ELI5: Why are many Australian spiders, such as the funnel web spider, toxic enough to drop a horse, but prey on small insects?

There are other breeds of funnelwebs that are outside of the greater Sydney region, they just aren't as common I suppose.

Wikipedia: The subfamily includes the following genera and species. Including their common names and distribution

Atrax O. P.-Cambridge, 1877

    Atrax robustus O. P.-Cambridge, 1877 (Sydney funnel-web spider) — Sydney, Blue Mountains, Illawarra, Hunter New South Wales

    Atrax yorkmainorum Gray, M.R., 2010 — Australian Capital Territory and Riverina

    Atrax sutherlandi Gray, M.R., 2010 — Far south coast of New South Wales and east Gippsland, Victoria

Hadronyche L. Koch, 1873

    Hadronyche alpina Gray, M.R., 2010 — Kosciuszko National Park, New South Wales to Brindabella Range, Australian Capital Territory

    Hadronyche adelaidensis (Gray, 1984) (Adelaide funnel-web spider) — South Australia

    Hadronyche annachristiae Gray, M.R., 2010 — Kerewong and Lorne State Forests, New South Wales

    Hadronyche anzses Raven, 2000 (Northern funnel-web spider) — Queensland

    Hadronyche cerberea L. Koch, 1873 (Tree funnel-web spider or Southern funnel-web spider) — New South Wales

    Hadronyche emmalizae Gray, M.R., 2010 — New South Wales

    Hadronyche eyrei (Gray, 1984) (Eyre Peninsula funnel-web spider) — South Australia

    Hadronyche flindersi (Gray, 1984) (Flinders funnel-web spider) — South Australia

    Hadronyche formidabilis (Rainbow, 1914) (Northern Rivers funnel-web spider or Northern Tree funnel-web spider) — Queensland, New South Wales

    Hadronyche infensa (Hickman, 1964) (Toowoomba funnel-web spider or Fraser Island funnel-web spider) — Queensland, New South Wales

    Hadronyche insularis (Rainbow, 1913) — Solomon Islands

    Hadronyche jensenae Gray, M.R., 2010 — Gippsland, Victoria

    Hadronyche kaputarensis Gray, M.R., 2010 — Endemic to Mount Kaputar

    Hadronyche levittgreggae Gray, M.R., 2010 — Hawkesbury River region, New South Wales

    Hadronyche lynabrae Gray, M.R., 2010 — New South Wales

    Hadronyche macquariensis Gray, M.R., 2010 — New South Wales

    Hadronyche marracoonda Gray, M.R., 2010 — New South Wales

    Hadronyche mascordi Gray, M.R., 2010 — New South Wales

    Hadronyche meridiana Hogg, 1902 — Victoria

    Hadronyche modesta (Simon, 1891) (Victorian funnel-web spider) — Victoria

    Hadronyche monaro Gray, M.R., 2010 — New South Wales

    Hadronyche monteithi Gray, M.R., 2010 — Border Ranges, Killarney, Queensland

    Hadronyche nimoola Gray, M.R., 2010 — New South Wales

    Hadronyche orana Gray, M.R., 2010 — New South Wales

    Hadronyche pulvinator (Hickman, 1927) (Cascade funnel-web spider) — Tasmania

    Hadronyche raveni Gray, M.R., 2010 — Conondale Range, Queensland

    Hadronyche tambo Gray, M.R., 2010 — Gippsland, Victoria

    Hadronyche valida (Rainbow & Pulleine, 1918) — Queensland, New South Wales

    Hadronyche venenata (Hickman, 1927) (Tasmanian funnel-web spider) — Tasmania

    Hadronyche versuta (Rainbow, 1914) (Blue Mountains funnel-web spider) — New South Wales

    Hadronyche walkeri Gray, M.R., 2010 — New South Wales

Illawarra Gray, M.R., 2010

    Illawarra wisharti Gray, M.R., 2010 — Illawarra region, New South Wales
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