Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0381%/8h= +41.8% APRpaid last 24h +0.042%
Price spread now: Nado against HTX−0.137%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1621.617% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.075%+$8 on $10k
Price spread, last 3 days (all we have)+0.159%+$16 · spread now −0.137%, 7d avg +0.106%
Together, before fees+0.234%+ Points / potential airdropNado: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.243% cheaper against HTX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.106%). If the spread goes back, that is −$24 on $10k: about 2.1 days of funding at the current rate (+$11 a day). At the pace of the last 3 days (+0.075% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.075% in total (about 8.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TAO-USDT304.220.0100pay 0.0050% / 4h1h 48m$121K$356K20x
ShortNado TAO-PERP303.800.0481get 0.0060% / 1h48m 04s$827K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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

Funding earned
$80.11
Price spread: −0.137% → +0.106%
−$24.28
Slippage, 4 orders
−$142.71
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$105.88
Costs to cover
1.617%
Break-even
16.3 days
Slippage from HTX: live order book, 35 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 35 min ago34.46 bp101.1 bp −$101doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 1 min ago1.98 bp9.2 bp −$918.8 bp −$188doesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.0466%1h307.38+1.039%$202K$17K10xas long as short
dYdX TAO-USD0.0000%1h303.87−0.114%$125K$87K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0007%1h303.66−0.183%$26K150xas long as short
Popdex TAOUSDT+0.0096%1h304.01−0.069%$43K$533K20xas long as short
Binance TAOUSDT+0.0100%4h303.86−0.119%$85.3M$410.0M75xas long as short
Bybit TAOUSDT+0.0100%4h303.97−0.082%$58.9M$120.5M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h304.00−0.072%$24.4M$94.5M50xas long as short
Arcus TAO-USD+0.0100%1h304.43+0.069%$79K$642K5xas long as short
Gate TAO_USDT+0.0100%4h303.60−0.204%$12.1M$48.3M50xas long as short
MEXC TAO_USDT+0.0100%4h303.80−0.138%$120.6M$123.9M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h303.69−0.174%$18.2M$26.9M75xas long as short
Bitget TAOUSDT+0.0100%4h303.84−0.125%$34.0M$45.5M50xas long as short
BingX TAO-USDT+0.0100%4h303.91−0.102%$30.4Mas long as short
Variational Omni TAO+0.0100%4h305.07+0.279%$3.6M$6.6Mas long as short
edgeX TAOUSDC+0.0100%4h304.88+0.218%$39K$278K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h304.81+0.194%$504K$977K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h306.50+0.749%$46K$269K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h303.92−0.099%$77K$607K5xas long as short
Bullet TAO-USD+0.0100%1h303.92−0.097%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h303.72−0.164%$58K$276K10xas long as short
SunX TAO-USDT+0.0100%4h303.63−0.194%$2K$1.8M20xas long as short
HTX TAO-USDTlong+0.0100%4h304.22long leg$121K$356K20x
Phemex TAOUSDT+0.0100%4h303.72−0.164%$3.2M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h303.82−0.130%$167K$9983xas long as short
Aster TAOUSDT+0.0111%4h303.68−0.178%$1.1M$7.6M50xas long as short
Katana Perps TAO-USD+0.0112%8h303.99−0.076%$2K$488K5xas long as short
Paradex TAO-USD-PERP+0.0155%8h303.93−0.095%$14K$1K10xas long as short
Pacifica TAO+0.0164%1h304.04−0.059%$359K$370K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h303.59−0.207%$434K100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0334%1h303.80−0.139%$22K$1.4M25xas long as short
BloFin TAO-USDT+0.0340%4h303.61−0.201%$4.3M$9.3M100xas long as short
Backpack TAO_USDC_PERP+0.0368%1h304.02−0.066%$376K$756K10xas long as short
Lighter TAO+0.0384%1h303.99−0.077%$1.7M$5.2M5xas long as short
01 Exchange TAOUSD+0.0408%1h304.29+0.023%$3K$4K5xas long as short
Nado TAO-PERPshort+0.0481%1h303.80−0.137%$827K$1.9M10x
Phoenix TAO+0.0521%1h307.40+1.045%$326K$491K5xas long as short
Reya TAORUSDPERP+0.0694%1h303.78−0.144%$34920xas long as short
Extended TAO-USD+0.0840%1h303.84−0.126%$840K$2.0M25xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h305.27+0.345%$1.5M$5.6M50xas long as short
Kraken Futures PF_TAOUSD+0.1040%1h303.69−0.173%$5.8M$19.8M50xas long as short
RISEx TAO/USDC+0.1155%1h304.31+0.031%$410K$545K5xas long as short
Hyperliquid TAO+0.1354%1h304.30+0.026%$93.2M$79.5M5xas long as short
Injective TAO/USDC PERP+0.1621%1h308.73+1.482%$22K$26412xas long as short