Funding you earn now, next payment 01:00 UTC+0.0216%/8h= +23.6% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX−0.333%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 3 days (all we have)+0.474%+$47 · spread now −0.333%, 7d avg +0.055%
=Funding pays, the price is against you. ApeX Omni is 0.388% cheaper against OKX than usual: you would sell low and buy high (spread −0.333% now, against its 7-day average of +0.055%). If the spread goes back, that is −$39 on $10k: about 6.0 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.058% in total) that is about 47 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% 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 | OKX TAO-USDT-SWAP | 318.20 | 0.0100 | pay 0.0100% / 8h | 7h 24m | $26.1M | $108.8M | 50x |
| Short | ApeX Omni TAOUSDT | 317.14 | 0.0316 | get 0.0039% / 1h | 24m 52s | $49K | $267K | 50x |
OKX TAO-USDT-SWAP
ApeX Omni TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- $45.29
- Price spread: −0.333% → +0.055%
- −$38.85
- Slippage, 4 orders
- −$29.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$43.51
- Costs to cover
- 0.500%
- Break-even
- 13.7 days
Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 47 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 OKX live order book, 4 min ago | 1.57 bp | 12.1 bp −$12 | 21.5 bp −$215 | 67.1 bp −$6,714 | doesn't fit |
| Sell ApeX Omni live order book, 47 min ago | 6.24 bp | 14.7 bp −$15 | 133.1 bp −$1,331 | 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 | −0.1321% | 1h | 318.22 | +0.006% | $169K | $44K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 318.50 | +0.094% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.34 | +0.043% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.52 | +0.101% | $43K | $592K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.99 | −0.065% | $91.4M | $447.6M | 75x | as long as short |
| OKX TAO-USDT-SWAPlong | +0.0100% | 8h | 318.20 | long leg | $26.1M | $108.8M | 50x | |
| Gate TAO_USDT | +0.0100% | 4h | 318.40 | +0.063% | $12.9M | $50.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.22 | +0.006% | $108.9M | $135.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.03 | −0.053% | $18.2M | $29.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.98 | −0.069% | $35.4M | $50.8M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
Gate TAO_USDT
MEXC 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 | 317.16 | −0.326% | $40K | $292K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.62 | −0.497% | $523K | $969K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 318.56 | +0.113% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.28 | +0.025% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.80 | +0.189% | $127K | $423K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.43 | +0.072% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.93 | +0.228% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 318.48 | +0.088% | $737 | $625K | 5x | as long as short |
| Bullet TAO-USD | +0.0110% | 1h | 318.66 | +0.145% | $12K | $17K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0093% | 1h | 318.38 | +0.057% | $458K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 318.86 | +0.207% | $377K | $376K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 318.99 | +0.248% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0214% | 4h | 318.30 | +0.031% | $1.1M | $8.6M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0236% | 8h | 318.71 | +0.161% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0284% | 1h | 318.55 | +0.109% | $17K | $1.5M | 25x | as long as short |
| Polymarket Perps TAO-USD | +0.0297% | 1h | 318.63 | +0.135% | $93K | $635K | 5x | as long as short |
| ApeX Omni TAOUSDTshort | +0.0316% | 1h | 317.14 | −0.333% | $49K | $267K | 50x | |
| BloFin TAO-USDT | +0.0340% | 4h | 318.72 | +0.163% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 318.15 | −0.016% | — | $30.7M | — | as long as short |
| Variational Omni TAO | +0.0460% | 4h | 318.45 | +0.079% | $5.5M | $8.7M | — | as long as short |
| Bybit TAOUSDT | +0.0475% | 4h | 318.44 | +0.075% | $65.6M | $133.1M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0481% | 1h | 318.59 | +0.122% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 318.10 | −0.031% | $333K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 322.97 | +1.499% | $23K | $678 | 12x | as long as short |
| 01 Exchange TAOUSD | +0.0600% | 1h | 319.14 | +0.295% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 318.39 | +0.061% | $366 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0769% | 1h | 318.41 | +0.068% | $890K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0844% | 1h | 318.74 | +0.170% | $322K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 318.66 | +0.145% | $1.5M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 318.89 | +0.217% | $423K | $591K | 5x | as long as short |
| Extended TAO-USD | +0.1144% | 1h | 318.04 | −0.049% | $926K | $2.3M | 25x | as long as short |
| Lighter TAO | +0.1384% | 1h | 319.19 | +0.310% | $1.7M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.2039% | 1h | 319.08 | +0.277% | $103.0M | $91.4M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Bullet TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
Polymarket Perps TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Variational Omni TAO
Bybit TAOUSDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Extended TAO-USD
Lighter TAO
Hyperliquid TAO