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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0822%/8h= +90.0% APRpaid last 24h −0.008%
Price spread now: Variational Omni against dYdX+0.116%7-day average +0.101% · 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)−0.152%−$15 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.116%, 7d avg +0.101%
Together, before fees−0.027%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.101%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.152%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.152% in total (about -16.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TAO-USD315.190get 0.0000% / 1h24m 43s$126K$84K5x
ShortVariational Omni TAO315.550.0822get 0.0411% / 4h2h 24m$5.5M$8.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against dYdX. 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
$172.66
Price spread: +0.116% → +0.101%
$1.46
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$164.12
Costs to cover
0.100%
Break-even
0.3 days
Slippage unknown: dYdX: live order book, 44 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 44 min ago36.33 bp41.3 bp −$4154.8 bp −$548143.4 bp −$14.3K582.5 bp −$291.3K
Sell Variational Omni RFQ quote, 4 min ago2.88 bpdoesn't fit22.6 bp −$226doesn't fitdoesn't fit

TAO on 42 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-USDlong0.0000%1h315.19long leg$126K$84K5x
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h315.33+0.045%$10K150xas long as short
Popdex TAOUSDT+0.0096%1h315.67+0.153%$39K$626K20xas long as short
Binance TAOUSDT+0.0100%4h315.50+0.100%$90.4M$465.2M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.40+0.067%$26.0M$112.5M50xas long as short
Gate TAO_USDT+0.0100%4h314.50−0.218%$12.8M$50.3M50xas long as short
MEXC TAO_USDT+0.0100%4h315.41+0.070%$109.6M$138.8M300xas long as short
KuCoin TAOUSDTM+0.0100%4h314.53−0.209%$18.0M$30.1M75xas long as short
Bitget TAOUSDT+0.0100%4h314.81−0.120%$35.1M$53.5M50xas long as short
edgeX TAOUSDC+0.0100%4h314.28−0.287%$35K$298K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni TAOUSDT+0.0100%1h313.06−0.675%$47K$256K50xas long as short
Orderly PERP_TAO_USDC+0.0100%4h315.55+0.115%$57K$282K10xas long as short
SunX TAO-USDT+0.0100%4h315.45+0.083%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h314.45−0.234%$129K$472K20xas long as short
Phemex TAOUSDT+0.0100%4h314.84−0.111%$3.4M$8.0M50xas long as short
Aevo TAO-PERP+0.0104%1h315.54+0.110%$173K$9983xas long as short
Katana Perps TAO-USD+0.0120%8h315.49+0.096%$1K$700K5xas long as short
GRVT TAO_USDT_Perp+0.0136%4h314.59−0.191%$518K$966K10xas long as short
Polymarket Perps TAO-USD+0.0143%1h315.87+0.216%$82K$679K5xas long as short
Kraken Futures PF_TAOUSD+0.0168%1h314.95−0.076%$5.6M$20.5M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0169% / S +0.0091%1h315.46+0.087%$441K100xas long as short
Bullet TAO-USD+0.0229%1h315.85+0.209%$12K$17K20xas long as short
Aster TAOUSDT+0.0242%4h314.87−0.100%$1.3M$9.4M50xas long as short
Deribit TAO_USDC-PERPETUAL+0.0284%1h315.10−0.027%$24K$1.5M25xas long as short
Pacifica TAO+0.0285%1h315.42+0.073%$371K$381K10xas long as short
Paradex TAO-USD-PERP+0.0336%8h314.80−0.123%$14K$1K10xas long as short
Arcus TAO-USD+0.0337%1h315.23+0.013%$99K$529K5xas long as short
Injective TAO/USDC PERP+0.0470%1h312.28−0.923%$23K$2K12xas long as short
Nado TAO-PERP+0.0512%1h315.68+0.156%$781K$2.1M10xas long as short
Phoenix TAO+0.0588%1h312.30−0.916%$326K$681K5xas long as short
01 Exchange TAOUSD+0.0648%1h315.43+0.077%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0696%1h315.98+0.250%$36320xas long as short
BingX TAO-USDT+0.0760%4h314.80−0.123%$31.0Mas long as short
Bybit TAOUSDT+0.0820%4h315.75+0.178%$66.2M$137.8M50xas long as short
Variational Omni TAOshort+0.0822%4h315.55+0.116%$5.5M$8.9M
Extended TAO-USD+0.0896%1h314.74−0.142%$903K$2.3M25xas long as short
Backpack TAO_USDC_PERP+0.0911%1h314.61−0.184%$318K$814K10xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h316.20+0.321%$1.5M$6.5M50xas long as short
RISEx TAO/USDC+0.1132%1h315.08−0.035%$450K$631K5xas long as short
Hyperliquid TAO+0.1253%1h315.42+0.073%$99.8M$94.5M5xas long as short
Lighter TAO+0.1424%1h315.70+0.163%$1.6M$6.1M5xas long as short
Bulk TAO-USD+0.2752%1h308.95−1.981%$164K$40K10xas long as short