Funding you earn now, next payment 23:00 UTC−0.0399%/8h= −43.7% APRnext payment −$0.50 per $10,000 · paid last 24h −0.020%
Price spread now: GMX against Nado0.000%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.060%+$6 on $10k
+Price spread, last 3 days (all we have)+0.175%+$18 · spread now 0.000%, 7d avg +0.003%
=Together, before fees+0.236%+ Points / potential airdropNado: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.060% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 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 | 304.87 | 0.0330 | pay 0.0041% / 1h | 24m 12s | $823K | $1.9M | 10x |
| Short | GMX TAO/USD [WBTC.b-USDC] | 304.87 | L +0.0174% / S +0.0069% | pay 0.0009% / 1h | 24m 12s | $435K | — | 100x |
Nado TAO-PERP
GMX TAO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$83.79
- Price spread: 0.000% → +0.003%
- −$0.27
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$103.06
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
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, 5 min ago | 0.82 bp | 9.4 bp −$9 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 304.84 | −0.008% | $26K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0018% | 1h | 304.37 | −0.164% | $125K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 304.87 | +0.001% | $44K | $538K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 304.96 | +0.030% | $85.3M | $414.2M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 304.93 | +0.021% | $58.9M | $121.3M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 305.00 | +0.043% | $24.5M | $95.2M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 304.84 | −0.009% | $79K | $643K | 5x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 303.38 | −0.489% | $162K | $54K | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 304.90 | +0.011% | $12.2M | $48.9M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 304.97 | +0.034% | $111.8M | $125.4M | 300x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Bulk TAO-USD
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 304.95 | +0.027% | $18.5M | $27.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 304.75 | −0.039% | $34.0M | $46.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 305.07 | +0.066% | — | $30.4M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 303.78 | −0.355% | $39K | $277K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 303.76 | −0.365% | $502K | $967K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 305.00 | +0.043% | $75K | $580K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 305.15 | +0.092% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 304.91 | +0.014% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 304.81 | −0.019% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 305.04 | +0.057% | $122K | $364K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 304.79 | −0.025% | $3.2M | $7.9M | 50x | as long as short |
| Variational Omni TAO | +0.0104% | 4h | 303.54 | −0.436% | $3.7M | $6.7M | — | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 305.02 | +0.051% | $168K | $998 | 3x | as long as short |
| Aster TAOUSDT | +0.0107% | 4h | 304.93 | +0.021% | $1.1M | $7.7M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 304.68 | −0.062% | $624 | $503K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0112% | 1h | 303.77 | −0.360% | $46K | $269K | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0158% | 8h | 304.46 | −0.133% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0164% | 1h | 304.45 | −0.137% | $360K | $372K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]short | L +0.0174% / S +0.0069% | 1h | 304.87 | 0.000% | $435K | — | 100x | |
| Nado TAO-PERPlong | +0.0330% | 1h | 304.87 | long leg | $823K | $1.9M | 10x | |
| BloFin TAO-USDT | +0.0340% | 4h | 304.00 | −0.285% | $4.2M | $9.4M | 100x | as long as short |
| Lighter TAO | +0.0400% | 1h | 305.13 | +0.087% | $1.6M | $5.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0400% | 1h | 305.04 | +0.057% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0449% | 1h | 304.95 | +0.028% | $22K | $1.4M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0459% | 1h | 305.09 | +0.073% | $294K | $799K | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 303.80 | −0.350% | $322K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 304.93 | +0.021% | $351 | — | 20x | as long as short |
| Extended TAO-USD | +0.0816% | 1h | 304.92 | +0.017% | $829K | $2.0M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 305.60 | +0.240% | $1.5M | $5.5M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1036% | 1h | 304.97 | +0.035% | $5.8M | $19.7M | 50x | as long as short |
| Hyperliquid TAO | +0.1069% | 1h | 305.24 | +0.122% | $92.7M | $80.4M | 5x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 304.93 | +0.022% | $414K | $543K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +1.267% | $22K | $264 | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Variational Omni TAO
Aevo TAO-PERP
Aster TAOUSDT
Katana Perps TAO-USD
ApeX Omni TAOUSDT
Paradex TAO-USD-PERP
Pacifica TAO
BloFin TAO-USDT
Lighter TAO
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Phoenix TAO
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Injective TAO/USDC PERP