TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0538%/8h= −58.9% APRnext payment −$2.69 per $10,000 · paid last 24h +0.065%

Price spread now: BloFin against Variational Omni−0.327%7-day average −0.026% · you buy dearer than you sell

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

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.233%+$23 on $10k

Price spread, last 4 days (all we have)+0.332%+$33 · spread now −0.327%, 7d avg −0.026%

Together, before fees+0.565%+ Points / potential airdropVariational Omni: Active · farm board+$57 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and BloFin is 0.301% cheaper against Variational Omni than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.026%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.233%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TAO	320.22	0.0878	pay 0.0439% / 4h	1h 38m	$5.9M	$9.7M	—
Short	BloFin TAO-USDT	319.17	0.0340	get 0.0170% / 4h	1h 38m	$4.5M	$10.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpOrdersPrice spread, now −0.327%Rate

Funding earned: −$112.88
Price spread: −0.327% → −0.026%: −$30.1
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$154.98
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; BloFin: live order book, 5 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, 1 min ago	2.87 bp	doesn't fit	11.8 bp −$118	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.31 bp	9.7 bp −$10	17.9 bp −$179	32.6 bp −$3,265	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
Bulk TAO-USD	−0.3652%	1h	316.49	−1.164%	$168K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	319.53	−0.215%	$128K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	318.31	−0.596%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.60	−0.193%	$45K	$657K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	319.67	−0.171%	$92.6M	$473.2M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	320.00	−0.068%	$26.4M	$117.2M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	319.80	−0.130%	$13.1M	$49.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	320.18	−0.012%	$107.3M	$139.4M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	319.94	−0.087%	$18.0M	$30.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	319.86	−0.112%	$35.7M	$54.0M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TAOUSDC	+0.0100%	4h	319.73	−0.152%	$36K	$300K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	319.01	−0.377%	$72K	$771K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.25	−0.302%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.81	−0.440%	$130K	$479K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	319.34	−0.274%	$3.4M	$7.8M	50x	as long as short
Orderly PERP_TAO_USDC	+0.0103%	4h	318.64	−0.493%	$58K	$282K	10x	as long as short
Aevo TAO-PERP	+0.0104%	1h	318.93	−0.403%	$175K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0117%	8h	319.80	−0.130%	$680	$759K	5x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0163% / S +0.0106%	1h	318.26	−0.610%	$433K	—	100x	as long as short
GRVT TAO_USDT_Perp	+0.0224%	4h	318.95	−0.395%	$526K	$955K	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0246%	1h	319.41	−0.252%	$5.6M	$20.5M	50x	as long as short
Bullet TAO-USD	+0.0303%	1h	318.38	−0.575%	$12K	$18K	20x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0307%	1h	319.33	−0.278%	$17K	$1.6M	25x	as long as short
Paradex TAO-USD-PERP	+0.0326%	8h	320.07	−0.047%	$15K	$1K	10x	as long as short
Aster TAOUSDT	+0.0328%	4h	319.68	−0.169%	$1.2M	$9.3M	50x	as long as short
BloFin TAO-USDTshort	+0.0340%	4h	319.17	−0.327%	$4.5M	$10.7M	100x
Pacifica TAO	+0.0448%	1h	320.13	−0.026%	$378K	$396K	10x	as long as short
Phoenix TAO	+0.0504%	1h	318.90	−0.411%	$333K	$707K	5x	as long as short
Arcus TAO-USD	+0.0509%	1h	320.42	+0.063%	$101K	$489K	5x	as long as short
Nado TAO-PERP	+0.0544%	1h	319.87	−0.108%	$775K	$2.1M	10x	as long as short
Bybit TAOUSDT	+0.0626%	4h	319.75	−0.146%	$68.2M	$140.3M	50x	as long as short
BingX TAO-USDT	+0.0642%	4h	320.01	−0.065%	—	$30.3M	—	as long as short
Reya TAORUSDPERP	+0.0696%	1h	319.11	−0.347%	$367	—	20x	as long as short
01 Exchange TAOUSD	+0.0784%	1h	320.26	+0.013%	$3K	$4K	5x	as long as short
Variational Omni TAOlong	+0.0878%	4h	320.22	long leg	$5.9M	$9.7M	—
ApeX Omni TAOUSDT	+0.0883%	1h	318.78	−0.449%	$47K	$253K	50x	as long as short
Lighter TAO	+0.0912%	1h	320.40	+0.058%	$1.6M	$6.3M	5x	as long as short
Extended TAO-USD	+0.0920%	1h	319.92	−0.093%	$938K	$2.3M	25x	as long as short
Backpack TAO_USDC_PERP	+0.1002%	1h	319.88	−0.105%	$440K	$860K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.1024%	1h	319.48	−0.230%	$1.5M	$6.5M	50x	as long as short
RISEx TAO/USDC	+0.1159%	1h	320.01	−0.063%	$455K	$627K	5x	as long as short
Hyperliquid TAO	+0.1394%	1h	320.42	+0.063%	$100.7M	$98.5M	5x	as long as short
Injective TAO/USDC PERP	+0.4172%	1h	319.69	−0.165%	$23K	$2K	12x	as long as short