Funding you earn now, next payment 08:00 UTC+0.0427%/8h= +46.7% APRpaid last 24h −0.050%
Price spread now: Variational Omni against GMX+0.113%7-day average +0.054% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.113%, 7d avg +0.054%
=Together, before fees−0.563%+ Points / potential airdropVariational Omni: Active · farm board−$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Variational Omni is 0.059% dearer against GMX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 3 days funding on this pair cost −0.339%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TAO/USD [WBTC.b-USDC] | 316.52 | L +0.0107% / S +0.0136% | pay 0.0013% / 1h | 35m 38s | $403K | — | 100x |
| Short | Variational Omni TAO | 316.88 | 0.0534 | get 0.0267% / 4h | 35m 38s | $5.5M | $10.2M | — |
GMX TAO/USD [WBTC.b-USDC]
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- $89.6
- Price spread: +0.113% → +0.054%
- $5.88
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $83.47
- Costs to cover
- 0.120%
- Break-even
- 0.5 days
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 4 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 2.87 bp | doesn't fit | 21.1 bp −$211 | 45.7 bp −$4,573 | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 316.51 | −0.003% | $22K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0039% | 1h | 316.06 | −0.148% | $126K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.44 | −0.027% | $44K | $711K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.40 | −0.039% | $26.3M | $130.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.70 | +0.055% | $14.4M | $51.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.44 | −0.027% | $17.7M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.15 | −0.118% | $35.6M | $58.0M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.44 | −0.027% | $88K | $1.2M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.64 | +0.036% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.90 | −0.197% | $115K | $604K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USD | +0.0107% | 8h | 316.29 | −0.074% | $4K | $1.1M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]long | L +0.0107% / S +0.0136% | 1h | 316.52 | long leg | $403K | — | 100x | |
| Aevo TAO-PERP | +0.0128% | 1h | 316.92 | +0.123% | $174K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0149% | 4h | 316.68 | +0.049% | $52K | $294K | 10x | as long as short |
| Binance TAOUSDT | +0.0167% | 4h | 316.41 | −0.036% | $91.6M | $530.6M | 75x | as long as short |
| MEXC TAO_USDT | +0.0170% | 4h | 316.46 | −0.020% | $99.8M | $151.5M | 300x | as long as short |
| edgeX TAOUSDC | +0.0185% | 4h | 317.37 | +0.266% | $42K | $319K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0187% | 1h | 318.97 | +0.773% | $46K | $260K | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0236% | 8h | 316.70 | +0.055% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0263% | 4h | 316.44 | −0.027% | $69.3M | $156.7M | 50x | as long as short |
| Bullet TAO-USD | +0.0269% | 1h | 316.84 | +0.100% | $12K | $17K | 20x | as long as short |
| BingX TAO-USDT | +0.0280% | 4h | 316.36 | −0.052% | — | $37.0M | — | as long as short |
| Pacifica TAO | +0.0313% | 1h | 316.66 | +0.044% | $371K | $452K | 10x | as long as short |
| Bulk TAO-USD | +0.0317% | 1h | 319.23 | +0.855% | $170K | $0 | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0318% | 1h | 316.74 | +0.068% | $15K | $1.9M | 25x | as long as short |
| GRVT TAO_USDT_Perp | +0.0318% | 4h | 317.09 | +0.179% | $541K | $918K | 10x | as long as short |
| Extended TAO-USD | +0.0320% | 1h | 316.24 | −0.090% | $903K | $2.4M | 25x | as long as short |
| Aster TAOUSDT | +0.0326% | 4h | 316.56 | +0.011% | $1.3M | $11.0M | 50x | as long as short |
| BloFin TAO-USDT | +0.0415% | 4h | 316.72 | +0.062% | $4.7M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0473% | 1h | 316.53 | +0.002% | $102K | $381K | 5x | as long as short |
| Nado TAO-PERP | +0.0500% | 1h | 316.30 | −0.072% | $786K | $2.0M | 10x | as long as short |
| Phemex TAOUSDT | +0.0509% | 4h | 316.69 | +0.052% | $3.2M | $8.2M | 50x | as long as short |
| Lighter TAO | +0.0528% | 1h | 316.63 | +0.034% | $1.6M | $6.9M | 5x | as long as short |
| Variational Omni TAOshort | +0.0534% | 4h | 316.88 | +0.113% | $5.5M | $10.2M | — | |
| Phoenix TAO | +0.0629% | 1h | 319.50 | +0.940% | $318K | $703K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0675% | 1h | 316.98 | +0.144% | $292K | $906K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0688% | 1h | 316.46 | −0.020% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 316.63 | +0.033% | $364 | — | 20x | as long as short |
| Hyperliquid TAO | +0.0741% | 1h | 316.96 | +0.137% | $93.7M | $110.1M | 5x | as long as short |
| RISEx TAO/USDC | +0.0831% | 1h | 316.36 | −0.053% | $443K | $670K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0836% | 1h | 316.90 | +0.119% | $5.9M | $21.6M | 50x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 316.71 | +0.059% | $1.4M | $6.9M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4513% | 1h | 322.94 | +2.027% | $23K | $2K | 12x | as long as short |
Katana Perps TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Binance TAOUSDT
MEXC TAO_USDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Paradex TAO-USD-PERP
Bybit TAOUSDT
Bullet TAO-USD
BingX TAO-USDT
Pacifica TAO
Bulk TAO-USD
Deribit TAO_USDC-PERPETUAL
GRVT TAO_USDT_Perp
Extended TAO-USD
Aster TAOUSDT
BloFin TAO-USDT
Arcus TAO-USD
Nado TAO-PERP
Phemex TAOUSDT
Lighter TAO
Phoenix TAO
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Hyperliquid TAO
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP