Funding you earn now, next payment 12:00 UTC−0.0516%/8h= −56.5% APRnext payment −$2.58 per $10,000 · paid last 24h −0.046%
Price spread now: SunX against Variational Omni−0.175%7-day average −0.050% · 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)−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.175%, 7d avg −0.050%
=Together, before fees+0.142%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and SunX is 0.125% cheaper against Variational Omni than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.046% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.58 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 | 319.30 | 0.0616 | pay 0.0308% / 4h | 3h 18m | $5.6M | $10.0M | — |
| Short | SunX TAO-USDT | 318.74 | 0.0100 | get 0.0050% / 4h | 3h 18m | $1K | $1.9M | 20x |
Variational Omni TAO
SunX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$108.31
- Price spread: −0.175% → −0.050%
- −$12.55
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$128.85
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; SunX: live order book, 7 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 | 2.88 bp | doesn't fit | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 500.22 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0269% | 1h | 313.94 | −1.678% | $167K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 318.73 | −0.177% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.11 | −0.059% | $49K | $697K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 318.36 | −0.294% | $69.6M | $154.8M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.20 | −0.344% | $26.5M | $129.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.10 | −0.375% | $15.1M | $50.2M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.32 | −0.307% | $17.6M | $32.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.98 | −0.413% | $35.9M | $56.9M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.70 | −0.188% | $88K | $1.1M | 5x | as long as short |
| SunX TAO-USDTshort | +0.0100% | 4h | 318.74 | −0.175% | $1K | $1.9M | 20x |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 319.08 | −0.068% | $116K | $573K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.87 | −0.134% | $3.2M | $8.1M | 50x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 318.89 | −0.126% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0126% | 8h | 318.38 | −0.288% | $1K | $1.2M | 5x | as long as short |
| BingX TAO-USDT | +0.0152% | 4h | 318.31 | −0.310% | — | $38.8M | — | as long as short |
| edgeX TAOUSDC | +0.0153% | 4h | 319.28 | −0.007% | $42K | $321K | 10x | as long as short |
| MEXC TAO_USDT | +0.0164% | 4h | 318.28 | −0.319% | $111.0M | $153.7M | 300x | as long as short |
| Binance TAOUSDT | +0.0168% | 4h | 318.39 | −0.285% | $92.7M | $520.9M | 75x | as long as short |
| Orderly PERP_TAO_USDC | +0.0234% | 4h | 319.06 | −0.075% | $54K | $276K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0241% | 8h | 318.27 | −0.322% | $14K | $876 | 10x | as long as short |
| dYdX TAO-USD | +0.0288% | 1h | 318.40 | −0.281% | $128K | $87K | 5x | as long as short |
| Bullet TAO-USD | +0.0292% | 1h | 319.04 | −0.082% | $12K | $17K | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0293% | 1h | 319.06 | −0.075% | $45K | $254K | 50x | as long as short |
| Aster TAOUSDT | +0.0335% | 4h | 318.40 | −0.281% | $1.3M | $11.1M | 50x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 318.49 | −0.254% | $361K | $437K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0367% / S −0.0109% | 1h | 319.14 | −0.051% | $378K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0370% | 4h | 319.29 | −0.002% | $541K | $838K | 10x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 318.78 | −0.162% | $100K | $343K | 5x | as long as short |
| BloFin TAO-USDT | +0.0406% | 4h | 318.98 | −0.100% | $4.8M | $10.9M | 100x | as long as short |
| Extended TAO-USD | +0.0416% | 1h | 318.20 | −0.344% | $893K | $2.2M | 25x | as long as short |
| Nado TAO-PERP | +0.0450% | 1h | 319.00 | −0.094% | $773K | $1.9M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0491% | 1h | 319.01 | −0.090% | $9K | $1.8M | 25x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 319.20 | −0.031% | $321K | $714K | 5x | as long as short |
| Hyperliquid TAO | +0.0586% | 1h | 318.79 | −0.159% | $94.6M | $109.3M | 5x | as long as short |
| Variational Omni TAOlong | +0.0616% | 4h | 319.30 | long leg | $5.6M | $10.0M | — | |
| 01 Exchange TAOUSD | +0.0640% | 1h | 319.71 | +0.129% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0680% | 1h | 318.77 | −0.164% | $1.6M | $6.7M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 318.86 | −0.137% | $367 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0745% | 1h | 319.06 | −0.075% | $315K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0780% | 1h | 319.28 | −0.006% | $6.1M | $21.2M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 318.23 | −0.335% | $452K | $706K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 319.66 | +0.113% | $1.1M | $7.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 317.77 | −0.479% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
BingX TAO-USDT
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Orderly PERP_TAO_USDC
Paradex TAO-USD-PERP
dYdX TAO-USD
Bullet TAO-USD
ApeX Omni TAOUSDT
Aster TAOUSDT
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Arcus TAO-USD
BloFin TAO-USDT
Extended TAO-USD
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Lighter TAO
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP