Funding you earn now, next payment 03:00 UTC−0.0249%/8h= −27.3% APRpaid last 24h −0.002%
Price spread now: HTX against ApeX Omni−0.079%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2172.167% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.079%, 7d avg −0.118%
=The price spread pays, funding is against you. HTX is 0.039% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.118%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.072% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.8% 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 | 316.96 | 0.0349 | pay 0.0044% / 1h | 7m 18s | $47K | $252K | 50x |
| Short | HTX TAO-USDT | 316.71 | 0.0100 | get 0.0050% / 4h | 1h 07m | $109K | $529K | 20x |
ApeX Omni TAOUSDT
HTX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$52.37
- Price spread: −0.079% → −0.118%
- $3.92
- Slippage, 4 orders
- −$194.71
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$265.16
- Costs to cover
- 2.167%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 54 min ago; HTX: live order book, 56 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, 54 min ago | 5.52 bp | 12.5 bp −$13 | 117.8 bp −$1,178 | doesn't fit | doesn't fit |
| Sell HTX live order book, 56 min ago | 18.11 bp | 80.2 bp −$80 | doesn't fit | 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 | −0.1916% | 1h | 325.17 | +2.590% | $172K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.57 | −0.123% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.80 | −0.366% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.40 | −0.177% | $40K | $686K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.20 | −0.240% | $91.9M | $490.3M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.40 | −0.492% | $26.0M | $119.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.00 | −0.303% | $13.0M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.37 | −0.186% | $104.6M | $144.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.00 | −0.303% | $17.6M | $31.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.03 | −0.609% | $35.1M | $55.7M | 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 | 317.23 | +0.084% | $36K | $302K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.05 | −0.287% | $88K | $797K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.83 | −0.357% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDTshort | +0.0100% | 4h | 316.71 | −0.079% | $109K | $529K | 20x | |
| Aevo TAO-PERP | +0.0104% | 1h | 315.84 | −0.355% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 316.20 | −0.240% | $673 | $780K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0127% | 4h | 315.50 | −0.461% | $57K | $275K | 10x | as long as short |
| Bullet TAO-USD | +0.0151% | 1h | 316.43 | −0.167% | $12K | $18K | 20x | as long as short |
| Phemex TAOUSDT | +0.0154% | 4h | 317.03 | +0.022% | $3.4M | $7.9M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0156% / S +0.0112% | 1h | 315.96 | −0.317% | $428K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0178% | 4h | 317.27 | +0.098% | $528K | $965K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0205% | 1h | 315.35 | −0.508% | $15K | $1.6M | 25x | as long as short |
| Paradex TAO-USD-PERP | +0.0243% | 8h | 316.82 | −0.044% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0249% | 1h | 315.26 | −0.536% | $5.6M | $20.8M | 50x | as long as short |
| Aster TAOUSDT | +0.0278% | 4h | 316.56 | −0.127% | $1.2M | $10.1M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 317.25 | +0.091% | $4.6M | $11.3M | 100x | as long as short |
| ApeX Omni TAOUSDTlong | +0.0349% | 1h | 316.96 | long leg | $47K | $252K | 50x | |
| BingX TAO-USDT | +0.0386% | 4h | 315.93 | −0.325% | — | $30.4M | — | as long as short |
| Bybit TAOUSDT | +0.0392% | 4h | 315.76 | −0.379% | $69.2M | $146.2M | 50x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 316.58 | −0.121% | $372K | $413K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 317.70 | +0.233% | $332K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 316.90 | −0.019% | $100K | $488K | 5x | as long as short |
| Nado TAO-PERP | +0.0581% | 1h | 316.11 | −0.269% | $821K | $2.2M | 10x | as long as short |
| Extended TAO-USD | +0.0616% | 1h | 315.24 | −0.543% | $927K | $2.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0664% | 1h | 316.69 | −0.085% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.07 | −0.280% | $363 | — | 20x | as long as short |
| Lighter TAO | +0.0720% | 1h | 316.82 | −0.043% | $1.6M | $6.4M | 5x | as long as short |
| Variational Omni TAO | +0.0799% | 4h | 316.62 | −0.106% | $5.9M | $9.8M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0857% | 1h | 316.77 | −0.060% | $315K | $927K | 10x | as long as short |
| Hyperliquid TAO | +0.0983% | 1h | 316.35 | −0.194% | $95.6M | $104.1M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 317.44 | +0.151% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 316.67 | −0.090% | $437K | $661K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 321.62 | +1.470% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
Bullet TAO-USD
Phemex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Deribit TAO_USDC-PERPETUAL
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Aster TAOUSDT
BloFin TAO-USDT
BingX TAO-USDT
Bybit TAOUSDT
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Nado TAO-PERP
Extended TAO-USD
01 Exchange TAOUSD
Reya TAORUSDPERP
Lighter TAO
Variational Omni TAO
Backpack TAO_USDC_PERP
Hyperliquid TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP