Funding you earn now, next payment 04:00 UTC+0.0265%/8h= +29.0% APRpaid last 24h +0.009%
Price spread now: Pacifica against Binance+0.040%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.040%, 7d avg +0.007%
=Together, before fees+0.133%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Pacifica is 0.033% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% 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 | Binance TAOUSDT | 315.28 | 0.0100 | pay 0.0050% / 4h | 3m 01s | $91.1M | $495.0M | 75x |
| Short | Pacifica TAO | 315.41 | 0.0365 | get 0.0046% / 1h | 3m 01s | $360K | $412K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Binance. 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
- $55.57
- Price spread: +0.040% → +0.007%
- $3.28
- Slippage, 4 orders
- −$16.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $24.18
- Costs to cover
- 0.347%
- Break-even
- 4.0 days
Slippage from Binance: live order book, 11 min ago; Pacifica: live order book, 55 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 Binance live order book, 11 min ago | 0.16 bp | 6.5 bp −$7 | 14.5 bp −$145 | 32.8 bp −$3,281 | doesn't fit |
| Sell Pacifica live order book, 55 min ago | 3.49 bp | 11.6 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 315.19 | −0.028% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.97 | −0.099% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 315.08 | −0.064% | $5.5M | $20.6M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.24 | −0.014% | $43K | $669K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 315.05 | −0.074% | $2K | $800K | 5x | as long as short |
| Binance TAOUSDTlong | +0.0100% | 4h | 315.28 | long leg | $91.1M | $495.0M | 75x | |
| Bybit TAOUSDT | +0.0100% | 4h | 315.44 | +0.050% | $68.0M | $149.0M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.30 | +0.005% | $26.0M | $120.7M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 314.80 | −0.153% | $167K | $2K | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.00 | −0.090% | $13.0M | $50.2M | 50x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 315.30 | +0.005% | $100.8M | $144.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.05 | −0.074% | $17.7M | $31.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.04 | −0.077% | $35.2M | $56.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 315.23 | −0.017% | — | $32.8M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.70 | −0.186% | $42K | $313K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.68 | −0.191% | $533K | $969K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.73 | −0.175% | $46K | $255K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 315.01 | −0.087% | $77K | $862K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 315.21 | −0.022% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.05 | −0.074% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.90 | −0.121% | $110K | $535K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 315.18 | −0.033% | $3.2M | $8.1M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.29 | +0.003% | $173K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0128% | 4h | 315.08 | −0.064% | $52K | $271K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0144% / S +0.0123% | 1h | 314.94 | −0.110% | $428K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0151% | 8h | 315.26 | −0.008% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0162% | 4h | 315.14 | −0.045% | $1.2M | $10.4M | 50x | as long as short |
| Extended TAO-USD | +0.0208% | 1h | 315.30 | +0.007% | $923K | $2.4M | 25x | as long as short |
| Nado TAO-PERP | +0.0211% | 1h | 315.32 | +0.011% | $801K | $2.2M | 10x | as long as short |
| Hyperliquid TAO | +0.0288% | 1h | 315.45 | +0.053% | $92.7M | $106.6M | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 315.15 | −0.042% | $4.6M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 315.51 | +0.072% | $99K | $438K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0352% | 1h | 315.47 | +0.059% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0354% | 1h | 315.12 | −0.050% | $22K | $1.7M | 25x | as long as short |
| Pacifica TAOshort | +0.0365% | 1h | 315.41 | +0.040% | $360K | $412K | 10x | |
| Backpack TAO_USDC_PERP | +0.0365% | 1h | 315.30 | +0.005% | $313K | $913K | 10x | as long as short |
| Lighter TAO | +0.0384% | 1h | 315.48 | +0.061% | $1.5M | $6.5M | 5x | as long as short |
| Variational Omni TAO | +0.0413% | 4h | 314.58 | −0.221% | $5.7M | $9.9M | — | as long as short |
| Phoenix TAO | +0.0581% | 1h | 314.50 | −0.248% | $313K | $697K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 315.17 | −0.035% | $362 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0991% | 1h | 315.25 | −0.009% | $438K | $653K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 316.16 | +0.278% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 317.67 | +0.757% | $23K | $2K | 12x | as long as short |
Binance TAOUSDT
Pacifica TAO
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Katana Perps TAO-USD
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Aster TAOUSDT
Extended TAO-USD
Hyperliquid TAO
BloFin TAO-USDT
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
Backpack TAO_USDC_PERP
Lighter TAO
Variational Omni TAO
Phoenix TAO
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP