Funding you earn now, next payment 08:00 UTC−0.0271%/8h= −29.7% APRnext payment −$1.36 per $10,000 · paid last 24h −0.021%
Price spread now: HTX against Variational Omni−0.540%7-day average −0.152% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)+0.371%+$37 · spread now −0.540%, 7d avg −0.152%
=Together, before fees+0.326%+ Points / potential airdropVariational Omni: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and HTX is 0.388% cheaper against Variational Omni than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.152%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.045% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.36 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 | 312.91 | 0.0371 | pay 0.0186% / 4h | 2h 53m | $5.5M | $10.1M | — |
| Short | HTX TAO-USDT | 311.22 | 0.0100 | get 0.0050% / 4h | 2h 53m | $111K | $545K | 20x |
Variational Omni TAO
HTX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$56.96
- Price spread: −0.540% → −0.152%
- −$38.8
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$107.76
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; HTX: live order book, 60 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 | 10.6 bp −$106 | 27.9 bp −$2,788 | doesn't fit |
| Sell HTX live order book, 60 min ago | 14.04 bp | 94.9 bp −$95 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 311.75 | −0.372% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.55 | −0.435% | $20K | — | 150x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 311.83 | −0.345% | $638 | $877K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 312.05 | −0.275% | $89.2M | $504.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.80 | −0.355% | $26.1M | $121.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 311.60 | −0.419% | $13.4M | $50.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 312.05 | −0.275% | $103.9M | $144.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.94 | −0.310% | $17.4M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.66 | −0.400% | $35.1M | $56.9M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.84 | −0.023% | $41K | $313K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 311.39 | −0.486% | $81K | $907K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.41 | −0.479% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDTshort | +0.0100% | 4h | 311.22 | −0.540% | $111K | $545K | 20x | |
| Aevo TAO-PERP | +0.0104% | 1h | 311.85 | −0.339% | $171K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0118% | 4h | 311.89 | −0.326% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0133% / S +0.0136% | 1h | 311.44 | −0.469% | $417K | — | 100x | as long as short |
| Aster TAOUSDT | +0.0134% | 4h | 311.98 | −0.297% | $1.3M | $10.5M | 50x | as long as short |
| Popdex TAOUSDT | +0.0192% | 1h | 311.52 | −0.444% | $48K | $662K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0204% | 4h | 313.11 | +0.062% | $532K | $942K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0206% | 8h | 311.95 | −0.306% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 312.12 | −0.251% | $355K | $419K | 10x | as long as short |
| Bulk TAO-USD | +0.0253% | 1h | 311.89 | −0.326% | $166K | $333 | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0306% | 1h | 311.74 | −0.372% | $5.5M | $20.7M | 50x | as long as short |
| Bullet TAO-USD | +0.0314% | 1h | 311.86 | −0.336% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.87 | −0.332% | $4.5M | $10.8M | 100x | as long as short |
| Bybit TAOUSDT | +0.0345% | 4h | 312.00 | −0.291% | $67.5M | $151.2M | 50x | as long as short |
| BingX TAO-USDT | +0.0348% | 4h | 311.90 | −0.323% | — | $33.7M | — | as long as short |
| Extended TAO-USD | +0.0368% | 1h | 311.79 | −0.359% | $903K | $2.4M | 25x | as long as short |
| Variational Omni TAOlong | +0.0371% | 4h | 312.91 | long leg | $5.5M | $10.1M | — | |
| Nado TAO-PERP | +0.0384% | 1h | 311.45 | −0.467% | $774K | $2.2M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0418% | 1h | 311.84 | −0.341% | $11K | $1.8M | 25x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 312.80 | −0.035% | $311K | $713K | 5x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 312.05 | −0.275% | $100K | $370K | 5x | as long as short |
| Phemex TAOUSDT | +0.0561% | 4h | 311.96 | −0.304% | $3.1M | $7.9M | 50x | as long as short |
| Hyperliquid TAO | +0.0663% | 1h | 312.26 | −0.207% | $91.4M | $108.2M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 311.61 | −0.415% | $358 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0744% | 1h | 312.23 | −0.217% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0752% | 1h | 312.27 | −0.203% | $1.5M | $6.5M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0826% | 1h | 311.90 | −0.323% | $310K | $885K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 312.88 | −0.010% | $1.5M | $6.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 311.97 | −0.300% | $446K | $649K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.1940% | 1h | 312.51 | −0.128% | $46K | $254K | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 315.73 | +0.901% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Popdex TAOUSDT
GRVT TAO_USDT_Perp
Paradex TAO-USD-PERP
Pacifica TAO
Bulk TAO-USD
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
Bybit TAOUSDT
BingX TAO-USDT
Extended TAO-USD
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Arcus TAO-USD
Phemex TAOUSDT
Hyperliquid TAO
Reya TAORUSDPERP
01 Exchange TAOUSD
Lighter TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
ApeX Omni TAOUSDT
Injective TAO/USDC PERP