Funding you earn now, next payment 04:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.95 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against Variational Omni+0.488%7-day average −0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 7 days−0.487%−$49 · spread now +0.488%, 7d avg −0.028%
=Together, before fees−0.487%+ Points / potential airdropVariational Omni: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.517% dearer against Variational Omni than usual: you sell high and buy low (spread +0.488% now, against its 7-day average of −0.028%): +$52 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.95 per $10,000. 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 | Variational Omni TAO | 319.01 | 0.0291 | pay 0.0145% / 4h | 3h 52m | $5.5M | $8.6M | — |
| Short | MEXC TAO_USDT | 320.57 | 0.0100 | get 0.0050% / 4h | 3h 52m | $105.7M | $131.6M | 300x |
Variational Omni TAO
MEXC TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$40.09
- Price spread: +0.488% → −0.028%
- $51.69
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $11.6
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; MEXC: live order book, 7 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, 2 min ago | 2.87 bp | doesn't fit | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 0.94 bp | 1.0 bp −$1 | 13.5 bp −$135 | 29.7 bp −$2,970 | 114.1 bp −$57.0K |
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 | −0.1799% | 1h | 311.96 | −2.211% | $167K | $44K | 10x | as long as short |
| Phemex TAOUSDT | −0.1370% | 4h | 320.20 | +0.372% | $3.5M | $7.9M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 320.23 | +0.381% | $128K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 320.92 | +0.599% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.63 | +0.507% | $40K | $578K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 320.48 | +0.460% | $857 | $591K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 321.43 | +0.757% | $92.5M | $439.7M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 321.20 | +0.686% | $26.1M | $107.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.30 | +0.404% | $12.9M | $49.6M | 50x | as long as short |
| MEXC TAO_USDTshort | +0.0100% | 4h | 320.57 | +0.488% | $105.7M | $131.6M | 300x |
Bulk TAO-USD
Phemex TAOUSDT
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 321.26 | +0.705% | $19.1M | $28.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.61 | +0.501% | $35.8M | $48.9M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 319.37 | +0.113% | $36K | $287K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 320.51 | +0.470% | $58K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 320.29 | +0.401% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.60 | +0.498% | $128K | $422K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 321.87 | +0.896% | $177K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perp | +0.0142% | 4h | 319.47 | +0.143% | $531K | $945K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0085% | 1h | 320.79 | +0.557% | $464K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 320.43 | +0.445% | $379K | $371K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 320.51 | +0.470% | $85K | $545K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0220% | 8h | 320.20 | +0.373% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0222% | 4h | 320.51 | +0.469% | $1.1M | $8.1M | 50x | as long as short |
| Bullet TAO-USD | +0.0262% | 1h | 321.12 | +0.661% | $12K | $17K | 20x | as long as short |
| Variational Omni TAOlong | +0.0291% | 4h | 319.01 | long leg | $5.5M | $8.6M | — | |
| BloFin TAO-USDT | +0.0340% | 4h | 319.44 | +0.134% | $4.4M | $10.9M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0341% | 1h | 320.38 | +0.429% | $22K | $1.5M | 25x | as long as short |
| Polymarket Perps TAO-USD | +0.0362% | 1h | 320.70 | +0.529% | $100K | $633K | 5x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 320.80 | +0.561% | — | $30.7M | — | as long as short |
| Bybit TAOUSDT | +0.0473% | 4h | 321.52 | +0.786% | $66.0M | $130.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0476% | 1h | 318.98 | −0.010% | $48K | $268K | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0479% | 1h | 320.34 | +0.416% | $5.8M | $20.2M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 319.30 | +0.090% | $334K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 317.85 | −0.364% | $23K | $370 | 12x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 320.25 | +0.388% | $368 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0772% | 1h | 320.43 | +0.445% | $892K | $2.0M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0824% | 1h | 321.10 | +0.655% | $3K | $4K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 320.83 | +0.570% | $1.5M | $6.1M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.1021% | 1h | 320.77 | +0.551% | $320K | $820K | 10x | as long as short |
| Extended TAO-USD | +0.1032% | 1h | 320.47 | +0.456% | $933K | $2.2M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 320.44 | +0.448% | $422K | $586K | 5x | as long as short |
| Lighter TAO | +0.1880% | 1h | 321.02 | +0.630% | $1.7M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.2951% | 1h | 321.65 | +0.827% | $105.1M | $88.5M | 5x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
GRVT TAO_USDT_Perp
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Paradex TAO-USD-PERP
Aster TAOUSDT
Bullet TAO-USD
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Polymarket Perps TAO-USD
BingX TAO-USDT
Bybit TAOUSDT
ApeX Omni TAOUSDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
Reya TAORUSDPERP
Nado TAO-PERP
01 Exchange TAOUSD
Coinbase International TAO-PERP-INTX
Backpack TAO_USDC_PERP
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO