Funding you earn now, next payment 08:00 UTC+0.0431%/8h= +47.1% APRpaid last 24h +0.020%
Price spread now: Variational Omni against Katana Perps+0.613%50s7-day average +0.029% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)−0.448%−$45 · spread now +0.613%, 7d avg +0.029%
=Together, before fees−0.571%+ Points / potential airdropVariational Omni: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Variational Omni is 0.584% dearer against Katana Perps than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of +0.029%. Mind the row above: over the last 4 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour. The two prices were read 50 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 4 days it paid -0.123% in total (about -12.4% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 317.02 | 0.0107 | pay 0.0107% / 8h | 39m 45s | $2K | $1.1M | 5x |
| Short | Variational Omni TAO | 318.96 | 0.0537 | get 0.0269% / 4h | 39m 45s | $5.6M | $10.2M | — |
Katana Perps TAO-USD
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Katana Perps. 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
- $90.42
- Price spread: +0.613% → +0.029%
- $58.39
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $145.01
- Costs to cover
- 0.038%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 2.87 bp | doesn't fit | 18.9 bp −$189 | 43.4 bp −$4,342 | doesn't fit |
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 317.22 | +0.063% | $22K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0047% | 1h | 317.86 | +0.263% | $127K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.17 | +0.047% | $44K | $709K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.50 | +0.151% | $26.3M | $130.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.30 | +0.088% | $14.4M | $51.2M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.17 | +0.047% | $17.8M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.09 | +0.022% | $35.7M | $57.9M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.04 | +0.006% | $88K | $1.2M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 317.16 | +0.044% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.95 | −0.022% | $116K | $604K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USDlong | +0.0107% | 8h | 317.02 | long leg | $2K | $1.1M | 5x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0108% / S +0.0133% | 1h | 317.16 | +0.044% | $408K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0128% | 1h | 317.50 | +0.151% | $174K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0149% | 4h | 317.48 | +0.145% | $52K | $294K | 10x | as long as short |
| edgeX TAOUSDC | +0.0183% | 4h | 318.77 | +0.553% | $42K | $318K | 10x | as long as short |
| MEXC TAO_USDT | +0.0184% | 4h | 317.30 | +0.088% | $100.0M | $151.3M | 300x | as long as short |
| Binance TAOUSDT | +0.0185% | 4h | 317.44 | +0.132% | $92.1M | $529.9M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0248% | 8h | 318.17 | +0.363% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0287% | 4h | 317.65 | +0.199% | $69.5M | $156.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0298% | 4h | 317.34 | +0.101% | — | $37.0M | — | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0306% | 1h | 317.41 | +0.124% | $15K | $2.0M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0309% | 1h | 318.62 | +0.505% | $46K | $260K | 50x | as long as short |
| Pacifica TAO | +0.0313% | 1h | 317.76 | +0.232% | $361K | $429K | 10x | as long as short |
| Bulk TAO-USD | +0.0314% | 1h | 317.73 | +0.224% | $169K | $333 | 10x | as long as short |
| Bullet TAO-USD | +0.0324% | 1h | 317.30 | +0.088% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0334% | 4h | 318.97 | +0.616% | $544K | $926K | 10x | as long as short |
| Aster TAOUSDT | +0.0342% | 4h | 317.31 | +0.091% | $1.3M | $11.0M | 50x | as long as short |
| Extended TAO-USD | +0.0352% | 1h | 317.26 | +0.074% | $903K | $2.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0424% | 4h | 318.98 | +0.618% | $4.7M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0473% | 1h | 317.49 | +0.148% | $102K | $381K | 5x | as long as short |
| Nado TAO-PERP | +0.0530% | 1h | 317.13 | +0.034% | $786K | $2.0M | 10x | as long as short |
| Phemex TAOUSDT | +0.0537% | 4h | 317.20 | +0.057% | $3.2M | $8.2M | 50x | as long as short |
| Variational Omni TAOshort | +0.0537% | 4h | 318.96 | +0.613% | $5.6M | $10.2M | — | |
| Lighter TAO | +0.0584% | 1h | 317.46 | +0.140% | $1.6M | $6.9M | 5x | as long as short |
| Phoenix TAO | +0.0629% | 1h | 319.50 | +0.782% | $318K | $703K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 317.24 | +0.070% | $365 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0731% | 1h | 317.33 | +0.098% | $292K | $906K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0752% | 1h | 317.27 | +0.079% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0766% | 1h | 317.68 | +0.208% | $94.0M | $110.0M | 5x | as long as short |
| RISEx TAO/USDC | +0.0831% | 1h | 317.04 | +0.006% | $447K | $670K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0835% | 1h | 317.39 | +0.116% | $5.9M | $21.7M | 50x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 319.03 | +0.634% | $1.5M | $6.9M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4513% | 1h | 322.94 | +1.867% | $23K | $2K | 12x | as long as short |
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Paradex TAO-USD-PERP
Bybit TAOUSDT
BingX TAO-USDT
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
Pacifica TAO
Bulk TAO-USD
Bullet TAO-USD
GRVT TAO_USDT_Perp
Aster TAOUSDT
Extended TAO-USD
BloFin TAO-USDT
Arcus TAO-USD
Nado TAO-PERP
Phemex TAOUSDT
Lighter TAO
Phoenix TAO
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP