Funding you earn now, next payment 02:00 UTC−0.0467%/8h= −51.2% APRpaid last 24h −0.057%
Price spread now: KuCoin against Nado+0.208%7-day average +0.003% · 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−$34as in the Price arb table
costs, in and out, $10k−$550.547% of the position
Funding, last 3 days (all we have)−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−1.443%−$144 · spread now +0.208%, 7d avg +0.003%
=Together, before fees−1.509%+ Points / potential airdropNado: Active · farm board−$151 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.205% dearer against Nado than usual: you sell high and buy low (spread +0.208% now, against its 7-day average of +0.003%): +$21 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 3 days (−0.066% 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 -0.066% in total (about -7.3% 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 | 308.74 | 0.0567 | pay 0.0071% / 1h | 34m 57s | $752K | $2.1M | 10x |
| Short | KuCoin TAOUSDTM | 309.38 | 0.0100 | get 0.0050% / 4h | 2h 34m | $17.9M | $30.0M | 75x |
Nado TAO-PERP
KuCoin TAOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$98.1
- Price spread: +0.208% → +0.003%
- $20.53
- Slippage, 4 orders
- −$35.73
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$132.3
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; KuCoin: live order book, 9 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, 4 min ago | 0.49 bp | 7.7 bp −$8 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 0.97 bp | 19.3 bp −$19 | 32.7 bp −$327 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 308.44 | −0.096% | $123K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 308.33 | −0.133% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 308.64 | −0.032% | $37K | $622K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 309.21 | +0.153% | $88.8M | $461.0M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 309.30 | +0.182% | $25.3M | $109.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 309.00 | +0.085% | $12.6M | $49.8M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 309.19 | +0.147% | $104.2M | $137.9M | 300x | as long as short |
| KuCoin TAOUSDTMshort | +0.0100% | 4h | 309.38 | +0.208% | $17.9M | $30.0M | 75x | |
| Bitget TAOUSDT | +0.0100% | 4h | 309.07 | +0.108% | $34.5M | $53.1M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 308.03 | −0.228% | $34K | $299K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 308.55 | −0.059% | $508K | $965K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 309.00 | +0.085% | $46K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 308.60 | −0.045% | $56K | $283K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 308.42 | −0.103% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 308.52 | −0.070% | $126K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 308.83 | +0.030% | $170K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0124% | 8h | 308.87 | +0.043% | $692 | $682K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0163% | 1h | 308.60 | −0.045% | $78K | $655K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0169% / S +0.0092% | 1h | 308.27 | −0.150% | $429K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0171% | 1h | 308.46 | −0.090% | $5.5M | $20.4M | 50x | as long as short |
| Aster TAOUSDT | +0.0181% | 4h | 309.18 | +0.143% | $1.3M | $9.2M | 50x | as long as short |
| Bullet TAO-USD | +0.0213% | 1h | 308.75 | +0.003% | $12K | $17K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0285% | 8h | 308.82 | +0.025% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 308.87 | +0.044% | $365K | $381K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 309.00 | +0.085% | $97K | $562K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.16 | +0.785% | $4.4M | $10.7M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0418% | 1h | 308.50 | −0.076% | $10K | $1.5M | 25x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 312.28 | +1.147% | $23K | $2K | 12x | as long as short |
| Phemex TAOUSDT | +0.0470% | 4h | 308.65 | −0.028% | $3.3M | $8.0M | 50x | as long as short |
| Nado TAO-PERPlong | +0.0567% | 1h | 308.74 | long leg | $752K | $2.1M | 10x | |
| Phoenix TAO | +0.0588% | 1h | 308.60 | −0.045% | $323K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0624% | 1h | 308.97 | +0.075% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 308.49 | −0.080% | $355 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0704% | 4h | 309.25 | +0.166% | — | $31.0M | — | as long as short |
| Variational Omni TAO | +0.0748% | 4h | 309.04 | +0.097% | $5.3M | $8.9M | — | as long as short |
| Bybit TAOUSDT | +0.0756% | 4h | 309.44 | +0.228% | $63.7M | $136.3M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0837% | 1h | 309.67 | +0.302% | $313K | $814K | 10x | as long as short |
| Extended TAO-USD | +0.0920% | 1h | 309.07 | +0.107% | $885K | $2.3M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 309.46 | +0.234% | $1.4M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 308.70 | −0.012% | $441K | $621K | 5x | as long as short |
| Hyperliquid TAO | +0.1217% | 1h | 309.79 | +0.341% | $97.5M | $93.5M | 5x | as long as short |
| Lighter TAO | +0.1312% | 1h | 308.87 | +0.043% | $1.6M | $6.0M | 5x | as long as short |
| Bulk TAO-USD | +0.4286% | 1h | 309.11 | +0.120% | $164K | $40K | 10x | as long as short |
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Polymarket Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Aster TAOUSDT
Bullet TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
Arcus TAO-USD
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Injective TAO/USDC PERP
Phemex TAOUSDT
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Variational Omni TAO
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD