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+0.0590%/8h= +64.7% APRnext payment +$2.95 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against HTX+0.562%7-day average +0.154% · 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)+0.030%+$3 on $10k
Price spread, last 4 days (all we have)−0.447%−$45 · spread now +0.562%, 7d avg +0.154%
Together, before fees−0.417%+ Points / potential airdropVariational Omni: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Variational Omni is 0.408% dearer against HTX than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.154%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.030% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.95 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
LongHTX TAO-USDT315.220.0100pay 0.0050% / 4h52m 15s$109K$526K20x
ShortVariational Omni TAO316.990.0690get 0.0345% / 4h52m 15s$5.9M$9.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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
$123.99
Price spread: +0.562% → +0.154%
$40.83
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$152.82
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: HTX: live order book, 6 min ago; Variational Omni: RFQ quote, 2 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 HTX live order book, 6 min ago13.02 bp112.9 bp −$113doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago3.19 bpdoesn't fit22.0 bp −$220doesn'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
Bulk TAO-USD−0.0499%1h315.15−0.022%$167K$1K10xas long as short
dYdX TAO-USD0.0000%1h315.36+0.044%$126K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h315.42+0.063%$20K150xas long as short
ApeX Omni TAOUSDT+0.0050%1h315.08−0.044%$46K$252K50xas long as short
Kraken Futures PF_TAOUSD+0.0056%1h315.18−0.013%$5.5M$20.6M50xas long as short
Popdex TAOUSDT+0.0096%1h315.71+0.155%$41K$685K20xas long as short
Binance TAOUSDT+0.0100%4h315.31+0.028%$91.4M$487.4M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.30+0.025%$25.9M$119.0M50xas long as short
Gate TAO_USDT+0.0100%4h315.50+0.089%$12.9M$49.3M50xas long as short
MEXC TAO_USDT+0.0100%4h315.28+0.019%$104.8M$142.0M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h315.19−0.010%$17.5M$31.6M75xas long as short
Bitget TAOUSDT+0.0100%4h314.36−0.273%$35.1M$55.7M50xas long as short
edgeX TAOUSDC+0.0100%4h316.41+0.377%$35K$302K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h315.53+0.098%$89K$789K5xas long as short
Bullet TAO-USD+0.0100%1h315.64+0.132%$12K$18K20xas long as short
SunX TAO-USDT+0.0100%4h315.57+0.111%$2K$1.9M20xas long as short
HTX TAO-USDTlong+0.0100%4h315.22long leg$109K$526K20x
Phemex TAOUSDT+0.0100%4h315.20−0.006%$3.2M$8.1M50xas long as short
Aevo TAO-PERP+0.0104%1h315.54+0.101%$173K$9983xas long as short
Katana Perps TAO-USD+0.0108%8h315.44+0.070%$2K$780K5xas long as short
Orderly PERP_TAO_USDC+0.0123%4h315.57+0.111%$57K$275K10xas long as short
GRVT TAO_USDT_Perp+0.0130%4h316.46+0.394%$527K$952K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0153% / S +0.0115%1h315.42+0.063%$428K100xas long as short
01 Exchange TAOUSD+0.0184%1h315.47+0.079%$3K$4K5xas long as short
Hyperliquid TAO+0.0194%1h315.35+0.041%$94.3M$104.7M5xas long as short
Paradex TAO-USD-PERP+0.0204%8h315.33+0.034%$14K$1K10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0210%1h315.72+0.158%$13K$1.6M25xas long as short
Bybit TAOUSDT+0.0220%4h315.51+0.092%$69.0M$145.7M50xas long as short
Aster TAOUSDT+0.0234%4h315.71+0.154%$1.2M$10.1M50xas long as short
Nado TAO-PERP+0.0239%1h315.67+0.144%$807K$2.2M10xas long as short
BingX TAO-USDT+0.0244%4h314.96−0.082%$30.1Mas long as short
Backpack TAO_USDC_PERP+0.0280%1h315.38+0.051%$313K$914K10xas long as short
BloFin TAO-USDT+0.0340%4h316.15+0.295%$4.5M$10.9M100xas long as short
Lighter TAO+0.0344%1h315.55+0.106%$1.5M$6.4M5xas long as short
Arcus TAO-USD+0.0345%1h315.46+0.076%$99K$488K5xas long as short
Pacifica TAO+0.0365%1h315.42+0.062%$368K$402K10xas long as short
Extended TAO-USD+0.0368%1h315.23+0.002%$922K$2.4M25xas long as short
Phoenix TAO+0.0581%1h315.90+0.216%$314K$697K5xas long as short
Variational Omni TAOshort+0.0690%4h316.99+0.562%$5.9M$9.7M
Reya TAORUSDPERP+0.0696%1h315.92+0.222%$36320xas long as short
RISEx TAO/USDC+0.0991%1h315.15−0.021%$433K$656K5xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h316.48+0.400%$1.5M$6.7M50xas long as short
Injective TAO/USDC PERP+0.4222%1h319.25+1.278%$23K$2K12xas long as short