Funding you earn now, next payment 06:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h −0.008%
Price spread now: dYdX against Pacifica−0.136%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.136%, 7d avg −0.051%
=Together, before fees+0.144%+ Points / potential airdropPacifica: Active · farm board+$14 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 dYdX is 0.085% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.051%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 per $10,000. 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 | 318.27 | 0.0233 | pay 0.0029% / 1h | 17m 33s | $363K | $420K | 10x |
| Short | dYdX TAO-USD | 317.84 | 0.0036 | get 0.0005% / 1h | 17m 33s | $127K | $85K | 5x |
Pacifica TAO
dYdX TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$41.35
- Price spread: −0.136% → −0.051%
- −$8.52
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$67.87
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 31 min ago; dYdX: live order book, 31 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 Pacifica live order book, 31 min ago | 2.55 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 31 min ago | 40.60 bp | 45.6 bp −$46 | 49.0 bp −$490 | 165.2 bp −$16.5K | 1068.5 bp −$534.2K |
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 | −1.423% | $167K | $333 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.80 | +0.168% | $21K | — | 150x | as long as short |
| dYdX TAO-USDshort | +0.0036% | 1h | 317.84 | −0.136% | $127K | $85K | 5x | |
| Binance TAOUSDT | +0.0100% | 4h | 318.36 | +0.029% | $91.4M | $512.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.00 | −0.084% | $26.7M | $125.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.00 | −0.084% | $14.2M | $51.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.68 | +0.129% | $100.7M | $147.7M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.37 | +0.032% | $17.5M | $31.5M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.93 | −0.106% | $35.8M | $57.4M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 318.55 | +0.089% | $42K | $316K | 10x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.90 | −0.116% | $91K | $920K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.75 | +0.151% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.64 | +0.117% | $116K | $564K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.83 | +0.176% | $3.2M | $8.0M | 50x | as long as short |
| Popdex TAOUSDT | +0.0104% | 1h | 318.39 | +0.038% | $53K | $672K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 319.35 | +0.341% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 318.43 | +0.051% | $2K | $942K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0120% | 4h | 319.05 | +0.245% | $53K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0127% / S +0.0141% | 1h | 318.76 | +0.155% | $426K | — | 100x | as long as short |
| Pacifica TAOlong | +0.0233% | 1h | 318.27 | long leg | $363K | $420K | 10x | |
| Aster TAOUSDT | +0.0263% | 4h | 318.55 | +0.088% | $1.3M | $10.7M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0275% | 8h | 318.59 | +0.101% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0277% | 1h | 318.04 | −0.071% | $799K | $2.2M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0298% | 1h | 319.33 | +0.335% | $6.0M | $21.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0332% | 1h | 319.09 | +0.258% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.93 | +0.208% | $4.6M | $11.0M | 100x | as long as short |
| Bybit TAOUSDT | +0.0390% | 4h | 318.22 | −0.015% | $69.4M | $153.5M | 50x | as long as short |
| BingX TAO-USDT | +0.0400% | 4h | 318.35 | +0.025% | — | $33.7M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0448% | 4h | 318.95 | +0.215% | $545K | $935K | 10x | as long as short |
| Variational Omni TAO | +0.0459% | 4h | 318.52 | +0.079% | $5.6M | $10.1M | — | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 318.83 | +0.176% | $103K | $345K | 5x | as long as short |
| Extended TAO-USD | +0.0504% | 1h | 318.36 | +0.030% | $906K | $2.4M | 25x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 316.70 | −0.493% | $315K | $713K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0520% | 1h | 319.52 | +0.393% | $45K | $256K | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0596% | 1h | 319.11 | +0.264% | $15K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 317.90 | −0.115% | $366 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0808% | 1h | 318.56 | +0.091% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0814% | 1h | 318.37 | +0.032% | $93.5M | $109.2M | 5x | as long as short |
| Lighter TAO | +0.0816% | 1h | 318.34 | +0.023% | $1.5M | $6.6M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0845% | 1h | 319.02 | +0.236% | $316K | $890K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 319.49 | +0.384% | $1.5M | $7.0M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 318.44 | +0.052% | $460K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 319.48 | +0.381% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Popdex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
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
Extended TAO-USD
Phoenix TAO
ApeX Omni TAOUSDT
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
01 Exchange TAOUSD
Hyperliquid TAO
Lighter TAO
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP