Funding you earn now, next payment 02:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.005%
Price spread now: Bitget against Pacifica−0.119%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$420.422% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.119%, 7d avg −0.043%
=Together, before fees+0.084%+ Points / potential airdropPacifica: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.076% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% 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 | Pacifica TAO | 311.76 | 0.0285 | pay 0.0036% / 1h | 31m 33s | $368K | $381K | 10x |
| Short | Bitget TAOUSDT | 311.39 | 0.0100 | get 0.0050% / 4h | 2h 31m | $34.7M | $53.2M | 50x |
Pacifica TAO
Bitget TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Pacifica. 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
- −$38.91
- Price spread: −0.119% → −0.043%
- −$7.59
- Slippage, 4 orders
- −$22.2
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.7
- Costs to cover
- 0.422%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 37 min ago; Bitget: live order book, 2 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 Pacifica live order book, 37 min ago | 3.00 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.13 bp | 12.0 bp −$12 | 23.9 bp −$239 | 50.1 bp −$5,007 | doesn't fit |
TAO on 42 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 | 311.32 | −0.141% | $124K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 311.02 | −0.237% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 311.87 | +0.035% | $38K | $622K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 311.78 | +0.008% | $89.5M | $462.3M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 311.70 | −0.019% | $25.6M | $110.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 311.40 | −0.116% | $12.7M | $50.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 311.57 | −0.061% | $107.0M | $138.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 311.52 | −0.077% | $17.9M | $30.0M | 75x | as long as short |
| Bitget TAOUSDTshort | +0.0100% | 4h | 311.39 | −0.119% | $34.7M | $53.2M | 50x | |
| edgeX TAOUSDC | +0.0100% | 4h | 308.62 | −1.009% | $34K | $299K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
edgeX TAOUSDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 310.29 | −0.473% | $511K | $966K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 308.66 | −0.994% | $46K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 311.51 | −0.080% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 310.29 | −0.472% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 311.11 | −0.209% | $128K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 311.12 | −0.205% | $171K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0122% | 8h | 311.76 | 0.000% | $1K | $692K | 5x | as long as short |
| Polymarket Perps TAO-USD | +0.0144% | 1h | 310.73 | −0.330% | $82K | $659K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0169% / S +0.0092% | 1h | 311.00 | −0.242% | $432K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0169% | 1h | 311.61 | −0.048% | $5.5M | $20.4M | 50x | as long as short |
| Phemex TAOUSDT | +0.0174% | 4h | 311.13 | −0.202% | $3.4M | $8.0M | 50x | as long as short |
| Aster TAOUSDT | +0.0201% | 4h | 311.80 | +0.013% | $1.3M | $9.3M | 50x | as long as short |
| Bullet TAO-USD | +0.0210% | 1h | 311.40 | −0.117% | $12K | $17K | 20x | as long as short |
| Pacifica TAOlong | +0.0285% | 1h | 311.76 | long leg | $368K | $381K | 10x | |
| Paradex TAO-USD-PERP | +0.0302% | 8h | 311.61 | −0.048% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 311.89 | +0.042% | $98K | $562K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 312.28 | +0.167% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0550% | 1h | 311.01 | −0.239% | $761K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 309.20 | −0.821% | $323K | $681K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0600% | 1h | 311.65 | −0.037% | $24K | $1.5M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0640% | 1h | 312.17 | +0.131% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 310.94 | −0.262% | $358 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0708% | 4h | 311.68 | −0.026% | — | $31.0M | — | as long as short |
| Variational Omni TAO | +0.0748% | 4h | 309.04 | −0.874% | $5.3M | $8.9M | — | as long as short |
| Bybit TAOUSDT | +0.0761% | 4h | 311.99 | +0.074% | $64.7M | $136.8M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0853% | 1h | 312.28 | +0.167% | $316K | $814K | 10x | as long as short |
| Extended TAO-USD | +0.0904% | 1h | 311.65 | −0.036% | $893K | $2.3M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 312.15 | +0.125% | $1.5M | $6.4M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 311.70 | −0.018% | $445K | $621K | 5x | as long as short |
| Hyperliquid TAO | +0.1200% | 1h | 311.97 | +0.068% | $98.3M | $94.3M | 5x | as long as short |
| Lighter TAO | +0.1416% | 1h | 311.79 | +0.011% | $1.6M | $6.0M | 5x | as long as short |
| Bulk TAO-USD | +0.4286% | 1h | 309.11 | −0.851% | $164K | $40K | 10x | as long as short |
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Polymarket Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Phemex TAOUSDT
Aster TAOUSDT
Bullet TAO-USD
Paradex TAO-USD-PERP
Arcus TAO-USD
Injective TAO/USDC PERP
Nado TAO-PERP
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Variational Omni TAO
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD