Funding you earn now, next payment 07:00 UTC+0.0555%/8h= +60.7% APRnext payment +$0.69 per $10,000 · paid last 24h +0.076%
Price spread now: Nado against Popdex−0.013%57s7-day average −0.002% · 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—prices read too far apart to compare
costs, in and out, $10k−$330.329% of the position
Funding, last 3 days (all we have)+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.013%, 7d avg −0.002%
=Together, before fees−0.028%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate. The two prices were read 57 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 0.090% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.69 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 | Popdex TAOUSDT | 319.83 | 0.0096 | pay 0.0012% / 1h | 41m 11s | $41K | $696K | 20x |
| Short | Nado TAO-PERP | 319.79 | 0.0651 | get 0.0081% / 1h | 41m 11s | $801K | $2.2M | 10x |
Popdex TAOUSDT
Nado TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Popdex. 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
- $116.47
- Price spread: −0.013% → −0.002%
- −$1.11
- Slippage, 4 orders
- −$19.54
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $82.42
- Costs to cover
- 0.329%
- Break-even
- 2.0 days
Slippage from Popdex: live order book, 3 min ago; Nado: live order book, 3 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 Popdex live order book, 3 min ago | 0.47 bp | 8.8 bp −$9 | 87.0 bp −$870 | doesn't fit | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.62 bp | 7.1 bp −$7 | 15.8 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.2019% | 1h | 319.65 | −0.056% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.38 | −0.142% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 319.36 | −0.147% | $20K | — | 150x | as long as short |
| Popdex TAOUSDTlong | +0.0096% | 1h | 319.83 | long leg | $41K | $696K | 20x | |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.60 | −0.072% | $26.5M | $129.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.40 | −0.134% | $14.2M | $51.6M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.52 | −0.097% | $17.8M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.38 | −0.141% | $35.8M | $58.3M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.81 | −0.006% | $45K | $258K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.70 | −0.041% | $79K | $1.1M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
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 | 319.47 | −0.113% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.35 | −0.150% | $118K | $589K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 319.62 | −0.066% | $725 | $1.0M | 5x | as long as short |
| Phemex TAOUSDT | +0.0113% | 4h | 319.90 | +0.022% | $3.3M | $8.1M | 50x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 319.78 | −0.016% | $176K | $998 | 3x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0121% / S +0.0157% | 1h | 319.41 | −0.131% | $432K | — | 100x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 319.62 | −0.066% | $53K | $292K | 10x | as long as short |
| edgeX TAOUSDC | +0.0152% | 4h | 320.03 | +0.064% | $42K | $318K | 10x | as long as short |
| Binance TAOUSDT | +0.0158% | 4h | 319.81 | −0.006% | $92.5M | $527.2M | 75x | as long as short |
| MEXC TAO_USDT | +0.0158% | 4h | 319.68 | −0.047% | $105.0M | $149.6M | 300x | as long as short |
| Paradex TAO-USD-PERP | +0.0263% | 8h | 319.78 | −0.014% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0313% | 4h | 319.86 | +0.008% | $1.3M | $10.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0382% | 4h | 319.84 | +0.003% | $69.8M | $155.8M | 50x | as long as short |
| Bullet TAO-USD | +0.0391% | 1h | 319.97 | +0.044% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0398% | 4h | 319.77 | −0.019% | $4.7M | $11.1M | 100x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 319.63 | −0.063% | — | $34.5M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0408% | 4h | 319.70 | −0.042% | $544K | $940K | 10x | as long as short |
| Extended TAO-USD | +0.0488% | 1h | 319.60 | −0.071% | $917K | $2.4M | 25x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 319.86 | +0.011% | $364K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0538% | 4h | 319.36 | −0.147% | $5.6M | $10.2M | — | as long as short |
| Phoenix TAO | +0.0567% | 1h | 320.30 | +0.147% | $319K | $709K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0605% | 1h | 319.60 | −0.072% | $14K | $1.9M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0632% | 1h | 319.94 | +0.034% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 320.31 | +0.150% | $103K | $394K | 5x | as long as short |
| Nado TAO-PERPshort | +0.0651% | 1h | 319.79 | −0.013% | $801K | $2.2M | 10x | |
| Hyperliquid TAO | +0.0669% | 1h | 319.81 | −0.006% | $94.4M | $110.2M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0673% | 1h | 319.71 | −0.038% | $300K | $904K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 319.92 | +0.027% | $368 | — | 20x | as long as short |
| Lighter TAO | +0.0864% | 1h | 319.96 | +0.042% | $1.5M | $6.7M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 321.04 | +0.378% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 319.76 | −0.020% | $462K | $662K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1154% | 1h | 319.81 | −0.007% | $6.0M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.63 | +1.188% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Phemex TAOUSDT
Aevo TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Orderly PERP_TAO_USDC
edgeX TAOUSDC
Binance TAOUSDT
MEXC TAO_USDT
Paradex TAO-USD-PERP
Aster TAOUSDT
Bybit TAOUSDT
Bullet TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
GRVT TAO_USDT_Perp
Extended TAO-USD
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
Arcus TAO-USD
Hyperliquid TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP