Funding you earn now, next payment 06:00 UTC+0.0474%/8h= +51.9% APRpaid last 24h +0.007%
Price spread now: ApeX Omni against Bitget−1.154%73s7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+1.498%+$150 · spread now −1.154%, 7d avg +0.071%
=Funding pays, the price is against you. ApeX Omni is 1.225% cheaper against Bitget than usual: you would sell low and buy high (spread −1.154% now, against its 7-day average of +0.071%). If the spread goes back, that is −$122 on $10k: about 8.6 days of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.009% in total) that is about years. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% 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 | Bitget TAOUSDT | 318.86 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $35.9M | $57.4M | 50x |
| Short | ApeX Omni TAOUSDT | 315.18 | 0.0574 | get 0.0072% / 1h | 20m 12s | $45K | $256K | 50x |
Bitget TAOUSDT
ApeX Omni TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bitget. 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
- $99.61
- Price spread: −1.154% → +0.071%
- −$122.48
- Slippage, 4 orders
- −$24.59
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$69.46
- Costs to cover
- 0.466%
- Break-even
- 11.9 days
Slippage from Bitget: live order book, 4 min ago; ApeX Omni: live order book, 26 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 Bitget live order book, 4 min ago | 1.59 bp | 10.4 bp −$10 | 12.9 bp −$129 | 31.6 bp −$3,162 | doesn't fit |
| Sell ApeX Omni live order book, 26 min ago | 5.58 bp | 13.1 bp −$13 | 121.9 bp −$1,219 | 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 | −1.606% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 319.02 | +0.049% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0039% | 1h | 319.36 | +0.157% | $127K | $85K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 320.05 | +0.373% | $91.9M | $511.3M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.10 | +0.389% | $26.7M | $125.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.20 | +0.107% | $14.2M | $51.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 320.15 | +0.405% | $100.2M | $147.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.01 | +0.361% | $17.6M | $31.5M | 75x | as long as short |
| Bitget TAOUSDTlong | +0.0100% | 4h | 318.86 | long leg | $35.9M | $57.4M | 50x | |
| edgeX TAOUSDC | +0.0100% | 4h | 315.37 | −1.093% | $42K | $315K | 10x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.34 | +0.151% | $91K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.73 | −0.041% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.27 | +0.129% | $116K | $563K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.86 | +0.314% | $3.2M | $8.0M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.86 | +0.001% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 319.57 | +0.223% | $2K | $936K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0119% | 4h | 319.07 | +0.066% | $53K | $290K | 10x | as long as short |
| Popdex TAOUSDT | +0.0120% | 1h | 319.61 | +0.235% | $53K | $670K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0128% / S +0.0141% | 1h | 318.89 | +0.010% | $428K | — | 100x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 319.65 | +0.249% | $364K | $419K | 10x | as long as short |
| Nado TAO-PERP | +0.0245% | 1h | 319.38 | +0.164% | $804K | $2.2M | 10x | as long as short |
| Aster TAOUSDT | +0.0253% | 4h | 319.89 | +0.322% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0276% | 8h | 319.84 | +0.308% | $15K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0299% | 1h | 319.22 | +0.112% | $6.0M | $21.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0331% | 1h | 319.32 | +0.144% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.38 | −0.151% | $4.6M | $11.1M | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0374% | 4h | 315.91 | −0.924% | $537K | $923K | 10x | as long as short |
| Bybit TAOUSDT | +0.0395% | 4h | 320.18 | +0.414% | $69.9M | $153.2M | 50x | as long as short |
| BingX TAO-USDT | +0.0402% | 4h | 319.20 | +0.107% | — | $33.7M | — | as long as short |
| Variational Omni TAO | +0.0459% | 4h | 318.52 | −0.107% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 319.98 | +0.351% | $103K | $345K | 5x | as long as short |
| Extended TAO-USD | +0.0496% | 1h | 318.92 | +0.020% | $906K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 316.70 | −0.677% | $315K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0564% | 1h | 319.07 | +0.066% | $15K | $1.8M | 25x | as long as short |
| ApeX Omni TAOUSDTshort | +0.0574% | 1h | 315.18 | −1.154% | $45K | $256K | 50x | |
| Reya TAORUSDPERP | +0.0697% | 1h | 319.47 | +0.191% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0792% | 1h | 320.45 | +0.499% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 319.32 | +0.144% | $1.5M | $6.6M | 5x | as long as short |
| Hyperliquid TAO | +0.0822% | 1h | 319.68 | +0.257% | $93.8M | $109.1M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0843% | 1h | 318.60 | −0.082% | $316K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 320.16 | +0.408% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 319.72 | +0.270% | $462K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 319.48 | +0.194% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Orderly PERP_TAO_USDC
Popdex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Nado TAO-PERP
Aster TAOUSDT
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
GRVT TAO_USDT_Perp
Bybit TAOUSDT
BingX TAO-USDT
Variational Omni TAO
Arcus TAO-USD
Extended TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
01 Exchange TAOUSD
Lighter TAO
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP