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

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Variational Omni+0.602%7-day average −0.076% · you sell dearer than you buy
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)−0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.796%−$80 · spread now +0.602%, 7d avg −0.076%
Together, before fees−0.797%+ Points / potential airdropVariational Omni: Active · farm board−$80 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.678% dearer against Variational Omni than usual: you sell high and buy low: +$68 more if the spread goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TAO305.770.0100pay 0.0050% / 4h2h 34m$3.6M$6.7M
ShortPolymarket Perps TAO-USD307.610.0127get 0.0016% / 1h34m 08s$86K$669K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$5.76
Price spread: +0.602% → −0.076%
$67.83
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$65.59
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Polymarket Perps: live order book, 53 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, 5 min ago2.88 bpdoesn't fit16.8 bp −$168doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 53 min ago3.04 bp8.0 bp −$88.2 bp −$82doesn't fitdoesn't fit

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-USD0.0000%1h307.25+0.484%$129K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h307.46+0.552%$20K150xas long as short
Popdex TAOUSDT+0.0096%1h307.51+0.569%$41K$526K20xas long as short
Pacifica TAO+0.0100%1h307.48+0.561%$363K$400K10xas long as short
Binance TAOUSDT+0.0100%4h307.14+0.448%$86.1M$401.2M75xas long as short
Bybit TAOUSDT+0.0100%4h307.23+0.478%$59.1M$117.4M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h307.10+0.435%$25.0M$92.6M50xas long as short
Arcus TAO-USD+0.0100%1h307.62+0.605%$137K$594K5xas long as short
Gate TAO_USDT+0.0100%4h307.20+0.468%$12.1M$47.8M50xas long as short
MEXC TAO_USDT+0.0100%4h307.25+0.484%$113.1M$122.7M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h307.30+0.501%$18.5M$26.4M75xas long as short
Bitget TAOUSDT+0.0100%4h307.00+0.402%$34.4M$44.4M50xas long as short
BingX TAO-USDT+0.0100%4h307.30+0.501%$30.4Mas long as short
Variational Omni TAOlong+0.0100%4h305.77long leg$3.6M$6.7M
edgeX TAOUSDC+0.0100%4h305.09−0.224%$39K$276K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h305.96+0.061%$536K$967K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h305.64−0.042%$46K$268K50xas long as short
Bullet TAO-USD+0.0100%1h307.61+0.603%$12K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h307.46+0.553%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h307.15+0.452%$1K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h307.36+0.520%$121K$351K20xas long as short
Phemex TAOUSDT+0.0100%4h307.16+0.455%$3.3M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h307.44+0.546%$169K$9983xas long as short
Katana Perps TAO-USD+0.0113%8h307.63+0.609%$879$428K5xas long as short
Polymarket Perps TAO-USDshort+0.0127%1h307.61+0.602%$86K$669K5x
Aster TAOUSDT+0.0140%4h307.22+0.473%$1.1M$7.5M50xas long as short
Paradex TAO-USD-PERP+0.0167%8h307.51+0.570%$14K$1K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h307.46+0.553%$439K100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0189%1h307.41+0.538%$14K$1.3M25xas long as short
Phoenix TAO+0.0234%1h306.20+0.141%$324K$462K5xas long as short
Nado TAO-PERP+0.0251%1h307.53+0.577%$852K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h306.55+0.255%$4.3M$9.4M100xas long as short
01 Exchange TAOUSD+0.0520%1h308.12+0.769%$3K$4K5xas long as short
Bulk TAO-USD+0.0668%1h304.81−0.314%$200K$57K10xas long as short
Reya TAORUSDPERP+0.0694%1h307.52+0.574%$35420xas long as short
Extended TAO-USD+0.0696%1h307.29+0.496%$877K$1.9M25xas long as short
Lighter TAO+0.0888%1h307.80+0.663%$1.6M$4.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h307.40+0.533%$1.5M$5.4M50xas long as short
Kraken Futures PF_TAOUSD+0.1025%1h307.54+0.579%$6.3M$19.5M50xas long as short
RISEx TAO/USDC+0.1053%1h307.73+0.640%$412K$537K5xas long as short
Backpack TAO_USDC_PERP+0.1295%1h307.71+0.635%$471K$683K10xas long as short
Hyperliquid TAO+0.1674%1h307.93+0.707%$93.8M$75.6M5xas long as short
Injective TAO/USDC PERP+0.4876%1h308.62+0.932%$22K$13812xas long as short