Funding you earn now, next payment 12:00 UTC−0.0363%/8h= −39.7% APRnext payment −$1.81 per $10,000 · paid last 24h −0.037%
Price spread now: BingX against Variational Omni−0.283%7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.037%−$4 on $10k
+Price spread, last 7 days+0.280%+$28 · spread now −0.283%, 7d avg −0.027%
=Together, before fees+0.243%+ Points / potential airdropVariational Omni: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and BingX is 0.256% cheaper against Variational Omni than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.037% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.81 per $10,000. 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 | Variational Omni TAO | 322.30 | 0.0521 | pay 0.0260% / 4h | 2h 55m | $5.7M | $9.8M | — |
| Short | BingX TAO-USDT | 321.39 | 0.0158 | get 0.0079% / 4h | 2h 55m | — | $39.0M | — |
Variational Omni TAO
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$76.22
- Price spread: −0.283% → −0.027%
- −$25.57
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$111.79
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BingX: live order book, 8 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 Variational Omni RFQ quote, 3 min ago | 3.18 bp | doesn't fit | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.08 bp | 7.7 bp −$8 | 11.5 bp −$115 | 22.1 bp −$2,208 | 66.1 bp −$33.0K |
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-USD | −0.0985% | 1h | 321.65 | −0.202% | $171K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 324.21 | +0.592% | $20K | — | 150x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 321.35 | −0.295% | $70.7M | $155.2M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 321.10 | −0.373% | $26.9M | $130.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 321.20 | −0.342% | $15.4M | $48.0M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 321.54 | −0.236% | $17.6M | $32.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 321.40 | −0.280% | $36.3M | $56.7M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 322.85 | +0.170% | $89K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 322.01 | −0.091% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 322.42 | +0.037% | $118K | $554K | 20x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | +0.0100% | 4h | 321.92 | −0.119% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0115% | 8h | 322.67 | +0.114% | $1K | $1.2M | 5x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 322.32 | +0.007% | $177K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0154% | 4h | 321.71 | −0.184% | $106.9M | $149.2M | 300x | as long as short |
| Binance TAOUSDT | +0.0156% | 4h | 321.47 | −0.257% | $94.6M | $519.7M | 75x | as long as short |
| BingX TAO-USDTshort | +0.0158% | 4h | 321.39 | −0.283% | — | $39.0M | — | |
| edgeX TAOUSDC | +0.0158% | 4h | 323.48 | +0.365% | $43K | $321K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0225% | 8h | 323.01 | +0.218% | $15K | $876 | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0247% | 4h | 322.31 | +0.002% | $54K | $274K | 10x | as long as short |
| Popdex TAOUSDT | +0.0256% | 1h | 322.85 | +0.170% | $50K | $703K | 20x | as long as short |
| Extended TAO-USD | +0.0296% | 1h | 321.54 | −0.236% | $973K | $2.2M | 25x | as long as short |
| Pacifica TAO | +0.0301% | 1h | 322.98 | +0.212% | $376K | $439K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0304% | 4h | 323.87 | +0.485% | $550K | $826K | 10x | as long as short |
| Aster TAOUSDT | +0.0320% | 4h | 321.65 | −0.202% | $1.3M | $11.2M | 50x | as long as short |
| Arcus TAO-USD | +0.0364% | 1h | 323.20 | +0.279% | $102K | $329K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0365% / S −0.0107% | 1h | 322.05 | −0.077% | $379K | — | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0392% | 1h | 323.88 | +0.490% | $46K | $256K | 50x | as long as short |
| BloFin TAO-USDT | +0.0396% | 4h | 323.31 | +0.313% | $4.9M | $11.0M | 100x | as long as short |
| Lighter TAO | +0.0456% | 1h | 322.43 | +0.039% | $1.6M | $6.6M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0488% | 1h | 322.23 | −0.023% | $20K | $1.9M | 25x | as long as short |
| Variational Omni TAOlong | +0.0521% | 4h | 322.30 | long leg | $5.7M | $9.8M | — | |
| Bullet TAO-USD | +0.0537% | 1h | 322.47 | +0.052% | $12K | $17K | 20x | as long as short |
| Nado TAO-PERP | +0.0545% | 1h | 322.60 | +0.092% | $739K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 323.80 | +0.465% | $326K | $712K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0674% | 1h | 322.36 | +0.019% | $6.3M | $20.9M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 322.17 | −0.041% | $370 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0701% | 1h | 322.74 | +0.136% | $446K | $714K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 323.28 | +0.303% | $3K | $4K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0832% | 1h | 322.51 | +0.064% | $1.1M | $7.5M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0848% | 1h | 322.18 | −0.038% | $302K | $1.1M | 10x | as long as short |
| Hyperliquid TAO | +0.1159% | 1h | 322.39 | +0.027% | $97.3M | $110.2M | 5x | as long as short |
| dYdX TAO-USD | +0.1233% | 1h | 322.32 | +0.006% | $272K | $232K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3320% | 1h | 327.96 | +1.755% | $24K | $2K | 12x | as long as short |
Phemex TAOUSDT
Katana Perps TAO-USD
Aevo TAO-PERP
MEXC TAO_USDT
Binance TAOUSDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Orderly PERP_TAO_USDC
Popdex TAOUSDT
Extended TAO-USD
Pacifica TAO
GRVT TAO_USDT_Perp
Aster TAOUSDT
Arcus TAO-USD
GMX TAO/USD [WBTC.b-USDC]
ApeX Omni TAOUSDT
BloFin TAO-USDT
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Bullet TAO-USD
Nado TAO-PERP
Phoenix TAO
Kraken Futures PF_TAOUSD
Reya TAORUSDPERP
RISEx TAO/USDC
01 Exchange TAOUSD
Coinbase International TAO-PERP-INTX
Backpack TAO_USDC_PERP
Hyperliquid TAO
dYdX TAO-USD
Injective TAO/USDC PERP