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

TAO

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Variational Omni+0.953%7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on Bybit
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days−0.937%−$94 · spread now +0.953%, 7d avg −0.019%
Together, before fees−0.937%+ Points / potential airdropVariational Omni: Active · farm board−$94 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.972% dearer against Variational Omni than usual: you sell high and buy low, +$97 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TAO303.540.0104pay 0.0052% / 4h1h 20m$3.7M$6.7M—
ShortBybit TAOUSDT306.430.0100get 0.0050% / 4h1h 20m$59.3M$121.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$0.82
Price spread: +0.953% → −0.019%
$97.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$85.4
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bybit: live order book, 3 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, 3 min ago2.89 bpdoesn't fit9.9 bp −$99doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.16 bp9.7 bp −$1017.9 bp −$17939.5 bp −$3,949doesn'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
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0007%1h306.34+0.924%$26K—150xas long as short
dYdX TAO-USD+0.0017%1h306.40+0.942%$126K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h306.00+0.811%$44K$539K20xas long as short
Binance TAOUSDT+0.0100%4h306.35+0.927%$85.7M$414.5M75xas long as short
Bybit TAOUSDTshort+0.0100%4h306.43+0.953%$59.3M$121.4M50x
OKX TAO-USDT-SWAP+0.0100%8h306.60+1.009%$24.6M$95.8M50xas long as short
Arcus TAO-USD+0.0100%1h306.30+0.910%$79K$643K5xas long as short
Bulk TAO-USD+0.0100%1h303.38−0.053%$162K$54K10xas long as short
Gate TAO_USDT+0.0100%4h306.60+1.009%$12.2M$49.0M50xas long as short
MEXC TAO_USDT+0.0100%4h306.69+1.039%$113.1M$125.6M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h306.74+1.055%$18.3M$27.3M75xas long as short
Bitget TAOUSDT+0.0100%4h306.40+0.943%$34.2M$46.0M50xas long as short
BingX TAO-USDT+0.0100%4h306.62+1.016%—$30.4M—as long as short
edgeX TAOUSDC+0.0100%4h303.93+0.130%$39K$278K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h304.26+0.237%$503K$967K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h306.18+0.871%$75K$567K5xas long as short
Bullet TAO-USD+0.0100%1h306.41+0.946%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h306.53+0.986%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h306.61+1.012%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h307.18+1.200%$122K$367K20xas long as short
Phemex TAOUSDT+0.0100%4h306.49+0.973%$3.3M$7.9M50xas long as short
ApeX Omni TAOUSDT+0.0103%1h303.74+0.067%$46K$269K50xas long as short
Variational Omni TAOlong+0.0104%4h303.54long leg$3.7M$6.7M—
Aevo TAO-PERP+0.0104%1h306.73+1.052%$168K$9983xas long as short
Katana Perps TAO-USD+0.0110%8h306.15+0.861%$1K$506K5xas long as short
Aster TAOUSDT+0.0126%4h306.55+0.993%$1.1M$7.7M50xas long as short
Paradex TAO-USD-PERP+0.0159%8h306.08+0.839%$14K$1K10xas long as short
Pacifica TAO+0.0164%1h306.25+0.894%$362K$372K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h306.23+0.889%$437K—100xas long as short
Deribit TAO_USDC-PERPETUAL+0.0226%1h306.56+0.997%$20K$1.4M25xas long as short
Nado TAO-PERP+0.0317%1h305.96+0.797%$826K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h307.02+1.147%$4.2M$9.5M100xas long as short
Lighter TAO+0.0408%1h306.58+1.002%$1.6M$5.3M5xas long as short
01 Exchange TAOUSD+0.0416%1h306.47+0.966%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0468%1h306.72+1.049%$295K$799K10xas long as short
Phoenix TAO+0.0521%1h303.80+0.087%$322K$491K5xas long as short
Reya TAORUSDPERP+0.0695%1h306.05+0.829%$352—20xas long as short
Extended TAO-USD+0.0808%1h306.63+1.020%$834K$2.0M25xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h306.29+0.907%$1.5M$5.6M50xas long as short
Kraken Futures PF_TAOUSD+0.1030%1h306.71+1.045%$5.8M$19.6M50xas long as short
Hyperliquid TAO+0.1078%1h307.07+1.164%$93.5M$80.6M5xas long as short
RISEx TAO/USDC+0.1155%1h306.34+0.922%$417K$544K5xas long as short
Injective TAO/USDC PERP+0.1621%1h308.73+1.711%$22K$26412xas long as short