TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Variational Omni+1.254%7-day average −0.036% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days−1.250%−$125 · spread now +1.254%, 7d avg −0.036%

Together, before fees−1.250%+ Points / potential airdropVariational Omni: Active · farm board−$125 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 1.290% dearer against Variational Omni than usual: you sell high and buy low (spread +1.254% now, against its 7-day average of −0.036%): +$129 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TAO	310.79	0.0136	pay 0.0068% / 4h	57m 01s	$3.8M	$6.8M	—
Short	BingX TAO-USDT	314.69	0.0100	get 0.0050% / 4h	57m 01s	—	$30.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BingXbpOrdersPrice spread, now +1.254%Rate

Funding earned: −$7.52
Price spread: +1.254% → −0.036%: $128.96
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $111.44
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BingX: live order book, 7 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 Variational Omni RFQ quote, 2 min ago	2.88 bp	doesn't fit	10.4 bp −$104	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	1.13 bp	6.3 bp −$6	10.8 bp −$108	27.0 bp −$2,697	60.3 bp −$30.2K

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
Bulk TAO-USD	−0.1120%	1h	305.94	−1.562%	$164K	$52K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	313.75	+0.952%	$125K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	313.95	+1.014%	$21K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	308.73	−0.664%	$22K	$259	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	314.12	+1.070%	$40K	$547K	20x	as long as short
Pacifica TAO	+0.0100%	1h	313.96	+1.018%	$371K	$370K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.59	+1.222%	$88.6M	$419.1M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	314.69	+1.254%	$61.4M	$122.6M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	314.60	+1.225%	$25.3M	$99.7M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	314.60	+1.225%	$12.6M	$48.4M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	314.60	+1.225%	$120.3M	$125.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	314.17	+1.087%	$19.0M	$27.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	314.41	+1.164%	$35.1M	$45.8M	50x	as long as short
BingX TAO-USDTshort	+0.0100%	4h	314.69	+1.254%	—	$30.3M	—
edgeX TAOUSDC	+0.0100%	4h	313.23	+0.785%	$41K	$278K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	311.77	+0.314%	$515K	$950K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	313.04	+0.723%	$47K	$269K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	314.23	+1.106%	$60K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	314.07	+1.054%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.23	+1.106%	$126K	$389K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	314.03	+1.042%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.38	+1.154%	$173K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	314.22	+1.103%	$831	$528K	5x	as long as short
Variational Omni TAOlong	+0.0136%	4h	310.79	long leg	$3.8M	$6.8M	—
Bullet TAO-USD	+0.0169%	1h	314.18	+1.090%	$12K	$17K	20x	as long as short
Arcus TAO-USD	+0.0186%	1h	314.18	+1.090%	$81K	$644K	5x	as long as short
Paradex TAO-USD-PERP	+0.0189%	8h	313.92	+1.006%	$14K	$1K	10x	as long as short
Aster TAOUSDT	+0.0209%	4h	314.68	+1.251%	$1.1M	$7.8M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0226%	1h	314.14	+1.078%	$20K	$1.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.25	+1.112%	$4.3M	$9.8M	100x	as long as short
Polymarket Perps TAO-USD	+0.0374%	1h	314.63	+1.235%	$77K	$548K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0447%	1h	314.22	+1.103%	$5.8M	$19.7M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0477% / S −0.0175%	1h	313.89	+0.997%	$450K	—	100x	as long as short
Nado TAO-PERP	+0.0504%	1h	314.47	+1.184%	$865K	$2.0M	10x	as long as short
Phoenix TAO	+0.0521%	1h	313.80	+0.968%	$328K	$521K	5x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	314.16	+1.084%	$361	—	20x	as long as short
Backpack TAO_USDC_PERP	+0.0741%	1h	314.30	+1.128%	$301K	$797K	10x	as long as short
Extended TAO-USD	+0.0768%	1h	314.53	+1.204%	$851K	$2.1M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	314.62	+1.231%	$1.5M	$5.7M	50x	as long as short
01 Exchange TAOUSD	+0.1104%	1h	314.75	+1.273%	$3K	$4K	5x	as long as short
RISEx TAO/USDC	+0.1238%	1h	314.07	+1.053%	$432K	$537K	5x	as long as short
Lighter TAO	+0.1288%	1h	314.57	+1.215%	$1.6M	$5.7M	5x	as long as short
Hyperliquid TAO	+0.2427%	1h	314.95	+1.338%	$98.2M	$82.4M	5x	as long as short