Funding you earn now, next payment 03:00 UTC+0.0203%/8h= +22.2% APRnext payment +$0.25 per $10,000 · paid last 24h −0.106%
Price spread now: Pacifica against Kraken Futures+0.513%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs+$5as in the Price arb table
costs, in and out, $10k−$500.505% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 4 days (all we have)−0.633%−$63 · spread now +0.513%, 7d avg −0.044%
=Together, before fees−0.823%+ Points / potential airdropPacifica: Active · farm board−$82 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Pacifica is 0.557% dearer against Kraken Futures than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of −0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.190%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TAOUSD | 320.47 | 0.0245 | pay 0.0031% / 1h | 35m 32s | $5.6M | $20.5M | 50x |
| Short | Pacifica TAO | 322.11 | 0.0448 | get 0.0056% / 1h | 35m 32s | $380K | $396K | 10x |
Kraken Futures PF_TAOUSD
Pacifica TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kraken Futures. 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
- $42.65
- Price spread: +0.513% → −0.044%
- $55.74
- Slippage, 4 orders
- −$32.45
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $47.94
- Costs to cover
- 0.505%
- Break-even
- from the start
Slippage from Kraken Futures: live order book, 4 min ago; Pacifica: live order book, 28 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 Kraken Futures live order book, 4 min ago | 10.16 bp | 16.2 bp −$16 | 38.4 bp −$384 | 116.9 bp −$11.7K | doesn't fit |
| Sell Pacifica live order book, 28 min ago | 3.77 bp | 10.5 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.5583% | 1h | 316.49 | −1.241% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 321.74 | +0.396% | $129K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 320.05 | −0.129% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 322.77 | +0.719% | $38K | $659K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 323.36 | +0.904% | $94.3M | $474.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 323.50 | +0.946% | $26.5M | $118.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 323.10 | +0.822% | $13.2M | $49.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 323.17 | +0.843% | $109.7M | $140.4M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 321.98 | +0.472% | $18.1M | $30.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 323.16 | +0.840% | $36.1M | $54.2M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 320.56 | +0.030% | $36K | $301K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 323.32 | +0.890% | $88K | $789K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 320.32 | −0.046% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.67 | +0.063% | $130K | $479K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 320.44 | −0.008% | $3.5M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 320.69 | +0.068% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0107% | 4h | 320.46 | −0.002% | $58K | $281K | 10x | as long as short |
| Katana Perps TAO-USD | +0.0117% | 8h | 322.83 | +0.737% | $1K | $765K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0162% / S +0.0106% | 1h | 320.08 | −0.121% | $435K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSDlong | +0.0245% | 1h | 320.47 | long leg | $5.6M | $20.5M | 50x | |
| GRVT TAO_USDT_Perp | +0.0248% | 4h | 320.95 | +0.150% | $534K | $963K | 10x | as long as short |
| Bullet TAO-USD | +0.0303% | 1h | 320.58 | +0.037% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0317% | 8h | 323.33 | +0.893% | $15K | $1K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 321.38 | +0.285% | $4.5M | $10.7M | 100x | as long as short |
| Aster TAOUSDT | +0.0341% | 4h | 321.98 | +0.473% | $1.2M | $9.4M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0376% | 1h | 320.33 | −0.044% | $17K | $1.6M | 25x | as long as short |
| Pacifica TAOshort | +0.0448% | 1h | 322.11 | +0.513% | $380K | $396K | 10x | |
| Phoenix TAO | +0.0504% | 1h | 320.50 | +0.010% | $335K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 323.00 | +0.790% | $101K | $490K | 5x | as long as short |
| Nado TAO-PERP | +0.0529% | 1h | 323.58 | +0.972% | $789K | $2.2M | 10x | as long as short |
| Bybit TAOUSDT | +0.0584% | 4h | 323.53 | +0.956% | $70.2M | $141.8M | 50x | as long as short |
| BingX TAO-USDT | +0.0608% | 4h | 323.21 | +0.856% | — | $30.3M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 323.33 | +0.893% | $372 | — | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0733% | 1h | 320.61 | +0.045% | $47K | $253K | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0768% | 1h | 323.11 | +0.825% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0866% | 4h | 320.39 | −0.023% | $5.9M | $9.7M | — | as long as short |
| Lighter TAO | +0.0896% | 1h | 322.30 | +0.572% | $1.6M | $6.3M | 5x | as long as short |
| Extended TAO-USD | +0.0904% | 1h | 322.89 | +0.756% | $945K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.1023% | 1h | 320.15 | −0.099% | $440K | $860K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 321.63 | +0.363% | $1.5M | $6.6M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 322.83 | +0.739% | $458K | $628K | 5x | as long as short |
| Hyperliquid TAO | +0.1346% | 1h | 322.32 | +0.578% | $101.3M | $98.6M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 323.37 | +0.906% | $24K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Bullet TAO-USD
Paradex TAO-USD-PERP
BloFin TAO-USDT
Aster TAOUSDT
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Arcus TAO-USD
Nado TAO-PERP
Bybit TAOUSDT
BingX TAO-USDT
Reya TAORUSDPERP
ApeX Omni TAOUSDT
01 Exchange TAOUSD
Variational Omni TAO
Lighter TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP