Funding you earn now, next payment 07:00 UTC−0.0536%/8h= −58.7% APRpaid last 24h −0.074%
Price spread now: Gate against Nado−0.111%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$500.498% of the position
Funding, last 3 days (all we have)−0.084%−$8 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now −0.111%, 7d avg −0.035%
=Together, before fees+0.020%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.076% cheaper against Nado than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.084% in total (about -8.9% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado TAO-PERP | 320.86 | 0.0636 | pay 0.0079% / 1h | 48m 07s | $802K | $2.2M | 10x |
| Short | Gate TAO_USDT | 320.50 | 0.0100 | get 0.0050% / 4h | 1h 48m | $14.2M | $51.4M | 50x |
Nado TAO-PERP
Gate TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$112.49
- Price spread: −0.111% → −0.035%
- −$7.61
- Slippage, 4 orders
- −$27.77
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$169.87
- Costs to cover
- 0.498%
- Break-even
- never at this rate
Slippage from Nado: live order book, 1 min ago; Gate: 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 Nado live order book, 1 min ago | 1.25 bp | 8.3 bp −$8 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.12 bp | 16.6 bp −$17 | 33.8 bp −$338 | 65.7 bp −$6,567 | 121.2 bp −$60.6K |
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 | −0.2101% | 1h | 320.87 | +0.004% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 320.04 | −0.254% | $128K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 320.32 | −0.167% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.37 | −0.152% | $40K | $694K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.60 | −0.080% | $26.6M | $129.2M | 50x | as long as short |
| Gate TAO_USDTshort | +0.0100% | 4h | 320.50 | −0.111% | $14.2M | $51.4M | 50x | |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.61 | −0.077% | $17.6M | $31.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.41 | −0.139% | $36.1M | $58.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 320.78 | −0.024% | $45K | $258K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 320.47 | −0.121% | $76K | $1.1M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 320.38 | −0.149% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.91 | −0.295% | $117K | $585K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 320.74 | −0.037% | $3.3M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 320.32 | −0.168% | $2K | $992K | 5x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 320.81 | −0.013% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 320.68 | −0.055% | $53K | $293K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0122% / S +0.0155% | 1h | 320.26 | −0.187% | $433K | — | 100x | as long as short |
| edgeX TAOUSDC | +0.0148% | 4h | 320.94 | +0.026% | $42K | $316K | 10x | as long as short |
| MEXC TAO_USDT | +0.0152% | 4h | 320.74 | −0.037% | $105.2M | $149.4M | 300x | as long as short |
| Binance TAOUSDT | +0.0153% | 4h | 320.72 | −0.043% | $92.9M | $526.1M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0264% | 8h | 320.51 | −0.107% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0309% | 4h | 320.73 | −0.040% | $1.3M | $10.9M | 50x | as long as short |
| BingX TAO-USDT | +0.0366% | 4h | 320.71 | −0.046% | — | $34.3M | — | as long as short |
| Bullet TAO-USD | +0.0369% | 1h | 320.74 | −0.037% | $12K | $17K | 20x | as long as short |
| Bybit TAOUSDT | +0.0385% | 4h | 320.77 | −0.027% | $70.1M | $155.6M | 50x | as long as short |
| BloFin TAO-USDT | +0.0393% | 4h | 320.43 | −0.133% | $4.7M | $11.1M | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0424% | 4h | 322.11 | +0.389% | $548K | $948K | 10x | as long as short |
| Extended TAO-USD | +0.0480% | 1h | 320.60 | −0.080% | $914K | $2.4M | 25x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 320.60 | −0.080% | $365K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0536% | 4h | 321.98 | +0.349% | $5.6M | $10.2M | — | as long as short |
| Phoenix TAO | +0.0567% | 1h | 321.70 | +0.263% | $320K | $709K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0589% | 1h | 320.63 | −0.071% | $14K | $1.9M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0607% | 1h | 320.77 | −0.027% | $319K | $899K | 10x | as long as short |
| Nado TAO-PERPlong | +0.0636% | 1h | 320.86 | long leg | $802K | $2.2M | 10x | |
| Arcus TAO-USD | +0.0641% | 1h | 320.73 | −0.040% | $103K | $394K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0656% | 1h | 320.61 | −0.077% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0675% | 1h | 320.92 | +0.019% | $94.9M | $109.9M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 320.59 | −0.083% | $369 | — | 20x | as long as short |
| Lighter TAO | +0.0872% | 1h | 321.01 | +0.047% | $1.5M | $6.6M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 322.95 | +0.652% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 320.34 | −0.162% | $461K | $665K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1151% | 1h | 320.82 | −0.012% | $6.1M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 328.25 | +2.304% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Paradex TAO-USD-PERP
Aster TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
Bybit TAOUSDT
BloFin TAO-USDT
GRVT TAO_USDT_Perp
Extended TAO-USD
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Arcus TAO-USD
01 Exchange TAOUSD
Hyperliquid TAO
Reya TAORUSDPERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP