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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.029%
Price spread now: dYdX against Variational Omni−0.852%7-day average −0.108% · 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)+0.163%+$16 on $10k
Price spread, last 4 days (all we have)+0.526%+$53 · spread now −0.852%, 7d avg −0.108%
Together, before fees+0.689%+ Points / potential airdropVariational Omni: Active · farm board+$69 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.745% cheaper against Variational Omni than usual: you would sell low and buy high (−$74 if the spread goes back to its 7-day average of −0.108%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.163%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TAO307.530.0100pay 0.0050% / 4h2h 27m$3.6M$6.5M
ShortdYdX TAO-USD304.910get 0.0000% / 1h27m 18s$128K$84K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$21
Price spread: −0.852% → −0.108%
−$74.46
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$105.46
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; dYdX: live order book, 61 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 Variational Omni RFQ quote, 2 min ago3.05 bpdoesn't fit16.5 bp −$165doesn't fitdoesn't fit
Sell dYdX live order book, 61 min ago45.10 bp50.1 bp −$5062.6 bp −$626178.8 bp −$17.9K424.9 bp −$212.4K

TAO on 43 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-USDshort0.0000%1h304.91−0.852%$128K$84K5x
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h304.95−0.840%$19K150xas long as short
Deribit TAO_USDC-PERPETUAL+0.0041%1h305.12−0.785%$15K$1.3M25xas long as short
Popdex TAOUSDT+0.0096%1h305.14−0.778%$41K$525K20xas long as short
Pacifica TAO+0.0100%1h305.19−0.761%$361K$401K10xas long as short
Binance TAOUSDT+0.0100%4h305.07−0.800%$85.3M$403.1M75xas long as short
Bybit TAOUSDT+0.0100%4h305.13−0.781%$58.9M$118.2M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h305.10−0.791%$25.0M$92.2M50xas long as short
Arcus TAO-USD+0.0100%1h305.56−0.641%$136K$596K5xas long as short
Bulk TAO-USD+0.0100%1h307.07−0.150%$201K$57K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TAO_USDT+0.0100%4h304.90−0.856%$12.1M$48.1M50xas long as short
MEXC TAO_USDT+0.0100%4h305.04−0.810%$112.8M$123.6M300xas long as short
KuCoin TAOUSDTM+0.0100%4h305.02−0.817%$18.4M$26.4M75xas long as short
Bitget TAOUSDT+0.0100%4h304.87−0.865%$34.2M$44.4M50xas long as short
BingX TAO-USDT+0.0100%4h305.10−0.791%$30.4Mas long as short
Variational Omni TAOlong+0.0100%4h307.53long leg$3.6M$6.5M
edgeX TAOUSDC+0.0100%4h307.34−0.063%$40K$278K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h307.77+0.077%$539K$967K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h307.19−0.111%$46K$267K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h305.21−0.755%$86K$668K5xas long as short
Bullet TAO-USD+0.0100%1h305.09−0.795%$12K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h305.03−0.813%$58K$276K10xas long as short
SunX TAO-USDT+0.0100%4h304.95−0.839%$1K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h304.97−0.833%$120K$352K20xas long as short
Phemex TAOUSDT+0.0100%4h304.93−0.846%$3.2M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h305.17−0.766%$168K$9983xas long as short
Katana Perps TAO-USD+0.0112%8h305.14−0.778%$3K$434K5xas long as short
Aster TAOUSDT+0.0151%4h305.07−0.800%$1.1M$7.5M50xas long as short
Paradex TAO-USD-PERP+0.0162%8h305.08−0.796%$14K$1K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h304.92−0.848%$435K100xas long as short
Phoenix TAO+0.0234%1h305.60−0.628%$324K$462K5xas long as short
Nado TAO-PERP+0.0311%1h305.03−0.812%$833K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h306.14−0.452%$4.2M$9.4M100xas long as short
01 Exchange TAOUSD+0.0520%1h305.41−0.690%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0694%1h305.11−0.788%$35120xas long as short
Extended TAO-USD+0.0696%1h305.02−0.817%$897K$2.0M25xas long as short
Lighter TAO+0.0912%1h305.45−0.675%$1.6M$4.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h306.30−0.400%$1.5M$5.3M50xas long as short
Kraken Futures PF_TAOUSD+0.1032%1h305.33−0.717%$6.3M$19.5M50xas long as short
RISEx TAO/USDC+0.1053%1h305.26−0.737%$408K$535K5xas long as short
Backpack TAO_USDC_PERP+0.1222%1h305.26−0.739%$441K$715K10xas long as short
Hyperliquid TAO+0.1708%1h305.73−0.586%$93.2M$76.0M5xas long as short
Injective TAO/USDC PERP+0.4876%1h305.96−0.511%$22K$17112xas long as short