TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h −0.065%

Price spread now: ApeX Omni against Extended+0.388%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$7as in the Price arb table

costs, in and out, $10k−$390.389% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.388%, 7d avg +0.072%

Together, before fees−0.091%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.316% dearer against Extended than usual: you sell high and buy low (spread +0.388% now, against its 7-day average of +0.072%): +$32 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TAO-USD	313.10	0.0464	pay 0.0058% / 1h	26m 49s	$896K	$2.4M	25x
Short	ApeX Omni TAOUSDT	314.32	0.0400	get 0.0050% / 1h	26m 49s	$44K	$256K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee ApeX OmnibpOrdersPrice spread, now +0.388%Rate

Funding earned: −$13.47
Price spread: +0.388% → +0.072%: $31.57
Slippage, 4 orders: −$23.91
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$20.82
Costs to cover: 0.389%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; ApeX Omni: live order book, 20 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 Extended live order book, 2 min ago	1.75 bp	4.6 bp −$5	6.6 bp −$66	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 20 min ago	5.58 bp	13.1 bp −$13	121.9 bp −$1,219	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	312.81	−0.093%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0037%	1h	313.13	+0.009%	$125K	$85K	5x	as long as short
Binance TAOUSDT	+0.0100%	4h	313.18	+0.024%	$89.9M	$508.1M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	312.90	−0.065%	$26.2M	$122.0M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	313.47	+0.117%	$167K	$333	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	312.90	−0.065%	$13.9M	$51.0M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	313.27	+0.053%	$107.4M	$145.7M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.12	+0.005%	$17.3M	$31.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	312.60	−0.161%	$35.2M	$57.0M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	314.21	+0.354%	$42K	$314K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps TAO-USD	+0.0100%	1h	313.05	−0.018%	$89K	$920K	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	312.64	−0.148%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.04	−0.021%	$113K	$554K	20x	as long as short
Katana Perps TAO-USD	+0.0103%	8h	313.20	+0.030%	$641	$923K	5x	as long as short
Aevo TAO-PERP	+0.0104%	1h	313.10	−0.003%	$172K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0121%	4h	312.94	−0.053%	$52K	$290K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0129% / S +0.0140%	1h	312.72	−0.124%	$419K	—	100x	as long as short
Popdex TAOUSDT	+0.0136%	1h	313.28	+0.056%	$51K	$668K	20x	as long as short
Phemex TAOUSDT	+0.0180%	4h	312.91	−0.062%	$3.1M	$8.0M	50x	as long as short
Aster TAOUSDT	+0.0206%	4h	313.23	+0.039%	$1.3M	$10.6M	50x	as long as short
Pacifica TAO	+0.0233%	1h	313.49	+0.123%	$357K	$419K	10x	as long as short
Paradex TAO-USD-PERP	+0.0268%	8h	313.45	+0.109%	$14K	$1K	10x	as long as short
Nado TAO-PERP	+0.0272%	1h	313.25	+0.046%	$771K	$2.2M	10x	as long as short
Kraken Futures PF_TAOUSD	+0.0304%	1h	312.99	−0.037%	$5.9M	$21.4M	50x	as long as short
Bullet TAO-USD	+0.0322%	1h	313.14	+0.012%	$12K	$17K	20x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.29	+0.059%	$4.6M	$10.9M	100x	as long as short
GRVT TAO_USDT_Perp	+0.0348%	4h	314.02	+0.292%	$533K	$923K	10x	as long as short
ApeX Omni TAOUSDTshort	+0.0400%	1h	314.32	+0.388%	$44K	$256K	50x
BingX TAO-USDT	+0.0430%	4h	313.10	−0.002%	—	$33.7M	—	as long as short
Bybit TAOUSDT	+0.0432%	4h	313.19	+0.027%	$68.0M	$152.4M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0447%	1h	312.93	−0.056%	$15K	$1.8M	25x	as long as short
Variational Omni TAO	+0.0449%	4h	314.04	+0.298%	$5.5M	$10.1M	—	as long as short
Extended TAO-USDlong	+0.0464%	1h	313.10	long leg	$896K	$2.4M	25x
Arcus TAO-USD	+0.0483%	1h	313.66	+0.177%	$101K	$345K	5x	as long as short
Phoenix TAO	+0.0513%	1h	314.20	+0.350%	$313K	$713K	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	313.10	−0.002%	$360	—	20x	as long as short
01 Exchange TAOUSD	+0.0760%	1h	313.69	+0.187%	$3K	$4K	5x	as long as short
Lighter TAO	+0.0800%	1h	313.28	+0.055%	$1.5M	$6.6M	5x	as long as short
Hyperliquid TAO	+0.0802%	1h	313.53	+0.136%	$91.6M	$109.0M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0812%	1h	313.26	+0.050%	$311K	$890K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0928%	1h	314.27	+0.372%	$1.5M	$6.8M	50x	as long as short
RISEx TAO/USDC	+0.0948%	1h	313.32	+0.069%	$453K	$649K	5x	as long as short
Injective TAO/USDC PERP	+0.3711%	1h	319.48	+2.036%	$23K	$2K	12x	as long as short