Funding you earn now, next payment 08:00 UTC−0.0271%/8h= −29.7% APRnext payment −$1.35 per $10,000 · paid last 24h −0.021%
Price spread now: MEXC against Variational Omni+0.227%7-day average −0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.021%−$2 on $10k
+Price spread, last 7 days−0.210%−$21 · spread now +0.227%, 7d avg −0.025%
=Together, before fees−0.232%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.251% dearer against Variational Omni than usual: you sell high and buy low (spread +0.227% now, against its 7-day average of −0.025%): +$25 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 4 days (−0.021% in total) that is about 42 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.021% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.35 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 | 313.10 | 0.0371 | pay 0.0185% / 4h | 2h 48m | $5.5M | $10.1M | — |
| Short | MEXC TAO_USDT | 313.81 | 0.0100 | get 0.0050% / 4h | 2h 48m | $104.8M | $144.6M | 300x |
Variational Omni TAO
MEXC TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$56.87
- Price spread: +0.227% → −0.025%
- $25.13
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$31.74
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; MEXC: live order book, 6 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 | 2.87 bp | doesn't fit | 9.9 bp −$99 | 27.9 bp −$2,792 | doesn't fit |
| Sell MEXC live order book, 6 min ago | 0.16 bp | 3.6 bp −$4 | 12.2 bp −$122 | 29.7 bp −$2,968 | 106.2 bp −$53.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 313.35 | +0.079% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 313.43 | +0.104% | $22K | — | 150x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 313.50 | +0.128% | $2K | $882K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.85 | +0.239% | $89.7M | $504.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.60 | +0.160% | $26.2M | $122.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.20 | +0.032% | $13.7M | $50.4M | 50x | as long as short |
| MEXC TAO_USDTshort | +0.0100% | 4h | 313.81 | +0.227% | $104.8M | $144.6M | 300x | |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.39 | +0.093% | $17.5M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.22 | +0.038% | $35.3M | $56.9M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.14 | −0.307% | $41K | $314K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 313.47 | +0.118% | $81K | $909K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.15 | +0.016% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.82 | −0.089% | $111K | $545K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.37 | +0.088% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 313.21 | +0.035% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0132% / S +0.0137% | 1h | 313.42 | +0.102% | $419K | — | 100x | as long as short |
| Bulk TAO-USD | +0.0138% | 1h | 312.42 | −0.216% | $166K | $333 | 10x | as long as short |
| Aster TAOUSDT | +0.0156% | 4h | 313.75 | +0.208% | $1.3M | $10.5M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0229% | 8h | 313.54 | +0.141% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 313.59 | +0.156% | $357K | $419K | 10x | as long as short |
| Popdex TAOUSDT | +0.0248% | 1h | 313.70 | +0.192% | $49K | $662K | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0255% | 1h | 312.72 | −0.121% | $46K | $255K | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0260% | 4h | 313.21 | +0.037% | $532K | $942K | 10x | as long as short |
| Nado TAO-PERP | +0.0261% | 1h | 313.58 | +0.152% | $780K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0304% | 1h | 313.18 | +0.026% | $5.5M | $20.7M | 50x | as long as short |
| Bullet TAO-USD | +0.0335% | 1h | 313.81 | +0.226% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.62 | +0.166% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0358% | 4h | 313.79 | +0.220% | — | $33.6M | — | as long as short |
| Variational Omni TAOlong | +0.0371% | 4h | 313.10 | long leg | $5.5M | $10.1M | — | |
| Phemex TAOUSDT | +0.0374% | 4h | 313.47 | +0.118% | $3.1M | $7.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0384% | 4h | 313.99 | +0.284% | $68.0M | $151.3M | 50x | as long as short |
| Extended TAO-USD | +0.0392% | 1h | 313.60 | +0.161% | $905K | $2.4M | 25x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0427% | 1h | 313.20 | +0.033% | $11K | $1.8M | 25x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 313.95 | +0.271% | $101K | $370K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 313.30 | +0.064% | $312K | $713K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 313.51 | +0.130% | $361 | — | 20x | as long as short |
| Hyperliquid TAO | +0.0719% | 1h | 313.66 | +0.179% | $91.8M | $108.4M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0784% | 1h | 314.19 | +0.348% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0806% | 1h | 313.51 | +0.131% | $311K | $885K | 10x | as long as short |
| Lighter TAO | +0.0920% | 1h | 313.78 | +0.216% | $1.5M | $6.5M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 314.20 | +0.351% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 313.75 | +0.206% | $452K | $651K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 316.07 | +0.949% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Bulk TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Pacifica TAO
Popdex TAOUSDT
ApeX Omni TAOUSDT
GRVT TAO_USDT_Perp
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Phemex TAOUSDT
Bybit TAOUSDT
Extended TAO-USD
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
Phoenix TAO
Reya TAORUSDPERP
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP