Funding you earn now, next payment 06:00 UTC+0.0123%/8h= +13.4% APRpaid last 24h +0.011%
Price spread now: Pacifica against Katana Perps+0.079%57s7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.079%, 7d avg −0.015%
=Together, before fees−0.240%+ Points / potential airdropPacifica: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.095% dearer against Katana Perps than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 4 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour. The two prices were read 57 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 | Katana Perps TAO-USD | 318.40 | 0.0110 | pay 0.0110% / 8h | 2h 14m | $652 | $943K | 5x |
| Short | Pacifica TAO | 318.65 | 0.0233 | get 0.0029% / 1h | 14m 41s | $363K | $420K | 10x |
Katana Perps TAO-USD
Pacifica TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Katana Perps. 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
- $25.78
- Price spread: +0.079% → −0.015%
- $9.45
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $23.44
- Costs to cover
- 0.118%
- Break-even
- 0.6 days
Slippage unknown: Katana Perps: no order-book sample; Pacifica: live order book, 34 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 34 min ago | 2.55 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Katana Perps: 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 | −0.0038% | 1h | 313.74 | −1.464% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.22 | −0.057% | $21K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0034% | 1h | 318.18 | −0.071% | $127K | $85K | 5x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.50 | +0.031% | $26.6M | $125.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.20 | −0.063% | $14.2M | $51.6M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.58 | +0.057% | $100.6M | $147.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.48 | +0.025% | $17.5M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.40 | 0.000% | $35.9M | $57.5M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 318.26 | −0.044% | $42K | $316K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.28 | −0.038% | $91K | $920K | 5x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 318.05 | −0.110% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.84 | −0.176% | $116K | $565K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.23 | −0.053% | $3.2M | $8.0M | 50x | as long as short |
| Popdex TAOUSDT | +0.0104% | 1h | 318.49 | +0.028% | $53K | $672K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.56 | +0.049% | $175K | $998 | 3x | as long as short |
| Binance TAOUSDT | +0.0104% | 4h | 318.53 | +0.041% | $91.4M | $512.7M | 75x | as long as short |
| Katana Perps TAO-USDlong | +0.0110% | 8h | 318.40 | long leg | $652 | $943K | 5x | |
| Orderly PERP_TAO_USDC | +0.0117% | 4h | 318.35 | −0.016% | $53K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0127% / S +0.0142% | 1h | 318.19 | −0.066% | $426K | — | 100x | as long as short |
| Pacifica TAOshort | +0.0233% | 1h | 318.65 | +0.079% | $363K | $420K | 10x | |
| Aster TAOUSDT | +0.0265% | 4h | 318.57 | +0.053% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0276% | 8h | 318.62 | +0.069% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0281% | 1h | 318.14 | −0.081% | $799K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0299% | 1h | 318.67 | +0.084% | $6.0M | $21.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0329% | 1h | 318.56 | +0.051% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.52 | +0.038% | $4.6M | $11.0M | 100x | as long as short |
| Bybit TAOUSDT | +0.0387% | 4h | 318.64 | +0.075% | $69.7M | $153.6M | 50x | as long as short |
| BingX TAO-USDT | +0.0400% | 4h | 318.49 | +0.028% | — | $33.8M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0448% | 4h | 318.95 | +0.173% | $545K | $935K | 10x | as long as short |
| Variational Omni TAO | +0.0467% | 4h | 317.98 | −0.131% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 318.90 | +0.157% | $103K | $345K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0487% | 1h | 318.17 | −0.072% | $45K | $256K | 50x | as long as short |
| Extended TAO-USD | +0.0504% | 1h | 318.49 | +0.028% | $906K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 319.50 | +0.345% | $318K | $713K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 318.42 | +0.005% | $366 | — | 20x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0734% | 1h | 318.56 | +0.049% | $15K | $1.8M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0800% | 1h | 318.45 | +0.016% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 318.69 | +0.091% | $1.5M | $6.6M | 5x | as long as short |
| Hyperliquid TAO | +0.0818% | 1h | 318.94 | +0.170% | $93.7M | $109.4M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0834% | 1h | 318.59 | +0.060% | $316K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 319.01 | +0.192% | $1.5M | $7.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 318.22 | −0.056% | $459K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 322.94 | +1.426% | $23K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Popdex TAOUSDT
Aevo TAO-PERP
Binance TAOUSDT
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Paradex TAO-USD-PERP
Nado TAO-PERP
Kraken Futures PF_TAOUSD
Bullet TAO-USD
BloFin TAO-USDT
Bybit TAOUSDT
BingX TAO-USDT
GRVT TAO_USDT_Perp
Variational Omni TAO
Arcus TAO-USD
ApeX Omni TAOUSDT
Extended TAO-USD
Phoenix TAO
Reya TAORUSDPERP
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
Lighter TAO
Hyperliquid TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP