Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Pacifica against ApeX Omni−0.355%111s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.227%−$23 · spread now −0.355%, 7d avg −0.044%
Together, before fees−0.223%+ Points / potential airdropPacifica: Active · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.311% cheaper against ApeX Omni than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.044%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TAOUSDT307.140.0100pay 0.0013% / 1h29m 41s$46K$267K50x
ShortPacifica TAO306.050.0100get 0.0013% / 1h29m 41s$362K$401K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.355% → −0.044%
−$31.11
Slippage, 4 orders
−$29.9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$79.01
Costs to cover
0.479%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 57 min ago; Pacifica: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 57 min ago4.65 bp14.4 bp −$14125.6 bp −$1,256doesn't fitdoesn't fit
Sell Pacifica live order book, 58 min ago2.40 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX TAO-USD0.0000%1h305.82−0.430%$128K$84K5xas long as short
Deribit TAO_USDC-PERPETUAL0.0000%1h305.39−0.568%$15K$1.3M25xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h305.17−0.642%$19K150xas long as short
Popdex TAOUSDT+0.0096%1h307.24+0.033%$42K$526K20xas long as short
Pacifica TAOshort+0.0100%1h306.05−0.355%$362K$401K10x
Binance TAOUSDT+0.0100%4h305.83−0.425%$85.6M$402.8M75xas long as short
Bybit TAOUSDT+0.0100%4h306.69−0.147%$59.3M$118.0M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h306.60−0.176%$25.0M$92.6M50xas long as short
Arcus TAO-USD+0.0100%1h306.86−0.091%$136K$594K5xas long as short
Bulk TAO-USD+0.0100%1h307.07−0.023%$201K$57K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TAO_USDT+0.0100%4h305.40−0.567%$12.0M$47.9M50xas long as short
MEXC TAO_USDT+0.0100%4h306.55−0.192%$113.2M$123.1M300xas long as short
KuCoin TAOUSDTM+0.0100%4h306.40−0.241%$18.5M$26.4M75xas long as short
Bitget TAOUSDT+0.0100%4h306.51−0.205%$34.4M$44.4M50xas long as short
BingX TAO-USDT+0.0100%4h305.24−0.619%$30.4Mas long as short
Variational Omni TAO+0.0100%4h307.53+0.127%$3.6M$6.5Mas long as short
edgeX TAOUSDC+0.0100%4h307.38+0.078%$40K$277K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h307.30+0.053%$539K$967K10xas long as short
ApeX Omni TAOUSDTlong+0.0100%1h307.14long leg$46K$267K50x
Bullet TAO-USD+0.0100%1h305.25−0.615%$12K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h305.25−0.615%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h304.96−0.710%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h304.47−0.869%$120K$352K20xas long as short
Phemex TAOUSDT+0.0100%4h305.56−0.514%$3.2M$7.9M50xas long as short
Aevo TAO-PERP+0.0104%1h305.46−0.545%$168K$9983xas long as short
Polymarket Perps TAO-USD+0.0106%1h307.43+0.094%$86K$669K5xas long as short
Katana Perps TAO-USD+0.0112%8h307.37+0.075%$1K$430K5xas long as short
Aster TAOUSDT+0.0147%4h305.91−0.402%$1.1M$7.5M50xas long as short
Paradex TAO-USD-PERP+0.0163%8h305.90−0.402%$14K$1K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h304.99−0.699%$435K100xas long as short
Phoenix TAO+0.0234%1h308.30+0.378%$327K$462K5xas long as short
Nado TAO-PERP+0.0283%1h307.42+0.090%$846K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h307.28+0.046%$4.2M$9.5M100xas long as short
01 Exchange TAOUSD+0.0520%1h307.74+0.195%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0694%1h307.05−0.030%$35320xas long as short
Extended TAO-USD+0.0696%1h305.51−0.530%$901K$2.0M25xas long as short
Lighter TAO+0.0944%1h306.38−0.247%$1.6M$4.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h305.96−0.384%$1.5M$5.3M50xas long as short
Kraken Futures PF_TAOUSD+0.1031%1h305.85−0.421%$6.3M$19.5M50xas long as short
RISEx TAO/USDC+0.1053%1h307.49+0.115%$411K$535K5xas long as short
Backpack TAO_USDC_PERP+0.1302%1h305.78−0.443%$437K$703K10xas long as short
Hyperliquid TAO+0.1697%1h305.94−0.392%$93.5M$75.8M5xas long as short
Injective TAO/USDC PERP+0.4876%1h308.62+0.482%$22K$13812xas long as short