Funding you earn now, next payment 04:00 UTC−0.0241%/8h= −26.4% APRnext payment −$1.20 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Variational Omni+0.739%7-day average −0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.007%−$1 on $10k
+Price spread, last 7 days−0.728%−$73 · spread now +0.739%, 7d avg −0.037%
=Together, before fees−0.735%+ Points / potential airdropVariational Omni: Active · farm board−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.776% dearer against Variational Omni than usual: you sell high and buy low (spread +0.739% now, against its 7-day average of −0.037%): +$78 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 3 days (−0.007% in total) that is about 13 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.007% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TAO | 319.24 | 0.0341 | pay 0.0170% / 4h | 3h 42m | $5.5M | $8.6M | — |
| Short | Gate TAO_USDT | 321.60 | 0.0100 | get 0.0050% / 4h | 3h 42m | $13.1M | $50.0M | 50x |
Variational Omni TAO
Gate TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.6
- Price spread: +0.739% → −0.037%
- $77.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $12.03
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Gate: live order book, 2 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 | 3.19 bp | doesn't fit | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.55 bp | 16.1 bp −$16 | 44.5 bp −$445 | 74.5 bp −$7,450 | 120.3 bp −$60.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | −0.1640% | 4h | 321.47 | +0.698% | $3.5M | $7.9M | 50x | as long as short |
| Bulk TAO-USD | −0.0882% | 1h | 320.07 | +0.260% | $170K | $44K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 321.66 | +0.758% | $129K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 321.55 | +0.724% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 321.75 | +0.786% | $42K | $583K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 321.75 | +0.788% | $93.0M | $442.5M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 321.70 | +0.770% | $26.3M | $108.4M | 50x | as long as short |
| Gate TAO_USDTshort | +0.0100% | 4h | 321.60 | +0.739% | $13.1M | $50.0M | 50x | |
| MEXC TAO_USDT | +0.0100% | 4h | 321.73 | +0.780% | $107.6M | $132.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 321.57 | +0.730% | $18.8M | $28.5M | 75x | as long as short |
Phemex TAOUSDT
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
MEXC TAO_USDT
KuCoin TAOUSDTMShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 321.82 | +0.808% | $35.9M | $49.4M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 320.03 | +0.246% | $37K | $290K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 320.32 | +0.338% | $49K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 321.84 | +0.814% | $58K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 321.70 | +0.770% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 321.62 | +0.745% | $129K | $423K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0101% | 8h | 321.95 | +0.849% | $659 | $605K | 5x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 322.19 | +0.924% | $177K | $998 | 3x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0089% | 1h | 321.56 | +0.727% | $467K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 322.08 | +0.889% | $381K | $373K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 322.06 | +0.883% | $85K | $545K | 5x | as long as short |
| Bullet TAO-USD | +0.0218% | 1h | 321.86 | +0.820% | $12K | $18K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0222% | 4h | 321.18 | +0.607% | $532K | $958K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0240% | 8h | 321.95 | +0.848% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0259% | 4h | 321.82 | +0.808% | $1.1M | $8.1M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0286% | 1h | 321.83 | +0.812% | $23K | $1.5M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 322.28 | +0.952% | $4.5M | $10.9M | 100x | as long as short |
| Variational Omni TAOlong | +0.0341% | 4h | 319.24 | long leg | $5.5M | $8.6M | — | |
| Polymarket Perps TAO-USD | +0.0403% | 1h | 321.80 | +0.802% | $95K | $637K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0476% | 1h | 321.75 | +0.785% | $5.8M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 319.70 | +0.144% | $335K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 320.76 | +0.476% | $23K | $651 | 12x | as long as short |
| Bybit TAOUSDT | +0.0592% | 4h | 321.97 | +0.855% | $66.5M | $130.9M | 50x | as long as short |
| BingX TAO-USDT | +0.0622% | 4h | 321.83 | +0.811% | — | $30.8M | — | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 321.63 | +0.749% | $370 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0741% | 1h | 321.70 | +0.770% | $895K | $2.0M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0752% | 1h | 322.08 | +0.889% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0984% | 1h | 321.70 | +0.770% | $324K | $820K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 322.30 | +0.958% | $1.5M | $6.1M | 50x | as long as short |
| Extended TAO-USD | +0.1112% | 1h | 321.92 | +0.838% | $943K | $2.2M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 321.99 | +0.861% | $426K | $595K | 5x | as long as short |
| Lighter TAO | +0.1560% | 1h | 322.64 | +1.066% | $1.7M | $5.9M | 5x | as long as short |
| Hyperliquid TAO | +0.2772% | 1h | 322.35 | +0.974% | $104.8M | $90.0M | 5x | as long as short |
Bitget TAOUSDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Aevo TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Bullet TAO-USD
GRVT TAO_USDT_Perp
Paradex TAO-USD-PERP
Aster TAOUSDT
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Polymarket Perps TAO-USD
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
Bybit TAOUSDT
BingX TAO-USDT
Reya TAORUSDPERP
Nado TAO-PERP
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO