TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.021%

Price spread now: BingX against Variational Omni−0.085%7-day average −0.028% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.021%−$2 on $10k

Price spread, last 7 days+0.088%+$9 · spread now −0.085%, 7d avg −0.028%

Together, before fees+0.067%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.057% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.028%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TAO	314.04	0.0449	pay 0.0225% / 4h	2h 30m	$5.5M	$10.1M	—
Short	BingX TAO-USDT	313.77	0.0438	get 0.0219% / 4h	2h 30m	—	$33.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BingXbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$2.34
Price spread: −0.085% → −0.028%: −$5.69
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$18.02
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BingX: live order book, 8 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 Variational Omni RFQ quote, 4 min ago	2.88 bp	doesn't fit	14.3 bp −$143	38.4 bp −$3,840	doesn't fit
Sell BingX live order book, 8 min ago	0.96 bp	8.0 bp −$8	14.3 bp −$143	25.7 bp −$2,567	48.2 bp −$24.1K

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 −0.0004%	1h	313.40	−0.201%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0040%	1h	313.59	−0.142%	$125K	$85K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	313.85	−0.059%	$90.0M	$508.0M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	313.90	−0.043%	$26.2M	$122.3M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	313.47	−0.180%	$167K	$333	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.60	−0.139%	$13.9M	$50.9M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	314.06	+0.008%	$107.8M	$145.6M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.44	−0.190%	$17.3M	$31.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.64	−0.126%	$35.3M	$57.1M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.56	−0.153%	$41K	$316K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps TAO-USD	+0.0100%	1h	313.65	−0.123%	$90K	$920K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.86	−0.056%	$2K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.54	−0.158%	$113K	$554K	20x	as long as short
Katana Perps TAO-USD	+0.0103%	8h	313.61	−0.136%	$642	$915K	5x	as long as short
Aevo TAO-PERP	+0.0104%	1h	314.02	−0.007%	$172K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0124%	4h	313.92	−0.037%	$52K	$290K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0129% / S +0.0140%	1h	313.38	−0.209%	$420K	—	100x	as long as short
Popdex TAOUSDT	+0.0144%	1h	313.72	−0.101%	$50K	$667K	20x	as long as short
Phemex TAOUSDT	+0.0155%	4h	313.80	−0.075%	$3.2M	$8.0M	50x	as long as short
Aster TAOUSDT	+0.0204%	4h	313.74	−0.094%	$1.3M	$10.6M	50x	as long as short
Pacifica TAO	+0.0233%	1h	313.87	−0.053%	$357K	$419K	10x	as long as short
Paradex TAO-USD-PERP	+0.0269%	8h	313.91	−0.040%	$14K	$1K	10x	as long as short
Nado TAO-PERP	+0.0271%	1h	313.96	−0.025%	$772K	$2.2M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0303%	1h	314.17	+0.044%	$5.9M	$21.4M	50x	as long as short
Bullet TAO-USD	+0.0325%	1h	313.81	−0.071%	$12K	$17K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0330%	4h	313.91	−0.039%	$533K	$923K	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.88	−0.050%	$4.5M	$10.9M	100x	as long as short
ApeX Omni TAOUSDT	+0.0397%	1h	313.30	−0.234%	$44K	$256K	50x	as long as short
BingX TAO-USDTshort	+0.0438%	4h	313.77	−0.085%	—	$33.7M	—
Variational Omni TAOlong	+0.0449%	4h	314.04	long leg	$5.5M	$10.1M	—
Extended TAO-USD	+0.0456%	1h	313.38	−0.210%	$897K	$2.4M	25x	as long as short
Bybit TAOUSDT	+0.0461%	4h	313.84	−0.063%	$68.2M	$152.5M	50x	as long as short
Arcus TAO-USD	+0.0483%	1h	313.88	−0.050%	$101K	$370K	5x	as long as short
Phoenix TAO	+0.0513%	1h	314.60	+0.179%	$313K	$713K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0599%	1h	313.97	−0.020%	$15K	$1.8M	25x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	313.91	−0.041%	$361	—	20x	as long as short
01 Exchange TAOUSD	+0.0760%	1h	314.03	−0.002%	$3K	$4K	5x	as long as short
Hyperliquid TAO	+0.0804%	1h	314.08	+0.014%	$91.8M	$108.9M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0822%	1h	314.19	+0.049%	$310K	$889K	10x	as long as short
Lighter TAO	+0.0840%	1h	313.98	−0.020%	$1.5M	$6.6M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0928%	1h	314.69	+0.208%	$1.5M	$6.8M	50x	as long as short
RISEx TAO/USDC	+0.0948%	1h	313.68	−0.115%	$454K	$649K	5x	as long as short
Injective TAO/USDC PERP	+0.3711%	1h	317.66	+1.154%	$23K	$2K	12x	as long as short