Funding you earn now, next payment 07:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Aevo+0.160%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1681.682% of the position
Funding, last 7 days−0.125%−$13 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.160%, 7d avg −0.051%
=The price spread pays, funding is against you. Polymarket Perps is 0.211% dearer against Aevo than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of −0.051%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days. At the pace of the last 7 days (−0.125% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TAO-PERP | 319.43 | 0.0120 | pay 0.0015% / 1h | 29m 08s | $175K | $998 | 3x |
| Short | Polymarket Perps TAO-USD | 319.94 | 0.0100 | get 0.0013% / 1h | 29m 08s | $96K | $1.2M | 5x |
Aevo TAO-PERP
Polymarket Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Aevo. 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
- −$4.2
- Price spread: +0.160% → −0.051%
- $21.11
- Slippage, 4 orders
- −$144.2
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$151.29
- Costs to cover
- 1.682%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 15 min ago; Polymarket Perps: live order book, 4 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 Aevo live order book, 15 min ago | 56.19 bp | 79.8 bp −$80 | 423.7 bp −$4,237 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 1.56 bp | 5.6 bp −$6 | 7.9 bp −$79 | 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 | −0.1995% | 1h | 319.47 | +0.013% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.13 | −0.094% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 319.23 | −0.064% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.09 | +0.207% | $42K | $706K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.90 | −0.166% | $26.6M | $129.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.80 | −0.197% | $14.2M | $51.9M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.19 | −0.075% | $17.9M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.80 | −0.197% | $35.8M | $58.4M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 320.35 | +0.288% | $45K | $259K | 50x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0100% | 1h | 319.94 | +0.160% | $96K | $1.2M | 5x |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 319.71 | +0.088% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.56 | −0.272% | $119K | $590K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 319.87 | +0.138% | $1K | $1.0M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0118% / S +0.0149% | 1h | 319.56 | +0.041% | $427K | — | 100x | as long as short |
| Aevo TAO-PERPlong | +0.0120% | 1h | 319.43 | long leg | $175K | $998 | 3x | |
| Orderly PERP_TAO_USDC | +0.0122% | 4h | 319.22 | −0.066% | $53K | $292K | 10x | as long as short |
| edgeX TAOUSDC | +0.0165% | 4h | 319.82 | +0.121% | $42K | $318K | 10x | as long as short |
| MEXC TAO_USDT | +0.0170% | 4h | 319.17 | −0.081% | $105.5M | $150.1M | 300x | as long as short |
| Binance TAOUSDT | +0.0170% | 4h | 319.09 | −0.106% | $92.4M | $529.2M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0264% | 8h | 320.09 | +0.206% | $15K | $1K | 10x | as long as short |
| Phemex TAOUSDT | +0.0298% | 4h | 319.37 | −0.019% | $3.2M | $8.1M | 50x | as long as short |
| Bybit TAOUSDT | +0.0325% | 4h | 319.13 | −0.094% | $69.9M | $156.1M | 50x | as long as short |
| Aster TAOUSDT | +0.0333% | 4h | 319.20 | −0.072% | $1.3M | $10.9M | 50x | as long as short |
| BingX TAO-USDT | +0.0350% | 4h | 319.03 | −0.125% | — | $34.5M | — | as long as short |
| Bullet TAO-USD | +0.0384% | 1h | 319.27 | −0.050% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0396% | 4h | 319.57 | +0.045% | $544K | $940K | 10x | as long as short |
| BloFin TAO-USDT | +0.0410% | 4h | 319.36 | −0.022% | $4.7M | $11.1M | 100x | as long as short |
| Extended TAO-USD | +0.0456% | 1h | 319.22 | −0.067% | $916K | $2.4M | 25x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 320.07 | +0.200% | $364K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0541% | 4h | 320.05 | +0.194% | $5.7M | $10.2M | — | as long as short |
| Nado TAO-PERP | +0.0551% | 1h | 319.98 | +0.171% | $799K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.20 | −0.072% | $318K | $709K | 5x | as long as short |
| Hyperliquid TAO | +0.0625% | 1h | 319.22 | −0.066% | $94.3M | $110.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0632% | 1h | 320.34 | +0.285% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 320.31 | +0.275% | $103K | $394K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 319.25 | −0.057% | $367 | — | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0703% | 1h | 319.21 | −0.070% | $15K | $1.9M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0707% | 1h | 319.12 | −0.097% | $297K | $905K | 10x | as long as short |
| Lighter TAO | +0.0744% | 1h | 319.47 | +0.013% | $1.5M | $6.7M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 320.68 | +0.391% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 319.41 | −0.006% | $457K | $666K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1156% | 1h | 319.32 | −0.036% | $5.9M | $21.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.44 | +1.255% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Orderly PERP_TAO_USDC
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Paradex TAO-USD-PERP
Phemex TAOUSDT
Bybit TAOUSDT
Aster TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Extended TAO-USD
Pacifica TAO
Variational Omni TAO
Nado TAO-PERP
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Arcus TAO-USD
Reya TAORUSDPERP
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP