Funding you earn now, next payment 03:00 UTC−0.0448%/8h= −49.1% APRpaid last 24h −0.002%
Price spread now: GRVT against ApeX Omni+0.046%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$460.458% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.046%, 7d avg −0.015%
=Together, before fees−0.110%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.061% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.015%): +$6 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.031% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% 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 | 319.20 | 0.0686 | pay 0.0086% / 1h | 36m 18s | $47K | $254K | 50x |
| Short | GRVT TAO_USDT_Perp | 319.35 | 0.0238 | get 0.0119% / 4h | 1h 36m | $531K | $957K | 10x |
ApeX Omni TAOUSDT
GRVT TAO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$94.1
- Price spread: +0.046% → −0.015%
- $6.05
- Slippage, 4 orders
- −$26.79
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$133.83
- Costs to cover
- 0.458%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 25 min ago; GRVT: live order book, 27 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, 25 min ago | 5.52 bp | 12.5 bp −$13 | 117.8 bp −$1,178 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 27 min ago | 2.21 bp | 9.5 bp −$10 | 14.8 bp −$148 | 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 | −0.3652% | 1h | 316.49 | −0.849% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 320.84 | +0.513% | $128K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 320.05 | +0.267% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.77 | +0.492% | $45K | $657K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 320.47 | +0.398% | $93.4M | $474.1M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.10 | +0.282% | $26.4M | $117.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.50 | +0.407% | $13.1M | $49.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 320.46 | +0.395% | $109.7M | $140.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.49 | +0.404% | $18.1M | $30.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.27 | +0.335% | $35.8M | $54.1M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 319.73 | +0.166% | $36K | $300K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 321.02 | +0.570% | $88K | $789K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 320.32 | +0.351% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.67 | +0.461% | $130K | $479K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 320.44 | +0.388% | $3.5M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 320.69 | +0.465% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0107% | 4h | 320.46 | +0.395% | $58K | $281K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 320.84 | +0.514% | $682 | $765K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0162% / S +0.0106% | 1h | 320.08 | +0.275% | $435K | — | 100x | as long as short |
| GRVT TAO_USDT_Perpshort | +0.0238% | 4h | 319.35 | +0.046% | $531K | $957K | 10x | |
| Kraken Futures PF_TAOUSD | +0.0245% | 1h | 320.47 | +0.397% | $5.6M | $20.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0303% | 1h | 320.58 | +0.434% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0320% | 8h | 321.19 | +0.624% | $15K | $1K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 321.38 | +0.683% | $4.5M | $10.7M | 100x | as long as short |
| Aster TAOUSDT | +0.0342% | 4h | 320.53 | +0.417% | $1.2M | $9.3M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0376% | 1h | 320.33 | +0.353% | $17K | $1.6M | 25x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 321.17 | +0.618% | $379K | $396K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 320.50 | +0.407% | $335K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 321.45 | +0.705% | $101K | $490K | 5x | as long as short |
| Nado TAO-PERP | +0.0539% | 1h | 320.54 | +0.419% | $777K | $2.1M | 10x | as long as short |
| Bybit TAOUSDT | +0.0591% | 4h | 320.40 | +0.376% | $68.5M | $140.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0608% | 4h | 320.37 | +0.367% | — | $30.3M | — | as long as short |
| ApeX Omni TAOUSDTlong | +0.0686% | 1h | 319.20 | long leg | $47K | $254K | 50x | |
| Reya TAORUSDPERP | +0.0696% | 1h | 320.58 | +0.433% | $369 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0768% | 1h | 321.39 | +0.686% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0878% | 4h | 320.22 | +0.319% | $5.9M | $9.7M | — | as long as short |
| Lighter TAO | +0.0896% | 1h | 320.66 | +0.456% | $1.6M | $6.3M | 5x | as long as short |
| Extended TAO-USD | +0.0904% | 1h | 320.35 | +0.361% | $939K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.1015% | 1h | 321.59 | +0.749% | $442K | $860K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 321.63 | +0.761% | $1.5M | $6.6M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 321.21 | +0.630% | $457K | $627K | 5x | as long as short |
| Hyperliquid TAO | +0.1355% | 1h | 320.95 | +0.548% | $100.9M | $98.6M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 323.37 | +1.306% | $24K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Bullet TAO-USD
Paradex TAO-USD-PERP
BloFin TAO-USDT
Aster TAOUSDT
Deribit TAO_USDC-PERPETUAL
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Nado TAO-PERP
Bybit TAOUSDT
BingX TAO-USDT
Reya TAORUSDPERP
01 Exchange TAOUSD
Variational Omni TAO
Lighter TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP