Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TAO-PERP317.230.0120pay 0.0015% / 1h53m 26s$174K$9983x
ShortVariational Omni TAO318.150.0445get 0.0223% / 4h1h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 58 min ago34.56 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.87 bpdoesn't fit17.8 bp −$178doesn't fitdoesn't fit

TAO on 43 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0003%1h316.99−0.075%$20K150xas long as short
Popdex TAOUSDT+0.0096%1h317.230.000%$50K$632K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.20−0.010%$26.9M$128.5M50xas long as short
Gate TAO_USDT+0.0100%4h316.90−0.104%$15.8M$47.3M50xas long as short
KuCoin TAOUSDTM+0.0100%4h317.08−0.048%$17.6M$31.4M75xas long as short
Bitget TAOUSDT+0.0100%4h316.96−0.085%$35.9M$56.0M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h317.79+0.176%$45K$253K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h316.86−0.117%$81K$1.1M5xas long as short
SunX TAO-USDT+0.0100%4h316.96−0.085%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h317.28+0.015%$113K$563K20xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TAOUSDT+0.0100%4h317.28+0.015%$3.2M$8.1M50xas long as short
Katana Perps TAO-USD+0.0104%8h316.98−0.079%$3K$1.3M5xas long as short
Bybit TAOUSDT+0.0106%4h317.25+0.006%$69.5M$155.5M50xas long as short
Aevo TAO-PERPlong+0.0120%1h317.23long leg$174K$9983x
Binance TAOUSDT+0.0141%4h317.22−0.002%$93.3M$511.6M75xas long as short
MEXC TAO_USDT+0.0146%4h317.25+0.006%$103.6M$146.9M300xas long as short
BingX TAO-USDT+0.0152%4h317.09−0.044%$37.9Mas long as short
edgeX TAOUSDC+0.0153%4h318.61+0.434%$42K$322K10xas long as short
Paradex TAO-USD-PERP+0.0208%8h317.28+0.016%$14K$87610xas long as short
Lighter TAO+0.0208%1h317.26+0.008%$1.6M$6.6M5xas long as short
Extended TAO-USD+0.0208%1h317.14−0.029%$953K$2.1M25xas long as short
Pacifica TAO+0.0240%1h317.26+0.009%$376K$456K10xas long as short
Bullet TAO-USD+0.0243%1h317.26+0.009%$12K$17K20xas long as short
Orderly PERP_TAO_USDC+0.0255%4h317.13−0.032%$53K$262K10xas long as short
GRVT TAO_USDT_Perp+0.0268%4h317.35+0.036%$541K$805K10xas long as short
Aster TAOUSDT+0.0310%4h317.22−0.004%$1.2M$11.2M50xas long as short
Nado TAO-PERP+0.0355%1h317.12−0.034%$699K$2.0M10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0360% / S −0.0107%1h316.75−0.152%$372K100xas long as short
BloFin TAO-USDT+0.0390%4h317.48+0.079%$4.8M$10.4M100xas long as short
Hyperliquid TAO+0.0439%1h317.31+0.025%$95.6M$107.0M5xas long as short
Variational Omni TAOshort+0.0445%4h318.15+0.291%$5.7M$9.8M
Deribit TAO_USDC-PERPETUAL+0.0501%1h317.17−0.019%$15K$1.9M25xas long as short
dYdX TAO-USD+0.0555%1h316.92−0.098%$267K$230K5xas long as short
Backpack TAO_USDC_PERP+0.0590%1h317.35+0.038%$298K$1.1M10xas long as short
Arcus TAO-USD+0.0610%1h317.52+0.091%$100K$310K5xas long as short
Phoenix TAO+0.0650%1h317.60+0.116%$319K$710K5xas long as short
RISEx TAO/USDC+0.0666%1h317.13−0.033%$437K$680K5xas long as short
01 Exchange TAOUSD+0.0672%1h317.33+0.031%$3K$2K5xas long as short
Coinbase International TAO-PERP-INTX+0.0688%1h317.47+0.075%$1.1M$7.6M50xas long as short
Reya TAORUSDPERP+0.0699%1h317.14−0.029%$36520xas long as short
Bulk TAO-USD+0.0807%1h318.75+0.479%$169K$010xas long as short
Kraken Futures PF_TAOUSD+0.0929%1h317.32+0.027%$6.2M$19.5M50xas long as short
Injective TAO/USDC PERP+0.4405%1h322.67+1.715%$23K$2K12xas long as short