Funding you earn now, next payment 09:00 UTC+0.0213%/8h= +23.3% APRpaid last 24h +0.018%
Price spread now: Pacifica against Binance−0.025%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.025%, 7d avg +0.008%
=Together, before fees+0.121%+ Points / potential airdropPacifica: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.008%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.071% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TAOUSDT | 313.74 | 0.0136 | pay 0.0068% / 4h | 3h 26m | $91.6M | $524.5M | 75x |
| Short | Pacifica TAO | 313.66 | 0.0349 | get 0.0044% / 1h | 26m 33s | $362K | $445K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Binance. 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
- $44.63
- Price spread: −0.025% → +0.008%
- −$3.29
- Slippage, 4 orders
- −$14.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $9.18
- Costs to cover
- 0.322%
- Break-even
- 5.6 days
Slippage from Binance: live order book, 2 min ago; Pacifica: live order book, 7 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 Binance live order book, 2 min ago | 0.16 bp | 7.6 bp −$8 | 15.2 bp −$152 | 39.9 bp −$3,988 | doesn't fit |
| Sell Pacifica live order book, 7 min ago | 1.75 bp | 9.4 bp −$9 | 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 −0.0003% | 1h | 313.11 | −0.202% | $19K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.72 | −0.007% | $49K | $699K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 313.71 | −0.010% | $68.5M | $155.2M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.60 | −0.046% | $26.1M | $128.2M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 315.14 | +0.445% | $167K | $0 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.30 | −0.141% | $14.9M | $49.7M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.61 | −0.042% | $17.4M | $32.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.25 | −0.157% | $35.3M | $56.8M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 312.50 | −0.395% | $535K | $833K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.73 | −0.323% | $45K | $255K | 50x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 313.46 | −0.090% | $86K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.66 | −0.026% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.36 | −0.122% | $115K | $587K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 313.82 | +0.025% | $3.1M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USD | +0.0101% | 8h | 313.51 | −0.074% | $1K | $1.2M | 5x | as long as short |
| Aevo TAO-PERP | +0.0112% | 1h | 312.50 | −0.396% | $172K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0136% | 4h | 313.67 | −0.023% | $105.6M | $152.6M | 300x | as long as short |
| BingX TAO-USDT | +0.0136% | 4h | 313.51 | −0.074% | — | $38.7M | — | as long as short |
| Binance TAOUSDTlong | +0.0136% | 4h | 313.74 | long leg | $91.6M | $524.5M | 75x | |
| edgeX TAOUSDC | +0.0140% | 4h | 312.92 | −0.264% | $41K | $322K | 10x | as long as short |
| dYdX TAO-USD | +0.0187% | 1h | 313.47 | −0.087% | $126K | $86K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0219% | 4h | 313.82 | +0.025% | $53K | $298K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0232% | 8h | 313.69 | −0.017% | $14K | $876 | 10x | as long as short |
| Bullet TAO-USD | +0.0253% | 1h | 313.91 | +0.053% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0303% | 4h | 313.68 | −0.020% | $1.2M | $11.1M | 50x | as long as short |
| Pacifica TAOshort | +0.0349% | 1h | 313.66 | −0.025% | $362K | $445K | 10x | |
| Extended TAO-USD | +0.0352% | 1h | 313.39 | −0.114% | $887K | $2.3M | 25x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0359% / S −0.0107% | 1h | 313.47 | −0.086% | $368K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0376% | 4h | 313.84 | +0.031% | $4.8M | $10.7M | 100x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 313.80 | +0.018% | $99K | $360K | 5x | as long as short |
| Hyperliquid TAO | +0.0477% | 1h | 313.73 | −0.004% | $91.9M | $109.4M | 5x | as long as short |
| Nado TAO-PERP | +0.0489% | 1h | 313.73 | −0.003% | $758K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 313.60 | −0.046% | $315K | $714K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0584% | 1h | 314.01 | +0.085% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0593% | 4h | 312.65 | −0.347% | $5.5M | $10.1M | — | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0603% | 1h | 313.78 | +0.010% | $11K | $1.9M | 25x | as long as short |
| Lighter TAO | +0.0640% | 1h | 313.84 | +0.030% | $1.6M | $6.7M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0683% | 1h | 313.93 | +0.060% | $309K | $1.0M | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 313.69 | −0.018% | $361 | — | 20x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0793% | 1h | 313.88 | +0.043% | $6.0M | $21.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 313.49 | −0.081% | $446K | $688K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 314.22 | +0.152% | $1.1M | $7.2M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 318.23 | +1.430% | $23K | $2K | 12x | as long as short |
Binance TAOUSDT
Pacifica TAO
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Katana Perps TAO-USD
MEXC TAO_USDT
BingX TAO-USDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Bullet TAO-USD
Aster TAOUSDT
Extended TAO-USD
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Hyperliquid TAO
Phoenix TAO
01 Exchange TAOUSD
Variational Omni TAO
Deribit TAO_USDC-PERPETUAL
Lighter TAO
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP