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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TAOUSDC | 310.91 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $34K | $299K | 10x |
| Short | Variational Omni TAO | 311.59 | 0.0682 | get 0.0341% / 4h | 2h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 17 min ago | 7.89 bp | 12.4 bp −$12 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.88 bp | doesn't fit | 24.0 bp −$240 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 311.92 | +0.323% | $125K | $87K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0002% | 1h | 311.07 | +0.050% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.87 | +0.307% | $46K | $617K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.66 | +0.240% | $89.5M | $459.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.40 | +0.156% | $25.4M | $109.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 311.90 | +0.317% | $12.7M | $49.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.22 | +0.420% | $101.3M | $136.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.36 | +0.465% | $18.1M | $30.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 310.93 | +0.005% | $34.6M | $52.5M | 50x | as long as short |
| edgeX TAOUSDClong | +0.0100% | 4h | 310.91 | long leg | $34K | $299K | 10x |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 312.42 | +0.485% | $521K | $962K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 311.53 | +0.198% | $56K | $324K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.23 | +0.102% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.73 | +0.262% | $118K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.97 | +0.341% | $171K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0120% | 8h | 311.76 | +0.272% | $638 | $670K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0158% | 1h | 310.99 | +0.024% | $47K | $268K | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0170% | 1h | 311.58 | +0.214% | $5.6M | $20.4M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0171% / S +0.0092% | 1h | 311.08 | +0.052% | $429K | — | 100x | as long as short |
| Aster TAOUSDT | +0.0191% | 4h | 312.08 | +0.375% | $1.3M | $9.1M | 50x | as long as short |
| Bullet TAO-USD | +0.0212% | 1h | 311.46 | +0.176% | $12K | $17K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0256% | 8h | 312.11 | +0.385% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0282% | 1h | 311.51 | +0.191% | $15K | $1.5M | 25x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 312.38 | +0.471% | $370K | $373K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 312.30 | +0.446% | $82K | $551K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.79 | +0.282% | $4.4M | $10.7M | 100x | as long as short |
| Polymarket Perps TAO-USD | +0.0373% | 1h | 311.76 | +0.272% | $91K | $672K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 315.63 | +1.517% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0495% | 1h | 311.38 | +0.151% | $767K | $2.1M | 10x | as long as short |
| Bulk TAO-USD | +0.0529% | 1h | 316.43 | +1.774% | $168K | $40K | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 310.60 | −0.101% | $325K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0656% | 1h | 312.45 | +0.494% | $3K | $4K | 5x | as long as short |
| Variational Omni TAOshort | +0.0682% | 4h | 311.59 | +0.216% | $5.4M | $8.8M | — | |
| Reya TAORUSDPERP | +0.0696% | 1h | 311.13 | +0.071% | $358 | — | 20x | as long as short |
| Phemex TAOUSDT | +0.0717% | 4h | 311.66 | +0.240% | $3.3M | $7.9M | 50x | as long as short |
| BingX TAO-USDT | +0.0722% | 4h | 312.07 | +0.372% | — | $31.0M | — | as long as short |
| Bybit TAOUSDT | +0.0773% | 4h | 311.60 | +0.221% | $63.6M | $135.8M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0878% | 1h | 311.81 | +0.288% | $315K | $815K | 10x | as long as short |
| Extended TAO-USD | +0.1008% | 1h | 311.97 | +0.339% | $895K | $2.4M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 312.27 | +0.436% | $1.5M | $6.4M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 312.13 | +0.391% | $414K | $604K | 5x | as long as short |
| Hyperliquid TAO | +0.1284% | 1h | 311.56 | +0.208% | $98.9M | $92.4M | 5x | as long as short |
| Lighter TAO | +0.1520% | 1h | 312.86 | +0.624% | $1.6M | $6.0M | 5x | as long as short |
edgeX TAOUSDC
Variational Omni TAO
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
GRVT TAO_USDT_Perp
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
ApeX Omni TAOUSDT
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Bullet TAO-USD
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
Pacifica TAO
BloFin TAO-USDT
Polymarket Perps TAO-USD
Injective TAO/USDC PERP
Bulk TAO-USD
Phoenix TAO
01 Exchange TAOUSD
Phemex TAOUSDT
BingX TAO-USDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO