Funding you earn now, next payment 01:00 UTC−0.0372%/8h= −40.7% APRnext payment −$0.46 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against ApeX Omni+0.906%70s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as 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−$1281.280% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.861%−$86 · spread now +0.906%, 7d avg +0.017%
=The price spread pays, funding is against you. Aevo is 0.890% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.906% now, against its 7-day average of +0.017%): +$89 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8.0 days. At the pace of the last 7 days (−0.007% in total) that is about years. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.46 per $10,000. 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 | ApeX Omni TAOUSDT | 318.98 | 0.0476 | pay 0.0059% / 1h | 51m 50s | $48K | $268K | 50x |
| Short | Aevo TAO-PERP | 321.87 | 0.0104 | get 0.0013% / 1h | 51m 50s | $177K | $998 | 3x |
ApeX Omni TAOUSDT
Aevo TAO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo 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
- −$78.02
- Price spread: +0.906% → +0.017%
- $88.95
- Slippage, 4 orders
- −$102.03
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$117.09
- Costs to cover
- 1.280%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 20 min ago; Aevo: live order book, 22 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, 20 min ago | 6.24 bp | 14.0 bp −$14 | 113.5 bp −$1,135 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 22 min ago | 34.18 bp | 50.6 bp −$51 | doesn't fit | 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 | −0.1799% | 1h | 311.96 | −2.201% | $167K | $44K | 10x | as long as short |
| Phemex TAOUSDT | −0.1370% | 4h | 320.20 | +0.382% | $3.5M | $7.9M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 320.23 | +0.391% | $128K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 320.92 | +0.609% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.63 | +0.517% | $40K | $578K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 320.48 | +0.470% | $857 | $591K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 320.64 | +0.520% | $92.2M | $439.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.30 | +0.414% | $26.1M | $107.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.30 | +0.414% | $12.9M | $49.6M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 320.55 | +0.492% | $105.7M | $131.6M | 300x | as long as short |
Bulk TAO-USD
Phemex TAOUSDT
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 321.50 | +0.790% | $19.1M | $28.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.79 | +0.567% | $35.8M | $48.9M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 319.37 | +0.123% | $36K | $287K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 320.51 | +0.480% | $58K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 320.29 | +0.411% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.60 | +0.508% | $128K | $422K | 20x | as long as short |
| Aevo TAO-PERPshort | +0.0104% | 1h | 321.87 | +0.906% | $177K | $998 | 3x | |
| GRVT TAO_USDT_Perp | +0.0142% | 4h | 319.47 | +0.153% | $531K | $945K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0085% | 1h | 320.79 | +0.567% | $464K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 320.43 | +0.455% | $379K | $371K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 320.51 | +0.480% | $85K | $545K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0220% | 8h | 320.20 | +0.383% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0222% | 4h | 321.00 | +0.633% | $1.1M | $8.1M | 50x | as long as short |
| Bullet TAO-USD | +0.0262% | 1h | 321.12 | +0.671% | $12K | $17K | 20x | as long as short |
| Variational Omni TAO | +0.0291% | 4h | 319.01 | +0.010% | $5.5M | $8.6M | — | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 319.44 | +0.144% | $4.4M | $10.9M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0341% | 1h | 320.38 | +0.439% | $22K | $1.5M | 25x | as long as short |
| Polymarket Perps TAO-USD | +0.0362% | 1h | 320.70 | +0.539% | $100K | $633K | 5x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 320.64 | +0.520% | — | $30.7M | — | as long as short |
| Bybit TAOUSDT | +0.0473% | 4h | 320.47 | +0.467% | $65.8M | $130.0M | 50x | as long as short |
| ApeX Omni TAOUSDTlong | +0.0476% | 1h | 318.98 | long leg | $48K | $268K | 50x | |
| Kraken Futures PF_TAOUSD | +0.0479% | 1h | 320.34 | +0.426% | $5.8M | $20.2M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 319.30 | +0.100% | $334K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 317.85 | −0.354% | $23K | $370 | 12x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 320.25 | +0.398% | $368 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0772% | 1h | 320.43 | +0.455% | $892K | $2.0M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0824% | 1h | 321.10 | +0.665% | $3K | $4K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 320.83 | +0.580% | $1.5M | $6.1M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.1021% | 1h | 320.77 | +0.561% | $320K | $820K | 10x | as long as short |
| Extended TAO-USD | +0.1032% | 1h | 320.93 | +0.613% | $933K | $2.2M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 320.44 | +0.458% | $422K | $586K | 5x | as long as short |
| Lighter TAO | +0.1880% | 1h | 321.02 | +0.640% | $1.7M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.2951% | 1h | 321.65 | +0.837% | $105.1M | $88.5M | 5x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
GRVT TAO_USDT_Perp
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Paradex TAO-USD-PERP
Aster TAOUSDT
Bullet TAO-USD
Variational Omni TAO
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Polymarket Perps TAO-USD
BingX TAO-USDT
Bybit TAOUSDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
Reya TAORUSDPERP
Nado TAO-PERP
01 Exchange TAOUSD
Coinbase International TAO-PERP-INTX
Backpack TAO_USDC_PERP
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO