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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0582%/8h= +63.7% APRnext payment +$2.91 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against edgeX+0.216%59s7-day average +0.073% · 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)+0.007%+$1 on $10k
Price spread, last 3 days (all we have)−0.196%−$20 · spread now +0.216%, 7d avg +0.073%
Together, before fees−0.189%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Variational Omni is 0.144% dearer against edgeX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.073%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.007% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.91 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
LongedgeX TAOUSDC310.910.0100pay 0.0050% / 4h2h 50m$34K$299K10x
ShortVariational Omni TAO311.590.0682get 0.0341% / 4h2h 50m$5.4M$8.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against edgeX. 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
$122.19
Price spread: +0.216% → +0.073%
$14.36
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$127.55
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: edgeX: live order book, 17 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 edgeX live order book, 17 min ago7.89 bp12.4 bp −$1226.6 bp −$266doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.88 bpdoesn't fit24.0 bp −$240doesn't fitdoesn'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%1h311.92+0.323%$125K$87K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0002%1h311.07+0.050%$12K150xas long as short
Popdex TAOUSDT+0.0096%1h311.87+0.307%$46K$617K20xas long as short
Binance TAOUSDT+0.0100%4h311.66+0.240%$89.5M$459.8M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h311.40+0.156%$25.4M$109.2M50xas long as short
Gate TAO_USDT+0.0100%4h311.90+0.317%$12.7M$49.3M50xas long as short
MEXC TAO_USDT+0.0100%4h312.22+0.420%$101.3M$136.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h312.36+0.465%$18.1M$30.1M75xas long as short
Bitget TAOUSDT+0.0100%4h310.93+0.005%$34.6M$52.5M50xas long as short
edgeX TAOUSDClong+0.0100%4h310.91long leg$34K$299K10x
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TAO_USDT_Perp+0.0100%4h312.42+0.485%$521K$962K10xas long as short
Orderly PERP_TAO_USDC+0.0100%4h311.53+0.198%$56K$324K10xas long as short
SunX TAO-USDT+0.0100%4h311.23+0.102%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h311.73+0.262%$118K$471K20xas long as short
Aevo TAO-PERP+0.0104%1h311.97+0.341%$171K$9983xas long as short
Katana Perps TAO-USD+0.0120%8h311.76+0.272%$638$670K5xas long as short
ApeX Omni TAOUSDT+0.0158%1h310.99+0.024%$47K$268K50xas long as short
Kraken Futures PF_TAOUSD+0.0170%1h311.58+0.214%$5.6M$20.4M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0171% / S +0.0092%1h311.08+0.052%$429K100xas long as short
Aster TAOUSDT+0.0191%4h312.08+0.375%$1.3M$9.1M50xas long as short
Bullet TAO-USD+0.0212%1h311.46+0.176%$12K$17K20xas long as short
Paradex TAO-USD-PERP+0.0256%8h312.11+0.385%$14K$1K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0282%1h311.51+0.191%$15K$1.5M25xas long as short
Pacifica TAO+0.0285%1h312.38+0.471%$370K$373K10xas long as short
Arcus TAO-USD+0.0337%1h312.30+0.446%$82K$551K5xas long as short
BloFin TAO-USDT+0.0340%4h311.79+0.282%$4.4M$10.7M100xas long as short
Polymarket Perps TAO-USD+0.0373%1h311.76+0.272%$91K$672K5xas long as short
Injective TAO/USDC PERP+0.0470%1h315.63+1.517%$23K$2K12xas long as short
Nado TAO-PERP+0.0495%1h311.38+0.151%$767K$2.1M10xas long as short
Bulk TAO-USD+0.0529%1h316.43+1.774%$168K$40K10xas long as short
Phoenix TAO+0.0588%1h310.60−0.101%$325K$681K5xas long as short
01 Exchange TAOUSD+0.0656%1h312.45+0.494%$3K$4K5xas long as short
Variational Omni TAOshort+0.0682%4h311.59+0.216%$5.4M$8.8M
Reya TAORUSDPERP+0.0696%1h311.13+0.071%$35820xas long as short
Phemex TAOUSDT+0.0717%4h311.66+0.240%$3.3M$7.9M50xas long as short
BingX TAO-USDT+0.0722%4h312.07+0.372%$31.0Mas long as short
Bybit TAOUSDT+0.0773%4h311.60+0.221%$63.6M$135.8M50xas long as short
Backpack TAO_USDC_PERP+0.0878%1h311.81+0.288%$315K$815K10xas long as short
Extended TAO-USD+0.1008%1h311.97+0.339%$895K$2.4M25xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h312.27+0.436%$1.5M$6.4M50xas long as short
RISEx TAO/USDC+0.1132%1h312.13+0.391%$414K$604K5xas long as short
Hyperliquid TAO+0.1284%1h311.56+0.208%$98.9M$92.4M5xas long as short
Lighter TAO+0.1520%1h312.86+0.624%$1.6M$6.0M5xas long as short