TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.064%

Price spread now: RISEx against Nado+0.238%7-day average +0.012% · 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−$1as in the Price arb table

costs, in and out, $10k−$230.233% of the position

Long on Nado Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.337%+$34 on $10k

Price spread, last 3 days (all we have)−0.388%−$39 · spread now +0.238%, 7d avg +0.012%

Together, before fees−0.051%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and RISEx is 0.226% dearer against Nado than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado TAO-PERP	310.58	0.0813	pay 0.0102% / 1h	57m 34s	$765K	$2.1M	10x
Short	RISEx TAO/USDC	311.32	0.1132	get 0.0142% / 1h	57m 34s	$413K	$602K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee RISExbpOrdersPrice spread, now +0.238%Rate

Funding earned: $67.13
Price spread: +0.238% → +0.012%: $22.6
Slippage, 4 orders: −$10.29
Fee Nado: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $66.43
Costs to cover: 0.233%
Break-even: 0.1 days

Slippage from Nado: live order book, 1 min ago; RISEx: live order book, 11 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	0.96 bp	7.5 bp −$7	20.8 bp −$208	doesn't fit	doesn't fit
Sell RISEx live order book, 11 min ago	1.26 bp	4.3 bp −$4	27.3 bp −$273	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	311.19	+0.196%	$124K	$89K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0002%	1h	312.02	+0.463%	$12K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	311.03	+0.145%	$44K	$611K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	310.83	+0.081%	$89.3M	$454.9M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	310.40	−0.058%	$25.3M	$107.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	311.00	+0.135%	$12.6M	$49.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	311.22	+0.206%	$99.7M	$135.0M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	311.59	+0.325%	$18.2M	$29.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	310.20	−0.122%	$34.5M	$52.1M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	312.75	+0.700%	$35K	$297K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT TAO_USDT_Perp	+0.0100%	4h	312.72	+0.689%	$521K	$962K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	313.12	+0.818%	$48K	$267K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	312.28	+0.547%	$57K	$318K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	312.04	+0.470%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	312.35	+0.570%	$119K	$446K	20x	as long as short
Aevo TAO-PERP	+0.0104%	1h	312.04	+0.471%	$171K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0117%	8h	310.94	+0.116%	$636	$657K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0125%	1h	311.99	+0.455%	$16K	$1.5M	25x	as long as short
Polymarket Perps TAO-USD	+0.0148%	1h	310.86	+0.090%	$91K	$672K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0169%	1h	311.96	+0.445%	$5.6M	$20.3M	50x	as long as short
Aster TAOUSDT	+0.0171%	4h	311.41	+0.269%	$1.2M	$9.0M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0171% / S +0.0110%	1h	312.10	+0.491%	$435K	—	100x	as long as short
Bullet TAO-USD	+0.0179%	1h	312.59	+0.647%	$12K	$17K	20x	as long as short
Paradex TAO-USD-PERP	+0.0233%	8h	311.28	+0.225%	$14K	$1K	10x	as long as short
Pacifica TAO	+0.0285%	1h	311.37	+0.254%	$369K	$373K	10x	as long as short
Arcus TAO-USD	+0.0337%	1h	311.68	+0.354%	$82K	$550K	5x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.04	+0.792%	$4.4M	$10.7M	100x	as long as short
Injective TAO/USDC PERP	+0.0470%	1h	316.84	+2.016%	$23K	$2K	12x	as long as short
Phoenix TAO	+0.0525%	1h	313.80	+1.037%	$328K	$620K	5x	as long as short
Bulk TAO-USD	+0.0529%	1h	316.43	+1.884%	$168K	$40K	10x	as long as short
01 Exchange TAOUSD	+0.0592%	1h	311.01	+0.138%	$3K	$4K	5x	as long as short
Variational Omni TAO	+0.0606%	4h	314.06	+1.120%	$5.4M	$8.7M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	310.35	−0.075%	$357	—	20x	as long as short
BingX TAO-USDT	+0.0704%	4h	311.49	+0.293%	—	$30.7M	—	as long as short
Bybit TAOUSDT	+0.0750%	4h	310.62	+0.013%	$63.2M	$134.8M	50x	as long as short
Nado TAO-PERPlong	+0.0813%	1h	310.58	long leg	$765K	$2.1M	10x
Backpack TAO_USDC_PERP	+0.0816%	1h	312.08	+0.483%	$315K	$818K	10x	as long as short
Phemex TAOUSDT	+0.0905%	4h	312.28	+0.547%	$3.4M	$7.8M	50x	as long as short
Hyperliquid TAO	+0.0954%	1h	310.79	+0.068%	$99.0M	$92.3M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	312.42	+0.592%	$1.5M	$6.4M	50x	as long as short
Extended TAO-USD	+0.1048%	1h	311.48	+0.289%	$898K	$2.4M	25x	as long as short
RISEx TAO/USDCshort	+0.1132%	1h	311.32	+0.238%	$413K	$602K	5x
Lighter TAO	+0.1328%	1h	312.01	+0.461%	$1.6M	$6.0M	5x	as long as short