Funding you earn now, next payment 01:00 UTC+0.0216%/8h= +23.6% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against MEXC−0.455%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 3 days (all we have)+0.606%+$61 · spread now −0.455%, 7d avg +0.031%
=Funding pays, the price is against you. ApeX Omni is 0.486% cheaper against MEXC than usual: you would sell low and buy high (spread −0.455% now, against its 7-day average of +0.031%). If the spread goes back, that is −$49 on $10k: about 7.5 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.075% in total) that is about 45 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment. 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 | MEXC TAO_USDT | 318.59 | 0.0100 | pay 0.0050% / 4h | 3h 23m | $109.1M | $135.2M | 300x |
| Short | ApeX Omni TAOUSDT | 317.14 | 0.0316 | get 0.0039% / 1h | 23m 29s | $49K | $267K | 50x |
MEXC TAO_USDT
ApeX Omni TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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
- $45.29
- Price spread: −0.455% → +0.031%
- −$48.57
- Slippage, 4 orders
- −$22.91
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$36.18
- Costs to cover
- 0.329%
- Break-even
- 12.6 days
Slippage from MEXC: live order book, 6 min ago; ApeX Omni: live order book, 49 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 MEXC live order book, 6 min ago | 0.47 bp | 1.8 bp −$2 | 7.7 bp −$77 | 33.2 bp −$3,325 | 123.8 bp −$61.9K |
| Sell ApeX Omni live order book, 49 min ago | 6.24 bp | 14.7 bp −$15 | 133.1 bp −$1,331 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.1321% | 1h | 318.22 | −0.116% | $169K | $44K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 317.91 | −0.213% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.34 | −0.080% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.99 | +0.126% | $43K | $592K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.58 | −0.002% | $91.7M | $447.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.50 | −0.028% | $26.1M | $108.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.00 | −0.185% | $12.9M | $50.8M | 50x | as long as short |
| MEXC TAO_USDTlong | +0.0100% | 4h | 318.59 | long leg | $109.1M | $135.2M | 300x | |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.48 | −0.035% | $18.2M | $29.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.44 | −0.047% | $35.5M | $50.9M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 318.41 | −0.056% | $40K | $292K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 318.34 | −0.080% | $526K | $960K | 10x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 318.61 | +0.006% | $12K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 318.15 | −0.138% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.01 | −0.182% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.55 | −0.013% | $127K | $423K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.12 | −0.148% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.59 | +0.001% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0114% | 8h | 319.01 | +0.132% | $738 | $624K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0093% | 1h | 318.04 | −0.172% | $457K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 318.49 | −0.031% | $377K | $376K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0198% | 1h | 318.17 | −0.131% | $17K | $1.5M | 25x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 319.11 | +0.163% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0225% | 4h | 318.30 | −0.092% | $1.2M | $8.6M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0234% | 8h | 318.30 | −0.091% | $14K | $1K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0290% | 1h | 318.68 | +0.028% | $93K | $635K | 5x | as long as short |
| ApeX Omni TAOUSDTshort | +0.0316% | 1h | 317.14 | −0.455% | $49K | $267K | 50x | |
| BloFin TAO-USDT | +0.0340% | 4h | 318.72 | +0.041% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 318.68 | +0.028% | — | $30.4M | — | as long as short |
| Variational Omni TAO | +0.0460% | 4h | 318.45 | −0.043% | $5.5M | $8.7M | — | as long as short |
| Kraken Futures PF_TAOUSD | +0.0482% | 1h | 318.10 | −0.154% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 318.10 | −0.154% | $333K | $624K | 5x | as long as short |
| Bybit TAOUSDT | +0.0561% | 4h | 318.89 | +0.094% | $65.8M | $133.1M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 322.97 | +1.375% | $23K | $678 | 12x | as long as short |
| 01 Exchange TAOUSD | +0.0584% | 1h | 319.05 | +0.144% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 318.51 | −0.026% | $366 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0770% | 1h | 318.65 | +0.020% | $891K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0835% | 1h | 318.15 | −0.138% | $321K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 318.30 | −0.091% | $1.5M | $6.3M | 50x | as long as short |
| Extended TAO-USD | +0.1128% | 1h | 318.68 | +0.027% | $926K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 319.13 | +0.168% | $423K | $592K | 5x | as long as short |
| Lighter TAO | +0.1424% | 1h | 318.76 | +0.053% | $1.7M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.2006% | 1h | 319.05 | +0.144% | $103.2M | $91.0M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Polymarket Perps TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Variational Omni TAO
Kraken Futures PF_TAOUSD
Phoenix TAO
Bybit TAOUSDT
Injective TAO/USDC PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO