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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.3823%/8h= +418.6% APRnext payment +$4.78 per $10,000 · paid last 24h +0.581%
Price spread now: Injective against ApeX Omni+1.470%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+3.350%+$335 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$115 a day on $10k at the current rate, and Injective is 1.470% dearer against ApeX Omni than usual: you sell high and buy low: +$147 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TAOUSDT316.960.0349pay 0.0044% / 1h3m 52s$47K$252K50x
ShortInjective TAO/USDC PERP321.620.4172get 0.0521% / 1h3m 52s$23K$2K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$802.73
Price spread: +1.470% → 0.000%
$147.02
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$939.73
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 58 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 58 min ago5.52 bp12.5 bp −$13117.8 bp −$1,178doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.0766%1h316.69−0.087%$168K$1K10xas long as short
dYdX TAO-USD0.0000%1h316.53−0.137%$126K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h315.69−0.401%$20K150xas long as short
Popdex TAOUSDT+0.0096%1h316.05−0.287%$41K$686K20xas long as short
Binance TAOUSDT+0.0100%4h315.49−0.464%$91.7M$490.6M75xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.50−0.461%$26.0M$119.5M50xas long as short
Gate TAO_USDT+0.0100%4h315.50−0.461%$12.9M$50.4M50xas long as short
MEXC TAO_USDT+0.0100%4h315.52−0.454%$104.4M$144.3M300xas long as short
KuCoin TAOUSDTM+0.0100%4h315.67−0.407%$17.6M$31.7M75xas long as short
Bitget TAOUSDT+0.0100%4h315.43−0.483%$35.2M$56.0M50xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TAOUSDC+0.0100%4h316.32−0.203%$35K$303K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h315.88−0.341%$88K$794K5xas long as short
SunX TAO-USDT+0.0100%4h315.55−0.445%$1K$1.9M20xas long as short
HTX TAO-USDT+0.0100%4h315.33−0.514%$109K$529K20xas long as short
Phemex TAOUSDT+0.0103%4h315.55−0.445%$3.2M$8.1M50xas long as short
Aevo TAO-PERP+0.0104%1h315.75−0.383%$173K$9983xas long as short
Katana Perps TAO-USD+0.0112%8h315.95−0.319%$673$778K5xas long as short
Orderly PERP_TAO_USDC+0.0126%4h315.73−0.388%$57K$275K10xas long as short
Bullet TAO-USD+0.0129%1h315.89−0.339%$12K$18K20xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0156% / S +0.0113%1h315.70−0.398%$428K100xas long as short
GRVT TAO_USDT_Perp+0.0178%4h317.27+0.098%$528K$965K10xas long as short
Paradex TAO-USD-PERP+0.0234%8h316.39−0.179%$14K$1K10xas long as short
Kraken Futures PF_TAOUSD+0.0249%1h315.73−0.389%$5.6M$20.8M50xas long as short
Aster TAOUSDT+0.0256%4h315.74−0.386%$1.2M$10.1M50xas long as short
Deribit TAO_USDC-PERPETUAL+0.0274%1h315.75−0.383%$15K$1.7M25xas long as short
BloFin TAO-USDT+0.0340%4h316.31−0.205%$4.6M$10.9M100xas long as short
ApeX Omni TAOUSDTlong+0.0349%1h316.96long leg$47K$252K50x
Bybit TAOUSDT+0.0367%4h315.85−0.350%$69.4M$146.1M50xas long as short
BingX TAO-USDT+0.0386%4h315.55−0.445%$30.4Mas long as short
Pacifica TAO+0.0448%1h316.56−0.126%$372K$413K10xas long as short
Phoenix TAO+0.0504%1h316.50−0.145%$331K$707K5xas long as short
Arcus TAO-USD+0.0509%1h316.48−0.151%$100K$488K5xas long as short
Nado TAO-PERP+0.0560%1h315.75−0.383%$824K$2.2M10xas long as short
Extended TAO-USD+0.0560%1h315.73−0.388%$927K$2.4M25xas long as short
01 Exchange TAOUSD+0.0640%1h316.26−0.221%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0696%1h315.86−0.346%$36320xas long as short
Lighter TAO+0.0704%1h315.85−0.349%$1.6M$6.4M5xas long as short
Variational Omni TAO+0.0758%4h315.94−0.321%$5.9M$9.8Mas long as short
Backpack TAO_USDC_PERP+0.0814%1h315.89−0.338%$314K$926K10xas long as short
Hyperliquid TAO+0.0919%1h315.60−0.429%$95.2M$104.3M5xas long as short
Coinbase International TAO-PERP-INTX+0.1024%1h317.08+0.038%$1.5M$6.8M50xas long as short
RISEx TAO/USDC+0.1159%1h316.21−0.235%$436K$659K5xas long as short
Injective TAO/USDC PERPshort+0.4172%1h321.62+1.470%$23K$2K12x