Funding you earn now, next payment 00:00 UTC+0.1256%/8h= +137.5% APRpaid last 24h +0.263%
Price spread now: Variational Omni against Bulk+1.586%7-day average +0.135% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.307%+$31 on $10k
+Price spread, last 4 days (all we have)−1.565%−$156 · spread now +1.586%, 7d avg +0.135%
=Together, before fees−1.258%+ Points / potential airdropVariational Omni: Active · farm board−$126 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Variational Omni is 1.452% dearer against Bulk than usual: you sell high and buy low: +$145 more if the spread goes back to its 7-day average of +0.135%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.307% in total (about 34.0% 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 | Bulk TAO-USD | 305.94 | −0.1120 | get 0.0140% / 1h | 58m 06s | $164K | $52K | 10x |
| Short | Variational Omni TAO | 310.79 | 0.0136 | get 0.0068% / 4h | 58m 06s | $3.8M | $6.8M | — |
Bulk TAO-USD
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bulk. 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
- $263.73
- Price spread: +1.586% → +0.135%
- $145.17
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $401.9
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Bulk: live order book, 21 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 Bulk live order book, 21 min ago | 0.17 bp | 4.1 bp −$4 | 7.9 bp −$79 | 26.7 bp −$2,669 | 54.0 bp −$27.0K |
| Sell Variational Omni RFQ quote, 1 min ago | 2.88 bp | doesn't fit | 19.0 bp −$190 | 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-USDlong | −0.1120% | 1h | 305.94 | long leg | $164K | $52K | 10x | |
| dYdX TAO-USD | 0.0000% | 1h | 313.94 | +2.615% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 313.90 | +2.601% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 308.73 | +0.912% | $22K | $259 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.01 | +2.638% | $39K | $540K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 314.17 | +2.690% | $371K | $370K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.91 | +2.605% | $88.4M | $418.4M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 314.08 | +2.661% | $61.4M | $122.6M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.90 | +2.602% | $25.3M | $99.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.90 | +2.602% | $12.5M | $48.4M | 50x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 313.91 | +2.605% | $119.9M | $125.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.21 | +2.703% | $19.1M | $27.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.69 | +2.533% | $35.1M | $46.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 313.84 | +2.582% | — | $30.2M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 309.27 | +1.087% | $40K | $280K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.77 | +1.905% | $515K | $950K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 309.27 | +1.088% | $46K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 314.03 | +2.644% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.01 | +2.638% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.19 | +2.697% | $126K | $385K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 313.79 | +2.566% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.35 | +3.731% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 314.24 | +2.713% | $831 | $528K | 5x | as long as short |
| Variational Omni TAOshort | +0.0136% | 4h | 310.79 | +1.586% | $3.8M | $6.8M | — | |
| Arcus TAO-USD | +0.0186% | 1h | 314.24 | +2.713% | $81K | $644K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0189% | 8h | 314.11 | +2.669% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0197% | 4h | 313.93 | +2.612% | $1.1M | $7.8M | 50x | as long as short |
| Bullet TAO-USD | +0.0230% | 1h | 314.18 | +2.693% | $12K | $17K | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0274% | 1h | 314.10 | +2.666% | $19K | $1.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.15 | +2.684% | $4.3M | $9.7M | 100x | as long as short |
| Nado TAO-PERP | +0.0383% | 1h | 314.19 | +2.698% | $863K | $1.9M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0447% | 1h | 314.07 | +2.657% | $5.8M | $19.7M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0464% | 1h | 314.19 | +2.697% | $77K | $548K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0477% / S −0.0175% | 1h | 313.87 | +2.593% | $450K | — | 100x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 312.60 | +2.177% | $327K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 313.86 | +2.589% | $361 | — | 20x | as long as short |
| Extended TAO-USD | +0.0760% | 1h | 314.09 | +2.665% | $851K | $2.1M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0901% | 1h | 313.95 | +2.618% | $301K | $799K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 314.58 | +2.824% | $1.5M | $5.7M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.1104% | 1h | 314.83 | +2.906% | $3K | $4K | 5x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 314.23 | +2.710% | $433K | $537K | 5x | as long as short |
| Lighter TAO | +0.1512% | 1h | 314.44 | +2.780% | $1.6M | $5.7M | 5x | as long as short |
| Hyperliquid TAO | +0.2479% | 1h | 314.72 | +2.870% | $98.1M | $82.3M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Arcus TAO-USD
Paradex TAO-USD-PERP
Aster TAOUSDT
Bullet TAO-USD
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Polymarket Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Phoenix TAO
Reya TAORUSDPERP
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
01 Exchange TAOUSD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO