Funding you earn now, next payment 12:00 UTC+0.0276%/8h= +30.2% APRnext payment +$1.38 per $10,000 · paid last 24h +0.042%
Price spread now: Variational Omni against Binance+0.150%7-day average +0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.042%+$4 on $10k
+Price spread, last 7 days−0.156%−$16 · spread now +0.150%, 7d avg +0.023%
=Together, before fees−0.115%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Variational Omni is 0.127% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.023%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.042% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.38 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TAOUSDT | 318.37 | 0.0132 | pay 0.0066% / 4h | 2h 21m | $93.5M | $517.0M | 75x |
| Short | Variational Omni TAO | 318.85 | 0.0408 | get 0.0204% / 4h | 2h 21m | $5.6M | $9.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- $57.86
- Price spread: +0.150% → +0.023%
- $12.68
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $60.54
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 15 min ago; Variational Omni: RFQ quote, 1 min ago. 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 Binance live order book, 15 min ago | 0.16 bp | 7.2 bp −$7 | 15.9 bp −$159 | 39.2 bp −$3,917 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.87 bp | doesn't fit | 14.5 bp −$145 | doesn't fit | doesn't fit |
TAO on 43 exchanges
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 | −0.1080% | 1h | 318.61 | +0.075% | $169K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 318.49 | +0.038% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.60 | +0.072% | $51K | $634K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 318.39 | +0.006% | $69.7M | $155.7M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.30 | −0.023% | $27.1M | $129.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.10 | −0.085% | $15.7M | $49.1M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.27 | −0.032% | $17.7M | $31.8M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.05 | −0.101% | $36.1M | $56.8M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.33 | +0.301% | $45K | $256K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.05 | −0.101% | $81K | $1.1M | 5x | as long as short |
Show all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 318.36 | −0.004% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.18 | −0.060% | $117K | $557K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.29 | −0.026% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0106% | 8h | 318.51 | +0.043% | $2K | $1.3M | 5x | as long as short |
| Aevo TAO-PERP | +0.0112% | 1h | 318.36 | −0.004% | $175K | $998 | 3x | as long as short |
| edgeX TAOUSDC | +0.0128% | 4h | 319.40 | +0.323% | $42K | $323K | 10x | as long as short |
| BingX TAO-USDT | +0.0128% | 4h | 318.31 | −0.019% | — | $39.0M | — | as long as short |
| MEXC TAO_USDT | +0.0132% | 4h | 318.45 | +0.024% | $110.8M | $151.8M | 300x | as long as short |
| Binance TAOUSDTlong | +0.0132% | 4h | 318.37 | long leg | $93.5M | $517.0M | 75x | |
| Paradex TAO-USD-PERP | +0.0182% | 8h | 318.37 | 0.000% | $14K | $876 | 10x | as long as short |
| Extended TAO-USD | +0.0216% | 1h | 318.21 | −0.051% | $963K | $2.1M | 25x | as long as short |
| Orderly PERP_TAO_USDC | +0.0248% | 4h | 318.29 | −0.026% | $53K | $263K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0256% | 4h | 318.62 | +0.079% | $541K | $814K | 10x | as long as short |
| Pacifica TAO | +0.0301% | 1h | 318.49 | +0.037% | $372K | $447K | 10x | as long as short |
| Aster TAOUSDT | +0.0306% | 4h | 318.36 | −0.004% | $1.2M | $11.3M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0361% / S −0.0107% | 1h | 317.97 | −0.125% | $374K | — | 100x | as long as short |
| Arcus TAO-USD | +0.0364% | 1h | 318.89 | +0.163% | $100K | $329K | 5x | as long as short |
| BloFin TAO-USDT | +0.0368% | 4h | 318.84 | +0.147% | $4.9M | $10.6M | 100x | as long as short |
| Bullet TAO-USD | +0.0383% | 1h | 318.38 | +0.002% | $12K | $17K | 20x | as long as short |
| Lighter TAO | +0.0384% | 1h | 318.63 | +0.081% | $1.6M | $6.7M | 5x | as long as short |
| Variational Omni TAOshort | +0.0408% | 4h | 318.85 | +0.150% | $5.6M | $9.8M | — | |
| Nado TAO-PERP | +0.0443% | 1h | 318.51 | +0.044% | $714K | $2.0M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0553% | 1h | 318.23 | −0.046% | $14K | $1.9M | 25x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.00 | +0.197% | $321K | $712K | 5x | as long as short |
| dYdX TAO-USD | +0.0640% | 1h | 318.34 | −0.010% | $268K | $235K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0665% | 1h | 318.72 | +0.109% | $299K | $1.1M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0683% | 1h | 318.35 | −0.007% | $6.2M | $20.9M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 318.90 | +0.165% | $367 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0701% | 1h | 318.50 | +0.041% | $440K | $704K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0768% | 1h | 319.94 | +0.492% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0801% | 1h | 318.53 | +0.050% | $96.1M | $108.2M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0832% | 1h | 318.47 | +0.031% | $1.1M | $7.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3320% | 1h | 322.26 | +1.221% | $23K | $2K | 12x | as long as short |
Binance TAOUSDT
Variational Omni TAO
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
edgeX TAOUSDC
BingX TAO-USDT
MEXC TAO_USDT
Paradex TAO-USD-PERP
Extended TAO-USD
GRVT TAO_USDT_Perp
Pacifica TAO
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Bullet TAO-USD
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
01 Exchange TAOUSD
Hyperliquid TAO
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP