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

TAO

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TAOUSD315.350.0167pay 0.0021% / 1h18m 36s$5.6M$20.5M50x
ShortVariational Omni TAO315.730.0845get 0.0422% / 4h2h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 5 min ago10.12 bp21.1 bp −$2128.3 bp −$283107.4 bp −$10.7Kdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago2.87 bpdoesn't fit19.8 bp −$198doesn't fitdoesn't fit

TAO on 42 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
dYdX TAO-USD0.0000%1h315.35−0.002%$126K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h314.36−0.315%$10K150xas long as short
Popdex TAOUSDT+0.0096%1h314.71−0.204%$43K$634K20xas long as short
Binance TAOUSDT+0.0100%4h314.71−0.204%$90.4M$467.3M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.00−0.112%$26.1M$112.9M50xas long as short
Gate TAO_USDT+0.0100%4h315.30−0.017%$12.9M$50.5M50xas long as short
MEXC TAO_USDT+0.0100%4h315.48+0.040%$111.6M$139.4M300xas long as short
KuCoin TAOUSDTM+0.0100%4h315.55+0.062%$18.0M$30.2M75xas long as short
Bitget TAOUSDT+0.0100%4h314.91−0.141%$35.1M$53.7M50xas long as short
edgeX TAOUSDC+0.0100%4h315.73+0.119%$35K$300K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni TAOUSDT+0.0100%1h315.68+0.103%$47K$252K50xas long as short
Orderly PERP_TAO_USDC+0.0100%4h315.46+0.034%$57K$282K10xas long as short
SunX TAO-USDT+0.0100%4h314.41−0.299%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h314.84−0.163%$129K$472K20xas long as short
Phemex TAOUSDT+0.0100%4h315.06−0.093%$3.4M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h315.70+0.108%$173K$9983xas long as short
Katana Perps TAO-USD+0.0118%8h314.77−0.185%$1K$711K5xas long as short
Polymarket Perps TAO-USD+0.0119%1h315.02−0.106%$80K$681K5xas long as short
Kraken Futures PF_TAOUSDlong+0.0167%1h315.35long leg$5.6M$20.5M50x
GMX TAO/USD [WBTC.b-USDC]L +0.0168% / S +0.0098%1h314.27−0.343%$430K100xas long as short
GRVT TAO_USDT_Perp+0.0174%4h317.11+0.557%$523K$954K10xas long as short
Bullet TAO-USD+0.0245%1h314.66−0.220%$12K$17K20xas long as short
Aster TAOUSDT+0.0254%4h315.32−0.010%$1.3M$9.4M50xas long as short
Pacifica TAO+0.0285%1h315.68+0.103%$371K$384K10xas long as short
Arcus TAO-USD+0.0337%1h315.26−0.030%$99K$529K5xas long as short
Paradex TAO-USD-PERP+0.0363%8h315.69+0.105%$14K$1K10xas long as short
Injective TAO/USDC PERP+0.0470%1h318.67+1.051%$23K$2K12xas long as short
Nado TAO-PERP+0.0528%1h315.05−0.097%$786K$2.1M10xas long as short
Phoenix TAO+0.0588%1h317.30+0.617%$332K$681K5xas long as short
01 Exchange TAOUSD+0.0672%1h315.01−0.109%$3K$4K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0677%1h315.38+0.007%$22K$1.5M25xas long as short
Reya TAORUSDPERP+0.0696%1h315.21−0.045%$36220xas long as short
BingX TAO-USDT+0.0780%4h315.03−0.103%$30.9Mas long as short
Bybit TAOUSDT+0.0823%4h314.88−0.150%$66.1M$138.0M50xas long as short
Variational Omni TAOshort+0.0845%4h315.73+0.118%$5.5M$8.9M
Extended TAO-USD+0.0920%1h315.09−0.084%$905K$2.3M25xas long as short
Backpack TAO_USDC_PERP+0.0926%1h315.60+0.078%$319K$810K10xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h316.39+0.328%$1.5M$6.5M50xas long as short
RISEx TAO/USDC+0.1132%1h314.70−0.207%$449K$631K5xas long as short
Hyperliquid TAO+0.1329%1h316.20+0.268%$100.4M$95.1M5xas long as short
Lighter TAO+0.1424%1h316.16+0.255%$1.7M$6.1M5xas long as short
Bulk TAO-USD+0.2752%1h308.95−2.032%$164K$40K10xas long as short