Funding you earn now, next payment 04:00 UTC+0.0296%/8h= +32.4% APRpaid last 24h +0.003%
Price spread now: Variational Omni against Deribit−0.053%7-day average +0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.053%, 7d avg +0.024%
=Together, before fees+0.089%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.077% cheaper against Deribit than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.024%). If the spread goes back, that is −$8 on $10k: about 21 hours of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.021% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.021% in total (about 2.2% 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 | Deribit TAO_USDC-PERPETUAL | 314.50 | 0.0355 | pay 0.0044% / 1h | 49m 41s | $13K | $1.6M | 25x |
| Short | Variational Omni TAO | 314.33 | 0.0651 | get 0.0326% / 4h | 49m 41s | $5.8M | $9.8M | — |
Deribit TAO_USDC-PERPETUAL
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $62.22
- Price spread: −0.053% → +0.024%
- −$7.68
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $47.54
- Costs to cover
- 0.070%
- Break-even
- 1.7 days
Slippage unknown: Deribit: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 Deribit live order book, 4 min ago | 6.64 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.19 bp | doesn't fit | 22.0 bp −$220 | 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 | −0.0499% | 1h | 315.15 | +0.208% | $167K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 314.07 | −0.134% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.13 | −0.117% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0057% | 1h | 314.39 | −0.033% | $5.5M | $20.6M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.31 | −0.059% | $41K | $685K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.29 | −0.066% | $90.6M | $488.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.00 | −0.158% | $25.9M | $118.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.00 | −0.158% | $12.9M | $49.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.23 | −0.085% | $104.4M | $142.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.18 | −0.101% | $17.4M | $31.6M | 75x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTMShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 313.98 | −0.164% | $35.1M | $55.8M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 316.19 | +0.538% | $35K | $303K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 315.90 | +0.446% | $46K | $252K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.41 | −0.027% | $89K | $789K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 314.36 | −0.045% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.30 | −0.062% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.16 | −0.107% | $109K | $526K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.24 | −0.081% | $3.2M | $8.2M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.46 | −0.010% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0108% | 8h | 313.98 | −0.164% | $1K | $783K | 5x | as long as short |
| GRVT TAO_USDT_Perp | +0.0122% | 4h | 316.28 | +0.566% | $527K | $952K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0123% | 4h | 314.35 | −0.046% | $57K | $275K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0153% / S +0.0115% | 1h | 314.08 | −0.132% | $426K | — | 100x | as long as short |
| Bybit TAOUSDT | +0.0183% | 4h | 314.12 | −0.120% | $68.5M | $146.0M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0184% | 1h | 314.29 | −0.066% | $3K | $4K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0199% | 8h | 314.37 | −0.039% | $14K | $1K | 10x | as long as short |
| Hyperliquid TAO | +0.0218% | 1h | 314.38 | −0.037% | $93.9M | $104.8M | 5x | as long as short |
| Aster TAOUSDT | +0.0218% | 4h | 313.75 | −0.239% | $1.2M | $10.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0244% | 4h | 314.25 | −0.078% | — | $30.2M | — | as long as short |
| Nado TAO-PERP | +0.0264% | 1h | 314.60 | +0.032% | $806K | $2.2M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0279% | 1h | 314.31 | −0.059% | $315K | $915K | 10x | as long as short |
| Lighter TAO | +0.0328% | 1h | 314.53 | +0.010% | $1.5M | $6.4M | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.43 | −0.021% | $4.5M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 314.37 | −0.040% | $99K | $488K | 5x | as long as short |
| Extended TAO-USD | +0.0352% | 1h | 313.90 | −0.188% | $922K | $2.4M | 25x | as long as short |
| Deribit TAO_USDC-PERPETUALlong | +0.0355% | 1h | 314.50 | long leg | $13K | $1.6M | 25x | |
| Pacifica TAO | +0.0365% | 1h | 314.30 | −0.062% | $360K | $409K | 10x | as long as short |
| Phoenix TAO | +0.0581% | 1h | 316.60 | +0.669% | $315K | $697K | 5x | as long as short |
| Variational Omni TAOshort | +0.0651% | 4h | 314.33 | −0.053% | $5.8M | $9.8M | — | |
| Reya TAORUSDPERP | +0.0696% | 1h | 314.45 | −0.014% | $362 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0991% | 1h | 314.47 | −0.008% | $433K | $657K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 315.00 | +0.160% | $1.5M | $6.6M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 319.25 | +1.512% | $23K | $2K | 12x | as long as short |
Bitget TAOUSDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Bybit TAOUSDT
01 Exchange TAOUSD
Paradex TAO-USD-PERP
Hyperliquid TAO
Aster TAOUSDT
BingX TAO-USDT
Nado TAO-PERP
Backpack TAO_USDC_PERP
Lighter TAO
BloFin TAO-USDT
Arcus TAO-USD
Extended TAO-USD
Pacifica TAO
Phoenix TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP