TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0332%/8h= +36.3% APRnext payment +$0.41 per $10,000 · paid last 24h +0.169%

Price spread now: Reya against Pacifica+0.002%7-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 Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TAO	316.15	0.0365	pay 0.0046% / 1h	45m 16s	$363K	$409K	10x
Short	Reya TAORUSDPERP	316.16	0.0696	get 0.0087% / 1h	45m 16s	$364	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.002%Rate

Funding earned: $69.68
Price spread: +0.002% → 0.000%: $0.23
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $55.91
Costs to cover: 0.140%
Break-even: 1.4 days

Slippage unknown: Pacifica: live order book, 13 min ago; Reya: 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, 13 min ago	3.49 bp	8.9 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0499%	1h	315.15	−0.318%	$167K	$1K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	315.83	−0.102%	$126K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	315.89	−0.083%	$20K	—	150x	as long as short
Kraken Futures PF_TAOUSD	+0.0056%	1h	315.97	−0.059%	$5.6M	$20.6M	50x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.24	+0.027%	$42K	$685K	20x	as long as short
Binance TAOUSDT	+0.0100%	4h	316.02	−0.042%	$91.1M	$489.7M	75x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	315.90	−0.080%	$26.0M	$119.6M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.90	−0.080%	$12.9M	$49.5M	50x	as long as short
MEXC TAO_USDT	+0.0100%	4h	316.25	+0.030%	$105.7M	$142.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	316.02	−0.042%	$17.6M	$31.6M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TAOUSDT	+0.0100%	4h	315.93	−0.071%	$35.3M	$55.8M	50x	as long as short
edgeX TAOUSDC	+0.0100%	4h	315.77	−0.121%	$35K	$304K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	315.84	−0.099%	$46K	$252K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	316.04	−0.036%	$89K	$790K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	316.23	+0.024%	$12K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	316.11	−0.014%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	315.84	−0.099%	$109K	$527K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	315.90	−0.080%	$3.2M	$8.1M	50x	as long as short
Katana Perps TAO-USD	+0.0101%	8h	315.75	−0.128%	$646	$785K	5x	as long as short
Aevo TAO-PERP	+0.0104%	1h	315.92	−0.072%	$173K	$998	3x	as long as short
GRVT TAO_USDT_Perp	+0.0106%	4h	314.83	−0.418%	$524K	$944K	10x	as long as short
Orderly PERP_TAO_USDC	+0.0124%	4h	316.10	−0.017%	$57K	$275K	10x	as long as short
Bybit TAOUSDT	+0.0143%	4h	316.14	−0.004%	$68.8M	$146.4M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0152% / S +0.0116%	1h	315.91	−0.079%	$428K	—	100x	as long as short
BingX TAO-USDT	+0.0184%	4h	316.11	−0.014%	—	$30.1M	—	as long as short
Paradex TAO-USD-PERP	+0.0194%	8h	316.20	+0.014%	$14K	$1K	10x	as long as short
Nado TAO-PERP	+0.0195%	1h	315.99	−0.050%	$808K	$2.2M	10x	as long as short
01 Exchange TAOUSD	+0.0208%	1h	316.32	+0.053%	$3K	$4K	5x	as long as short
Aster TAOUSDT	+0.0224%	4h	316.07	−0.027%	$1.2M	$10.1M	50x	as long as short
Hyperliquid TAO	+0.0254%	1h	316.37	+0.069%	$94.3M	$105.0M	5x	as long as short
Backpack TAO_USDC_PERP	+0.0301%	1h	316.41	+0.081%	$317K	$910K	10x	as long as short
Extended TAO-USD	+0.0328%	1h	315.97	−0.058%	$922K	$2.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	316.23	+0.024%	$4.5M	$10.9M	100x	as long as short
Arcus TAO-USD	+0.0345%	1h	316.41	+0.081%	$100K	$488K	5x	as long as short
Pacifica TAOlong	+0.0365%	1h	316.15	long leg	$363K	$409K	10x
Lighter TAO	+0.0416%	1h	316.27	+0.037%	$1.5M	$6.5M	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0490%	1h	316.14	−0.003%	$11K	$1.6M	25x	as long as short
Phoenix TAO	+0.0581%	1h	316.10	−0.017%	$315K	$697K	5x	as long as short
Variational Omni TAO	+0.0641%	4h	315.94	−0.069%	$5.8M	$9.8M	—	as long as short
Reya TAORUSDPERPshort	+0.0696%	1h	316.16	+0.002%	$364	—	20x
RISEx TAO/USDC	+0.0991%	1h	316.30	+0.046%	$437K	$658K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.1008%	1h	316.38	+0.071%	$1.5M	$6.6M	50x	as long as short
Injective TAO/USDC PERP	+0.4222%	1h	319.61	+1.093%	$23K	$2K	12x	as long as short