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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0414%/8h= +45.4% APRnext payment +$2.07 per $10,000 · paid last 24h +0.024%
Price spread now: Variational Omni against Bitget+0.820%7-day average +0.035% · 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 4 days (all we have)+0.025%+$2 on $10k
Price spread, last 7 days−0.855%−$85 · spread now +0.820%, 7d avg +0.035%
Together, before fees−0.830%+ Points / potential airdropVariational Omni: Active · farm board−$83 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.785% dearer against Bitget than usual: you sell high and buy low: +$78 more if the spread goes back to its 7-day average of +0.035%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.025% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TAOUSDT317.090.0100pay 0.0050% / 4h1h 04m$35.6M$58.0M50x
ShortVariational Omni TAO319.690.0514get 0.0257% / 4h1h 04m$5.7M$10.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
$87
Price spread: +0.820% → +0.035%
$78.48
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$153.47
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Bitget: live order book, 4 min ago; Variational Omni: RFQ quote, 5 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 Bitget live order book, 4 min ago1.41 bp11.1 bp −$1122.8 bp −$228doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago2.87 bpdoesn't fit18.2 bp −$18239.4 bp −$3,943doesn'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
Bulk TAO-USD−0.0237%1h320.94+1.214%$171K$33310xas long as short
dYdX TAO-USD0.0000%1h319.28+0.690%$127K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h318.86+0.558%$22K150xas long as short
Popdex TAOUSDT+0.0096%1h317.41+0.101%$43K$707K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.30+0.066%$26.6M$129.3M50xas long as short
Gate TAO_USDT+0.0100%4h317.20+0.035%$14.3M$52.4M50xas long as short
KuCoin TAOUSDTM+0.0100%4h317.33+0.076%$17.7M$32.3M75xas long as short
Bitget TAOUSDTlong+0.0100%4h317.09long leg$35.6M$58.0M50x
ApeX Omni TAOUSDT+0.0100%1h319.08+0.628%$46K$260K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h319.12+0.640%$85K$1.2M5xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TAO-USDT+0.0100%4h318.95+0.587%$1K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h318.85+0.555%$116K$599K20xas long as short
Katana Perps TAO-USD+0.0108%8h317.35+0.082%$720$1.1M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0113% / S +0.0154%1h318.81+0.541%$426K100xas long as short
Aevo TAO-PERP+0.0128%1h319.25+0.683%$175K$9983xas long as short
Orderly PERP_TAO_USDC+0.0131%4h319.11+0.637%$53K$293K10xas long as short
Binance TAOUSDT+0.0185%4h317.50+0.129%$92.2M$528.3M75xas long as short
MEXC TAO_USDT+0.0186%4h317.46+0.117%$107.3M$151.9M300xas long as short
edgeX TAOUSDC+0.0188%4h319.19+0.662%$42K$318K10xas long as short
Paradex TAO-USD-PERP+0.0240%8h317.48+0.124%$14K$1K10xas long as short
Bybit TAOUSDT+0.0256%4h317.49+0.126%$69.7M$155.9M50xas long as short
BingX TAO-USDT+0.0282%4h317.14+0.016%$35.4Mas long as short
Bullet TAO-USD+0.0306%1h319.20+0.665%$12K$17K20xas long as short
Aster TAOUSDT+0.0345%4h317.73+0.201%$1.3M$11.0M50xas long as short
Extended TAO-USD+0.0352%1h317.22+0.041%$904K$2.4M25xas long as short
GRVT TAO_USDT_Perp+0.0364%4h318.37+0.405%$540K$917K10xas long as short
BloFin TAO-USDT+0.0426%4h319.29+0.694%$4.7M$11.0M100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0469%1h319.08+0.628%$15K$2.0M25xas long as short
Nado TAO-PERP+0.0507%1h319.40+0.729%$792K$2.0M10xas long as short
Variational Omni TAOshort+0.0514%4h319.69+0.820%$5.7M$10.2M
Pacifica TAO+0.0525%1h317.61+0.164%$361K$429K10xas long as short
Phemex TAOUSDT+0.0528%4h319.10+0.634%$3.2M$8.1M50xas long as short
Phoenix TAO+0.0567%1h319.50+0.760%$318K$709K5xas long as short
Lighter TAO+0.0584%1h317.56+0.150%$1.6M$6.8M5xas long as short
Hyperliquid TAO+0.0592%1h317.96+0.274%$94.0M$110.0M5xas long as short
01 Exchange TAOUSD+0.0616%1h317.45+0.114%$3K$4K5xas long as short
Arcus TAO-USD+0.0641%1h317.74+0.205%$102K$389K5xas long as short
Backpack TAO_USDC_PERP+0.0678%1h318.66+0.495%$297K$905K10xas long as short
Reya TAORUSDPERP+0.0698%1h319.17+0.656%$36720xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h320.41+1.047%$1.5M$6.8M50xas long as short
RISEx TAO/USDC+0.1077%1h317.32+0.073%$437K$677K5xas long as short
Kraken Futures PF_TAOUSD+0.1157%1h319.16+0.652%$6.0M$21.7M50xas long as short
Injective TAO/USDC PERP+0.4723%1h323.52+2.028%$24K$2K12xas long as short