TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.051%

Price spread now: BloFin against Variational Omni−0.166%86s7-day average −0.029% · you buy dearer than you sell

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

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.231%+$23 on $10k

Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.166%, 7d avg −0.029%

Together, before fees+0.366%+ Points / potential airdropVariational Omni: Active · farm board+$37 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.138% cheaper against Variational Omni than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.029%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TAO	312.61	0.0346	pay 0.0173% / 4h	3h 47m	$5.6M	$10.0M	—
Short	BloFin TAO-USDT	312.09	0.0340	get 0.0170% / 4h	3h 47m	$4.5M	$10.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpOrdersPrice spread, now −0.166%Rate

Funding earned: −$1.17
Price spread: −0.166% → −0.029%: −$13.76
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$26.93
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; BloFin: live order book, 6 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, 1 min ago	2.87 bp	doesn't fit	14.0 bp −$140	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	3.34 bp	11.1 bp −$11	18.1 bp −$181	38.0 bp −$3,801	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
Kraken Futures PF_TAOUSD	−0.0348%	1h	312.38	−0.074%	$5.5M	$20.6M	50x	as long as short
dYdX TAO-USD	0.0000%	1h	312.04	−0.182%	$124K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	311.66	−0.303%	$20K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	312.31	−0.096%	$45K	$655K	20x	as long as short
Katana Perps TAO-USD	+0.0098%	8h	312.08	−0.170%	$2K	$811K	5x	as long as short
Pacifica TAO	+0.0100%	1h	312.41	−0.064%	$356K	$413K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	312.35	−0.083%	$89.7M	$497.6M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	312.42	−0.061%	$67.4M	$149.7M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.30	−0.099%	$25.9M	$120.3M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	315.10	+0.796%	$167K	$2K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TAO_USDT	+0.0100%	4h	312.20	−0.131%	$13.0M	$49.4M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	312.42	−0.061%	$101.1M	$144.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	312.36	−0.080%	$17.7M	$31.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	312.09	−0.166%	$34.9M	$56.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	312.40	−0.067%	—	$33.0M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.18	+0.501%	$42K	$312K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	314.25	+0.525%	$46K	$255K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	312.13	−0.154%	$81K	$867K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	311.96	−0.208%	$11K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	311.70	−0.291%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	311.20	−0.451%	$108K	$536K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	312.33	−0.090%	$3.2M	$8.1M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	311.97	−0.205%	$171K	$998	3x	as long as short
GRVT TAO_USDT_Perp	+0.0112%	4h	314.50	+0.605%	$533K	$955K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0118%	4h	311.79	−0.262%	$52K	$270K	10x	as long as short
Aster TAOUSDT	+0.0122%	4h	312.37	−0.077%	$1.2M	$10.4M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0142% / S +0.0130%	1h	311.65	−0.308%	$416K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0142%	8h	312.53	−0.027%	$14K	$1K	10x	as long as short
Hyperliquid TAO	+0.0146%	1h	312.57	−0.013%	$91.7M	$107.0M	5x	as long as short
Extended TAO-USD	+0.0184%	1h	312.38	−0.073%	$913K	$2.4M	25x	as long as short
Arcus TAO-USD	+0.0231%	1h	312.60	−0.003%	$101K	$391K	5x	as long as short
Nado TAO-PERP	+0.0245%	1h	312.42	−0.062%	$786K	$2.2M	10x	as long as short
BloFin TAO-USDTshort	+0.0340%	4h	312.09	−0.166%	$4.5M	$10.8M	100x
Variational Omni TAOlong	+0.0346%	4h	312.61	long leg	$5.6M	$10.0M	—
Deribit TAO_USDC-PERPETUAL	+0.0377%	1h	311.91	−0.223%	$21K	$1.7M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0390%	1h	312.58	−0.010%	$310K	$912K	10x	as long as short
Lighter TAO	+0.0408%	1h	312.73	+0.039%	$1.5M	$6.4M	5x	as long as short
01 Exchange TAOUSD	+0.0408%	1h	312.30	−0.099%	$3K	$4K	5x	as long as short
Phoenix TAO	+0.0457%	1h	313.90	+0.413%	$312K	$711K	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	312.24	−0.118%	$359	—	20x	as long as short
RISEx TAO/USDC	+0.0816%	1h	312.33	−0.088%	$433K	$650K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0952%	1h	312.33	−0.090%	$1.5M	$6.6M	50x	as long as short
Injective TAO/USDC PERP	+0.4092%	1h	317.38	+1.526%	$23K	$2K	12x	as long as short