Funding you earn now, next payment 02:00 UTC+0.0488%/8h= +53.5% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Pacifica−0.232%7-day average +0.052% · 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)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.408%+$41 · spread now −0.232%, 7d avg +0.052%
=Together, before fees+0.412%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.284% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of +0.052%). If the spread goes back, that is −$28 on $10k: about 47 hours of funding at the current rate (+$15 a day). At the pace of the last 3 days (+0.004% in total) that is about 9 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.004% in total (about 0.4% 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 | Pacifica TAO | 312.67 | 0.0285 | pay 0.0036% / 1h | 30m 25s | $369K | $381K | 10x |
| Short | Variational Omni TAO | 311.95 | 0.0774 | get 0.0387% / 4h | 2h 30m | $5.4M | $8.8M | — |
Pacifica TAO
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Pacifica. 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
- $102.54
- Price spread: −0.232% → +0.052%
- −$28.39
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $66.15
- Costs to cover
- 0.080%
- Break-even
- 2.5 days
Slippage unknown: Pacifica: live order book, 38 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 Pacifica live order book, 38 min ago | 3.00 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.89 bp | doesn't fit | 19.1 bp −$191 | doesn't fit | doesn't fit |
TAO on 42 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 | 312.02 | −0.210% | $125K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0002% | 1h | 312.32 | −0.112% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 312.70 | +0.009% | $38K | $623K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.70 | +0.009% | $89.7M | $462.7M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 312.70 | +0.009% | $25.7M | $110.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 312.50 | −0.055% | $12.7M | $50.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.78 | +0.034% | $107.6M | $138.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.58 | −0.030% | $18.0M | $30.0M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.06 | +0.124% | $34.9M | $53.3M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 308.62 | −1.297% | $34K | $299K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 310.29 | −0.763% | $511K | $966K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 308.66 | −1.283% | $46K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 312.53 | −0.046% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.50 | −0.055% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.15 | −0.487% | $128K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.48 | −0.060% | $172K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0122% | 8h | 312.56 | −0.036% | $1K | $692K | 5x | as long as short |
| Phemex TAOUSDT | +0.0135% | 4h | 311.89 | −0.250% | $3.4M | $8.0M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0158% | 1h | 312.89 | +0.070% | $82K | $678K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0169% | 1h | 313.10 | +0.135% | $5.6M | $20.4M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0169% / S +0.0090% | 1h | 312.34 | −0.107% | $437K | — | 100x | as long as short |
| Aster TAOUSDT | +0.0213% | 4h | 312.59 | −0.026% | $1.3M | $9.4M | 50x | as long as short |
| Bullet TAO-USD | +0.0222% | 1h | 312.73 | +0.018% | $12K | $17K | 20x | as long as short |
| Pacifica TAOlong | +0.0285% | 1h | 312.67 | long leg | $369K | $381K | 10x | |
| Paradex TAO-USD-PERP | +0.0310% | 8h | 312.39 | −0.089% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 312.86 | +0.060% | $98K | $534K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 312.28 | −0.126% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0534% | 1h | 312.81 | +0.046% | $776K | $2.1M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0553% | 1h | 313.11 | +0.138% | $24K | $1.5M | 25x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 309.20 | −1.111% | $323K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0648% | 1h | 312.95 | +0.089% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 312.85 | +0.057% | $360 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0708% | 4h | 312.72 | +0.015% | — | $31.0M | — | as long as short |
| Variational Omni TAOshort | +0.0774% | 4h | 311.95 | −0.232% | $5.4M | $8.8M | — | |
| Bybit TAOUSDT | +0.0796% | 4h | 312.89 | +0.070% | $65.1M | $137.1M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0868% | 1h | 312.54 | −0.042% | $316K | $814K | 10x | as long as short |
| Extended TAO-USD | +0.0920% | 1h | 313.26 | +0.188% | $898K | $2.3M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 312.04 | −0.202% | $1.5M | $6.4M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 312.63 | −0.014% | $447K | $631K | 5x | as long as short |
| Hyperliquid TAO | +0.1211% | 1h | 313.19 | +0.166% | $98.7M | $94.4M | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 312.71 | +0.011% | $1.6M | $6.0M | 5x | as long as short |
| Bulk TAO-USD | +0.4286% | 1h | 309.11 | −1.140% | $164K | $40K | 10x | as long as short |
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Phemex TAOUSDT
Polymarket Perps TAO-USD
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Bullet TAO-USD
Paradex TAO-USD-PERP
Arcus TAO-USD
Injective TAO/USDC PERP
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD