Settings8H · net · $10k
Funding arb · Price arb /

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0290%/8h= +31.8% APRnext payment +$1.45 per $10,000 · paid last 24h +0.024%
Price spread now: Variational Omni against Bitget+0.045%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.025%+$2 on $10k
Price spread, last 7 days−0.085%−$9 · spread now +0.045%, 7d avg +0.036%
Together, before fees−0.061%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.025% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TAOUSDT313.570.0100pay 0.0050% / 4h2h 41m$35.3M$57.0M50x
ShortVariational Omni TAO313.710.0390get 0.0195% / 4h2h 41m$5.5M$10.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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

Funding earned
$60.94
Price spread: +0.045% → +0.036%
$0.91
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$49.85
Costs to cover
0.120%
Break-even
1.3 days
Slippage unknown: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago1.60 bp12.4 bp −$1218.6 bp −$18644.6 bp −$4,457doesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.87 bpdoesn't fit19.2 bp −$19243.5 bp −$4,346doesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX TAO-USD0.0000%1h313.66+0.027%$125K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0003%1h313.34−0.073%$22K150xas long as short
Katana Perps TAO-USD+0.0100%8h313.94+0.118%$643$894K5xas long as short
Binance TAOUSDT+0.0100%4h313.86+0.092%$89.7M$505.9M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h313.80+0.073%$26.2M$122.4M50xas long as short
Bulk TAO-USD+0.0100%1h314.32+0.239%$167K$33310xas long as short
Gate TAO_USDT+0.0100%4h313.90+0.105%$13.8M$50.6M50xas long as short
MEXC TAO_USDT+0.0100%4h313.73+0.051%$105.9M$145.0M300xas long as short
KuCoin TAOUSDTM+0.0100%4h313.56−0.003%$17.4M$31.4M75xas long as short
Bitget TAOUSDTlong+0.0100%4h313.57long leg$35.3M$57.0M50x
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h313.60+0.010%$41K$314K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h313.70+0.041%$90K$912K5xas long as short
SunX TAO-USDT+0.0100%4h313.42−0.048%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h313.02−0.175%$111K$545K20xas long as short
Aevo TAO-PERP+0.0104%1h313.64+0.024%$172K$9983xas long as short
Orderly PERP_TAO_USDC+0.0121%4h313.64+0.022%$52K$290K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0131% / S +0.0138%1h313.30−0.086%$420K100xas long as short
Aster TAOUSDT+0.0167%4h314.05+0.154%$1.3M$10.5M50xas long as short
Popdex TAOUSDT+0.0224%1h314.11+0.172%$50K$664K20xas long as short
Pacifica TAO+0.0233%1h314.34+0.245%$358K$419K10xas long as short
Paradex TAO-USD-PERP+0.0244%8h314.39+0.261%$14K$1K10xas long as short
Nado TAO-PERP+0.0256%1h314.04+0.149%$780K$2.2M10xas long as short
Phemex TAOUSDT+0.0271%4h313.46−0.035%$3.2M$8.0M50xas long as short
GRVT TAO_USDT_Perp+0.0296%4h314.18+0.196%$534K$935K10xas long as short
Kraken Futures PF_TAOUSD+0.0304%1h313.79+0.070%$5.9M$21.4M50xas long as short
Bullet TAO-USD+0.0309%1h313.69+0.037%$12K$17K20xas long as short
BloFin TAO-USDT+0.0340%4h313.50−0.022%$4.5M$10.9M100xas long as short
Variational Omni TAOshort+0.0390%4h313.71+0.045%$5.5M$10.1M
BingX TAO-USDT+0.0402%4h314.16+0.188%$33.7Mas long as short
Extended TAO-USD+0.0416%1h314.12+0.174%$902K$2.4M25xas long as short
Bybit TAOUSDT+0.0436%4h313.90+0.105%$68.0M$151.7M50xas long as short
Arcus TAO-USD+0.0483%1h314.45+0.281%$101K$370K5xas long as short
ApeX Omni TAOUSDT+0.0484%1h313.69+0.038%$44K$256K50xas long as short
Phoenix TAO+0.0513%1h314.00+0.137%$312K$713K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0535%1h313.63+0.018%$9K$1.8M25xas long as short
Reya TAORUSDPERP+0.0697%1h313.77+0.063%$36120xas long as short
Hyperliquid TAO+0.0747%1h314.01+0.140%$91.8M$108.7M5xas long as short
Backpack TAO_USDC_PERP+0.0775%1h313.84+0.086%$310K$886K10xas long as short
01 Exchange TAOUSD+0.0776%1h314.36+0.252%$3K$4K5xas long as short
Lighter TAO+0.0840%1h314.32+0.241%$1.5M$6.5M5xas long as short
Coinbase International TAO-PERP-INTX+0.0928%1h313.90+0.105%$1.5M$6.8M50xas long as short
RISEx TAO/USDC+0.0948%1h314.19+0.196%$452K$649K5xas long as short
Injective TAO/USDC PERP+0.3711%1h316.07+0.797%$23K$2K12xas long as short