Funding you earn now, next payment 12:00 UTC+0.0512%/8h= +56.1% APRnext payment +$2.56 per $10,000 · paid last 24h +0.046%
Price spread now: Variational Omni against KuCoin−0.230%7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.046%+$5 on $10k
+Price spread, last 7 days+0.205%+$20 · spread now −0.230%, 7d avg +0.015%
=Together, before fees+0.250%+ Points / potential airdropVariational Omni: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.244% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of +0.015%). If the spread goes back, that is −$24 on $10k: about 38 hours of funding at the current rate (+$15 a day). At the pace of the last 4 days (+0.046% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.046% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.56 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 | KuCoin TAOUSDTM | 316.73 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $17.8M | $32.4M | 75x |
| Short | Variational Omni TAO | 316.00 | 0.0612 | get 0.0306% / 4h | 3h 46m | $5.6M | $10.1M | — |
KuCoin TAOUSDTM
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- $107.54
- Price spread: −0.230% → +0.015%
- −$24.42
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $71.12
- Costs to cover
- 0.120%
- Break-even
- 2.4 days
Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 0.95 bp | 15.0 bp −$15 | 30.3 bp −$303 | 84.8 bp −$8,476 | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.88 bp | doesn't fit | 19.6 bp −$196 | 44.4 bp −$4,442 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 316.60 | −0.040% | $22K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0066% | 1h | 316.46 | −0.086% | $127K | $86K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.86 | +0.041% | $50K | $717K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 316.69 | −0.013% | $919 | $1.2M | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.60 | −0.041% | $26.4M | $131.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.40 | −0.104% | $14.8M | $49.2M | 50x | as long as short |
| KuCoin TAOUSDTMlong | +0.0100% | 4h | 316.73 | long leg | $17.8M | $32.4M | 75x | |
| Bitget TAOUSDT | +0.0100% | 4h | 316.52 | −0.066% | $35.6M | $57.8M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.92 | +0.060% | $87K | $1.2M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.68 | −0.016% | $1K | $1.9M | 20x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Katana Perps TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 316.36 | −0.117% | $116K | $589K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 316.61 | −0.038% | $3.2M | $8.2M | 50x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 316.98 | +0.081% | $174K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0160% | 4h | 316.71 | −0.006% | $104.3M | $151.6M | 300x | as long as short |
| edgeX TAOUSDC | +0.0164% | 4h | 316.63 | −0.030% | $42K | $321K | 10x | as long as short |
| Binance TAOUSDT | +0.0165% | 4h | 316.71 | −0.007% | $92.7M | $531.8M | 75x | as long as short |
| Orderly PERP_TAO_USDC | +0.0206% | 4h | 316.80 | +0.022% | $54K | $299K | 10x | as long as short |
| Bullet TAO-USD | +0.0217% | 1h | 316.79 | +0.018% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0228% | 4h | 316.92 | +0.059% | $542K | $887K | 10x | as long as short |
| Bulk TAO-USD | +0.0233% | 1h | 316.19 | −0.170% | $168K | $0 | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0251% | 8h | 316.91 | +0.056% | $14K | $876 | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0294% | 1h | 316.58 | −0.047% | $46K | $259K | 50x | as long as short |
| Aster TAOUSDT | +0.0326% | 4h | 316.76 | +0.008% | $1.2M | $11.1M | 50x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 316.87 | +0.043% | $371K | $442K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0362% / S −0.0107% | 1h | 316.59 | −0.044% | $372K | — | 100x | as long as short |
| Extended TAO-USD | +0.0376% | 1h | 316.65 | −0.025% | $899K | $2.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0402% | 4h | 316.72 | −0.003% | $4.8M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 317.05 | +0.101% | $100K | $377K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0439% | 1h | 316.84 | +0.035% | $15K | $1.9M | 25x | as long as short |
| Bybit TAOUSDT | +0.0481% | 4h | 316.76 | +0.009% | $69.7M | $156.3M | 50x | as long as short |
| Hyperliquid TAO | +0.0517% | 1h | 316.78 | +0.016% | $93.3M | $110.1M | 5x | as long as short |
| BingX TAO-USDT | +0.0568% | 4h | 316.67 | −0.019% | — | $37.4M | — | as long as short |
| Nado TAO-PERP | +0.0569% | 1h | 316.80 | +0.023% | $769K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 315.60 | −0.357% | $317K | $714K | 5x | as long as short |
| Variational Omni TAOshort | +0.0612% | 4h | 316.00 | −0.230% | $5.6M | $10.1M | — | |
| Lighter TAO | +0.0616% | 1h | 316.83 | +0.032% | $1.6M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0616% | 1h | 317.23 | +0.158% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 316.86 | +0.042% | $364 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0773% | 1h | 316.69 | −0.013% | $317K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0786% | 1h | 316.71 | −0.007% | $6.0M | $21.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 316.82 | +0.027% | $446K | $673K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 317.10 | +0.117% | $1.2M | $7.3M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 319.36 | +0.830% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
MEXC TAO_USDT
edgeX TAOUSDC
Binance TAOUSDT
Orderly PERP_TAO_USDC
Bullet TAO-USD
GRVT TAO_USDT_Perp
Bulk TAO-USD
Paradex TAO-USD-PERP
ApeX Omni TAOUSDT
Aster TAOUSDT
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
Extended TAO-USD
BloFin TAO-USDT
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Bybit TAOUSDT
Hyperliquid TAO
BingX TAO-USDT
Nado TAO-PERP
Phoenix TAO
Lighter TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP