Funding you earn now, next payment 11:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h −0.043%
Price spread now: Polymarket Perps against Variational Omni−0.360%7-day average −0.061% · 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)−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.360%, 7d avg −0.061%
=Together, before fees+0.121%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.299% cheaper against Variational Omni than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.061%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.044% in total (about -4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TAO | 318.15 | 0.0445 | pay 0.0223% / 4h | 1h 54m | $5.7M | $9.8M | — |
| Short | Polymarket Perps TAO-USD | 317.01 | 0.0100 | get 0.0013% / 1h | 54m 04s | $81K | $1.1M | 5x |
Variational Omni TAO
Polymarket Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$72.47
- Price spread: −0.360% → −0.061%
- −$29.88
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$110.36
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Polymarket Perps: live order book, 2 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 | 2.87 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 3.62 bp | 7.6 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
TAO on 43 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 316.99 | −0.365% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.34 | −0.256% | $50K | $630K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.20 | −0.300% | $26.9M | $128.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.90 | −0.394% | $15.8M | $47.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.09 | −0.334% | $17.6M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.03 | −0.353% | $35.9M | $56.1M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.54 | +0.436% | $45K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0100% | 1h | 317.01 | −0.360% | $81K | $1.1M | 5x | |
| SunX TAO-USDT | +0.0100% | 4h | 317.14 | −0.319% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.28 | −0.275% | $113K | $563K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
SunX TAO-USDT
HTX TAO-USDTShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | +0.0100% | 4h | 317.28 | −0.275% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0104% | 8h | 317.22 | −0.294% | $895 | $1.3M | 5x | as long as short |
| Bybit TAOUSDT | +0.0106% | 4h | 317.28 | −0.275% | $69.5M | $155.5M | 50x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 317.35 | −0.251% | $174K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0146% | 4h | 317.29 | −0.272% | $103.7M | $146.9M | 300x | as long as short |
| Binance TAOUSDT | +0.0146% | 4h | 317.34 | −0.256% | $93.3M | $511.6M | 75x | as long as short |
| BingX TAO-USDT | +0.0152% | 4h | 317.20 | −0.300% | — | $38.0M | — | as long as short |
| edgeX TAOUSDC | +0.0153% | 4h | 318.61 | +0.143% | $42K | $322K | 10x | as long as short |
| Lighter TAO | +0.0208% | 1h | 317.38 | −0.243% | $1.6M | $6.6M | 5x | as long as short |
| Extended TAO-USD | +0.0208% | 1h | 317.20 | −0.299% | $953K | $2.1M | 25x | as long as short |
| Paradex TAO-USD-PERP | +0.0208% | 8h | 317.18 | −0.305% | $14K | $876 | 10x | as long as short |
| Bullet TAO-USD | +0.0215% | 1h | 317.45 | −0.222% | $12K | $17K | 20x | as long as short |
| Pacifica TAO | +0.0240% | 1h | 317.24 | −0.286% | $376K | $456K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0256% | 4h | 317.25 | −0.284% | $53K | $262K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0286% | 4h | 318.50 | +0.109% | $543K | $805K | 10x | as long as short |
| Aster TAOUSDT | +0.0314% | 4h | 317.30 | −0.269% | $1.2M | $11.2M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0360% / S −0.0107% | 1h | 316.89 | −0.397% | $373K | — | 100x | as long as short |
| Nado TAO-PERP | +0.0363% | 1h | 317.23 | −0.290% | $699K | $2.0M | 10x | as long as short |
| BloFin TAO-USDT | +0.0390% | 4h | 317.48 | −0.212% | $4.8M | $10.4M | 100x | as long as short |
| Hyperliquid TAO | +0.0433% | 1h | 317.39 | −0.239% | $95.6M | $107.0M | 5x | as long as short |
| Variational Omni TAOlong | +0.0445% | 4h | 318.15 | long leg | $5.7M | $9.8M | — | |
| Deribit TAO_USDC-PERPETUAL | +0.0461% | 1h | 317.27 | −0.279% | $15K | $1.9M | 25x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.60 | +0.455% | $321K | $710K | 5x | as long as short |
| dYdX TAO-USD | +0.0568% | 1h | 316.92 | −0.388% | $267K | $230K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0590% | 1h | 317.35 | −0.253% | $298K | $1.1M | 10x | as long as short |
| Arcus TAO-USD | +0.0610% | 1h | 317.68 | −0.149% | $100K | $311K | 5x | as long as short |
| RISEx TAO/USDC | +0.0666% | 1h | 317.29 | −0.271% | $431K | $683K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0688% | 1h | 317.47 | −0.215% | $1.1M | $7.6M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0696% | 1h | 317.54 | −0.193% | $3K | $2K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 317.36 | −0.248% | $365 | — | 20x | as long as short |
| Bulk TAO-USD | +0.0807% | 1h | 318.75 | +0.187% | $169K | $0 | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0928% | 1h | 317.41 | −0.234% | $6.2M | $19.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4405% | 1h | 322.67 | +1.419% | $23K | $2K | 12x | as long as short |
Phemex TAOUSDT
Katana Perps TAO-USD
Bybit TAOUSDT
Aevo TAO-PERP
MEXC TAO_USDT
Binance TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
Lighter TAO
Extended TAO-USD
Paradex TAO-USD-PERP
Bullet TAO-USD
Pacifica TAO
Orderly PERP_TAO_USDC
GRVT TAO_USDT_Perp
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERP
BloFin TAO-USDT
Hyperliquid TAO
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
dYdX TAO-USD
Backpack TAO_USDC_PERP
Arcus TAO-USD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
01 Exchange TAOUSD
Reya TAORUSDPERP
Bulk TAO-USD
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP