TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.003%

Price spread now: Bitget against Variational Omni−0.793%7-day average −0.035% · you buy dearer than you sell

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

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 7 days+0.851%+$85 · spread now −0.793%, 7d avg −0.035%

Together, before fees+0.848%+ Points / potential airdropVariational Omni: Active · farm board+$85 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.758% cheaper against Variational Omni than usual: you would sell low and buy high (−$76 if the spread goes back to its 7-day average of −0.035%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TAO	313.88	0.0200	pay 0.0100% / 4h	26m 29s	$4.0M	$7.0M	—
Short	Bitget TAOUSDT	311.39	0.0100	get 0.0050% / 4h	26m 29s	$34.7M	$46.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.793%Rate

Funding earned: −$20.95
Price spread: −0.793% → −0.035%: −$75.78
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$108.73
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 2 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, 3 min ago	2.88 bp	doesn't fit	9.9 bp −$99	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.91 bp	11.2 bp −$11	18.4 bp −$184	35.9 bp −$3,589	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
Bulk TAO-USD	−0.4493%	1h	315.57	+0.539%	$169K	$47K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	312.26	−0.516%	$125K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	311.37	−0.800%	$20K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	314.95	+0.341%	$23K	$361	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	311.45	−0.774%	$35K	$565K	20x	as long as short
Pacifica TAO	+0.0100%	1h	312.18	−0.540%	$369K	$363K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	311.50	−0.758%	$88.3M	$427.1M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	311.73	−0.685%	$61.2M	$125.0M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	311.50	−0.758%	$25.2M	$101.2M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	311.40	−0.790%	$12.4M	$49.9M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	311.75	−0.678%	$110.0M	$130.2M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	311.52	−0.752%	$18.7M	$27.7M	75x	as long as short
Bitget TAOUSDTshort	+0.0100%	4h	311.39	−0.793%	$34.7M	$46.6M	50x
BingX TAO-USDT	+0.0100%	4h	311.74	−0.681%	—	$30.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.93	+0.017%	$41K	$279K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	313.05	−0.265%	$519K	$956K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	313.77	−0.035%	$47K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	311.81	−0.659%	$76K	$489K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	311.60	−0.726%	$11K	$17K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	313.33	−0.175%	$60K	$275K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.14	−0.235%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.59	−0.092%	$127K	$402K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	313.26	−0.197%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	313.49	−0.124%	$172K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0109%	8h	311.47	−0.767%	$1K	$555K	5x	as long as short
Arcus TAO-USD	+0.0186%	1h	311.97	−0.608%	$82K	$586K	5x	as long as short
Aster TAOUSDT	+0.0190%	4h	311.94	−0.618%	$1.1M	$7.9M	50x	as long as short
Paradex TAO-USD-PERP	+0.0191%	8h	311.71	−0.691%	$14K	$1K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0196%	1h	313.29	−0.189%	$21K	$1.5M	25x	as long as short
Variational Omni TAOlong	+0.0200%	4h	313.88	long leg	$4.0M	$7.0M	—
BloFin TAO-USDT	+0.0340%	4h	313.32	−0.178%	$4.4M	$10.5M	100x	as long as short
Nado TAO-PERP	+0.0447%	1h	311.39	−0.792%	$822K	$2.0M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0449%	1h	313.19	−0.219%	$5.7M	$19.9M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0476% / S −0.0175%	1h	313.18	−0.223%	$449K	—	100x	as long as short
Backpack TAO_USDC_PERP	+0.0524%	1h	313.66	−0.070%	$293K	$804K	10x	as long as short
Phoenix TAO	+0.0537%	1h	314.20	+0.102%	$329K	$521K	5x	as long as short
01 Exchange TAOUSD	+0.0624%	1h	311.64	−0.713%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	311.62	−0.718%	$358	—	20x	as long as short
Extended TAO-USD	+0.0856%	1h	311.61	−0.724%	$859K	$2.1M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	313.27	−0.194%	$1.5M	$5.8M	50x	as long as short
Lighter TAO	+0.1224%	1h	312.64	−0.396%	$1.6M	$5.8M	5x	as long as short
RISEx TAO/USDC	+0.1238%	1h	311.66	−0.708%	$434K	$567K	5x	as long as short
Hyperliquid TAO	+0.1723%	1h	312.15	−0.551%	$97.4M	$83.9M	5x	as long as short