Funding you earn now, next payment 23:00 UTC+0.0668%/8h= +73.2% APRnext payment +$0.84 per $10,000 · paid last 24h +0.020%
Price spread now: Extended against Pacifica+0.003%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.003%, 7d avg −0.054%
=Together, before fees−0.070%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Extended is 0.056% dearer against Pacifica than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.054%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.84 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 | 303.59 | 0.0164 | pay 0.0020% / 1h | 42m 37s | $358K | $370K | 10x |
| Short | Extended TAO-USD | 303.60 | 0.0832 | get 0.0104% / 1h | 42m 37s | $835K | $2.0M | 25x |
Pacifica TAO
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $140.38
- Price spread: +0.003% → −0.054%
- $5.64
- Slippage, 4 orders
- −$16.83
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $116.19
- Costs to cover
- 0.298%
- Break-even
- 1.2 days
Slippage from Pacifica: live order book, 41 min ago; Extended: live order book, 1 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, 41 min ago | 1.63 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 2.47 bp | 5.3 bp −$5 | 8.7 bp −$87 | 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 | −0.0466% | 1h | 307.38 | +1.248% | $202K | $17K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 303.37 | −0.074% | $124K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0007% | 1h | 303.42 | −0.056% | $26K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 303.68 | +0.029% | $43K | $534K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 303.57 | −0.007% | $85.0M | $410.4M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 303.71 | +0.039% | $58.8M | $120.7M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 303.50 | −0.030% | $24.4M | $94.5M | 50x | as long as short |
| Arcus TAO-USD | +0.0100% | 1h | 303.87 | +0.092% | $79K | $642K | 5x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 303.40 | −0.063% | $12.1M | $48.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 303.68 | +0.029% | $110.3M | $124.6M | 300x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Arcus TAO-USD
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 303.33 | −0.086% | $18.4M | $26.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 303.42 | −0.057% | $33.9M | $45.7M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 303.68 | +0.029% | — | $30.3M | — | as long as short |
| Variational Omni TAO | +0.0100% | 4h | 303.72 | +0.041% | $3.6M | $6.6M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 303.61 | +0.006% | $39K | $279K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 303.82 | +0.075% | $502K | $967K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 303.67 | +0.026% | $77K | $604K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 303.58 | −0.004% | $11K | $18K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 303.52 | −0.024% | $58K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 303.45 | −0.047% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 304.23 | +0.210% | $122K | $360K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 303.68 | +0.029% | $3.2M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 303.73 | +0.046% | $167K | $998 | 3x | as long as short |
| Aster TAOUSDT | +0.0106% | 4h | 303.54 | −0.017% | $1.1M | $7.7M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0111% | 8h | 303.65 | +0.019% | $622 | $485K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0123% | 1h | 303.59 | −0.002% | $20K | $1.4M | 25x | as long as short |
| Paradex TAO-USD-PERP | +0.0151% | 8h | 303.62 | +0.009% | $14K | $1K | 10x | as long as short |
| Pacifica TAOlong | +0.0164% | 1h | 303.59 | long leg | $358K | $370K | 10x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0069% | 1h | 303.38 | −0.071% | $434K | — | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0211% | 1h | 303.28 | −0.103% | $46K | $269K | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 303.55 | −0.014% | $4.3M | $9.3M | 100x | as long as short |
| Lighter TAO | +0.0384% | 1h | 303.60 | +0.003% | $1.6M | $5.3M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0392% | 1h | 303.81 | +0.072% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0394% | 1h | 303.59 | −0.001% | $378K | $757K | 10x | as long as short |
| Nado TAO-PERP | +0.0410% | 1h | 303.48 | −0.036% | $826K | $1.9M | 10x | as long as short |
| Phoenix TAO | +0.0521% | 1h | 303.90 | +0.102% | $322K | $491K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 303.57 | −0.006% | $349 | — | 20x | as long as short |
| Extended TAO-USDshort | +0.0832% | 1h | 303.60 | +0.003% | $835K | $2.0M | 25x | |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 305.27 | +0.553% | $1.5M | $5.6M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1041% | 1h | 303.48 | −0.035% | $5.8M | $19.6M | 50x | as long as short |
| RISEx TAO/USDC | +0.1155% | 1h | 303.88 | +0.094% | $409K | $545K | 5x | as long as short |
| Hyperliquid TAO | +0.1198% | 1h | 303.91 | +0.105% | $92.7M | $79.9M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.1621% | 1h | 308.73 | +1.692% | $22K | $264 | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
Variational Omni TAO
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Aster TAOUSDT
Katana Perps TAO-USD
Deribit TAO_USDC-PERPETUAL
Paradex TAO-USD-PERP
GMX TAO/USD [WBTC.b-USDC]
ApeX Omni TAOUSDT
BloFin TAO-USDT
Lighter TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Nado TAO-PERP
Phoenix TAO
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP