Funding you earn now, next payment 02:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h +0.002%
Price spread now: Polymarket Perps against ApeX Omni−0.799%63s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as 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−$450.447% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)+0.442%+$44 · spread now −0.799%, 7d avg −0.029%
=Funding pays, the price is against you. Polymarket Perps is 0.770% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.799% now, against its 7-day average of −0.029%). If the spread goes back, that is −$77 on $10k: about 24 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.128%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TAOUSDT | 309.11 | 0.0100 | pay 0.0013% / 1h | 39m 43s | $46K | $268K | 50x |
| Short | Polymarket Perps TAO-USD | 306.64 | 0.0206 | get 0.0026% / 1h | 39m 43s | $76K | $643K | 5x |
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $22.28
- Price spread: −0.799% → −0.029%
- −$77.04
- Slippage, 4 orders
- −$26.66
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$99.43
- Costs to cover
- 0.447%
- Break-even
- 38.2 days
Slippage from ApeX Omni: live order book, 27 min ago; Polymarket Perps: live order book, 28 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, 27 min ago | 5.51 bp | 12.7 bp −$13 | 108.4 bp −$1,084 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 28 min ago | 2.84 bp | 8.7 bp −$9 | 9.5 bp −$95 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 307.69 | −0.458% | $123K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 306.43 | −0.866% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 306.80 | −0.747% | $45K | $606K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 307.97 | −0.368% | $88.8M | $460.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 308.00 | −0.359% | $25.1M | $108.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 307.50 | −0.521% | $12.5M | $49.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 308.05 | −0.343% | $103.6M | $137.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 308.03 | −0.349% | $17.9M | $30.0M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 307.69 | −0.459% | $34.3M | $53.0M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 309.15 | +0.011% | $34K | $298K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 309.02 | −0.029% | $515K | $967K | 10x | as long as short |
| ApeX Omni TAOUSDTlong | +0.0100% | 1h | 309.11 | long leg | $46K | $268K | 50x | |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 307.02 | −0.676% | $56K | $283K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 307.13 | −0.641% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 307.33 | −0.576% | $126K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 307.33 | −0.576% | $169K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0116% | 8h | 307.02 | −0.676% | $688 | $680K | 5x | as long as short |
| Aster TAOUSDT | +0.0165% | 4h | 307.52 | −0.513% | $1.2M | $9.2M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0170% / S +0.0102% | 1h | 306.38 | −0.884% | $412K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0172% | 1h | 307.45 | −0.537% | $5.5M | $20.4M | 50x | as long as short |
| Polymarket Perps TAO-USDshort | +0.0206% | 1h | 306.64 | −0.799% | $76K | $643K | 5x | |
| Bullet TAO-USD | +0.0218% | 1h | 306.70 | −0.781% | $12K | $17K | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0224% | 1h | 307.18 | −0.625% | $15K | $1.5M | 25x | as long as short |
| Paradex TAO-USD-PERP | +0.0274% | 8h | 308.01 | −0.357% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 308.07 | −0.336% | $364K | $381K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 308.10 | −0.327% | $81K | $547K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.16 | +0.663% | $4.4M | $10.7M | 100x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 315.63 | +2.109% | $23K | $2K | 12x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 308.80 | −0.100% | $323K | $681K | 5x | as long as short |
| Nado TAO-PERP | +0.0591% | 1h | 306.54 | −0.832% | $746K | $2.1M | 10x | as long as short |
| Phemex TAOUSDT | +0.0639% | 4h | 307.50 | −0.521% | $3.3M | $8.0M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0640% | 1h | 307.16 | −0.631% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 306.58 | −0.819% | $353 | — | 20x | as long as short |
| Variational Omni TAO | +0.0734% | 4h | 308.15 | −0.311% | $5.3M | $8.9M | — | as long as short |
| BingX TAO-USDT | +0.0736% | 4h | 307.98 | −0.366% | — | $31.0M | — | as long as short |
| Bybit TAOUSDT | +0.0741% | 4h | 308.23 | −0.285% | $62.9M | $135.7M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0841% | 1h | 307.80 | −0.424% | $311K | $814K | 10x | as long as short |
| Extended TAO-USD | +0.0952% | 1h | 307.65 | −0.472% | $880K | $2.4M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 307.35 | −0.569% | $1.4M | $6.2M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 307.88 | −0.396% | $410K | $606K | 5x | as long as short |
| Hyperliquid TAO | +0.1246% | 1h | 308.29 | −0.265% | $97.2M | $93.3M | 5x | as long as short |
| Lighter TAO | +0.1360% | 1h | 308.17 | −0.303% | $1.6M | $6.0M | 5x | as long as short |
| Bulk TAO-USD | +0.3743% | 1h | 312.40 | +1.064% | $166K | $40K | 10x | as long as short |
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Bullet TAO-USD
Deribit TAO_USDC-PERPETUAL
Paradex TAO-USD-PERP
Pacifica TAO
Arcus TAO-USD
BloFin TAO-USDT
Injective TAO/USDC PERP
Phoenix TAO
Nado TAO-PERP
Phemex TAOUSDT
01 Exchange TAOUSD
Reya TAORUSDPERP
Variational Omni TAO
BingX TAO-USDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD