Funding you earn now, next payment 22:00 UTC+0.0701%/8h= +76.8% APRpaid last 24h +0.252%
Price spread now: Variational Omni against Bulk−0.563%48s7-day average +0.132% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.303%+$30 on $10k
+Price spread, last 4 days (all we have)+0.979%+$98 · spread now −0.563%, 7d avg +0.132%
=Together, before fees+1.282%+ Points / potential airdropVariational Omni: Active · farm board+$128 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.695% cheaper against Bulk than usual: you would sell low and buy high (spread −0.563% now, against its 7-day average of +0.132%). If the spread goes back, that is −$69 on $10k: about 3.3 days of funding at the current rate (+$21 a day). At the pace of the last 3 days (+0.303% in total) that is about 7.4 days. The two prices were read 48 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 | Bulk TAO-USD | 309.73 | −0.0601 | get 0.0075% / 1h | 6m 42s | $203K | $57K | 10x |
| Short | Variational Omni TAO | 307.99 | 0.0100 | get 0.0050% / 4h | 2h 06m | $3.7M | $6.6M | — |
Bulk TAO-USD
Variational Omni TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bulk. 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
- $147.23
- Price spread: −0.563% → +0.132%
- −$69.45
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $70.77
- Costs to cover
- 0.070%
- Break-even
- 3.6 days
Slippage unknown: Bulk: live order book, 17 min ago; Variational Omni: RFQ quote, 2 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 Bulk live order book, 17 min ago | 0.16 bp | 3.7 bp −$4 | 5.1 bp −$51 | 10.6 bp −$1,063 | 39.7 bp −$19.8K |
| Sell Variational Omni RFQ quote, 2 min ago | 2.87 bp | doesn't fit | 13.7 bp −$137 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USDlong | −0.0601% | 1h | 309.73 | long leg | $203K | $57K | 10x | |
| dYdX TAO-USD | 0.0000% | 1h | 308.27 | −0.472% | $129K | $84K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | 0.0000% | 1h | 309.03 | −0.225% | $11K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 309.36 | −0.120% | $26K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 309.65 | −0.026% | $43K | $528K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 309.85 | +0.039% | $366K | $368K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 308.38 | −0.436% | $86.5M | $405.5M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 308.65 | −0.349% | $60.0M | $119.4M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 308.50 | −0.397% | $25.5M | $93.8M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 309.93 | +0.065% | $138K | $604K | 5x | as long as short |
dYdX TAO-USD
Deribit TAO_USDC-PERPETUAL
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TAO_USDT | +0.0100% | 4h | 308.50 | −0.397% | $12.3M | $48.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 308.60 | −0.365% | $119.0M | $126.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 308.54 | −0.384% | $18.9M | $26.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 308.47 | −0.407% | $34.5M | $44.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 308.47 | −0.407% | — | $30.4M | — | as long as short |
| Variational Omni TAOshort | +0.0100% | 4h | 307.99 | −0.563% | $3.7M | $6.6M | — | |
| edgeX TAOUSDC | +0.0100% | 4h | 308.32 | −0.454% | $40K | $277K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 309.18 | −0.178% | $550K | $965K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 307.84 | −0.610% | $46K | $268K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 309.71 | −0.006% | $78K | $675K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 309.59 | −0.044% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 309.22 | −0.165% | $59K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 309.38 | −0.113% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 309.54 | −0.061% | $122K | $353K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 309.01 | −0.232% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 309.34 | −0.125% | $170K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 309.82 | +0.029% | $1K | $451K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0161% | 8h | 309.59 | −0.045% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0162% | 4h | 308.66 | −0.347% | $1.1M | $7.6M | 50x | as long as short |
| Phoenix TAO | +0.0234% | 1h | 308.80 | −0.300% | $327K | $462K | 5x | as long as short |
| Nado TAO-PERP | +0.0294% | 1h | 309.65 | −0.025% | $855K | $1.9M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 309.54 | −0.061% | $4.3M | $9.5M | 100x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0486% / S −0.0184% | 1h | 309.31 | −0.134% | $454K | — | 100x | as long as short |
| 01 Exchange TAOUSD | +0.0544% | 1h | 310.12 | +0.126% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0694% | 1h | 309.53 | −0.065% | $356 | — | 20x | as long as short |
| Extended TAO-USD | +0.0768% | 1h | 308.57 | −0.375% | $912K | $2.0M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0913% | 1h | 309.00 | −0.236% | $384K | $754K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 311.63 | +0.613% | $1.5M | $5.5M | 50x | as long as short |
| Lighter TAO | +0.0976% | 1h | 308.69 | −0.335% | $1.7M | $4.8M | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1019% | 1h | 309.25 | −0.155% | $6.4M | $19.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.1053% | 1h | 309.81 | +0.026% | $414K | $542K | 5x | as long as short |
| Hyperliquid TAO | +0.1849% | 1h | 309.38 | −0.113% | $96.9M | $77.6M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4876% | 1h | 308.73 | −0.323% | $22K | $271 | 12x | as long as short |
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Paradex TAO-USD-PERP
Aster TAOUSDT
Phoenix TAO
Nado TAO-PERP
BloFin TAO-USDT
GMX TAO/USD [WBTC.b-USDC]
01 Exchange TAOUSD
Reya TAORUSDPERP
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Lighter TAO
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP