Funding you earn now, next payment 09:00 UTC+0.0265%/8h= +29.0% APRpaid last 24h +0.024%
Price spread now: Variational Omni against Pacifica+0.005%7-day average +0.045% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+1.267%+$127 · spread now +0.005%, 7d avg +0.045%
=Together, before fees+1.291%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$129 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.041% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.045%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.024% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.024% in total (about 2.4% 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 | Pacifica TAO | 315.42 | 0.0349 | pay 0.0044% / 1h | 34m 42s | $370K | $440K | 10x |
| Short | Variational Omni TAO | 315.43 | 0.0614 | get 0.0307% / 4h | 3h 34m | $5.6M | $10.1M | — |
Pacifica TAO
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Pacifica. 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
- $55.56
- Price spread: +0.005% → +0.045%
- −$4.05
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $43.5
- Costs to cover
- 0.080%
- Break-even
- 1.5 days
Slippage unknown: Pacifica: live order book, 64 min ago; 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 Pacifica live order book, 64 min ago | 3.47 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.88 bp | doesn't fit | 20.1 bp −$201 | 46.6 bp −$4,658 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 315.02 | −0.126% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.40 | −0.006% | $49K | $700K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 315.24 | −0.056% | $645 | $1.2M | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.30 | −0.037% | $26.3M | $129.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.10 | −0.101% | $14.9M | $49.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.39 | −0.009% | $17.8M | $32.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.24 | −0.056% | $35.5M | $57.4M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 315.10 | −0.101% | $86K | $1.2M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.04 | −0.120% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.96 | −0.145% | $115K | $588K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | +0.0100% | 4h | 315.15 | −0.085% | $3.2M | $8.1M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0118% | 4h | 315.10 | −0.100% | $539K | $877K | 10x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 315.52 | +0.031% | $173K | $998 | 3x | as long as short |
| ApeX Omni TAOUSDT | +0.0124% | 1h | 315.68 | +0.083% | $45K | $257K | 50x | as long as short |
| Bulk TAO-USD | +0.0125% | 1h | 316.13 | +0.226% | $168K | $0 | 10x | as long as short |
| Binance TAOUSDT | +0.0143% | 4h | 315.28 | −0.044% | $91.9M | $526.0M | 75x | as long as short |
| MEXC TAO_USDT | +0.0144% | 4h | 315.23 | −0.060% | $104.7M | $151.8M | 300x | as long as short |
| edgeX TAOUSDC | +0.0154% | 4h | 315.22 | −0.063% | $42K | $320K | 10x | as long as short |
| dYdX TAO-USD | +0.0198% | 1h | 315.05 | −0.118% | $127K | $86K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0211% | 4h | 315.32 | −0.031% | $54K | $298K | 10x | as long as short |
| Bullet TAO-USD | +0.0228% | 1h | 315.35 | −0.022% | $12K | $17K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0240% | 8h | 315.40 | −0.006% | $14K | $876 | 10x | as long as short |
| BingX TAO-USDT | +0.0308% | 4h | 315.33 | −0.028% | — | $37.3M | — | as long as short |
| Aster TAOUSDT | +0.0309% | 4h | 315.27 | −0.047% | $1.2M | $11.1M | 50x | as long as short |
| Pacifica TAOlong | +0.0349% | 1h | 315.42 | long leg | $370K | $440K | 10x | |
| Extended TAO-USD | +0.0352% | 1h | 315.30 | −0.037% | $894K | $2.3M | 25x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0360% / S −0.0107% | 1h | 315.03 | −0.123% | $370K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0384% | 4h | 315.35 | −0.022% | $4.8M | $10.7M | 100x | as long as short |
| Bybit TAOUSDT | +0.0385% | 4h | 315.41 | −0.003% | $69.4M | $154.6M | 50x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 315.53 | +0.036% | $99K | $363K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0496% | 1h | 315.31 | −0.034% | $15K | $1.9M | 25x | as long as short |
| Nado TAO-PERP | +0.0503% | 1h | 315.45 | +0.011% | $768K | $2.0M | 10x | as long as short |
| Hyperliquid TAO | +0.0518% | 1h | 315.62 | +0.064% | $93.0M | $108.5M | 5x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 315.80 | +0.121% | $318K | $714K | 5x | as long as short |
| Lighter TAO | +0.0592% | 1h | 315.67 | +0.079% | $1.6M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0608% | 1h | 315.75 | +0.105% | $3K | $4K | 5x | as long as short |
| Variational Omni TAOshort | +0.0614% | 4h | 315.43 | +0.005% | $5.6M | $10.1M | — | |
| Backpack TAO_USDC_PERP | +0.0678% | 1h | 315.44 | +0.007% | $315K | $1.0M | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 315.29 | −0.040% | $363 | — | 20x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0789% | 1h | 315.43 | +0.003% | $6.0M | $21.1M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 315.40 | −0.005% | $437K | $681K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 315.53 | +0.036% | $1.1M | $7.2M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 318.23 | +0.892% | $23K | $2K | 12x | as long as short |
Phemex TAOUSDT
GRVT TAO_USDT_Perp
Aevo TAO-PERP
ApeX Omni TAOUSDT
Bulk TAO-USD
Binance TAOUSDT
MEXC TAO_USDT
edgeX TAOUSDC
dYdX TAO-USD
Orderly PERP_TAO_USDC
Bullet TAO-USD
Paradex TAO-USD-PERP
BingX TAO-USDT
Aster TAOUSDT
Extended TAO-USD
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Bybit TAOUSDT
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Hyperliquid TAO
Phoenix TAO
Lighter TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP