Funding you earn now, next payment 02:00 UTC+0.0677%/8h= +74.2% APRpaid last 24h −0.113%
Price spread now: Variational Omni against Kraken Futures+0.118%7-day average −0.002% · 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)−0.217%−$22 on $10k
+Price spread, last 3 days (all we have)−0.261%−$26 · spread now +0.118%, 7d avg −0.002%
=Together, before fees−0.478%+ Points / potential airdropVariational Omni: Active · farm board−$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Variational Omni is 0.121% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.002%. Mind the row above: over the last 3 days funding on this pair cost −0.217%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.217% in total (about -23.3% a year). A funding rate is set anew for every payment. 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 | Kraken Futures PF_TAOUSD | 315.35 | 0.0167 | pay 0.0021% / 1h | 18m 36s | $5.6M | $20.5M | 50x |
| Short | Variational Omni TAO | 315.73 | 0.0845 | get 0.0422% / 4h | 2h 18m | $5.5M | $8.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Kraken Futures. 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
- $142.25
- Price spread: +0.118% → −0.002%
- $12.06
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $144.3
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 Kraken Futures live order book, 5 min ago | 10.12 bp | 21.1 bp −$21 | 28.3 bp −$283 | 107.4 bp −$10.7K | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.87 bp | doesn't fit | 19.8 bp −$198 | doesn't fit | doesn't fit |
TAO on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 315.35 | −0.002% | $126K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.36 | −0.315% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.71 | −0.204% | $43K | $634K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.71 | −0.204% | $90.4M | $467.3M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.00 | −0.112% | $26.1M | $112.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.30 | −0.017% | $12.9M | $50.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 315.48 | +0.040% | $111.6M | $139.4M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.55 | +0.062% | $18.0M | $30.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.91 | −0.141% | $35.1M | $53.7M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.73 | +0.119% | $35K | $300K | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TAOUSDT | +0.0100% | 1h | 315.68 | +0.103% | $47K | $252K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 315.46 | +0.034% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.41 | −0.299% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.84 | −0.163% | $129K | $472K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 315.06 | −0.093% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.70 | +0.108% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0118% | 8h | 314.77 | −0.185% | $1K | $711K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0119% | 1h | 315.02 | −0.106% | $80K | $681K | 5x | as long as short |
| Kraken Futures PF_TAOUSDlong | +0.0167% | 1h | 315.35 | long leg | $5.6M | $20.5M | 50x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0168% / S +0.0098% | 1h | 314.27 | −0.343% | $430K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0174% | 4h | 317.11 | +0.557% | $523K | $954K | 10x | as long as short |
| Bullet TAO-USD | +0.0245% | 1h | 314.66 | −0.220% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0254% | 4h | 315.32 | −0.010% | $1.3M | $9.4M | 50x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 315.68 | +0.103% | $371K | $384K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 315.26 | −0.030% | $99K | $529K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0363% | 8h | 315.69 | +0.105% | $14K | $1K | 10x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 318.67 | +1.051% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0528% | 1h | 315.05 | −0.097% | $786K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 317.30 | +0.617% | $332K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 315.01 | −0.109% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0677% | 1h | 315.38 | +0.007% | $22K | $1.5M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 315.21 | −0.045% | $362 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0780% | 4h | 315.03 | −0.103% | — | $30.9M | — | as long as short |
| Bybit TAOUSDT | +0.0823% | 4h | 314.88 | −0.150% | $66.1M | $138.0M | 50x | as long as short |
| Variational Omni TAOshort | +0.0845% | 4h | 315.73 | +0.118% | $5.5M | $8.9M | — | |
| Extended TAO-USD | +0.0920% | 1h | 315.09 | −0.084% | $905K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0926% | 1h | 315.60 | +0.078% | $319K | $810K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 316.39 | +0.328% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 314.70 | −0.207% | $449K | $631K | 5x | as long as short |
| Hyperliquid TAO | +0.1329% | 1h | 316.20 | +0.268% | $100.4M | $95.1M | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 316.16 | +0.255% | $1.7M | $6.1M | 5x | as long as short |
| Bulk TAO-USD | +0.2752% | 1h | 308.95 | −2.032% | $164K | $40K | 10x | as long as short |
Kraken Futures PF_TAOUSD
Variational Omni TAO
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
Polymarket Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Bullet TAO-USD
Aster TAOUSDT
Pacifica TAO
Paradex TAO-USD-PERP
Injective TAO/USDC PERP
Phoenix TAO
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
BingX TAO-USDT
Bybit TAOUSDT
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD