Funding you earn now, next payment 04:00 UTC−0.0766%/8h= −83.9% APRnext payment −$3.83 per $10,000 · paid last 24h −0.009%
Price spread now: Bitget against Variational Omni+1.173%7-day average −0.034% · 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)−0.010%−$1 on $10k
+Price spread, last 7 days−1.100%−$110 · spread now +1.173%, 7d avg −0.034%
=Together, before fees−1.110%+ Points / potential airdropVariational Omni: Active · farm board−$111 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 1.207% dearer against Variational Omni than usual: you sell high and buy low (spread +1.173% now, against its 7-day average of −0.034%): +$121 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 3 days (−0.010% in total) that is about 14 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.010% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.83 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 | 320.39 | 0.0866 | pay 0.0433% / 4h | 1h 32m | $5.9M | $9.7M | — |
| Short | Bitget TAOUSDT | 324.15 | 0.0100 | get 0.0050% / 4h | 1h 32m | $36.2M | $54.4M | 50x |
Variational Omni TAO
Bitget TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$160.88
- Price spread: +1.173% → −0.034%
- $120.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.2
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bitget: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 1 min ago | 3.48 bp | doesn't fit | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.46 bp | 13.8 bp −$14 | 22.8 bp −$228 | 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-USD | −0.5583% | 1h | 316.49 | −1.218% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 323.76 | +1.051% | $129K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 323.91 | +1.098% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 324.52 | +1.288% | $36K | $671K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 324.23 | +1.198% | $94.5M | $477.0M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 324.20 | +1.188% | $26.7M | $119.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 324.00 | +1.126% | $13.3M | $49.6M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 324.24 | +1.201% | $110.5M | $141.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 324.21 | +1.191% | $17.9M | $31.1M | 75x | as long as short |
| Bitget TAOUSDTshort | +0.0100% | 4h | 324.15 | +1.173% | $36.2M | $54.4M | 50x |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTMShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 322.54 | +0.672% | $36K | $302K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 324.24 | +1.201% | $88K | $789K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 324.16 | +1.176% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 324.26 | +1.207% | $131K | $480K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 324.33 | +1.229% | $3.5M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 324.87 | +1.396% | $178K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0110% | 4h | 324.15 | +1.173% | $59K | $281K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 324.37 | +1.241% | $1K | $765K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0161% / S +0.0106% | 1h | 323.89 | +1.090% | $441K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0242% | 1h | 324.27 | +1.211% | $5.7M | $20.6M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0264% | 4h | 324.65 | +1.330% | $540K | $963K | 10x | as long as short |
| Bullet TAO-USD | +0.0318% | 1h | 324.41 | +1.253% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0320% | 8h | 324.16 | +1.177% | $15K | $1K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 324.60 | +1.313% | $4.5M | $10.9M | 100x | as long as short |
| Aster TAOUSDT | +0.0371% | 4h | 324.29 | +1.216% | $1.2M | $9.6M | 50x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 324.38 | +1.245% | $383K | $396K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 324.60 | +1.313% | $339K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 324.66 | +1.332% | $101K | $489K | 5x | as long as short |
| Nado TAO-PERP | +0.0535% | 1h | 324.34 | +1.233% | $793K | $2.2M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0587% | 1h | 324.22 | +1.194% | $31K | $1.6M | 25x | as long as short |
| Bybit TAOUSDT | +0.0607% | 4h | 324.36 | +1.238% | $71.2M | $143.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0608% | 4h | 324.17 | +1.179% | — | $30.2M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 324.34 | +1.232% | $373 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 324.96 | +1.426% | $3K | $4K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0804% | 1h | 322.29 | +0.592% | $47K | $254K | 50x | as long as short |
| Variational Omni TAOlong | +0.0866% | 4h | 320.39 | long leg | $5.9M | $9.7M | — | |
| Lighter TAO | +0.0888% | 1h | 324.82 | +1.383% | $1.6M | $6.3M | 5x | as long as short |
| Extended TAO-USD | +0.0904% | 1h | 324.14 | +1.168% | $949K | $2.3M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 325.33 | +1.541% | $1.5M | $6.7M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.1074% | 1h | 324.63 | +1.323% | $446K | $860K | 10x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 324.46 | +1.269% | $460K | $628K | 5x | as long as short |
| Hyperliquid TAO | +0.1317% | 1h | 324.60 | +1.313% | $102.0M | $98.9M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 323.37 | +0.929% | $24K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
GRVT TAO_USDT_Perp
Bullet TAO-USD
Paradex TAO-USD-PERP
BloFin TAO-USDT
Aster TAOUSDT
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Nado TAO-PERP
Deribit TAO_USDC-PERPETUAL
Bybit TAOUSDT
BingX TAO-USDT
Reya TAORUSDPERP
01 Exchange TAOUSD
ApeX Omni TAOUSDT
Lighter TAO
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP