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

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0416%/8h= +45.5% APRpaid last 24h +0.007%
Price spread now: Variational Omni against Bullet+0.100%52s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.100% dearer against Bullet than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet TAO-USD316.350.0100pay 0.0013% / 1h11m 32s$12K$17K20x
ShortVariational Omni TAO316.670.0516get 0.0258% / 4h3h 11m$5.5M$8.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bullet. 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
$87.34
Price spread: +0.100% → 0.000%
$9.99
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$89.32
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Bullet: no order-book sample; 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 Bullet no order-book sample
Sell Variational Omni RFQ quote, 3 min ago2.88 bpdoesn't fit21.5 bp −$215doesn't fitdoesn't fit
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bulk TAO-USD−0.1821%1h318.67+0.733%$169K$40K10xas long as short
dYdX TAO-USD0.0000%1h315.59−0.240%$126K$88K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h316.03−0.101%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h316.50+0.047%$42K$598K20xas long as short
Binance TAOUSDT+0.0100%4h316.53+0.057%$90.8M$450.1M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h316.50+0.047%$25.8M$108.9M50xas long as short
Gate TAO_USDT+0.0100%4h315.90−0.142%$12.8M$51.1M50xas long as short
MEXC TAO_USDT+0.0100%4h316.19−0.051%$98.9M$136.4M300xas long as short
KuCoin TAOUSDTM+0.0100%4h315.98−0.117%$17.9M$29.4M75xas long as short
Bitget TAOUSDT+0.0100%4h316.29−0.019%$35.2M$51.3M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h316.13−0.069%$40K$294K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h316.09−0.081%$524K$958K10xas long as short
Bullet TAO-USDlong+0.0100%1h316.35long leg$12K$17K20x
Orderly PERP_TAO_USDC+0.0100%4h316.24−0.035%$57K$316K10xas long as short
SunX TAO-USDT+0.0100%4h315.93−0.133%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h316.39+0.013%$126K$422K20xas long as short
Phemex TAOUSDT+0.0100%4h316.47+0.038%$3.4M$7.8M50xas long as short
Aevo TAO-PERP+0.0104%1h316.97+0.196%$174K$9983xas long as short
Katana Perps TAO-USD+0.0121%8h316.52+0.054%$1K$636K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0172% / S +0.0101%1h315.92−0.135%$448K100xas long as short
Pacifica TAO+0.0185%1h316.05−0.094%$374K$375K10xas long as short
Arcus TAO-USD+0.0201%1h316.72+0.117%$84K$550K5xas long as short
Aster TAOUSDT+0.0202%4h315.72−0.200%$1.2M$8.8M50xas long as short
Paradex TAO-USD-PERP+0.0233%8h315.90−0.142%$14K$1K10xas long as short
ApeX Omni TAOUSDT+0.0247%1h316.20−0.047%$48K$267K50xas long as short
Polymarket Perps TAO-USD+0.0269%1h316.44+0.028%$92K$633K5xas long as short
BloFin TAO-USDT+0.0340%4h316.46+0.035%$4.5M$10.8M100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0365%1h316.22−0.041%$17K$1.5M25xas long as short
Kraken Futures PF_TAOUSD+0.0485%1h316.26−0.028%$5.7M$20.3M50xas long as short
Variational Omni TAOshort+0.0516%4h316.67+0.100%$5.5M$8.7M
Phoenix TAO+0.0525%1h316.60+0.079%$331K$624K5xas long as short
01 Exchange TAOUSD+0.0560%1h316.84+0.155%$3K$4K5xas long as short
Injective TAO/USDC PERP+0.0571%1h317.77+0.449%$23K$80212xas long as short
BingX TAO-USDT+0.0628%4h316.40+0.016%$30.5Mas long as short
Reya TAORUSDPERP+0.0695%1h316.26−0.027%$36420xas long as short
Bybit TAOUSDT+0.0697%4h316.69+0.107%$65.2M$133.4M50xas long as short
Nado TAO-PERP+0.0758%1h316.43+0.024%$876K$2.0M10xas long as short
Backpack TAO_USDC_PERP+0.0803%1h316.24−0.035%$320K$816K10xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h316.73+0.120%$1.5M$6.4M50xas long as short
Extended TAO-USD+0.1112%1h316.43+0.024%$886K$2.3M25xas long as short
RISEx TAO/USDC+0.1141%1h316.59+0.077%$420K$593K5xas long as short
Lighter TAO+0.1432%1h316.55+0.062%$1.7M$6.1M5xas long as short
Hyperliquid TAO+0.1843%1h316.21−0.044%$101.3M$91.8M5xas long as short