TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0491%/8h= −53.8% APRnext payment −$0.61 per $10,000 · paid last 24h −0.175%

Price spread now: Pacifica against RISEx−0.111%7-day average −0.012% · you buy dearer than you sell

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

Long on RISEx Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.496%−$50 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.111%, 7d avg −0.012%

Together, before fees−0.464%+ Points / potential airdropPacifica: Active · farm board−$46 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Pacifica is 0.099% cheaper against RISEx than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.012%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TAO/USDC	316.76	0.0840	pay 0.0105% / 1h	52m 15s	$449K	$668K	5x
Short	Pacifica TAO	316.41	0.0349	get 0.0044% / 1h	52m 15s	$371K	$454K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against RISEx. 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 RISExbpFee PacificabpOrdersPrice spread, now −0.111%Rate

Funding earned: −$103.1
Price spread: −0.111% → −0.012%: −$9.87
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$126.97
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 46 min ago; Pacifica: live order book, 46 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 RISEx live order book, 46 min ago	2.68 bp	5.7 bp −$6	30.5 bp −$305	doesn't fit	doesn't fit
Sell Pacifica live order book, 46 min ago	3.47 bp	doesn't fit	doesn't fit	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	315.63	−0.357%	$22K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	316.82	+0.017%	$49K	$718K	20x	as long as short
Katana Perps TAO-USD	+0.0100%	8h	316.63	−0.043%	$1K	$1.2M	5x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	316.30	−0.147%	$26.4M	$130.7M	50x	as long as short
Bulk TAO-USD	+0.0100%	1h	317.09	+0.103%	$168K	$0	10x	as long as short
Gate TAO_USDT	+0.0100%	4h	316.30	−0.147%	$14.8M	$49.0M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	316.61	−0.049%	$17.8M	$32.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	315.94	−0.260%	$35.6M	$57.7M	50x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	316.18	−0.184%	$541K	$887K	10x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	316.37	−0.125%	$87K	$1.2M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	315.89	−0.276%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	316.14	−0.197%	$116K	$589K	20x	as long as short
ApeX Omni TAOUSDT	+0.0101%	1h	315.82	−0.298%	$45K	$259K	50x	as long as short
Aevo TAO-PERP	+0.0120%	1h	316.30	−0.148%	$174K	$998	3x	as long as short
dYdX TAO-USD	+0.0122%	1h	316.17	−0.188%	$127K	$86K	5x	as long as short
MEXC TAO_USDT	+0.0164%	4h	316.57	−0.062%	$104.0M	$151.3M	300x	as long as short
Binance TAOUSDT	+0.0166%	4h	316.31	−0.143%	$92.5M	$531.6M	75x	as long as short
edgeX TAOUSDC	+0.0172%	4h	315.95	−0.259%	$42K	$320K	10x	as long as short
BingX TAO-USDT	+0.0176%	4h	316.52	−0.077%	—	$37.3M	—	as long as short
Orderly PERP_TAO_USDC	+0.0197%	4h	316.26	−0.159%	$54K	$299K	10x	as long as short
Paradex TAO-USD-PERP	+0.0251%	8h	316.31	−0.143%	$14K	$876	10x	as long as short
Bullet TAO-USD	+0.0293%	1h	316.58	−0.059%	$12K	$17K	20x	as long as short
Aster TAOUSDT	+0.0323%	4h	316.19	−0.182%	$1.3M	$11.1M	50x	as long as short
Pacifica TAOshort	+0.0349%	1h	316.41	−0.111%	$371K	$454K	10x
GMX TAO/USD [WBTC.b-USDC]	L +0.0366% / S −0.0107%	1h	316.21	−0.175%	$372K	—	100x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0373%	1h	316.13	−0.202%	$15K	$1.9M	25x	as long as short
Extended TAO-USD	+0.0384%	1h	316.07	−0.220%	$899K	$2.4M	25x	as long as short
Arcus TAO-USD	+0.0404%	1h	316.83	+0.021%	$100K	$377K	5x	as long as short
BloFin TAO-USDT	+0.0405%	4h	316.62	−0.046%	$4.8M	$10.9M	100x	as long as short
Nado TAO-PERP	+0.0564%	1h	316.82	+0.017%	$777K	$2.0M	10x	as long as short
Hyperliquid TAO	+0.0570%	1h	316.77	+0.003%	$93.7M	$109.5M	5x	as long as short
Phoenix TAO	+0.0578%	1h	318.30	+0.485%	$320K	$714K	5x	as long as short
Variational Omni TAO	+0.0589%	4h	316.63	−0.042%	$5.6M	$10.1M	—	as long as short
Lighter TAO	+0.0648%	1h	316.39	−0.119%	$1.6M	$6.6M	5x	as long as short
01 Exchange TAOUSD	+0.0648%	1h	317.15	+0.122%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	316.52	−0.077%	$364	—	20x	as long as short
Kraken Futures PF_TAOUSD	+0.0787%	1h	316.21	−0.175%	$5.9M	$21.3M	50x	as long as short
Backpack TAO_USDC_PERP	+0.0829%	1h	316.77	+0.002%	$317K	$1.0M	10x	as long as short
RISEx TAO/USDClong	+0.0840%	1h	316.76	long leg	$449K	$668K	5x
Bybit TAOUSDT	+0.0881%	4h	316.38	−0.122%	$69.6M	$156.3M	50x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	317.34	+0.182%	$1.2M	$7.3M	50x	as long as short
Phemex TAOUSDT	+0.1184%	4h	316.33	−0.137%	$3.2M	$8.2M	50x	as long as short
Injective TAO/USDC PERP	+0.3512%	1h	321.91	+1.624%	$23K	$2K	12x	as long as short