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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0493%/8h= −53.9% APRnext payment $2.46 per $10,000 · paid last 24h +0.027%
Price spread now: Aster against Variational Omni+1.191%7-day average +0.065% · 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)+0.131%+$13 on $10k
Price spread, last 7 days−0.998%−$100 · spread now +1.191%, 7d avg +0.065%
Together, before fees−0.867%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$87 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 1.126% dearer against Variational Omni than usual: you sell high and buy low (spread +1.191% now, against its 7-day average of +0.065%): +$113 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 7.6 days. Mind the row above: over the last 3 days funding on this pair paid +0.131%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.131% in total (about 13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TAO320.390.0866pay 0.0433% / 4h1h 32m$5.9M$9.7M
ShortAster TAOUSDT324.210.0373get 0.0187% / 4h1h 32m$1.2M$9.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
−$103.46
Price spread: +1.191% → +0.065%
$112.62
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$1.16
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aster: live order book, 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 Variational Omni RFQ quote, 1 min ago3.48 bpdoesn't fit10.3 bp −$103doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago1.85 bp6.5 bp −$618.8 bp −$188546.6 bp −$54.7Kdoesn'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
Bulk TAO-USD−0.5583%1h316.49−1.218%$168K$1K10xas long as short
dYdX TAO-USD0.0000%1h324.03+1.135%$129K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h323.91+1.098%$21K150xas long as short
Popdex TAOUSDT+0.0096%1h324.15+1.173%$35K$671K20xas long as short
Binance TAOUSDT+0.0100%4h324.10+1.157%$94.5M$477.1M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h324.00+1.126%$26.7M$119.6M50xas long as short
Gate TAO_USDT+0.0100%4h323.90+1.095%$13.3M$49.6M50xas long as short
MEXC TAO_USDT+0.0100%4h324.11+1.160%$110.5M$141.0M300xas long as short
KuCoin TAOUSDTM+0.0100%4h323.98+1.120%$17.9M$31.1M75xas long as short
Bitget TAOUSDT+0.0100%4h323.94+1.107%$36.2M$54.4M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h322.54+0.672%$36K$302K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h324.24+1.201%$88K$789K5xas long as short
SunX TAO-USDT+0.0100%4h324.16+1.176%$2K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h324.26+1.207%$131K$480K20xas long as short
Phemex TAOUSDT+0.0100%4h324.33+1.229%$3.5M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h324.87+1.396%$178K$9983xas long as short
Orderly PERP_TAO_USDC+0.0110%4h324.15+1.173%$59K$281K10xas long as short
Katana Perps TAO-USD+0.0117%8h324.16+1.176%$689$773K5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0161% / S +0.0106%1h323.89+1.090%$441K100xas long as short
Kraken Futures PF_TAOUSD+0.0242%1h324.27+1.211%$5.7M$20.6M50xas long as short
GRVT TAO_USDT_Perp+0.0264%4h324.65+1.330%$540K$963K10xas long as short
Bullet TAO-USD+0.0318%1h324.41+1.253%$12K$18K20xas long as short
Paradex TAO-USD-PERP+0.0322%8h324.12+1.165%$15K$1K10xas long as short
BloFin TAO-USDT+0.0340%4h324.60+1.313%$4.5M$10.9M100xas long as short
Aster TAOUSDTshort+0.0373%4h324.21+1.191%$1.2M$9.6M50x
Pacifica TAO+0.0448%1h324.27+1.210%$383K$396K10xas long as short
Phoenix TAO+0.0504%1h324.60+1.313%$339K$707K5xas long as short
Arcus TAO-USD+0.0509%1h324.46+1.270%$101K$489K5xas long as short
Nado TAO-PERP+0.0535%1h324.34+1.233%$793K$2.2M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0587%1h324.22+1.194%$31K$1.6M25xas long as short
Bybit TAOUSDT+0.0602%4h324.25+1.204%$71.2M$143.0M50xas long as short
BingX TAO-USDT+0.0608%4h324.12+1.163%$30.2Mas long as short
Reya TAORUSDPERP+0.0696%1h324.34+1.232%$37320xas long as short
01 Exchange TAOUSD+0.0784%1h324.69+1.341%$3K$4K5xas long as short
ApeX Omni TAOUSDT+0.0804%1h322.29+0.592%$47K$254K50xas long as short
Variational Omni TAOlong+0.0866%4h320.39long leg$5.9M$9.7M
Lighter TAO+0.0888%1h324.42+1.258%$1.6M$6.3M5xas long as short
Extended TAO-USD+0.0904%1h324.07+1.148%$949K$2.3M25xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h325.33+1.541%$1.5M$6.7M50xas long as short
Backpack TAO_USDC_PERP+0.1074%1h324.63+1.323%$446K$860K10xas long as short
RISEx TAO/USDC+0.1159%1h324.22+1.195%$460K$628K5xas long as short
Hyperliquid TAO+0.1317%1h324.60+1.313%$102.0M$98.9M5xas long as short
Injective TAO/USDC PERP+0.4172%1h323.37+0.929%$24K$2K12xas long as short