Funding you earn now, next payment 06:00 UTC−0.0261%/8h= −28.6% APRnext payment −$0.33 per $10,000 · paid last 24h −0.068%
Price spread now: dYdX against Nado+0.031%49s7-day average −0.040% · 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—prices read too far apart to compare
costs, in and out, $10k−$1081.081% of the position
Funding, last 3 days (all we have)+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.031%, 7d avg −0.040%
=Together, before fees−0.039%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.071% dearer against Nado than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.040%): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 3 days funding on this pair paid +0.072%, so the current rate has only just turned against you. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.072% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.33 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 | Nado TAO-PERP | 319.33 | 0.0292 | pay 0.0037% / 1h | 10m 49s | $802K | $2.2M | 10x |
| Short | dYdX TAO-USD | 319.43 | 0.0031 | get 0.0004% / 1h | 10m 49s | $127K | $85K | 5x |
Nado TAO-PERP
dYdX TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Nado. 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
- −$54.81
- Price spread: +0.031% → −0.040%
- $7.05
- Slippage, 4 orders
- −$91.06
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$155.82
- Costs to cover
- 1.081%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; dYdX: live order book, 38 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 Nado live order book, 3 min ago | 1.72 bp | 9.2 bp −$9 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 38 min ago | 40.60 bp | 45.6 bp −$46 | 49.0 bp −$490 | 165.2 bp −$16.5K | 1068.5 bp −$534.2K |
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 | −0.1195% | 1h | 319.01 | −0.100% | $169K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 319.07 | −0.082% | $21K | — | 150x | as long as short |
| dYdX TAO-USDshort | +0.0031% | 1h | 319.43 | +0.031% | $127K | $85K | 5x | |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.70 | +0.115% | $26.7M | $125.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.40 | +0.021% | $14.3M | $51.7M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.45 | +0.037% | $17.6M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.45 | +0.037% | $36.0M | $57.3M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.36 | +0.009% | $91K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 319.07 | −0.082% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.74 | −0.186% | $116K | $565K | 20x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | +0.0100% | 4h | 319.30 | −0.010% | $3.2M | $8.1M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 319.72 | +0.120% | $176K | $998 | 3x | as long as short |
| edgeX TAOUSDC | +0.0104% | 4h | 319.21 | −0.037% | $42K | $314K | 10x | as long as short |
| Binance TAOUSDT | +0.0110% | 4h | 319.82 | +0.151% | $91.7M | $513.3M | 75x | as long as short |
| MEXC TAO_USDT | +0.0110% | 4h | 319.66 | +0.103% | $101.6M | $148.1M | 300x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 319.18 | −0.048% | $3K | $946K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0116% | 4h | 319.41 | +0.024% | $53K | $291K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0126% / S +0.0141% | 1h | 319.02 | −0.098% | $429K | — | 100x | as long as short |
| Popdex TAOUSDT | +0.0128% | 1h | 319.46 | +0.040% | $54K | $671K | 20x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 319.13 | −0.063% | $364K | $420K | 10x | as long as short |
| Aster TAOUSDT | +0.0272% | 4h | 319.47 | +0.043% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0276% | 8h | 319.10 | −0.072% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERPlong | +0.0292% | 1h | 319.33 | long leg | $802K | $2.2M | 10x | |
| Kraken Futures PF_TAOUSD | +0.0298% | 1h | 319.56 | +0.071% | $6.0M | $21.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0319% | 1h | 319.38 | +0.015% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0350% | 4h | 319.59 | +0.081% | $3.7M | $11.0M | 100x | as long as short |
| BingX TAO-USDT | +0.0388% | 4h | 319.80 | +0.146% | — | $33.8M | — | as long as short |
| Bybit TAOUSDT | +0.0396% | 4h | 319.89 | +0.175% | $70.1M | $153.6M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0436% | 4h | 318.55 | −0.244% | $545K | $935K | 10x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 319.65 | +0.099% | $109K | $351K | 5x | as long as short |
| Variational Omni TAO | +0.0485% | 4h | 319.46 | +0.040% | $5.6M | $10.1M | — | as long as short |
| Extended TAO-USD | +0.0496% | 1h | 319.55 | +0.067% | $906K | $2.4M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0508% | 1h | 319.61 | +0.087% | $47K | $256K | 50x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 318.90 | −0.135% | $317K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0528% | 1h | 319.42 | +0.026% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 319.34 | +0.004% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0792% | 1h | 319.77 | +0.137% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0792% | 1h | 320.01 | +0.212% | $1.5M | $6.6M | 5x | as long as short |
| Hyperliquid TAO | +0.0806% | 1h | 319.98 | +0.203% | $93.9M | $109.6M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0832% | 1h | 319.54 | +0.065% | $317K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 320.14 | +0.253% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 319.33 | −0.001% | $461K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 322.94 | +1.130% | $23K | $2K | 12x | as long as short |
Phemex TAOUSDT
Aevo TAO-PERP
edgeX TAOUSDC
Binance TAOUSDT
MEXC TAO_USDT
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Popdex TAOUSDT
Pacifica TAO
Aster TAOUSDT
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Bybit TAOUSDT
GRVT TAO_USDT_Perp
Arcus TAO-USD
Variational Omni TAO
Extended TAO-USD
ApeX Omni TAOUSDT
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
01 Exchange TAOUSD
Lighter TAO
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP