps TAO-USD
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
Phoenix TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
Variational Omni TAO
Reya TAORUSDPERP
BingX TAO-USDT
Phemex TAOUSDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO