TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1458%/8h= +159.6% APRnext payment +$1.82 per $10,000 · paid last 24h +0.659%

Price spread now: Injective against Pacifica+1.587%99s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+3.371%+$337 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Injective is 1.587% dearer against Pacifica than usual: you sell high and buy low: +$159 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TAO	303.91	0.0164	pay 0.0020% / 1h	43m 22s	$359K	$370K	10x
Short	Injective TAO/USDC PERP	308.73	0.1621	get 0.0203% / 1h	43m 22s	$22K	$264	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee InjectivebpOrdersPrice spread, now +1.587%Rate

Funding earned: $306.14
Price spread: +1.587% → 0.000%: $158.67
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $456.8
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Pacifica: live order book, 40 min ago; Injective: no order-book sample. 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, 40 min ago	1.63 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+1.143%	$202K	$17K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	303.67	−0.079%	$124K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	303.42	−0.160%	$26K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	303.96	+0.017%	$43K	$534K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	303.57	−0.110%	$85.0M	$410.4M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	303.72	−0.062%	$58.8M	$120.7M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	303.50	−0.134%	$24.4M	$94.5M	50x	as long as short
Arcus TAO-USD	+0.0100%	1h	304.19	+0.093%	$79K	$642K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	303.60	−0.101%	$12.1M	$48.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	303.76	−0.049%	$110.1M	$124.5M	300x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TAOUSDTM	+0.0100%	4h	303.82	−0.029%	$18.5M	$26.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	303.57	−0.111%	$33.9M	$45.7M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	303.53	−0.124%	—	$30.3M	—	as long as short
Variational Omni TAO	+0.0100%	4h	303.72	−0.063%	$3.6M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	303.61	−0.098%	$39K	$279K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	303.82	−0.029%	$502K	$967K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	303.97	+0.020%	$77K	$605K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	303.58	−0.108%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	303.52	−0.128%	$58K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	303.77	−0.045%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	304.23	+0.106%	$121K	$360K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	304.01	+0.034%	$3.2M	$7.8M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	304.09	+0.061%	$167K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0112%	8h	303.88	−0.009%	$623	$487K	5x	as long as short
Aster TAOUSDT	+0.0112%	4h	303.80	−0.035%	$1.1M	$7.7M	50x	as long as short
Paradex TAO-USD-PERP	+0.0152%	8h	304.04	+0.044%	$14K	$1K	10x	as long as short
Pacifica TAOlong	+0.0164%	1h	303.91	long leg	$359K	$370K	10x
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	303.38	−0.175%	$434K	—	100x	as long as short
ApeX Omni TAOUSDT	+0.0211%	1h	303.28	−0.207%	$46K	$269K	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0334%	1h	304.10	+0.063%	$20K	$1.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	303.29	−0.203%	$4.2M	$9.3M	100x	as long as short
Lighter TAO	+0.0384%	1h	304.02	+0.037%	$1.6M	$5.3M	5x	as long as short
01 Exchange TAOUSD	+0.0392%	1h	304.21	+0.099%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0396%	1h	304.01	+0.034%	$378K	$757K	10x	as long as short
Nado TAO-PERP	+0.0417%	1h	303.90	−0.002%	$827K	$1.9M	10x	as long as short
Phoenix TAO	+0.0521%	1h	303.90	−0.003%	$322K	$491K	5x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	303.71	−0.066%	$349	—	20x	as long as short
Extended TAO-USD	+0.0832%	1h	303.94	+0.009%	$835K	$2.0M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	305.27	+0.448%	$1.5M	$5.6M	50x	as long as short
Kraken Futures PF_TAOUSD	+0.1039%	1h	303.95	+0.015%	$5.8M	$19.7M	50x	as long as short
RISEx TAO/USDC	+0.1155%	1h	304.20	+0.096%	$410K	$545K	5x	as long as short
Hyperliquid TAO	+0.1212%	1h	304.15	+0.080%	$92.7M	$79.9M	5x	as long as short
Injective TAO/USDC PERPshort	+0.1621%	1h	308.73	+1.587%	$22K	$264	12x