TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Variational Omni+0.414%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.414% dearer against Variational Omni than usual: you sell high and buy low (spread +0.414% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TAO	305.90	0.0100	pay 0.0050% / 4h	2h 24m	$3.6M	$6.5M	—
Short	gTrade (Gains Network) TAO/USD	307.17	L +0.0004% / S −0.0006%	get 0.0001% / 1h	24m 18s	$26K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.414%Rate

Funding earned: −$19.66
Price spread: +0.414% → 0.000%: $41.41
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $11.75
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; gTrade (Gains Network): no order-book sample. 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, 5 min ago	3.05 bp	doesn't fit	16.5 bp −$165	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX TAO-USD	0.0000%	1h	306.93	+0.337%	$129K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USDshort	L +0.0004% / S −0.0006%	1h	307.17	+0.414%	$26K	—	150x
Deribit TAO_USDC-PERPETUAL	+0.0007%	1h	307.32	+0.466%	$15K	$1.3M	25x	as long as short
Popdex TAOUSDT	+0.0096%	1h	307.03	+0.370%	$42K	$526K	20x	as long as short
Pacifica TAO	+0.0100%	1h	307.21	+0.428%	$363K	$401K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	307.25	+0.442%	$85.8M	$403.6M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	307.28	+0.451%	$59.3M	$118.3M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	307.40	+0.491%	$25.4M	$93.2M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	307.51	+0.527%	$137K	$598K	5x	as long as short
Bulk TAO-USD	+0.0100%	1h	307.07	+0.383%	$201K	$57K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TAO_USDT	+0.0100%	4h	307.10	+0.393%	$12.2M	$48.1M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	307.11	+0.396%	$114.1M	$123.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	307.06	+0.379%	$18.5M	$26.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	307.10	+0.393%	$34.4M	$44.4M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	307.29	+0.455%	—	$30.5M	—	as long as short
Variational Omni TAOlong	+0.0100%	4h	305.90	long leg	$3.6M	$6.5M	—
edgeX TAOUSDC	+0.0100%	4h	305.13	−0.253%	$39K	$276K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	305.16	−0.243%	$535K	$967K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	304.90	−0.327%	$46K	$267K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	307.37	+0.481%	$77K	$675K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	307.22	+0.432%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	307.22	+0.432%	$59K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	307.15	+0.409%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	307.25	+0.442%	$121K	$353K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	306.76	+0.281%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	307.72	+0.595%	$169K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0112%	8h	307.10	+0.393%	$1K	$437K	5x	as long as short
Aster TAOUSDT	+0.0162%	4h	307.26	+0.445%	$1.1M	$7.5M	50x	as long as short
Paradex TAO-USD-PERP	+0.0165%	8h	307.10	+0.393%	$14K	$1K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	307.10	+0.393%	$438K	—	100x	as long as short
Phoenix TAO	+0.0234%	1h	305.60	−0.098%	$324K	$462K	5x	as long as short
Nado TAO-PERP	+0.0297%	1h	307.02	+0.367%	$840K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	306.84	+0.308%	$4.3M	$9.4M	100x	as long as short
01 Exchange TAOUSD	+0.0520%	1h	307.39	+0.487%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0694%	1h	307.32	+0.464%	$353	—	20x	as long as short
Extended TAO-USD	+0.0696%	1h	307.29	+0.455%	$902K	$2.0M	25x	as long as short
Lighter TAO	+0.0920%	1h	307.46	+0.510%	$1.7M	$4.8M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	308.04	+0.700%	$1.5M	$5.4M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.1025%	1h	307.54	+0.535%	$6.3M	$19.3M	50x	as long as short
RISEx TAO/USDC	+0.1053%	1h	307.23	+0.435%	$414K	$537K	5x	as long as short
Backpack TAO_USDC_PERP	+0.1157%	1h	307.02	+0.366%	$443K	$715K	10x	as long as short
Hyperliquid TAO	+0.1732%	1h	307.79	+0.618%	$94.2M	$75.7M	5x	as long as short
Injective TAO/USDC PERP	+0.4876%	1h	305.96	+0.020%	$22K	$171	12x	as long as short