Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0623%/8h= +68.2% APRpaid last 24h +0.004%
Price spread now: Variational Omni against Polymarket Perps−0.793%7-day average +0.064% · you buy dearer than you sell
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)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+1.153%+$115 · spread now −0.793%, 7d avg +0.064%
Together, before fees+1.158%+ Points / potential airdropVariational Omni: Active · farm board+$116 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.857% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.793% now, against its 7-day average of +0.064%). If the spread goes back, that is −$86 on $10k: about 4.6 days of funding at the current rate (+$19 a day). At the pace of the last 3 days (+0.006% in total) that is about 17 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.006% in total (about 0.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TAO-USD314.440.0151pay 0.0019% / 1h27m 25s$82K$679K5x
ShortVariational Omni TAO311.950.0774get 0.0387% / 4h2h 27m$5.4M$8.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. 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
$130.8
Price spread: −0.793% → +0.064%
−$85.7
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$37.1
Costs to cover
0.080%
Break-even
5.0 days
Slippage unknown: Polymarket Perps: live order book, 40 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 Polymarket Perps live order book, 40 min ago2.84 bp6.8 bp −$77.3 bp −$73doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.88 bpdoesn't fit22.6 bp −$226doesn't fitdoesn't fit

TAO on 42 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
dYdX TAO-USD0.0000%1h314.00−0.140%$126K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0002%1h314.22−0.071%$12K150xas long as short
Popdex TAOUSDT+0.0096%1h314.00−0.140%$39K$626K20xas long as short
Binance TAOUSDT+0.0100%4h314.49+0.017%$90.1M$464.0M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h314.40−0.013%$25.8M$111.8M50xas long as short
Gate TAO_USDT+0.0100%4h314.30−0.045%$12.8M$50.2M50xas long as short
MEXC TAO_USDT+0.0100%4h314.53+0.029%$108.9M$138.6M300xas long as short
KuCoin TAOUSDTM+0.0100%4h314.47+0.010%$18.1M$30.1M75xas long as short
Bitget TAOUSDT+0.0100%4h314.18−0.083%$35.0M$53.3M50xas long as short
edgeX TAOUSDC+0.0100%4h312.67−0.562%$35K$298K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni TAOUSDT+0.0100%1h313.06−0.439%$47K$256K50xas long as short
Orderly PERP_TAO_USDC+0.0100%4h314.54+0.032%$57K$282K10xas long as short
SunX TAO-USDT+0.0100%4h314.08−0.114%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h313.25−0.378%$128K$471K20xas long as short
Phemex TAOUSDT+0.0100%4h313.84−0.191%$3.4M$8.0M50xas long as short
Aevo TAO-PERP+0.0104%1h314.23−0.068%$173K$9983xas long as short
GRVT TAO_USDT_Perp+0.0116%4h313.32−0.357%$516K$966K10xas long as short
Katana Perps TAO-USD+0.0121%8h314.17−0.086%$1K$700K5xas long as short
Polymarket Perps TAO-USDlong+0.0151%1h314.44long leg$82K$679K5x
Kraken Futures PF_TAOUSD+0.0168%1h314.06−0.122%$5.5M$20.5M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0169% / S +0.0090%1h313.73−0.225%$437K100xas long as short
Bullet TAO-USD+0.0224%1h314.52+0.025%$12K$17K20xas long as short
Aster TAOUSDT+0.0231%4h314.09−0.110%$1.3M$9.4M50xas long as short
Pacifica TAO+0.0285%1h314.14−0.095%$369K$381K10xas long as short
Paradex TAO-USD-PERP+0.0325%8h314.42−0.006%$14K$1K10xas long as short
Arcus TAO-USD+0.0337%1h314.27−0.054%$99K$529K5xas long as short
Injective TAO/USDC PERP+0.0470%1h312.28−0.687%$23K$2K12xas long as short
Nado TAO-PERP+0.0515%1h314.38−0.021%$779K$2.1M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0567%1h314.17−0.085%$24K$1.5M25xas long as short
Phoenix TAO+0.0588%1h312.30−0.681%$326K$681K5xas long as short
01 Exchange TAOUSD+0.0648%1h314.34−0.032%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0696%1h314.43−0.005%$36220xas long as short
BingX TAO-USDT+0.0760%4h314.58+0.045%$31.0Mas long as short
Variational Omni TAOshort+0.0774%4h311.95−0.793%$5.4M$8.8M
Bybit TAOUSDT+0.0822%4h314.74+0.095%$65.9M$137.5M50xas long as short
Backpack TAO_USDC_PERP+0.0890%1h314.37−0.022%$318K$814K10xas long as short
Extended TAO-USD+0.0904%1h314.04−0.129%$898K$2.3M25xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h315.00+0.178%$1.5M$6.5M50xas long as short
RISEx TAO/USDC+0.1132%1h314.19−0.079%$449K$630K5xas long as short
Hyperliquid TAO+0.1225%1h314.87+0.137%$99.4M$94.7M5xas long as short
Lighter TAO+0.1424%1h314.77+0.105%$1.6M$6.0M5xas long as short
Bulk TAO-USD+0.4286%1h309.11−1.696%$164K$40K10xas long as short