Funding you earn now, next payment 07:00 UTC−0.0250%/8h= −27.3% APRnext payment −$0.31 per $10,000 · paid last 24h −0.015%
Price spread now: GMX against ApeX Omni+0.311%7-day average −0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.311%, 7d avg −0.022%
=The price spread pays, funding is against you. GMX is 0.333% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.311% now, against its 7-day average of −0.022%): +$33 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.4 days. Mind the row above: over the last 3 days funding on this pair paid +0.087%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TAOUSDT | 319.84 | 0.0100 | pay 0.0013% / 1h | 25m 56s | $45K | $259K | 50x |
| Short | GMX TAO/USD [WBTC.b-USDC] | 320.83 | L +0.0118% / S +0.0150% | pay 0.0019% / 1h | 25m 56s | $429K | — | 100x |
ApeX Omni TAOUSDT
GMX TAO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$52.42
- Price spread: +0.311% → −0.022%
- $33.25
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$41.17
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 16 min ago; GMX: no order-book sample. Net counts fees only.
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, 16 min ago | 4.38 bp | 11.4 bp −$11 | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.116% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 321.65 | +0.564% | $128K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 321.77 | +0.602% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 322.24 | +0.750% | $43K | $705K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 322.30 | +0.769% | $26.9M | $131.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 322.00 | +0.675% | $14.4M | $52.0M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 322.21 | +0.741% | $18.0M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 322.00 | +0.675% | $36.2M | $58.4M | 50x | as long as short |
| ApeX Omni TAOUSDTlong | +0.0100% | 1h | 319.84 | long leg | $45K | $259K | 50x | |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 322.18 | +0.732% | $89K | $1.2M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 322.13 | +0.716% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 321.65 | +0.566% | $117K | $597K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 322.14 | +0.719% | $731 | $1.0M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC]short | L +0.0118% / S +0.0150% | 1h | 320.83 | +0.311% | $429K | — | 100x | |
| Aevo TAO-PERP | +0.0120% | 1h | 322.20 | +0.737% | $177K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0126% | 4h | 322.24 | +0.750% | $53K | $292K | 10x | as long as short |
| MEXC TAO_USDT | +0.0170% | 4h | 322.28 | +0.763% | $107.6M | $150.4M | 300x | as long as short |
| edgeX TAOUSDC | +0.0170% | 4h | 319.71 | −0.041% | $42K | $316K | 10x | as long as short |
| Binance TAOUSDT | +0.0171% | 4h | 322.32 | +0.776% | $93.3M | $529.5M | 75x | as long as short |
| Phemex TAOUSDT | +0.0262% | 4h | 322.39 | +0.797% | $3.3M | $8.1M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0278% | 8h | 321.99 | +0.671% | $15K | $1K | 10x | as long as short |
| BingX TAO-USDT | +0.0324% | 4h | 322.16 | +0.725% | — | $34.6M | — | as long as short |
| Aster TAOUSDT | +0.0347% | 4h | 322.13 | +0.716% | $1.3M | $10.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0350% | 4h | 322.47 | +0.822% | $70.8M | $156.2M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0396% | 4h | 319.57 | −0.083% | $544K | $940K | 10x | as long as short |
| Bullet TAO-USD | +0.0399% | 1h | 322.20 | +0.739% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0411% | 4h | 321.16 | +0.413% | $4.7M | $11.1M | 100x | as long as short |
| Extended TAO-USD | +0.0464% | 1h | 322.16 | +0.724% | $918K | $2.4M | 25x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 321.51 | +0.521% | $366K | $423K | 10x | as long as short |
| Nado TAO-PERP | +0.0533% | 1h | 322.16 | +0.725% | $804K | $2.0M | 10x | as long as short |
| Variational Omni TAO | +0.0541% | 4h | 320.05 | +0.065% | $5.7M | $10.2M | — | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.40 | −0.138% | $318K | $709K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 322.21 | +0.741% | $104K | $389K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0648% | 1h | 322.81 | +0.929% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0660% | 1h | 322.64 | +0.875% | $95.3M | $110.4M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 322.16 | +0.726% | $370 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0733% | 1h | 322.76 | +0.913% | $301K | $905K | 10x | as long as short |
| Lighter TAO | +0.0760% | 1h | 322.62 | +0.869% | $1.6M | $6.8M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 322.86 | +0.944% | $1.5M | $6.9M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0973% | 1h | 322.37 | +0.791% | $15K | $1.9M | 25x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 322.13 | +0.718% | $461K | $666K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1145% | 1h | 322.50 | +0.830% | $6.0M | $21.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.44 | +1.126% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
MEXC TAO_USDT
edgeX TAOUSDC
Binance TAOUSDT
Phemex TAOUSDT
Paradex TAO-USD-PERP
BingX TAO-USDT
Aster TAOUSDT
Bybit TAOUSDT
GRVT TAO_USDT_Perp
Bullet TAO-USD
BloFin TAO-USDT
Extended TAO-USD
Pacifica TAO
Nado TAO-PERP
Variational Omni TAO
Phoenix TAO
Arcus TAO-USD
01 Exchange TAOUSD
Hyperliquid TAO
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Lighter TAO
Coinbase International TAO-PERP-INTX
Deribit TAO_USDC-PERPETUAL
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP