Funding you earn now, next payment 06:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.004%
Price spread now: edgeX against ApeX Omni+0.105%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.105%, 7d avg −0.031%
=Together, before fees−0.203%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.136% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.031%): +$14 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.064% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.3% 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 | ApeX Omni TAOUSDT | 318.01 | 0.0504 | pay 0.0063% / 1h | 13m 26s | $45K | $256K | 50x |
| Short | edgeX TAOUSDC | 318.35 | 0.0100 | get 0.0050% / 4h | 2h 13m | $42K | $317K | 10x |
ApeX Omni TAOUSDT
edgeX TAOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$84.77
- Price spread: +0.105% → −0.031%
- $13.6
- Slippage, 4 orders
- −$29.18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$119.35
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 33 min ago; edgeX: live order book, 35 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, 33 min ago | 5.58 bp | 13.0 bp −$13 | 111.1 bp −$1,111 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 6.37 bp | 11.2 bp −$11 | 26.6 bp −$266 | 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 | −0.0038% | 1h | 313.74 | −1.343% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.97 | +0.303% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0033% | 1h | 318.94 | +0.293% | $127K | $85K | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.20 | +0.374% | $26.7M | $125.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.00 | +0.311% | $14.2M | $51.6M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.21 | +0.377% | $17.6M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.08 | +0.336% | $35.9M | $57.4M | 50x | as long as short |
| edgeX TAOUSDCshort | +0.0100% | 4h | 318.35 | +0.105% | $42K | $317K | 10x | |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.22 | +0.380% | $91K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.13 | +0.038% | $2K | $1.9M | 20x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 317.66 | −0.110% | $116K | $565K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.73 | +0.226% | $3.2M | $8.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0104% | 4h | 319.34 | +0.418% | $100.9M | $148.0M | 300x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.63 | +0.195% | $175K | $998 | 3x | as long as short |
| Binance TAOUSDT | +0.0104% | 4h | 319.37 | +0.428% | $91.7M | $513.0M | 75x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 319.08 | +0.336% | $2K | $945K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0118% | 4h | 319.23 | +0.384% | $53K | $291K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0127% / S +0.0142% | 1h | 318.93 | +0.290% | $427K | — | 100x | as long as short |
| Popdex TAOUSDT | +0.0128% | 1h | 319.40 | +0.437% | $54K | $671K | 20x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 319.34 | +0.417% | $364K | $420K | 10x | as long as short |
| Aster TAOUSDT | +0.0265% | 4h | 319.04 | +0.325% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0280% | 8h | 319.67 | +0.523% | $15K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0282% | 1h | 319.46 | +0.455% | $803K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0299% | 1h | 318.94 | +0.292% | $6.0M | $21.6M | 50x | as long as short |
| Bullet TAO-USD | +0.0325% | 1h | 319.38 | +0.431% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.52 | +0.160% | $4.6M | $11.0M | 100x | as long as short |
| Bybit TAOUSDT | +0.0384% | 4h | 319.37 | +0.428% | $69.9M | $153.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0400% | 4h | 319.31 | +0.409% | — | $33.8M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0436% | 4h | 318.55 | +0.171% | $545K | $935K | 10x | as long as short |
| Variational Omni TAO | +0.0467% | 4h | 317.98 | −0.009% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 319.72 | +0.538% | $103K | $345K | 5x | as long as short |
| ApeX Omni TAOUSDTlong | +0.0504% | 1h | 318.01 | long leg | $45K | $256K | 50x | |
| Extended TAO-USD | +0.0504% | 1h | 319.45 | +0.452% | $906K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 318.90 | +0.280% | $317K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0683% | 1h | 318.65 | +0.201% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 319.20 | +0.376% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0800% | 1h | 319.73 | +0.541% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0810% | 1h | 319.42 | +0.443% | $93.8M | $109.5M | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 319.63 | +0.510% | $1.5M | $6.6M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0835% | 1h | 318.87 | +0.270% | $316K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 318.73 | +0.226% | $1.5M | $7.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 319.34 | +0.417% | $461K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 322.94 | +1.550% | $23K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
MEXC TAO_USDT
Aevo TAO-PERP
Binance TAOUSDT
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Popdex TAOUSDT
Pacifica TAO
Aster TAOUSDT
Paradex TAO-USD-PERP
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
Bybit TAOUSDT
BingX TAO-USDT
GRVT TAO_USDT_Perp
Variational Omni TAO
Arcus TAO-USD
Extended TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
01 Exchange TAOUSD
Hyperliquid TAO
Lighter TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP