TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against ApeX Omni+0.201%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1351.354% of the position

Long on ApeX Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 3 days (all we have)−0.156%−$16 · spread now +0.201%, 7d avg +0.017%

Together, before fees−0.163%−$16 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: Aevo is 0.185% dearer against ApeX Omni than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TAOUSDT	313.37	0.0100	pay 0.0013% / 1h	48m 58s	$47K	$269K	50x
Short	Aevo TAO-PERP	314.00	0.0104	get 0.0013% / 1h	48m 58s	$172K	$998	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee AevobpOrdersPrice spread, now +0.201%Rate

Funding earned: $0.84
Price spread: +0.201% → +0.017%: $18.49
Slippage, 4 orders: −$109.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$116.1
Costs to cover: 1.354%
Break-even: 974.5 days

Slippage from ApeX Omni: live order book, 28 min ago; Aevo: live order book, 30 min ago.

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 ApeX Omni live order book, 28 min ago	3.76 bp	11.3 bp −$11	124.8 bp −$1,248	doesn't fit	doesn't fit
Sell Aevo live order book, 30 min ago	38.86 bp	56.1 bp −$56	302.1 bp −$3,021	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	−0.4722%	1h	314.01	+0.205%	$168K	$48K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	313.16	−0.068%	$125K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	313.65	+0.088%	$21K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	314.39	+0.325%	$23K	$260	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.14	−0.073%	$40K	$549K	20x	as long as short
Pacifica TAO	+0.0100%	1h	313.58	+0.067%	$371K	$372K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	314.05	+0.216%	$88.9M	$421.9M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	314.07	+0.223%	$61.4M	$123.2M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	313.80	+0.137%	$25.2M	$100.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.80	+0.137%	$12.5M	$48.8M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	314.04	+0.214%	$121.0M	$126.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	314.02	+0.207%	$19.1M	$27.7M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.79	+0.134%	$35.1M	$46.2M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	314.01	+0.204%	—	$30.3M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.44	+0.022%	$41K	$280K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	314.12	+0.239%	$519K	$950K	10x	as long as short
ApeX Omni TAOUSDTlong	+0.0100%	1h	313.37	long leg	$47K	$269K	50x
Orderly PERP_TAO_USDC	+0.0100%	4h	313.79	+0.134%	$60K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.70	+0.105%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	314.02	+0.207%	$128K	$394K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	313.79	+0.134%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERPshort	+0.0104%	1h	314.00	+0.201%	$172K	$998	3x
Polymarket Perps TAO-USD	+0.0105%	1h	313.49	+0.038%	$77K	$524K	5x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	313.28	−0.029%	$959	$536K	5x	as long as short
Bullet TAO-USD	+0.0134%	1h	313.88	+0.161%	$11K	$17K	20x	as long as short
Variational Omni TAO	+0.0173%	4h	313.59	+0.069%	$3.8M	$6.9M	—	as long as short
Paradex TAO-USD-PERP	+0.0186%	8h	313.32	−0.015%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0186%	1h	313.61	+0.077%	$83K	$626K	5x	as long as short
Aster TAOUSDT	+0.0210%	4h	314.04	+0.214%	$1.1M	$7.8M	50x	as long as short
BloFin TAO-USDT	+0.0340%	4h	314.07	+0.223%	$4.3M	$9.8M	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0391%	1h	313.90	+0.169%	$19K	$1.4M	25x	as long as short
Kraken Futures PF_TAOUSD	+0.0447%	1h	313.97	+0.193%	$5.8M	$19.8M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0476% / S −0.0175%	1h	313.59	+0.070%	$449K	—	100x	as long as short
Nado TAO-PERP	+0.0496%	1h	313.12	−0.081%	$838K	$2.0M	10x	as long as short
Phoenix TAO	+0.0537%	1h	312.70	−0.214%	$334K	$521K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0575%	1h	314.22	+0.271%	$301K	$798K	10x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	313.38	+0.003%	$360	—	20x	as long as short
Extended TAO-USD	+0.0824%	1h	313.94	+0.182%	$864K	$2.1M	25x	as long as short
01 Exchange TAOUSD	+0.0840%	1h	313.52	+0.048%	$3K	$4K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	314.34	+0.310%	$1.5M	$5.7M	50x	as long as short
RISEx TAO/USDC	+0.1238%	1h	313.37	−0.002%	$431K	$536K	5x	as long as short
Lighter TAO	+0.1616%	1h	314.45	+0.344%	$1.6M	$5.8M	5x	as long as short
Hyperliquid TAO	+0.2186%	1h	314.71	+0.428%	$98.6M	$82.8M	5x	as long as short