Funding you earn now, next payment 05:00 UTC−0.0149%/8h= −16.3% APRnext payment −$0.19 per $10,000 · paid last 24h −0.006%
Price spread now: ApeX Omni against Deribit+0.867%74s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as 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−$420.422% of the position
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 4 days (all we have)−0.874%−$87 · spread now +0.867%, 7d avg −0.009%
=The price spread pays, funding is against you. ApeX Omni is 0.876% dearer against Deribit than usual: you sell high and buy low (spread +0.867% now, against its 7-day average of −0.009%): +$88 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 days. Mind the row above: over the last 7 days funding on this pair paid +0.180%, so the current rate has only just turned against you. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TAO_USDC-PERPETUAL | 311.55 | 0.0249 | pay 0.0031% / 1h | 50m 14s | $21K | $1.7M | 25x |
| Short | ApeX Omni TAOUSDT | 314.25 | 0.0100 | get 0.0013% / 1h | 50m 14s | $46K | $255K | 50x |
Deribit TAO_USDC-PERPETUAL
ApeX Omni TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. 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
- −$31.29
- Price spread: +0.867% → −0.009%
- $87.65
- Slippage, 4 orders
- −$25.19
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $14.16
- Costs to cover
- 0.422%
- Break-even
- from the start
Slippage from Deribit: live order book, 4 min ago; ApeX Omni: live order book, 1 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 Deribit live order book, 4 min ago | 3.98 bp | 7.5 bp −$7 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 1 min ago | 5.43 bp | 13.3 bp −$13 | 140.9 bp −$1,409 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0348% | 1h | 311.57 | +0.006% | $5.5M | $20.6M | 50x | as long as short |
| Gate TAO_USDT | −0.0044% | 4h | 311.60 | +0.017% | $12.9M | $49.4M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 312.28 | +0.235% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 311.42 | −0.043% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.71 | +0.052% | $43K | $653K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 311.59 | +0.013% | $638 | $808K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 312.48 | +0.299% | $356K | $412K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.80 | +0.080% | $89.8M | $497.3M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 311.87 | +0.103% | $67.2M | $149.5M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 312.10 | +0.177% | $25.8M | $120.1M | 50x | as long as short |
Kraken Futures PF_TAOUSD
Gate TAO_USDT
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | +0.0100% | 1h | 315.10 | +1.140% | $167K | $2K | 10x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 311.90 | +0.113% | $100.9M | $143.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.50 | −0.016% | $17.6M | $31.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 311.81 | +0.084% | $34.9M | $56.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 312.02 | +0.151% | — | $33.0M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.18 | +0.844% | $42K | $312K | 10x | as long as short |
| ApeX Omni TAOUSDTshort | +0.0100% | 1h | 314.25 | +0.867% | $46K | $255K | 50x | |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 311.41 | −0.044% | $80K | $867K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 311.74 | +0.061% | $11K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 311.62 | +0.023% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.27 | −0.089% | $108K | $536K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.67 | +0.039% | $171K | $998 | 3x | as long as short |
| GRVT TAO_USDT_Perp | +0.0112% | 4h | 314.50 | +0.948% | $533K | $955K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0119% | 4h | 311.57 | +0.007% | $52K | $270K | 10x | as long as short |
| Aster TAOUSDT | +0.0126% | 4h | 311.46 | −0.030% | $1.2M | $10.4M | 50x | as long as short |
| Hyperliquid TAO | +0.0126% | 1h | 312.17 | +0.200% | $91.5M | $106.8M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0142% / S +0.0125% | 1h | 311.44 | −0.034% | $423K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0142% | 8h | 312.26 | +0.227% | $14K | $1K | 10x | as long as short |
| Extended TAO-USD | +0.0184% | 1h | 311.53 | −0.007% | $913K | $2.4M | 25x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 312.49 | +0.302% | $101K | $441K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUALlong | +0.0249% | 1h | 311.55 | long leg | $21K | $1.7M | 25x | |
| Nado TAO-PERP | +0.0266% | 1h | 311.60 | +0.017% | $791K | $2.2M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.43 | +0.283% | $4.5M | $10.8M | 100x | as long as short |
| Variational Omni TAO | +0.0346% | 4h | 312.61 | +0.341% | $5.6M | $10.0M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0380% | 1h | 312.04 | +0.158% | $310K | $914K | 10x | as long as short |
| Lighter TAO | +0.0384% | 1h | 312.04 | +0.159% | $1.5M | $6.4M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0408% | 1h | 311.86 | +0.100% | $3K | $4K | 5x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 313.90 | +0.755% | $312K | $711K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 311.65 | +0.032% | $358 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 312.14 | +0.190% | $433K | $653K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 312.27 | +0.232% | $1.5M | $6.6M | 50x | as long as short |
| Phemex TAOUSDT | +0.1382% | 4h | 311.68 | +0.042% | $3.2M | $8.1M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 317.38 | +1.872% | $23K | $2K | 12x | as long as short |
Bulk TAO-USD
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
Aster TAOUSDT
Hyperliquid TAO
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Extended TAO-USD
Arcus TAO-USD
Nado TAO-PERP
BloFin TAO-USDT
Variational Omni TAO
Backpack TAO_USDC_PERP
Lighter TAO
01 Exchange TAOUSD
Phoenix TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Phemex TAOUSDT
Injective TAO/USDC PERP