Funding you earn now, next payment 04:00 UTC+0.0341%/8h= +37.3% APRpaid last 24h −0.224%
Price spread now: Variational Omni against Hyperliquid−0.533%7-day average −0.045% · 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)−0.361%−$36 on $10k
+Price spread, last 7 days+0.498%+$50 · spread now −0.533%, 7d avg −0.045%
=Together, before fees+0.137%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.488% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.533% now, against its 7-day average of −0.045%). If the spread goes back, that is −$49 on $10k: about 4.8 days of funding at the current rate (+$10 a day). Mind the row above: over the last 3 days funding on this pair cost −0.361%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TAO | 314.89 | 0.0247 | pay 0.0031% / 1h | 31m 12s | $92.6M | $106.1M | 5x |
| Short | Variational Omni TAO | 313.21 | 0.0588 | get 0.0294% / 4h | 31m 12s | $5.7M | $9.9M | — |
Hyperliquid TAO
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hyperliquid. 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
- $71.61
- Price spread: −0.533% → −0.045%
- −$48.84
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $13.77
- Costs to cover
- 0.090%
- Break-even
- 5.7 days
Slippage unknown: Hyperliquid: live order book, 13 min ago; Variational Omni: RFQ quote, 3 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 Hyperliquid live order book, 13 min ago | 1.27 bp | 6.6 bp −$7 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.87 bp | doesn't fit | 20.2 bp −$202 | 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 | 314.94 | +0.017% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.63 | −0.082% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 314.46 | −0.138% | $5.5M | $20.7M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.79 | −0.032% | $43K | $693K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 314.61 | −0.089% | $997 | $794K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.79 | −0.033% | $90.8M | $493.3M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 314.82 | −0.022% | $68.5M | $147.7M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.80 | −0.029% | $25.9M | $120.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.50 | −0.124% | $12.9M | $49.9M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.62 | −0.086% | $110.1M | $143.6M | 300x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Katana Perps TAO-USD
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.38 | −0.162% | $17.5M | $31.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.21 | −0.216% | $35.1M | $56.1M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.27 | −0.196% | $42K | $312K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.13 | −0.242% | $520K | $955K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.44 | −0.143% | $46K | $252K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.52 | −0.118% | $78K | $855K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 314.79 | −0.032% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.88 | −0.003% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.14 | −0.238% | $110K | $533K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.61 | −0.089% | $3.2M | $8.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0103% | 4h | 314.69 | −0.064% | — | $30.0M | — | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.58 | −0.098% | $173K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0130% | 4h | 314.69 | −0.064% | $57K | $275K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0149% / S +0.0124% | 1h | 314.54 | −0.110% | $419K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0176% | 8h | 315.14 | +0.078% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0185% | 1h | 314.80 | −0.028% | $802K | $2.2M | 10x | as long as short |
| Aster TAOUSDT | +0.0204% | 4h | 314.88 | −0.003% | $1.2M | $10.2M | 50x | as long as short |
| Hyperliquid TAOlong | +0.0247% | 1h | 314.89 | long leg | $92.6M | $106.1M | 5x | |
| Extended TAO-USD | +0.0248% | 1h | 314.46 | −0.138% | $922K | $2.4M | 25x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0272% | 1h | 314.50 | −0.124% | $12K | $1.7M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0280% | 1h | 315.02 | +0.041% | $3K | $4K | 5x | as long as short |
| Bulk TAO-USD | +0.0285% | 1h | 315.07 | +0.057% | $167K | $2K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.61 | −0.089% | $4.5M | $10.8M | 100x | as long as short |
| Lighter TAO | +0.0344% | 1h | 314.81 | −0.027% | $1.5M | $6.5M | 5x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 315.33 | +0.140% | $99K | $488K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0348% | 1h | 314.65 | −0.076% | $315K | $913K | 10x | as long as short |
| Pacifica TAO | +0.0365% | 1h | 315.17 | +0.088% | $359K | $411K | 10x | as long as short |
| Phoenix TAO | +0.0581% | 1h | 314.90 | +0.003% | $313K | $697K | 5x | as long as short |
| Variational Omni TAOshort | +0.0588% | 4h | 313.21 | −0.533% | $5.7M | $9.9M | — | |
| Reya TAORUSDPERP | +0.0697% | 1h | 314.70 | −0.062% | $362 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0991% | 1h | 314.97 | +0.026% | $437K | $653K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 314.89 | 0.000% | $1.5M | $6.6M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 319.92 | +1.597% | $23K | $2K | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
BingX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Nado TAO-PERP
Aster TAOUSDT
Extended TAO-USD
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
Bulk TAO-USD
BloFin TAO-USDT
Lighter TAO
Arcus TAO-USD
Backpack TAO_USDC_PERP
Pacifica TAO
Phoenix TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP