Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: Aevo against Polymarket Perps−0.460%52s7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as 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−$1711.707% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 4 days (all we have)+0.493%+$49 · spread now −0.460%, 7d avg +0.051%
=Funding pays, the price is against you. Aevo is 0.511% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.460% now, against its 7-day average of +0.051%). If the spread goes back, that is −$51 on $10k: about 3 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.125% in total) that is about 29 days. The two prices were read 52 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 | Polymarket Perps TAO-USD | 320.89 | 0.0100 | pay 0.0013% / 1h | 27m 28s | $89K | $1.2M | 5x |
| Short | Aevo TAO-PERP | 319.41 | 0.0120 | get 0.0015% / 1h | 27m 28s | $175K | $998 | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Polymarket Perps. 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
- $4.2
- Price spread: −0.460% → +0.051%
- −$51.14
- Slippage, 4 orders
- −$146.7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$217.64
- Costs to cover
- 1.707%
- Break-even
- 369.7 days
Slippage from Polymarket Perps: live order book, 1 min ago; Aevo: live order book, 16 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 Polymarket Perps live order book, 1 min ago | 2.82 bp | 6.8 bp −$7 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 16 min ago | 56.19 bp | 77.3 bp −$77 | 426.1 bp −$4,261 | 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 | −0.1995% | 1h | 319.47 | −0.443% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.13 | −0.548% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 319.02 | −0.583% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.62 | −0.084% | $43K | $705K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 321.00 | +0.034% | $26.7M | $130.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.40 | −0.464% | $14.3M | $52.0M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.55 | −0.418% | $17.9M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.82 | −0.022% | $36.0M | $58.4M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.84 | −0.327% | $45K | $259K | 50x | as long as short |
| Polymarket Perps TAO-USDlong | +0.0100% | 1h | 320.89 | long leg | $89K | $1.2M | 5x |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 319.13 | −0.548% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.75 | −0.667% | $118K | $590K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 320.26 | −0.196% | $1K | $1.0M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0118% / S +0.0149% | 1h | 318.95 | −0.604% | $426K | — | 100x | as long as short |
| Aevo TAO-PERPshort | +0.0120% | 1h | 319.41 | −0.460% | $175K | $998 | 3x | |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 319.26 | −0.508% | $53K | $292K | 10x | as long as short |
| MEXC TAO_USDT | +0.0170% | 4h | 319.83 | −0.330% | $105.9M | $150.1M | 300x | as long as short |
| edgeX TAOUSDC | +0.0170% | 4h | 319.71 | −0.368% | $42K | $316K | 10x | as long as short |
| Binance TAOUSDT | +0.0171% | 4h | 320.65 | −0.076% | $92.9M | $529.0M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0270% | 8h | 319.64 | −0.388% | $15K | $1K | 10x | as long as short |
| Phemex TAOUSDT | +0.0295% | 4h | 319.54 | −0.421% | $3.3M | $8.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0324% | 4h | 319.74 | −0.358% | — | $34.5M | — | as long as short |
| Aster TAOUSDT | +0.0335% | 4h | 320.46 | −0.134% | $1.3M | $10.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0342% | 4h | 321.13 | +0.075% | $70.3M | $156.2M | 50x | as long as short |
| Bullet TAO-USD | +0.0387% | 1h | 319.39 | −0.467% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0396% | 4h | 319.57 | −0.410% | $544K | $940K | 10x | as long as short |
| BloFin TAO-USDT | +0.0410% | 4h | 319.36 | −0.477% | $4.7M | $11.1M | 100x | as long as short |
| Extended TAO-USD | +0.0456% | 1h | 319.79 | −0.343% | $911K | $2.4M | 25x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 319.78 | −0.347% | $364K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0541% | 4h | 320.05 | −0.262% | $5.7M | $10.2M | — | as long as short |
| Nado TAO-PERP | +0.0548% | 1h | 320.88 | −0.002% | $801K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.40 | −0.464% | $318K | $709K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0640% | 1h | 320.60 | −0.090% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 320.14 | −0.234% | $103K | $389K | 5x | as long as short |
| Hyperliquid TAO | +0.0648% | 1h | 321.21 | +0.100% | $94.9M | $110.4M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 319.25 | −0.512% | $367 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0706% | 1h | 319.43 | −0.455% | $298K | $905K | 10x | as long as short |
| Lighter TAO | +0.0728% | 1h | 319.78 | −0.346% | $1.5M | $6.7M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0751% | 1h | 319.33 | −0.485% | $15K | $1.9M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 320.68 | −0.065% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 321.14 | +0.079% | $460K | $666K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1156% | 1h | 319.35 | −0.481% | $5.9M | $21.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.44 | +0.795% | $24K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
MEXC TAO_USDT
edgeX TAOUSDC
Binance TAOUSDT
Paradex TAO-USD-PERP
Phemex TAOUSDT
BingX TAO-USDT
Aster TAOUSDT
Bybit TAOUSDT
Bullet TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Extended TAO-USD
Pacifica TAO
Variational Omni TAO
Phoenix TAO
01 Exchange TAOUSD
Hyperliquid TAO
Backpack TAO_USDC_PERP
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP