TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0740%/8h= +81.1% APRpaid last 24h +0.215%

Price spread now: Coinbase International against Variational Omni+0.527%7-day average +0.123% · you sell dearer than you buy

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

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.452%+$45 on $10k

Price spread, last 3 days (all we have)−0.367%−$37 · spread now +0.527%, 7d avg +0.123%

Together, before fees+0.085%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Coinbase International is 0.405% dearer against Variational Omni than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TAO	312.31	0.0220	pay 0.0110% / 4h	5m 18s	$3.9M	$7.1M	—
Short	Coinbase International TAO-PERP-INTX	313.96	0.0960	get 0.0120% / 1h	5m 18s	$1.5M	$5.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.527%Rate

Funding earned: $155.48
Price spread: +0.527% → +0.123%: $40.47
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $185.95
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 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 Variational Omni RFQ quote, 4 min ago	2.87 bp	doesn't fit	12.0 bp −$120	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	4.63 bp	10.9 bp −$11	16.0 bp −$160	doesn't fit	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	−0.2086%	1h	311.96	−0.113%	$167K	$47K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	311.75	−0.181%	$125K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0002%	1h	312.36	+0.015%	$27K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	312.08	−0.075%	$23K	$362	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	312.36	+0.015%	$37K	$566K	20x	as long as short
Pacifica TAO	+0.0100%	1h	312.16	−0.048%	$369K	$363K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	312.54	+0.072%	$88.7M	$429.1M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	312.81	+0.159%	$61.6M	$125.5M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.60	+0.092%	$25.1M	$101.8M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	312.30	−0.004%	$12.5M	$50.5M	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	312.55	+0.076%	$110.8M	$131.7M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	312.56	+0.079%	$18.8M	$27.8M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	312.56	+0.079%	$34.9M	$47.1M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	312.64	+0.105%	—	$30.5M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.07	+0.242%	$41K	$281K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	313.31	+0.320%	$524K	$952K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	312.86	+0.175%	$47K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	312.64	+0.105%	$76K	$450K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	312.62	+0.099%	$12K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	312.39	+0.025%	$60K	$275K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	311.87	−0.142%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	312.27	−0.014%	$127K	$417K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	312.47	+0.050%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	312.73	+0.134%	$172K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	312.24	−0.023%	$1K	$566K	5x	as long as short
Aster TAOUSDT	+0.0161%	4h	312.38	+0.021%	$1.1M	$7.9M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0071%	1h	312.36	+0.015%	$445K	—	100x	as long as short
Arcus TAO-USD	+0.0186%	1h	312.51	+0.063%	$83K	$545K	5x	as long as short
Paradex TAO-USD-PERP	+0.0192%	8h	311.99	−0.104%	$14K	$1K	10x	as long as short
Variational Omni TAOlong	+0.0220%	4h	312.31	long leg	$3.9M	$7.1M	—
BloFin TAO-USDT	+0.0340%	4h	312.71	+0.127%	$4.3M	$10.5M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0405%	1h	312.61	+0.096%	$20K	$1.5M	25x	as long as short
Nado TAO-PERP	+0.0442%	1h	312.44	+0.042%	$821K	$2.0M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0449%	1h	312.62	+0.097%	$5.7M	$19.8M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0526%	1h	312.66	+0.111%	$292K	$803K	10x	as long as short
Phoenix TAO	+0.0537%	1h	312.50	+0.060%	$327K	$521K	5x	as long as short
01 Exchange TAOUSD	+0.0592%	1h	312.63	+0.102%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	312.46	+0.046%	$359	—	20x	as long as short
Extended TAO-USD	+0.0856%	1h	312.68	+0.116%	$859K	$2.1M	25x	as long as short
Coinbase International TAO-PERP-INTXshort	+0.0960%	1h	313.96	+0.527%	$1.5M	$5.8M	50x
Lighter TAO	+0.1192%	1h	313.05	+0.237%	$1.6M	$5.8M	5x	as long as short
RISEx TAO/USDC	+0.1238%	1h	312.40	+0.030%	$413K	$585K	5x	as long as short
Hyperliquid TAO	+0.1586%	1h	313.03	+0.230%	$98.2M	$84.6M	5x	as long as short