Funding you earn now, next payment 00:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h +0.659%
Price spread now: Injective against Variational Omni−0.664%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 0.664% cheaper against Variational Omni than usual: you would sell low and buy high (−$66 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TAO | 310.79 | 0.0136 | pay 0.0068% / 4h | 56m 30s | $3.8M | $6.8M | — |
| Short | Injective TAO/USDC PERP | 308.73 | 0.0033 | get 0.0004% / 1h | 56m 30s | $22K | $259 | 12x |
Variational Omni TAO
Injective TAO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$21.52
- Price spread: −0.664% → 0.000%
- −$66.38
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$87.92
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Injective: 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, 3 min ago | 2.88 bp | doesn't fit | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.1120% | 1h | 305.94 | −1.562% | $164K | $52K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 314.07 | +1.054% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 313.95 | +1.014% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERPshort | +0.0033% | 1h | 308.73 | −0.664% | $22K | $259 | 12x | |
| Popdex TAOUSDT | +0.0096% | 1h | 313.87 | +0.990% | $40K | $548K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 314.59 | +1.222% | $372K | $370K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.77 | +0.957% | $88.4M | $419.0M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 314.30 | +1.128% | $61.4M | $122.7M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.10 | +1.064% | $25.3M | $99.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.20 | +1.096% | $12.6M | $48.4M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 314.43 | +1.170% | $120.4M | $125.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.55 | +1.209% | $19.1M | $27.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.91 | +1.003% | $35.1M | $45.8M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 314.15 | +1.080% | — | $30.3M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.23 | +0.785% | $41K | $278K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.77 | +0.314% | $515K | $950K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 313.04 | +0.723% | $47K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 314.23 | +1.106% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.07 | +1.054% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.23 | +1.106% | $126K | $389K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.03 | +1.042% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.38 | +1.154% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 314.27 | +1.119% | $1K | $528K | 5x | as long as short |
| Variational Omni TAOlong | +0.0136% | 4h | 310.79 | long leg | $3.8M | $6.8M | — | |
| Bullet TAO-USD | +0.0169% | 1h | 314.18 | +1.090% | $12K | $17K | 20x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 314.32 | +1.135% | $81K | $644K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0189% | 8h | 314.31 | +1.130% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0214% | 4h | 314.20 | +1.098% | $1.1M | $7.8M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0226% | 1h | 314.14 | +1.078% | $20K | $1.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.25 | +1.112% | $4.3M | $9.8M | 100x | as long as short |
| Polymarket Perps TAO-USD | +0.0374% | 1h | 314.63 | +1.235% | $77K | $548K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0447% | 1h | 314.22 | +1.103% | $5.8M | $19.7M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0477% / S −0.0175% | 1h | 313.89 | +0.997% | $450K | — | 100x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 313.80 | +0.968% | $328K | $521K | 5x | as long as short |
| Nado TAO-PERP | +0.0546% | 1h | 314.13 | +1.074% | $864K | $2.0M | 10x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 314.16 | +1.084% | $361 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0741% | 1h | 314.30 | +1.128% | $301K | $797K | 10x | as long as short |
| Extended TAO-USD | +0.0768% | 1h | 314.20 | +1.098% | $856K | $2.1M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 314.62 | +1.231% | $1.5M | $5.7M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.1072% | 1h | 314.45 | +1.177% | $3K | $4K | 5x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 314.29 | +1.125% | $433K | $537K | 5x | as long as short |
| Lighter TAO | +0.1288% | 1h | 314.77 | +1.279% | $1.7M | $5.7M | 5x | as long as short |
| Hyperliquid TAO | +0.2444% | 1h | 315.13 | +1.396% | $98.6M | $82.6M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Bullet TAO-USD
Arcus TAO-USD
Paradex TAO-USD-PERP
Aster TAOUSDT
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Polymarket Perps TAO-USD
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Phoenix TAO
Nado TAO-PERP
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
01 Exchange TAOUSD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO