Funding you earn now, next payment 03:00 UTC−0.0199%/8h= −21.8% APRpaid last 24h −0.002%
Price spread now: MEXC against ApeX Omni−0.155%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.682%−$68 · spread now −0.155%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.118% cheaper against ApeX Omni than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.077% in total (about -4.0% 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 | ApeX Omni TAOUSDT | 316.57 | 0.0299 | pay 0.0037% / 1h | 3m 13s | $46K | $252K | 50x |
| Short | MEXC TAO_USDT | 316.08 | 0.0100 | get 0.0050% / 4h | 1h 03m | $104.8M | $144.3M | 300x |
ApeX Omni TAOUSDT
MEXC TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$41.85
- Price spread: −0.155% → −0.037%
- −$11.78
- Slippage, 4 orders
- −$20.03
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$83.66
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 58 min ago; MEXC: live order book, 1 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, 58 min ago | 5.52 bp | 12.5 bp −$13 | 117.8 bp −$1,178 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.79 bp | 3.3 bp −$3 | 13.6 bp −$136 | 28.0 bp −$2,802 | 95.9 bp −$47.9K |
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 | −0.0766% | 1h | 316.69 | +0.036% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 315.34 | −0.389% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.99 | −0.184% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.95 | −0.196% | $41K | $685K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.14 | −0.137% | $91.9M | $489.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.00 | −0.180% | $26.0M | $119.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.80 | −0.243% | $12.9M | $50.5M | 50x | as long as short |
| MEXC TAO_USDTshort | +0.0100% | 4h | 316.08 | −0.155% | $104.8M | $144.3M | 300x | |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.98 | −0.186% | $17.6M | $31.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.93 | −0.202% | $35.2M | $55.8M | 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 | 316.23 | −0.107% | $35K | $303K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.05 | −0.164% | $88K | $794K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.84 | −0.231% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.25 | −0.417% | $109K | $528K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.86 | −0.223% | $173K | $998 | 3x | as long as short |
| Phemex TAOUSDT | +0.0105% | 4h | 315.92 | −0.205% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0112% | 8h | 315.61 | −0.303% | $1K | $778K | 5x | as long as short |
| Bullet TAO-USD | +0.0122% | 1h | 316.16 | −0.131% | $12K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0127% | 4h | 316.04 | −0.167% | $57K | $275K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0156% / S +0.0113% | 1h | 315.96 | −0.192% | $428K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0160% | 4h | 316.72 | +0.047% | $527K | $965K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0231% | 8h | 315.55 | −0.321% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0248% | 1h | 316.01 | −0.178% | $5.6M | $20.7M | 50x | as long as short |
| Aster TAOUSDT | +0.0256% | 4h | 316.03 | −0.171% | $1.2M | $10.1M | 50x | as long as short |
| ApeX Omni TAOUSDTlong | +0.0299% | 1h | 316.57 | long leg | $46K | $252K | 50x | |
| BloFin TAO-USDT | +0.0340% | 4h | 316.10 | −0.148% | $4.5M | $10.9M | 100x | as long as short |
| Bybit TAOUSDT | +0.0351% | 4h | 316.22 | −0.111% | $69.4M | $145.9M | 50x | as long as short |
| BingX TAO-USDT | +0.0386% | 4h | 316.16 | −0.130% | — | $30.3M | — | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0444% | 1h | 316.19 | −0.121% | $15K | $1.7M | 25x | as long as short |
| Pacifica TAO | +0.0448% | 1h | 315.59 | −0.310% | $371K | $413K | 10x | as long as short |
| Phoenix TAO | +0.0504% | 1h | 316.50 | −0.022% | $331K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 316.16 | −0.130% | $100K | $488K | 5x | as long as short |
| Extended TAO-USD | +0.0544% | 1h | 315.93 | −0.202% | $927K | $2.4M | 25x | as long as short |
| Nado TAO-PERP | +0.0559% | 1h | 315.79 | −0.246% | $844K | $2.2M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0632% | 1h | 315.82 | −0.237% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.09 | −0.151% | $364 | — | 20x | as long as short |
| Lighter TAO | +0.0704% | 1h | 316.36 | −0.065% | $1.6M | $6.4M | 5x | as long as short |
| Variational Omni TAO | +0.0758% | 4h | 315.94 | −0.198% | $5.9M | $9.8M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0814% | 1h | 315.89 | −0.215% | $314K | $926K | 10x | as long as short |
| Hyperliquid TAO | +0.0916% | 1h | 316.24 | −0.104% | $95.4M | $104.3M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 317.08 | +0.161% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 315.89 | −0.213% | $435K | $659K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 321.62 | +1.595% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Phemex TAOUSDT
Katana Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Aster TAOUSDT
BloFin TAO-USDT
Bybit TAOUSDT
BingX TAO-USDT
Deribit TAO_USDC-PERPETUAL
Pacifica TAO
Phoenix TAO
Arcus TAO-USD
Extended TAO-USD
Nado TAO-PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Lighter TAO
Variational Omni TAO
Backpack TAO_USDC_PERP
Hyperliquid TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP