Funding you earn now, next payment 03:00 UTC−0.0304%/8h= −33.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.080%
Price spread now: Pacifica against 01 Exchange−0.317%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Pacifica is 0.317% cheaper against 01 Exchange than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | 01 Exchange TAOUSD | 320.00 | 0.0752 | pay 0.0094% / 1h | 41m 43s | $3K | $4K | 5x |
| Short | Pacifica TAO | 318.99 | 0.0448 | get 0.0056% / 1h | 41m 43s | $376K | $396K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against 01 Exchange. 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
- −$63.86
- Price spread: −0.317% → 0.000%
- −$31.69
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$110.54
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Pacifica: live order book, 22 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 22 min ago | 3.77 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
01 Exchange: 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 | −0.3652% | 1h | 316.49 | −1.097% | $168K | $1K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 318.47 | −0.478% | $127K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 319.02 | −0.306% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.69 | −0.097% | $45K | $653K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.98 | −0.319% | $92.4M | $470.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.10 | −0.281% | $26.3M | $116.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.90 | −0.344% | $13.0M | $49.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 319.12 | −0.275% | $106.2M | $139.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.00 | −0.313% | $18.0M | $30.8M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.42 | −0.494% | $35.5M | $53.8M | 50x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 317.72 | −0.711% | $36K | $302K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.23 | −0.241% | $76K | $759K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 319.35 | −0.203% | $58K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 319.07 | −0.291% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.59 | −0.128% | $130K | $478K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.97 | −0.322% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 319.47 | −0.166% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 319.55 | −0.141% | $1K | $752K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0163% / S +0.0106% | 1h | 318.95 | −0.328% | $434K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0206% | 4h | 316.82 | −0.993% | $523K | $955K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0246% | 1h | 319.37 | −0.198% | $5.6M | $20.5M | 50x | as long as short |
| Bullet TAO-USD | +0.0286% | 1h | 319.37 | −0.197% | $12K | $18K | 20x | as long as short |
| Aster TAOUSDT | +0.0322% | 4h | 318.90 | −0.344% | $1.2M | $9.3M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0331% | 8h | 318.95 | −0.329% | $14K | $1K | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 318.53 | −0.459% | $4.5M | $10.4M | 100x | as long as short |
| Pacifica TAOshort | +0.0448% | 1h | 318.99 | −0.317% | $376K | $396K | 10x | |
| Phoenix TAO | +0.0504% | 1h | 318.30 | −0.531% | $333K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 319.41 | −0.184% | $101K | $489K | 5x | as long as short |
| Nado TAO-PERP | +0.0525% | 1h | 319.58 | −0.130% | $770K | $2.1M | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0535% | 1h | 319.27 | −0.228% | $18K | $1.6M | 25x | as long as short |
| BingX TAO-USDT | +0.0642% | 4h | 319.14 | −0.269% | — | $30.3M | — | as long as short |
| Bybit TAOUSDT | +0.0658% | 4h | 319.31 | −0.216% | $68.1M | $139.8M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 319.26 | −0.232% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSDlong | +0.0752% | 1h | 320.00 | long leg | $3K | $4K | 5x | |
| Variational Omni TAO | +0.0885% | 4h | 316.62 | −1.056% | $5.9M | $9.7M | — | as long as short |
| Extended TAO-USD | +0.0920% | 1h | 318.97 | −0.322% | $921K | $2.3M | 25x | as long as short |
| Lighter TAO | +0.0960% | 1h | 319.19 | −0.254% | $1.6M | $6.3M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0960% | 1h | 319.59 | −0.128% | $439K | $860K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0992% | 1h | 317.14 | −0.894% | $47K | $254K | 50x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 320.00 | 0.000% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 319.34 | −0.207% | $453K | $627K | 5x | as long as short |
| Hyperliquid TAO | +0.1386% | 1h | 319.19 | −0.253% | $100.2M | $98.8M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 319.69 | −0.097% | $23K | $2K | 12x | as long as short |
01 Exchange TAOUSD
Pacifica TAO
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Bullet TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
BloFin TAO-USDT
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
BingX TAO-USDT
Bybit TAOUSDT
Variational Omni TAO
Extended TAO-USD
Lighter TAO
Backpack TAO_USDC_PERP
ApeX Omni TAOUSDT
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP