Funding you earn now, next payment 05:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against dYdX−0.502%110s7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as 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−$1061.056% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+1.016%+$102 · spread now −0.502%, 7d avg +0.075%
=Funding pays, the price is against you. ApeX Omni is 0.578% cheaper against dYdX than usual: you would sell low and buy high (spread −0.502% now, against its 7-day average of +0.075%). If the spread goes back, that is −$58 on $10k: about 22 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour. The two prices were read 110 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 | dYdX TAO-USD | 313.26 | 0.0011 | pay 0.0001% / 1h | 17m 47s | $125K | $85K | 5x |
| Short | ApeX Omni TAOUSDT | 311.69 | 0.0100 | get 0.0013% / 1h | 17m 47s | $46K | $254K | 50x |
dYdX TAO-USD
ApeX Omni TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against dYdX. 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
- $18.6
- Price spread: −0.502% → +0.075%
- −$57.78
- Slippage, 4 orders
- −$85.64
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$144.82
- Costs to cover
- 1.056%
- Break-even
- 61.5 days
Slippage from dYdX: live order book, 36 min ago; ApeX Omni: live order book, 34 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 dYdX live order book, 36 min ago | 31.65 bp | 42.5 bp −$42 | 67.6 bp −$676 | 147.8 bp −$14.8K | 533.8 bp −$266.9K |
| Sell ApeX Omni live order book, 34 min ago | 5.43 bp | 13.3 bp −$13 | 140.9 bp −$1,409 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0347% | 1h | 312.59 | −0.216% | $5.5M | $20.7M | 50x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.30 | −0.307% | $20K | — | 150x | as long as short |
| dYdX TAO-USDlong | +0.0011% | 1h | 313.26 | long leg | $125K | $85K | 5x | |
| Popdex TAOUSDT | +0.0096% | 1h | 312.21 | −0.336% | $46K | $656K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0099% | 8h | 311.95 | −0.419% | $639 | $842K | 5x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 312.39 | −0.280% | $356K | $416K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.57 | +0.098% | $89.8M | $501.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.40 | +0.044% | $26.2M | $121.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.20 | −0.020% | $13.3M | $50.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 313.58 | +0.101% | $102.8M | $145.4M | 300x | as long as short |
Kraken Futures PF_TAOUSD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Katana Perps TAO-USD
Pacifica TAO
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 | 313.51 | +0.079% | $17.8M | $31.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.35 | +0.028% | $35.2M | $56.5M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 313.62 | +0.114% | — | $33.7M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 311.63 | −0.522% | $41K | $314K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.55 | −0.548% | $529K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDTshort | +0.0100% | 1h | 311.69 | −0.502% | $46K | $254K | 50x | |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 312.32 | −0.301% | $79K | $901K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 312.59 | −0.215% | $11K | $17K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.51 | −0.241% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.06 | −0.384% | $110K | $542K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 312.77 | −0.158% | $3.1M | $8.0M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.72 | −0.172% | $172K | $998 | 3x | as long as short |
| Aster TAOUSDT | +0.0109% | 4h | 313.42 | +0.051% | $1.3M | $10.5M | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0115% | 4h | 312.45 | −0.260% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0136% / S +0.0135% | 1h | 312.21 | −0.335% | $414K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0153% | 8h | 312.21 | −0.337% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0161% | 4h | 313.68 | +0.133% | $67.6M | $150.5M | 50x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 312.50 | −0.244% | $101K | $394K | 5x | as long as short |
| Variational Omni TAO | +0.0308% | 4h | 311.97 | −0.413% | $5.5M | $10.1M | — | as long as short |
| Extended TAO-USD | +0.0312% | 1h | 313.45 | +0.058% | $914K | $2.4M | 25x | as long as short |
| Nado TAO-PERP | +0.0338% | 1h | 312.25 | −0.324% | $788K | $2.2M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 312.69 | −0.183% | $4.5M | $10.8M | 100x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 312.30 | −0.308% | $311K | $711K | 5x | as long as short |
| Hyperliquid TAO | +0.0473% | 1h | 313.88 | +0.197% | $92.2M | $107.8M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0480% | 1h | 312.48 | −0.250% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0498% | 1h | 313.42 | +0.050% | $311K | $885K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0553% | 1h | 312.63 | −0.202% | $13K | $1.8M | 25x | as long as short |
| Lighter TAO | +0.0616% | 1h | 313.86 | +0.189% | $1.5M | $6.5M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 312.43 | −0.267% | $359 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 312.26 | −0.320% | $443K | $647K | 5x | as long as short |
| Bulk TAO-USD | +0.0817% | 1h | 310.92 | −0.748% | $165K | $333 | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 312.08 | −0.378% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 315.24 | +0.631% | $23K | $2K | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Aster TAOUSDT
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Bybit TAOUSDT
Arcus TAO-USD
Variational Omni TAO
Extended TAO-USD
Nado TAO-PERP
BloFin TAO-USDT
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Deribit TAO_USDC-PERPETUAL
Lighter TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Bulk TAO-USD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP