Funding you earn now, next payment 03:00 UTC+0.0424%/8h= +46.5% APRpaid last 24h +0.002%
Price spread now: ApeX Omni against OKX+2.739%70s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as 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−$470.467% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−1.951%−$195 · spread now +2.739%, 7d avg +0.059%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and ApeX Omni is 2.679% dearer against OKX than usual: you sell high and buy low: +$268 more if the spread goes back to its 7-day average of +0.059%. The two prices were read 70 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 0.060% in total (about 3.1% 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 | OKX TAO-USDT-SWAP | 315.50 | 0.0100 | pay 0.0100% / 8h | 5h 12m | $26.0M | $119.4M | 50x |
| Short | ApeX Omni TAOUSDT | 324.14 | 0.0524 | get 0.0066% / 1h | 12m 23s | $48K | $253K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- $89.11
- Price spread: +2.739% → +0.059%
- $267.91
- Slippage, 4 orders
- −$26.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $310.36
- Costs to cover
- 0.467%
- Break-even
- from the start
Slippage from OKX: live order book, 2 min ago; ApeX Omni: live order book, 49 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 OKX live order book, 2 min ago | 1.58 bp | 11.1 bp −$11 | 23.4 bp −$234 | 73.0 bp −$7,298 | doesn't fit |
| Sell ApeX Omni live order book, 49 min ago | 5.52 bp | 13.4 bp −$13 | 122.5 bp −$1,225 | 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 | +3.065% | $172K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.15 | +0.206% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.32 | −0.058% | $20K | — | 150x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0057% | 1h | 315.57 | +0.022% | $16K | $1.6M | 25x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 316.37 | +0.276% | $40K | $686K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 315.52 | +0.007% | $91.8M | $489.0M | 75x | as long as short |
| OKX TAO-USDT-SWAPlong | +0.0100% | 8h | 315.50 | long leg | $26.0M | $119.4M | 50x | |
| Gate TAO_USDT | +0.0100% | 4h | 315.40 | −0.032% | $12.9M | $50.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 315.95 | +0.143% | $101.2M | $143.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.96 | +0.146% | $17.6M | $31.6M | 75x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 315.17 | −0.105% | $35.2M | $55.6M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 323.66 | +2.587% | $36K | $303K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.11 | +0.193% | $87K | $794K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.20 | −0.095% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.57 | +0.022% | $128K | $482K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.46 | −0.013% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 316.04 | +0.171% | $672 | $776K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0125% | 4h | 315.27 | −0.073% | $57K | $282K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0157% / S +0.0112% | 1h | 315.32 | −0.056% | $429K | — | 100x | as long as short |
| Bullet TAO-USD | +0.0199% | 1h | 315.43 | −0.023% | $12K | $18K | 20x | as long as short |
| Phemex TAOUSDT | +0.0219% | 4h | 315.93 | +0.136% | $3.4M | $7.9M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0224% | 4h | 321.44 | +1.882% | $533K | $965K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0249% | 1h | 315.46 | −0.011% | $5.6M | $20.8M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0260% | 8h | 316.36 | +0.273% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0290% | 4h | 316.00 | +0.158% | $1.2M | $10.0M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 316.00 | +0.158% | $3.8M | $11.3M | 100x | as long as short |
| Bybit TAOUSDT | +0.0442% | 4h | 315.60 | +0.032% | $69.2M | $146.0M | 50x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 316.36 | +0.273% | $374K | $405K | 10x | as long as short |
| BingX TAO-USDT | +0.0452% | 4h | 315.44 | −0.019% | — | $30.4M | — | as long as short |
| Phoenix TAO | +0.0504% | 1h | 324.80 | +2.948% | $340K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 316.72 | +0.387% | $100K | $488K | 5x | as long as short |
| ApeX Omni TAOUSDTshort | +0.0524% | 1h | 324.14 | +2.739% | $48K | $253K | 50x | |
| Nado TAO-PERP | +0.0619% | 1h | 315.87 | +0.116% | $790K | $2.2M | 10x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 315.93 | +0.136% | $363 | — | 20x | as long as short |
| Extended TAO-USD | +0.0704% | 1h | 315.37 | −0.043% | $927K | $2.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0720% | 1h | 316.35 | +0.269% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0760% | 1h | 316.80 | +0.411% | $1.6M | $6.4M | 5x | as long as short |
| Variational Omni TAO | +0.0831% | 4h | 317.31 | +0.575% | $5.9M | $9.8M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0928% | 1h | 315.29 | −0.067% | $314K | $923K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 316.00 | +0.158% | $1.5M | $6.8M | 50x | as long as short |
| Hyperliquid TAO | +0.1076% | 1h | 316.09 | +0.187% | $95.9M | $104.5M | 5x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 316.36 | +0.271% | $444K | $657K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 321.62 | +1.940% | $23K | $2K | 12x | as long as short |
OKX TAO-USDT-SWAP
ApeX Omni TAOUSDT
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Deribit TAO_USDC-PERPETUAL
Popdex TAOUSDT
Binance TAOUSDT
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Bullet TAO-USD
Phemex TAOUSDT
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Paradex TAO-USD-PERP
Aster TAOUSDT
BloFin TAO-USDT
Bybit TAOUSDT
Pacifica TAO
BingX TAO-USDT
Phoenix TAO
Extended TAO-USD
01 Exchange TAOUSD
Lighter TAO
Variational Omni TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Hyperliquid TAO
RISEx TAO/USDC
Injective TAO/USDC PERP