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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.16 per $10,000 · paid last 24h −0.051%
Price spread now: Variational Omni against BloFin+0.058%56s7-day average +0.029% · 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)−0.231%−$23 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.058%, 7d avg +0.029%
Together, before fees−0.258%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.029% dearer against BloFin than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.029%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 4 days (−0.231% in total) that is about 11 hours. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAO-USDT311.790.0340pay 0.0170% / 4h3h 20m$4.5M$10.8M100x
ShortVariational Omni TAO311.970.0308get 0.0154% / 4h3h 20m$5.5M$10.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
−$6.71
Price spread: +0.058% → +0.029%
$2.9
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$15.81
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago3.54 bp11.9 bp −$1216.0 bp −$16025.3 bp −$2,526doesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.86 bpdoesn't fit17.9 bp −$17945.7 bp −$4,572doesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TAOUSD−0.0348%1h312.22+0.138%$5.5M$20.6M50xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h312.02+0.074%$20K150xas long as short
dYdX TAO-USD+0.0012%1h311.34−0.143%$124K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h312.08+0.093%$46K$656K20xas long as short
Katana Perps TAO-USD+0.0099%8h311.90+0.035%$1K$842K5xas long as short
Pacifica TAO+0.0100%1h311.74−0.017%$355K$414K10xas long as short
Binance TAOUSDT+0.0100%4h312.19+0.128%$89.4M$500.7M75xas long as short
Bybit TAOUSDT+0.0100%4h312.31+0.167%$67.2M$150.4M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h312.40+0.196%$26.0M$120.7M50xas long as short
Gate TAO_USDT+0.0100%4h311.90+0.035%$13.3M$50.2M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TAO_USDT+0.0100%4h312.20+0.131%$102.5M$145.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h312.00+0.067%$17.8M$31.2M75xas long as short
Bitget TAOUSDT+0.0100%4h312.08+0.093%$35.0M$56.5M50xas long as short
BingX TAO-USDT+0.0100%4h312.26+0.151%$33.8Mas long as short
edgeX TAOUSDC+0.0100%4h310.82−0.310%$41K$313K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h310.69−0.351%$528K$956K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h310.73−0.340%$46K$254K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h311.93+0.045%$79K$901K5xas long as short
Bullet TAO-USD+0.0100%1h312.32+0.170%$11K$18K20xas long as short
SunX TAO-USDT+0.0100%4h311.68−0.035%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h311.70−0.029%$110K$542K20xas long as short
Phemex TAOUSDT+0.0100%4h312.08+0.093%$3.1M$8.0M50xas long as short
Aevo TAO-PERP+0.0104%1h312.33+0.172%$172K$9983xas long as short
Aster TAOUSDT+0.0104%4h312.18+0.124%$1.3M$10.5M50xas long as short
Orderly PERP_TAO_USDC+0.0115%4h312.30+0.164%$52K$290K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0137% / S +0.0135%1h312.07+0.090%$414K100xas long as short
Paradex TAO-USD-PERP+0.0145%8h312.03+0.077%$14K$1K10xas long as short
Arcus TAO-USD+0.0231%1h312.29+0.160%$101K$394K5xas long as short
Extended TAO-USD+0.0304%1h312.19+0.129%$909K$2.4M25xas long as short
Variational Omni TAOshort+0.0308%4h311.97+0.058%$5.5M$10.1M
Nado TAO-PERP+0.0336%1h312.08+0.094%$786K$2.2M10xas long as short
BloFin TAO-USDTlong+0.0340%4h311.79long leg$4.5M$10.8M100x
Phoenix TAO+0.0457%1h311.10−0.221%$310K$711K5xas long as short
Hyperliquid TAO+0.0462%1h312.25+0.148%$91.7M$107.7M5xas long as short
01 Exchange TAOUSD+0.0480%1h312.19+0.128%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0492%1h311.65−0.045%$310K$885K10xas long as short
Lighter TAO+0.0576%1h312.44+0.208%$1.5M$6.5M5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0627%1h312.37+0.184%$14K$1.8M25xas long as short
Reya TAORUSDPERP+0.0697%1h312.08+0.093%$35920xas long as short
RISEx TAO/USDC+0.0816%1h312.08+0.095%$442K$653K5xas long as short
Bulk TAO-USD+0.0817%1h310.92−0.279%$165K$33310xas long as short
Coinbase International TAO-PERP-INTX+0.0952%1h312.08+0.093%$1.5M$6.7M50xas long as short
Injective TAO/USDC PERP+0.4092%1h315.24+1.107%$23K$2K12xas long as short