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

TAO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against MEXC+0.085%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.085%, 7d avg +0.007%
Together, before fees−0.118%+ Points / potential airdropPacifica: Active · farm board−$12 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 0.078% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TAO_USDT305.690.0100pay 0.0050% / 4h2h 28m$113.7M$123.4M300x
ShortPacifica TAO305.950.0100get 0.0013% / 1h28m 42s$361K$401K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. 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: +0.085% → +0.007%
$7.76
Slippage, 4 orders
−$17.49
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$17.73
Costs to cover
0.255%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Pacifica: live order book, 59 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 MEXC live order book, 5 min ago0.32 bp3.0 bp −$37.5 bp −$7525.9 bp −$2,593127.0 bp −$63.5K
Sell Pacifica live order book, 59 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%1h305.80+0.035%$128K$84K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h306.27+0.189%$19K150xas long as short
Deribit TAO_USDC-PERPETUAL+0.0078%1h306.38+0.226%$15K$1.3M25xas long as short
Popdex TAOUSDT+0.0096%1h305.15−0.177%$41K$526K20xas long as short
Pacifica TAOshort+0.0100%1h305.95+0.085%$361K$401K10x
Binance TAOUSDT+0.0100%4h305.74+0.016%$85.5M$403.1M75xas long as short
Bybit TAOUSDT+0.0100%4h305.80+0.036%$59.1M$118.0M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h305.70+0.003%$25.0M$92.3M50xas long as short
Arcus TAO-USD+0.0100%1h306.08+0.128%$136K$595K5xas long as short
Bulk TAO-USD+0.0100%1h307.07+0.451%$201K$57K10xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TAO_USDT+0.0100%4h305.60−0.029%$12.2M$48.0M50xas long as short
MEXC TAO_USDTlong+0.0100%4h305.69long leg$113.7M$123.4M300x
KuCoin TAOUSDTM+0.0100%4h305.76+0.023%$18.5M$26.4M75xas long as short
Bitget TAOUSDT+0.0100%4h305.47−0.072%$34.2M$44.4M50xas long as short
BingX TAO-USDT+0.0100%4h305.66−0.010%$30.4Mas long as short
Variational Omni TAO+0.0100%4h307.53+0.602%$3.6M$6.5Mas long as short
edgeX TAOUSDC+0.0100%4h307.34+0.539%$40K$278K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h307.77+0.680%$539K$967K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h307.19+0.491%$46K$267K50xas long as short
Bullet TAO-USD+0.0100%1h306.33+0.208%$12K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h306.31+0.203%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h306.19+0.164%$1K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h306.09+0.131%$120K$352K20xas long as short
Phemex TAOUSDT+0.0100%4h305.83+0.046%$3.2M$7.9M50xas long as short
Polymarket Perps TAO-USD+0.0104%1h306.82+0.370%$86K$669K5xas long as short
Aevo TAO-PERP+0.0104%1h306.36+0.221%$168K$9983xas long as short
Katana Perps TAO-USD+0.0112%8h305.28−0.134%$3K$434K5xas long as short
Aster TAOUSDT+0.0147%4h305.82+0.043%$1.1M$7.5M50xas long as short
Paradex TAO-USD-PERP+0.0163%8h305.79+0.033%$14K$1K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h306.18+0.160%$437K100xas long as short
Phoenix TAO+0.0234%1h308.30+0.854%$327K$462K5xas long as short
Nado TAO-PERP+0.0298%1h306.58+0.293%$840K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h306.14+0.147%$4.2M$9.4M100xas long as short
01 Exchange TAOUSD+0.0520%1h305.57−0.039%$3K$4K5xas long as short
Reya TAORUSDPERP+0.0694%1h306.32+0.205%$35220xas long as short
Extended TAO-USD+0.0696%1h305.57−0.040%$901K$2.0M25xas long as short
Lighter TAO+0.0928%1h306.17+0.157%$1.6M$4.8M5xas long as short
Coinbase International TAO-PERP-INTX+0.0960%1h307.34+0.540%$1.5M$5.3M50xas long as short
Kraken Futures PF_TAOUSD+0.1029%1h306.40+0.233%$6.3M$19.5M50xas long as short
RISEx TAO/USDC+0.1053%1h305.60−0.028%$409K$535K5xas long as short
Backpack TAO_USDC_PERP+0.1262%1h305.88+0.062%$442K$712K10xas long as short
Hyperliquid TAO+0.1709%1h306.51+0.268%$93.7M$75.8M5xas long as short
Injective TAO/USDC PERP+0.4876%1h305.96+0.088%$22K$17112xas long as short