Funding you earn now, next payment 23:00 UTC−0.1458%/8h= −159.6% APRnext payment −$1.82 per $10,000 · paid last 24h −0.659%
Price spread now: Pacifica against Injective−1.562%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.371%−$337 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and Pacifica is 1.562% cheaper against Injective than usual: you would sell low and buy high (−$156 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 99 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 | Injective TAO/USDC PERP | 308.73 | 0.1621 | pay 0.0203% / 1h | 43m 24s | $22K | $264 | 12x |
| Short | Pacifica TAO | 303.91 | 0.0164 | get 0.0020% / 1h | 43m 24s | $359K | $370K | 10x |
Injective TAO/USDC PERP
Pacifica TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Injective. 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
- −$306.14
- Price spread: −1.562% → 0.000%
- −$156.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$470.36
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 40 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 40 min ago | 1.63 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0466% | 1h | 307.38 | −0.437% | $202K | $17K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 303.67 | −1.640% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 303.42 | −1.719% | $26K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 303.96 | −1.545% | $43K | $534K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 303.57 | −1.671% | $85.0M | $410.4M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 303.72 | −1.623% | $58.8M | $120.7M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 303.50 | −1.694% | $24.4M | $94.5M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 304.19 | −1.471% | $79K | $642K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 303.60 | −1.662% | $12.1M | $48.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 303.76 | −1.610% | $110.1M | $124.5M | 300x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
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 | 303.82 | −1.590% | $18.5M | $26.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 303.57 | −1.671% | $33.9M | $45.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 303.53 | −1.684% | — | $30.3M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 303.72 | −1.624% | $3.6M | $6.6M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 303.61 | −1.659% | $39K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 303.82 | −1.591% | $502K | $967K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 303.97 | −1.542% | $77K | $605K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 303.58 | −1.669% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 303.52 | −1.688% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 303.77 | −1.607% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 304.23 | −1.458% | $121K | $360K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 304.01 | −1.529% | $3.2M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 304.09 | −1.502% | $167K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0112% | 8h | 303.88 | −1.571% | $623 | $487K | 5x | as long as short |
| Aster TAOUSDT | +0.0112% | 4h | 303.80 | −1.596% | $1.1M | $7.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0152% | 8h | 304.04 | −1.519% | $14K | $1K | 10x | as long as short |
| Pacifica TAOshort | +0.0164% | 1h | 303.91 | −1.562% | $359K | $370K | 10x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 303.38 | −1.734% | $434K | — | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0211% | 1h | 303.28 | −1.765% | $46K | $269K | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0334% | 1h | 304.10 | −1.500% | $20K | $1.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 303.29 | −1.762% | $4.2M | $9.3M | 100x | as long as short |
| Lighter TAO | +0.0384% | 1h | 304.02 | −1.526% | $1.6M | $5.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0392% | 1h | 304.21 | −1.464% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0396% | 1h | 304.01 | −1.529% | $378K | $757K | 10x | as long as short |
| Nado TAO-PERP | +0.0417% | 1h | 303.90 | −1.564% | $827K | $1.9M | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 303.90 | −1.564% | $322K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 303.71 | −1.627% | $349 | — | 20x | as long as short |
| Extended TAO-USD | +0.0832% | 1h | 303.94 | −1.553% | $835K | $2.0M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 305.27 | −1.121% | $1.5M | $5.6M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1039% | 1h | 303.95 | −1.548% | $5.8M | $19.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 304.20 | −1.468% | $410K | $545K | 5x | as long as short |
| Hyperliquid TAO | +0.1212% | 1h | 304.15 | −1.483% | $92.7M | $79.9M | 5x | as long as short |
| Injective TAO/USDC PERPlong | +0.1621% | 1h | 308.73 | long leg | $22K | $264 | 12x |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
GMX TAO/USD [WBTC.b-USDC]
ApeX Omni TAOUSDT
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Lighter TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Nado TAO-PERP
Phoenix TAO
Reya TAORUSDPERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Hyperliquid TAO