Funding you earn now, next payment 11:00 UTC+0.0325%/8h= +35.6% APRpaid last 24h +0.043%
Price spread now: Variational Omni against Aevo+0.291%7-day average +0.007% · 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)+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.291%, 7d avg +0.007%
=Together, before fees−0.217%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Variational Omni is 0.284% dearer against Aevo than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.039% in total (about 3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TAO-PERP | 317.23 | 0.0120 | pay 0.0015% / 1h | 53m 26s | $174K | $998 | 3x |
| Short | Variational Omni TAO | 318.15 | 0.0445 | get 0.0223% / 4h | 1h 53m | $5.7M | $9.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aevo. 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
- $68.27
- Price spread: +0.291% → +0.007%
- $28.41
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $80.68
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Aevo: live order book, 58 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 Aevo live order book, 58 min ago | 34.56 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.87 bp | doesn't fit | 17.8 bp −$178 | doesn't fit | doesn't fit |
TAO on 43 exchanges
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 −0.0003% | 1h | 316.99 | −0.075% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.23 | 0.000% | $50K | $632K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.20 | −0.010% | $26.9M | $128.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.90 | −0.104% | $15.8M | $47.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.08 | −0.048% | $17.6M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.96 | −0.085% | $35.9M | $56.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 317.79 | +0.176% | $45K | $253K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.86 | −0.117% | $81K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.96 | −0.085% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.28 | +0.015% | $113K | $563K | 20x | as long as short |
Show all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | +0.0100% | 4h | 317.28 | +0.015% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0104% | 8h | 316.98 | −0.079% | $3K | $1.3M | 5x | as long as short |
| Bybit TAOUSDT | +0.0106% | 4h | 317.25 | +0.006% | $69.5M | $155.5M | 50x | as long as short |
| Aevo TAO-PERPlong | +0.0120% | 1h | 317.23 | long leg | $174K | $998 | 3x | |
| Binance TAOUSDT | +0.0141% | 4h | 317.22 | −0.002% | $93.3M | $511.6M | 75x | as long as short |
| MEXC TAO_USDT | +0.0146% | 4h | 317.25 | +0.006% | $103.6M | $146.9M | 300x | as long as short |
| BingX TAO-USDT | +0.0152% | 4h | 317.09 | −0.044% | — | $37.9M | — | as long as short |
| edgeX TAOUSDC | +0.0153% | 4h | 318.61 | +0.434% | $42K | $322K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0208% | 8h | 317.28 | +0.016% | $14K | $876 | 10x | as long as short |
| Lighter TAO | +0.0208% | 1h | 317.26 | +0.008% | $1.6M | $6.6M | 5x | as long as short |
| Extended TAO-USD | +0.0208% | 1h | 317.14 | −0.029% | $953K | $2.1M | 25x | as long as short |
| Pacifica TAO | +0.0240% | 1h | 317.26 | +0.009% | $376K | $456K | 10x | as long as short |
| Bullet TAO-USD | +0.0243% | 1h | 317.26 | +0.009% | $12K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0255% | 4h | 317.13 | −0.032% | $53K | $262K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0268% | 4h | 317.35 | +0.036% | $541K | $805K | 10x | as long as short |
| Aster TAOUSDT | +0.0310% | 4h | 317.22 | −0.004% | $1.2M | $11.2M | 50x | as long as short |
| Nado TAO-PERP | +0.0355% | 1h | 317.12 | −0.034% | $699K | $2.0M | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0360% / S −0.0107% | 1h | 316.75 | −0.152% | $372K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0390% | 4h | 317.48 | +0.079% | $4.8M | $10.4M | 100x | as long as short |
| Hyperliquid TAO | +0.0439% | 1h | 317.31 | +0.025% | $95.6M | $107.0M | 5x | as long as short |
| Variational Omni TAOshort | +0.0445% | 4h | 318.15 | +0.291% | $5.7M | $9.8M | — | |
| Deribit TAO_USDC-PERPETUAL | +0.0501% | 1h | 317.17 | −0.019% | $15K | $1.9M | 25x | as long as short |
| dYdX TAO-USD | +0.0555% | 1h | 316.92 | −0.098% | $267K | $230K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0590% | 1h | 317.35 | +0.038% | $298K | $1.1M | 10x | as long as short |
| Arcus TAO-USD | +0.0610% | 1h | 317.52 | +0.091% | $100K | $310K | 5x | as long as short |
| Phoenix TAO | +0.0650% | 1h | 317.60 | +0.116% | $319K | $710K | 5x | as long as short |
| RISEx TAO/USDC | +0.0666% | 1h | 317.13 | −0.033% | $437K | $680K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 317.33 | +0.031% | $3K | $2K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0688% | 1h | 317.47 | +0.075% | $1.1M | $7.6M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 317.14 | −0.029% | $365 | — | 20x | as long as short |
| Bulk TAO-USD | +0.0807% | 1h | 318.75 | +0.479% | $169K | $0 | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0929% | 1h | 317.32 | +0.027% | $6.2M | $19.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4405% | 1h | 322.67 | +1.715% | $23K | $2K | 12x | as long as short |
Variational Omni TAO
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Bybit TAOUSDT
Binance TAOUSDT
MEXC TAO_USDT
BingX TAO-USDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Lighter TAO
Extended TAO-USD
Pacifica TAO
Bullet TAO-USD
GRVT TAO_USDT_Perp
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Hyperliquid TAO
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Phoenix TAO
RISEx TAO/USDC
01 Exchange TAOUSD
Coinbase International TAO-PERP-INTX
Bulk TAO-USD
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP