Funding you earn now, next payment 06:00 UTC−0.1682%/8h= −184.2% APRnext payment −$2.10 per $10,000 · paid last 24h −0.316%
Price spread now: Bulk against ApeX Omni−0.143%55s7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.346% of the position
Funding, last 4 days (all we have)−0.367%−$37 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now −0.143%, 7d avg −0.127%
=The price spread sits at its 7-day average of −0.127%, so right now this pair is about funding alone: −$50 a day on $10k at the current rate. The two prices were read 55 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 4 days it paid -0.367% in total (about -36.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.10 per $10,000. 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 | ApeX Omni TAOUSDT | 319.47 | 0.0487 | pay 0.0061% / 1h | 5m 56s | $47K | $257K | 50x |
| Short | Bulk TAO-USD | 319.01 | −0.1195 | pay 0.0149% / 1h | 5m 56s | $169K | $333 | 10x |
ApeX Omni TAOUSDT
Bulk TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against ApeX Omni. 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
- −$353.32
- Price spread: −0.143% → −0.127%
- −$1.63
- Slippage, 4 orders
- −$17.58
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$389.53
- Costs to cover
- 0.346%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 41 min ago; Bulk: live order book, 43 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 ApeX Omni live order book, 41 min ago | 5.58 bp | 13.0 bp −$13 | 111.1 bp −$1,111 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 43 min ago | 0.32 bp | 4.0 bp −$4 | 4.4 bp −$44 | 4.5 bp −$445 | 12.3 bp −$6,155 |
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-USDshort | −0.1195% | 1h | 319.01 | −0.143% | $169K | $333 | 10x | |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 323.12 | +1.142% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0029% | 1h | 321.54 | +0.649% | $128K | $85K | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 324.40 | +1.543% | $27.0M | $128.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 324.00 | +1.418% | $14.2M | $51.9M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 323.33 | +1.208% | $17.8M | $31.6M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 324.17 | +1.471% | $36.6M | $57.6M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 322.32 | +0.892% | $79K | $958K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 322.27 | +0.876% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 323.55 | +1.277% | $118K | $565K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TAOUSDT | +0.0100% | 4h | 323.94 | +1.399% | $3.3M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 321.98 | +0.786% | $659 | $952K | 5x | as long as short |
| edgeX TAOUSDC | +0.0110% | 4h | 319.26 | −0.067% | $42K | $315K | 10x | as long as short |
| Aevo TAO-PERP | +0.0112% | 1h | 323.55 | +1.277% | $178K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0119% | 4h | 323.57 | +1.283% | $53K | $291K | 10x | as long as short |
| Popdex TAOUSDT | +0.0120% | 1h | 322.18 | +0.848% | $49K | $679K | 20x | as long as short |
| MEXC TAO_USDT | +0.0124% | 4h | 324.41 | +1.546% | $103.9M | $148.9M | 300x | as long as short |
| Binance TAOUSDT | +0.0124% | 4h | 324.44 | +1.555% | $93.8M | $516.3M | 75x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0126% / S +0.0142% | 1h | 322.79 | +1.040% | $432K | — | 100x | as long as short |
| Pacifica TAO | +0.0233% | 1h | 322.02 | +0.798% | $366K | $421K | 10x | as long as short |
| Aster TAOUSDT | +0.0283% | 4h | 324.20 | +1.480% | $1.3M | $10.8M | 50x | as long as short |
| Nado TAO-PERP | +0.0291% | 1h | 322.50 | +0.949% | $816K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0294% | 1h | 323.62 | +1.299% | $6.1M | $21.6M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0295% | 8h | 322.06 | +0.812% | $15K | $1K | 10x | as long as short |
| Bullet TAO-USD | +0.0325% | 1h | 322.65 | +0.995% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0364% | 4h | 321.98 | +0.786% | $4.6M | $11.1M | 100x | as long as short |
| BingX TAO-USDT | +0.0394% | 4h | 324.26 | +1.499% | — | $33.9M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0440% | 4h | 319.60 | +0.040% | $545K | $948K | 10x | as long as short |
| Bybit TAOUSDT | +0.0460% | 4h | 324.61 | +1.609% | $71.2M | $154.1M | 50x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 322.26 | +0.873% | $110K | $364K | 5x | as long as short |
| Variational Omni TAO | +0.0485% | 4h | 319.46 | −0.003% | $5.6M | $10.1M | — | as long as short |
| ApeX Omni TAOUSDTlong | +0.0487% | 1h | 319.47 | long leg | $47K | $257K | 50x | |
| Extended TAO-USD | +0.0504% | 1h | 324.34 | +1.523% | $920K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 320.60 | +0.354% | $319K | $713K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 322.47 | +0.940% | $371 | — | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0709% | 1h | 323.61 | +1.295% | $14K | $1.8M | 25x | as long as short |
| Lighter TAO | +0.0808% | 1h | 324.47 | +1.564% | $1.5M | $6.6M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0808% | 1h | 322.75 | +1.027% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0825% | 1h | 324.59 | +1.603% | $95.6M | $109.4M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0847% | 1h | 324.63 | +1.615% | $322K | $894K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 324.00 | +1.418% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 322.05 | +0.808% | $463K | $649K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 323.62 | +1.299% | $24K | $2K | 12x | as long as short |
Phemex TAOUSDT
Katana Perps TAO-USD
edgeX TAOUSDC
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Popdex TAOUSDT
MEXC TAO_USDT
Binance TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Aster TAOUSDT
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Paradex TAO-USD-PERP
Bullet TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
GRVT TAO_USDT_Perp
Bybit TAOUSDT
Arcus TAO-USD
Variational Omni TAO
Extended TAO-USD
Phoenix TAO
Reya TAORUSDPERP
Deribit TAO_USDC-PERPETUAL
Lighter TAO
01 Exchange TAOUSD
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP