Funding you earn now, next payment 07:00 UTC+0.0364%/8h= +39.9% APRnext payment +$0.46 per $10,000 · paid last 24h +0.065%
Price spread now: Extended against ApeX Omni+0.425%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs+$16as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)−0.672%−$67 · spread now +0.425%, 7d avg −0.070%
=Together, before fees−0.578%+ Points / potential airdropExtended: Active · farm board−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.495% dearer against ApeX Omni than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of −0.070%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.094% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.46 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 | ApeX Omni TAOUSDT | 319.10 | 0.0100 | pay 0.0013% / 1h | 33m 19s | $45K | $259K | 50x |
| Short | Extended TAO-USD | 320.46 | 0.0464 | get 0.0058% / 1h | 33m 19s | $917K | $2.4M | 25x |
ApeX Omni TAOUSDT
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $76.44
- Price spread: +0.425% → −0.070%
- $49.48
- Slippage, 4 orders
- −$18.91
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $92.01
- Costs to cover
- 0.339%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 8 min ago; Extended: live order book, 5 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, 8 min ago | 4.38 bp | 11.4 bp −$11 | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 2.50 bp | 5.3 bp −$5 | 8.0 bp −$80 | 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 | −0.2019% | 1h | 319.65 | +0.172% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 320.04 | +0.293% | $128K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.67 | −0.134% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.20 | +0.345% | $42K | $704K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.60 | +0.470% | $26.8M | $130.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.10 | +0.313% | $14.3M | $51.8M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.30 | +0.376% | $17.9M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.22 | +0.351% | $35.9M | $58.4M | 50x | as long as short |
| ApeX Omni TAOUSDTlong | +0.0100% | 1h | 319.10 | long leg | $45K | $259K | 50x | |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 320.44 | +0.420% | $93K | $1.1M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 320.32 | +0.382% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.91 | +0.254% | $118K | $590K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 319.93 | +0.260% | $726 | $1.0M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0119% / S +0.0148% | 1h | 318.97 | −0.042% | $426K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 320.56 | +0.457% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0120% | 4h | 320.45 | +0.423% | $53K | $292K | 10x | as long as short |
| edgeX TAOUSDC | +0.0159% | 4h | 319.21 | +0.036% | $42K | $317K | 10x | as long as short |
| MEXC TAO_USDT | +0.0160% | 4h | 320.62 | +0.476% | $105.7M | $149.9M | 300x | as long as short |
| Binance TAOUSDT | +0.0161% | 4h | 320.61 | +0.473% | $92.7M | $528.7M | 75x | as long as short |
| Phemex TAOUSDT | +0.0212% | 4h | 320.21 | +0.348% | $3.3M | $8.1M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0262% | 8h | 320.17 | +0.335% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0320% | 4h | 320.50 | +0.439% | $1.3M | $10.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0348% | 4h | 320.60 | +0.470% | $70.1M | $156.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0370% | 4h | 320.52 | +0.445% | — | $34.5M | — | as long as short |
| Bullet TAO-USD | +0.0383% | 1h | 320.58 | +0.464% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0388% | 4h | 318.88 | −0.069% | $543K | $940K | 10x | as long as short |
| BloFin TAO-USDT | +0.0401% | 4h | 320.65 | +0.486% | $4.7M | $11.1M | 100x | as long as short |
| Extended TAO-USDshort | +0.0464% | 1h | 320.46 | +0.425% | $917K | $2.4M | 25x | |
| Pacifica TAO | +0.0525% | 1h | 320.26 | +0.363% | $365K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0538% | 4h | 318.75 | −0.110% | $5.6M | $10.2M | — | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.20 | +0.031% | $318K | $709K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0570% | 1h | 320.38 | +0.403% | $10K | $1.9M | 25x | as long as short |
| Nado TAO-PERP | +0.0577% | 1h | 320.67 | +0.493% | $800K | $2.1M | 10x | as long as short |
| Hyperliquid TAO | +0.0615% | 1h | 320.72 | +0.508% | $94.8M | $110.2M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0624% | 1h | 320.38 | +0.401% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 320.48 | +0.432% | $103K | $394K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0673% | 1h | 320.11 | +0.317% | $298K | $905K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 320.64 | +0.481% | $369 | — | 20x | as long as short |
| Lighter TAO | +0.0832% | 1h | 320.41 | +0.409% | $1.5M | $6.7M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 320.89 | +0.561% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 320.12 | +0.320% | $458K | $665K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1151% | 1h | 320.68 | +0.497% | $6.1M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.63 | +1.420% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Phemex TAOUSDT
Paradex TAO-USD-PERP
Aster TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Hyperliquid TAO
01 Exchange TAOUSD
Arcus TAO-USD
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP