TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1138%/8h= +124.6% APRnext payment +$1.42 per $10,000 · paid last 24h +0.098%

Price spread now: RISEx against Pacifica−0.132%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on Pacifica Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.418%+$42 on $10k

Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.132%, 7d avg +0.011%

Together, before fees+0.650%+ Points / potential airdropPacifica: Active · farm board+$65 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.144% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of +0.011%). If the spread goes back, that is −$14 on $10k: about 10 hours of funding at the current rate (+$34 a day). At the pace of the last 3 days (+0.418% in total) that is about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TAO	314.48	0.0100	pay 0.0013% / 1h	47m 12s	$372K	$372K	10x
Short	RISEx TAO/USDC	314.06	0.1238	get 0.0155% / 1h	47m 12s	$432K	$536K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.132%Rate

Funding earned: $238.9
Price spread: −0.132% → +0.011%: −$14.37
Slippage, 4 orders: −$15.6
Fee Pacifica: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $194.93
Costs to cover: 0.296%
Break-even: 1.3 days

Slippage from Pacifica: live order book, 31 min ago; RISEx: live order book, 31 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, 31 min ago	3.43 bp	10.9 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 31 min ago	1.30 bp	4.3 bp −$4	20.6 bp −$206	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	−0.4722%	1h	314.01	−0.149%	$168K	$48K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	314.20	−0.089%	$126K	$88K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	313.04	−0.457%	$21K	—	150x	as long as short
Injective TAO/USDC PERP	+0.0033%	1h	314.39	−0.029%	$23K	$260	12x	as long as short
Popdex TAOUSDT	+0.0096%	1h	313.80	−0.216%	$40K	$549K	20x	as long as short
Pacifica TAOlong	+0.0100%	1h	314.48	long leg	$372K	$372K	10x
Binance TAOUSDT	+0.0100%	4h	313.29	−0.378%	$88.7M	$421.9M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	313.32	−0.369%	$61.4M	$123.4M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	313.20	−0.407%	$25.1M	$100.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	313.20	−0.407%	$12.7M	$49.0M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	313.26	−0.388%	$121.1M	$126.4M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	313.30	−0.375%	$19.0M	$27.6M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	313.13	−0.429%	$35.0M	$46.2M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	313.23	−0.397%	—	$30.2M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	313.65	−0.265%	$41K	$280K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	314.17	−0.097%	$519K	$950K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	313.37	−0.353%	$47K	$269K	50x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	313.20	−0.407%	$60K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	313.18	−0.413%	$1K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	313.88	−0.191%	$128K	$394K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	313.07	−0.448%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	313.37	−0.355%	$172K	$998	3x	as long as short
Katana Perps TAO-USD	+0.0110%	8h	313.91	−0.181%	$2K	$537K	5x	as long as short
Polymarket Perps TAO-USD	+0.0123%	1h	313.86	−0.197%	$77K	$522K	5x	as long as short
Bullet TAO-USD	+0.0145%	1h	313.41	−0.339%	$11K	$17K	20x	as long as short
Variational Omni TAO	+0.0173%	4h	313.59	−0.284%	$3.8M	$6.9M	—	as long as short
Paradex TAO-USD-PERP	+0.0186%	8h	314.25	−0.074%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0186%	1h	314.16	−0.102%	$83K	$626K	5x	as long as short
Aster TAOUSDT	+0.0209%	4h	313.23	−0.398%	$1.1M	$7.8M	50x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0233%	1h	313.11	−0.435%	$24K	$1.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	313.41	−0.340%	$4.3M	$9.7M	100x	as long as short
Kraken Futures PF_TAOUSD	+0.0448%	1h	313.34	−0.362%	$5.8M	$19.8M	50x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0476% / S −0.0175%	1h	313.06	−0.452%	$450K	—	100x	as long as short
Nado TAO-PERP	+0.0506%	1h	313.65	−0.263%	$843K	$2.0M	10x	as long as short
Phoenix TAO	+0.0537%	1h	313.80	−0.216%	$328K	$521K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0575%	1h	313.31	−0.372%	$300K	$798K	10x	as long as short
Reya TAORUSDPERP	+0.0695%	1h	313.47	−0.321%	$360	—	20x	as long as short
01 Exchange TAOUSD	+0.0824%	1h	314.27	−0.067%	$3K	$4K	5x	as long as short
Extended TAO-USD	+0.0848%	1h	313.13	−0.431%	$864K	$2.1M	25x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	314.43	−0.016%	$1.5M	$5.7M	50x	as long as short
RISEx TAO/USDCshort	+0.1238%	1h	314.06	−0.132%	$432K	$536K	5x
Lighter TAO	+0.1504%	1h	313.80	−0.218%	$1.6M	$5.8M	5x	as long as short
Hyperliquid TAO	+0.2149%	1h	313.84	−0.204%	$98.2M	$82.8M	5x	as long as short