Funding you earn now, next payment 08:00 UTC+0.0391%/8h= +42.8% APRpaid last 24h +0.020%
Price spread now: Variational Omni against Katana Perps−0.638%7-day average +0.029% · 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)−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)+0.803%+$80 · spread now −0.638%, 7d avg +0.029%
=Together, before fees+0.680%+ Points / potential airdropVariational Omni: Active · farm board+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.666% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.638% now, against its 7-day average of +0.029%). If the spread goes back, that is −$67 on $10k: about 5.7 days of funding at the current rate (+$12 a day). Mind the row above: over the last 4 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.123% in total (about -12.4% a year). A funding rate is set anew for every payment. 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 | Katana Perps TAO-USD | 318.95 | 0.0107 | pay 0.0107% / 8h | 51m 34s | $6K | $1.1M | 5x |
| Short | Variational Omni TAO | 316.92 | 0.0498 | get 0.0249% / 4h | 51m 34s | $5.6M | $10.3M | — |
Katana Perps TAO-USD
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Katana Perps. 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
- $82.08
- Price spread: −0.638% → +0.029%
- −$66.65
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $11.63
- Costs to cover
- 0.038%
- Break-even
- 6.0 days
Slippage unknown: Katana Perps: no order-book sample; Variational Omni: RFQ quote, 3 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 2.88 bp | doesn't fit | 20.6 bp −$206 | 51.5 bp −$5,153 | doesn't fit |
Katana Perps: 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 | 318.22 | −0.228% | $22K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0067% | 1h | 318.50 | −0.141% | $127K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.23 | +0.088% | $44K | $707K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.90 | −0.016% | $26.6M | $130.6M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 317.85 | −0.345% | $169K | $333 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.70 | −0.078% | $14.4M | $50.9M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.94 | −0.003% | $17.9M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.73 | −0.069% | $35.8M | $58.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 317.66 | −0.404% | $46K | $260K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.38 | −0.179% | $84K | $1.2M | 5x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 318.39 | −0.176% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.76 | −0.373% | $116K | $603K | 20x | as long as short |
| Katana Perps TAO-USDlong | +0.0107% | 8h | 318.95 | long leg | $6K | $1.1M | 5x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0110% / S +0.0157% | 1h | 318.23 | −0.226% | $424K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 318.63 | −0.099% | $175K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0139% | 4h | 318.46 | −0.154% | $53K | $293K | 10x | as long as short |
| edgeX TAOUSDC | +0.0161% | 4h | 317.66 | −0.405% | $42K | $318K | 10x | as long as short |
| MEXC TAO_USDT | +0.0166% | 4h | 318.91 | −0.013% | $108.0M | $150.5M | 300x | as long as short |
| Binance TAOUSDT | +0.0168% | 4h | 319.17 | +0.069% | $92.7M | $529.2M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0237% | 8h | 318.92 | −0.009% | $14K | $1K | 10x | as long as short |
| BingX TAO-USDT | +0.0248% | 4h | 318.94 | −0.003% | — | $37.0M | — | as long as short |
| Bybit TAOUSDT | +0.0252% | 4h | 319.24 | +0.091% | $69.9M | $156.3M | 50x | as long as short |
| Pacifica TAO | +0.0313% | 1h | 318.94 | −0.003% | $362K | $427K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0316% | 4h | 317.65 | −0.407% | $542K | $926K | 10x | as long as short |
| Extended TAO-USD | +0.0328% | 1h | 318.84 | −0.034% | $904K | $2.4M | 25x | as long as short |
| Aster TAOUSDT | +0.0329% | 4h | 319.13 | +0.058% | $1.3M | $11.0M | 50x | as long as short |
| Bullet TAO-USD | +0.0338% | 1h | 318.64 | −0.099% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0406% | 4h | 317.78 | −0.367% | $4.7M | $11.0M | 100x | as long as short |
| Nado TAO-PERP | +0.0410% | 1h | 319.17 | +0.070% | $791K | $2.0M | 10x | as long as short |
| Lighter TAO | +0.0456% | 1h | 319.02 | +0.021% | $1.6M | $6.8M | 5x | as long as short |
| Arcus TAO-USD | +0.0473% | 1h | 319.12 | +0.053% | $103K | $389K | 5x | as long as short |
| Variational Omni TAOshort | +0.0498% | 4h | 316.92 | −0.638% | $5.6M | $10.3M | — | |
| Phemex TAOUSDT | +0.0561% | 4h | 318.35 | −0.188% | $3.2M | $8.2M | 50x | as long as short |
| Phoenix TAO | +0.0629% | 1h | 318.20 | −0.235% | $317K | $703K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0669% | 1h | 318.48 | −0.148% | $15K | $2.0M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 318.49 | −0.145% | $366 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0704% | 1h | 318.70 | −0.078% | $297K | $905K | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0712% | 1h | 319.56 | +0.191% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0751% | 1h | 319.21 | +0.082% | $94.4M | $110.0M | 5x | as long as short |
| RISEx TAO/USDC | +0.0831% | 1h | 318.86 | −0.029% | $442K | $679K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0832% | 1h | 318.63 | −0.100% | $6.0M | $21.7M | 50x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 318.84 | −0.034% | $1.5M | $6.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4513% | 1h | 320.67 | +0.539% | $23K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Paradex TAO-USD-PERP
BingX TAO-USDT
Bybit TAOUSDT
Pacifica TAO
GRVT TAO_USDT_Perp
Extended TAO-USD
Aster TAOUSDT
Bullet TAO-USD
BloFin TAO-USDT
Nado TAO-PERP
Lighter TAO
Arcus TAO-USD
Phemex TAOUSDT
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
01 Exchange TAOUSD
Hyperliquid TAO
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP