Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment $0.05 per $10,000 · paid last 24h −0.068%
Price spread now: ApeX Omni against Extended+0.430%92s7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 4 days (all we have)+1.237%+$124 · spread now +0.430%, 7d avg +0.067%
Together, before fees+1.139%+ Points / potential airdropExtended: Active · farm board+$114 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.363% dearer against Extended than usual: you sell high and buy low (spread +0.430% now, against its 7-day average of +0.067%): +$36 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 28 days. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TAO-USD317.260.0352pay 0.0044% / 1h39m 47s$903K$2.4M25x
ShortApeX Omni TAOUSDT318.620.0309get 0.0039% / 1h39m 47s$46K$260K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.06
Price spread: +0.430% → +0.067%
$36.34
Slippage, 4 orders
−$21.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$9.08
Costs to cover
0.364%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; ApeX Omni: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago2.82 bp6.3 bp −$67.9 bp −$79doesn't fitdoesn't fit
Sell ApeX Omni live order book, 62 min ago4.38 bp11.9 bp −$12115.4 bp −$1,154doesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h317.22−0.011%$22K150xas long as short
dYdX TAO-USD+0.0047%1h317.86+0.189%$127K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h317.17−0.027%$44K$709K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h317.50+0.077%$26.3M$130.4M50xas long as short
Gate TAO_USDT+0.0100%4h317.30+0.014%$14.4M$51.2M50xas long as short
KuCoin TAOUSDTM+0.0100%4h317.17−0.027%$17.8M$32.4M75xas long as short
Bitget TAOUSDT+0.0100%4h317.09−0.052%$35.7M$57.9M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h317.04−0.068%$88K$1.2M5xas long as short
SunX TAO-USDT+0.0100%4h317.16−0.030%$2K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h316.95−0.096%$116K$604K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps TAO-USD+0.0107%8h317.02−0.074%$2K$1.1M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0108% / S +0.0133%1h317.16−0.031%$408K100xas long as short
Aevo TAO-PERP+0.0128%1h317.50+0.077%$174K$9983xas long as short
Orderly PERP_TAO_USDC+0.0149%4h317.48+0.071%$52K$294K10xas long as short
edgeX TAOUSDC+0.0183%4h318.77+0.478%$42K$318K10xas long as short
MEXC TAO_USDT+0.0184%4h317.30+0.014%$100.0M$151.3M300xas long as short
Binance TAOUSDT+0.0185%4h317.44+0.058%$92.1M$529.9M75xas long as short
Paradex TAO-USD-PERP+0.0248%8h318.17+0.289%$14K$1K10xas long as short
Bybit TAOUSDT+0.0287%4h317.65+0.124%$69.5M$156.7M50xas long as short
BingX TAO-USDT+0.0298%4h317.34+0.026%$37.0Mas long as short
Deribit TAO_USDC-PERPETUAL+0.0306%1h317.41+0.050%$15K$2.0M25xas long as short
ApeX Omni TAOUSDTshort+0.0309%1h318.62+0.430%$46K$260K50x
Pacifica TAO+0.0313%1h317.76+0.157%$361K$429K10xas long as short
Bulk TAO-USD+0.0314%1h317.73+0.149%$169K$33310xas long as short
Bullet TAO-USD+0.0324%1h317.30+0.014%$12K$17K20xas long as short
GRVT TAO_USDT_Perp+0.0334%4h318.97+0.541%$544K$926K10xas long as short
Aster TAOUSDT+0.0342%4h317.31+0.017%$1.3M$11.0M50xas long as short
Extended TAO-USDlong+0.0352%1h317.26long leg$903K$2.4M25x
BloFin TAO-USDT+0.0424%4h318.98+0.543%$4.7M$10.9M100xas long as short
Arcus TAO-USD+0.0473%1h317.49+0.074%$102K$381K5xas long as short
Nado TAO-PERP+0.0530%1h317.13−0.041%$786K$2.0M10xas long as short
Phemex TAOUSDT+0.0537%4h317.20−0.018%$3.2M$8.2M50xas long as short
Variational Omni TAO+0.0537%4h318.96+0.538%$5.6M$10.2Mas long as short
Lighter TAO+0.0584%1h317.46+0.065%$1.6M$6.9M5xas long as short
Phoenix TAO+0.0629%1h319.50+0.707%$318K$703K5xas long as short
Reya TAORUSDPERP+0.0698%1h317.24−0.004%$36520xas long as short
Backpack TAO_USDC_PERP+0.0731%1h317.33+0.023%$292K$906K10xas long as short
01 Exchange TAOUSD+0.0752%1h317.27+0.004%$3K$4K5xas long as short
Hyperliquid TAO+0.0766%1h317.68+0.134%$94.0M$110.0M5xas long as short
RISEx TAO/USDC+0.0831%1h317.04−0.069%$447K$670K5xas long as short
Kraken Futures PF_TAOUSD+0.0835%1h317.39+0.042%$5.9M$21.7M50xas long as short
Coinbase International TAO-PERP-INTX+0.0984%1h319.03+0.559%$1.5M$6.9M50xas long as short
Injective TAO/USDC PERP+0.4513%1h322.94+1.792%$23K$2K12xas long as short