Funding you earn now, next payment 01:00 UTC−0.0460%/8h= −50.3% APRpaid last 24h +0.009%
Price spread now: dYdX against Variational Omni+0.015%7-day average −0.096% · 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)+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.015%, 7d avg −0.096%
=Together, before fees+0.196%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.111% dearer against Variational Omni than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.096%): +$11 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 3 days funding on this pair paid +0.152%, 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 0.152% in total (about 16.5% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TAO | 318.45 | 0.0460 | pay 0.0230% / 4h | 3h 25m | $5.5M | $8.7M | — |
| Short | dYdX TAO-USD | 318.50 | 0 | get 0.0000% / 1h | 25m 24s | $127K | $88K | 5x |
Variational Omni TAO
dYdX TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$96.52
- Price spread: +0.015% → −0.096%
- $11.14
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$95.38
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; dYdX: live order book, 48 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, 4 min ago | 2.88 bp | doesn't fit | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 48 min ago | 40.38 bp | 48.6 bp −$49 | 63.2 bp −$632 | 187.7 bp −$18.8K | 608.1 bp −$304.0K |
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 | −0.1321% | 1h | 318.22 | −0.073% | $169K | $44K | 10x | as long as short |
| dYdX TAO-USDshort | 0.0000% | 1h | 318.50 | +0.015% | $127K | $88K | 5x | |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 317.94 | −0.162% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.52 | +0.021% | $43K | $592K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.41 | −0.013% | $91.5M | $447.4M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.50 | +0.015% | $26.1M | $108.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.50 | +0.015% | $12.9M | $50.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.40 | −0.016% | $108.9M | $135.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.29 | −0.051% | $18.2M | $29.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.33 | −0.038% | $35.4M | $50.8M | 50x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 317.16 | −0.405% | $40K | $292K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.62 | −0.576% | $523K | $969K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 318.11 | −0.108% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.69 | −0.553% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.21 | −0.076% | $127K | $423K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.67 | −0.246% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.35 | −0.032% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 318.48 | +0.009% | $737 | $625K | 5x | as long as short |
| Bullet TAO-USD | +0.0110% | 1h | 318.66 | +0.065% | $12K | $17K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0093% | 1h | 317.99 | −0.144% | $457K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 318.86 | +0.127% | $377K | $376K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 318.99 | +0.169% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0214% | 4h | 318.46 | +0.002% | $1.1M | $8.6M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0236% | 8h | 318.71 | +0.082% | $14K | $1K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0297% | 1h | 318.63 | +0.056% | $93K | $635K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0312% | 1h | 318.15 | −0.095% | $17K | $1.5M | 25x | as long as short |
| ApeX Omni TAOUSDT | +0.0316% | 1h | 317.14 | −0.412% | $49K | $267K | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 317.04 | −0.444% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 318.81 | +0.112% | — | $30.7M | — | as long as short |
| Variational Omni TAOlong | +0.0460% | 4h | 318.45 | long leg | $5.5M | $8.7M | — | |
| Bybit TAOUSDT | +0.0475% | 4h | 318.76 | +0.097% | $65.7M | $133.1M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0482% | 1h | 318.01 | −0.138% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 318.10 | −0.111% | $333K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 322.97 | +1.419% | $23K | $678 | 12x | as long as short |
| 01 Exchange TAOUSD | +0.0600% | 1h | 319.14 | +0.216% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 318.39 | −0.019% | $366 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0769% | 1h | 318.41 | −0.012% | $890K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0843% | 1h | 318.13 | −0.101% | $321K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 318.19 | −0.082% | $1.5M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 318.89 | +0.138% | $423K | $591K | 5x | as long as short |
| Extended TAO-USD | +0.1144% | 1h | 318.78 | +0.102% | $926K | $2.3M | 25x | as long as short |
| Lighter TAO | +0.1400% | 1h | 319.23 | +0.243% | $1.7M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.2046% | 1h | 318.87 | +0.131% | $103.0M | $91.4M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Bullet TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Polymarket Perps TAO-USD
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDT
BloFin TAO-USDT
BingX TAO-USDT
Bybit TAOUSDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Extended TAO-USD
Lighter TAO
Hyperliquid TAO