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+0.0078%/8h= +8.6% APRnext payment +$0.39 per $10,000 · paid last 24h −0.051%
Price spread now: Variational Omni against BloFin−0.041%116s7-day average +0.022% · you buy dearer than you sell
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)−0.231%−$23 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.041%, 7d avg +0.022%
Together, before fees−0.320%+ Points / potential airdropVariational Omni: Active · farm board−$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.062% cheaper against BloFin than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.022%). If the spread goes back, that is −$6 on $10k: about 2.7 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.231%, so the current rate has only just turned in your favour. The two prices were read 116 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAO-USDT323.000.0448pay 0.0224% / 4h1h 19m$4.7M$11.2M100x
ShortVariational Omni TAO322.870.0526get 0.0263% / 4h1h 19m$5.7M$10.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
$16.43
Price spread: −0.041% → +0.022%
−$6.23
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$1.8
Costs to cover
0.120%
Break-even
7.8 days
Slippage unknown: BloFin: 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 BloFin live order book, 4 min ago4.03 bp13.3 bp −$1321.7 bp −$21741.5 bp −$4,148doesn't fit
Sell Variational Omni RFQ quote, 5 min ago2.86 bpdoesn't fit21.8 bp −$21844.2 bp −$4,422doesn'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−0.2264%1h322.24−0.235%$171K$33310xas long as short
dYdX TAO-USD0.0000%1h321.78−0.378%$128K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h322.52−0.147%$22K150xas long as short
Popdex TAOUSDT+0.0096%1h322.04−0.297%$44K$706K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h321.80−0.372%$26.9M$130.4M50xas long as short
Gate TAO_USDT+0.0100%4h321.80−0.372%$14.5M$52.2M50xas long as short
KuCoin TAOUSDTM+0.0100%4h321.84−0.359%$18.0M$32.1M75xas long as short
Bitget TAOUSDT+0.0100%4h321.57−0.443%$36.1M$58.1M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h322.46−0.167%$45K$259K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h321.87−0.350%$85K$1.2M5xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TAO-USDT+0.0100%4h321.68−0.409%$2K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h322.25−0.232%$117K$598K20xas long as short
Katana Perps TAO-USD+0.0108%8h322.01−0.307%$1K$1.0M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0116% / S +0.0151%1h321.58−0.440%$430K100xas long as short
Orderly PERP_TAO_USDC+0.0126%4h321.85−0.356%$54K$293K10xas long as short
Aevo TAO-PERP+0.0136%1h322.04−0.296%$177K$9983xas long as short
edgeX TAOUSDC+0.0198%4h322.77−0.071%$43K$317K10xas long as short
MEXC TAO_USDT+0.0208%4h321.87−0.350%$107.5M$151.0M300xas long as short
Binance TAOUSDT+0.0208%4h321.82−0.365%$93.4M$527.8M75xas long as short
Paradex TAO-USD-PERP+0.0281%8h321.90−0.340%$15K$1K10xas long as short
Phemex TAOUSDT+0.0290%4h322.65−0.108%$3.3M$8.1M50xas long as short
Bybit TAOUSDT+0.0317%4h321.95−0.325%$70.8M$155.9M50xas long as short
BingX TAO-USDT+0.0346%4h321.82−0.365%$34.6Mas long as short
Bullet TAO-USD+0.0375%1h321.90−0.341%$12K$17K20xas long as short
Aster TAOUSDT+0.0375%4h322.00−0.310%$1.3M$10.9M50xas long as short
GRVT TAO_USDT_Perp+0.0436%4h322.51−0.153%$547K$937K10xas long as short
BloFin TAO-USDTlong+0.0448%4h323.00long leg$4.7M$11.2M100x
Extended TAO-USD+0.0448%1h321.81−0.370%$918K$2.4M25xas long as short
Nado TAO-PERP+0.0519%1h321.85−0.355%$800K$2.0M10xas long as short
Pacifica TAO+0.0525%1h321.93−0.330%$367K$428K10xas long as short
Variational Omni TAOshort+0.0526%4h322.87−0.041%$5.7M$10.2M
Phoenix TAO+0.0567%1h322.40−0.186%$321K$709K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0617%1h321.84−0.359%$26K$1.9M25xas long as short
Arcus TAO-USD+0.0641%1h322.21−0.245%$104K$389K5xas long as short
Hyperliquid TAO+0.0663%1h322.08−0.285%$95.3M$110.0M5xas long as short
01 Exchange TAOUSD+0.0664%1h322.18−0.254%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0698%1h321.84−0.359%$37020xas long as short
Backpack TAO_USDC_PERP+0.0739%1h322.38−0.192%$300K$905K10xas long as short
Lighter TAO+0.0768%1h322.18−0.253%$1.6M$6.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h322.77−0.071%$1.5M$6.9M50xas long as short
RISEx TAO/USDC+0.1077%1h321.84−0.360%$457K$668K5xas long as short
Kraken Futures PF_TAOUSD+0.1147%1h321.87−0.348%$6.0M$21.7M50xas long as short
Injective TAO/USDC PERP+0.4723%1h325.94+0.910%$24K$2K12xas long as short