Funding you earn now, next payment 01:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against ApeX Omni+0.539%63s7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$420.421% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 3 days (all we have)−0.605%−$60 · spread now +0.539%, 7d avg −0.032%
=The price spread pays, funding is against you. Polymarket Perps is 0.571% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.539% now, against its 7-day average of −0.032%): +$57 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 days. The two prices were read 63 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 | ApeX Omni TAOUSDT | 318.98 | 0.0476 | pay 0.0059% / 1h | 52m 12s | $48K | $268K | 50x |
| Short | Polymarket Perps TAO-USD | 320.70 | 0.0362 | get 0.0045% / 1h | 52m 12s | $100K | $633K | 5x |
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$23.76
- Price spread: +0.539% → −0.032%
- $57.13
- Slippage, 4 orders
- −$24.1
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$8.72
- Costs to cover
- 0.421%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 20 min ago; Polymarket Perps: 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 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 Polymarket Perps live order book, 20 min ago | 2.71 bp | 6.7 bp −$7 | 9.3 bp −$93 | 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 | 320.56 | +0.495% | $92.2M | $439.0M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.60 | +0.508% | $26.0M | $107.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.20 | +0.382% | $12.9M | $49.6M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 320.60 | +0.508% | $105.8M | $131.5M | 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 | 320.51 | +0.480% | $19.1M | $28.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.32 | +0.420% | $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-PERP | +0.0104% | 1h | 321.87 | +0.906% | $177K | $998 | 3x | as long as short |
| 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 | 320.55 | +0.492% | $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-USDshort | +0.0362% | 1h | 320.70 | +0.539% | $100K | $633K | 5x | |
| BingX TAO-USDT | +0.0398% | 4h | 321.25 | +0.712% | — | $30.7M | — | as long as short |
| Bybit TAOUSDT | +0.0473% | 4h | 320.65 | +0.524% | $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 | +0.1001% | 1h | 320.21 | +0.386% | $317K | $817K | 10x | as long as short |
| Extended TAO-USD | +0.1032% | 1h | 320.47 | +0.466% | $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 | +0.2944% | 1h | 321.12 | +0.671% | $104.9M | $88.5M | 5x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
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
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