Funding you earn now, next payment 07:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.013%
Price spread now: Pacifica against edgeX−0.029%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.029%, 7d avg +0.009%
=Together, before fees−0.120%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.038% cheaper against edgeX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.009%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.080% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% 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 | edgeX TAOUSDC | 317.44 | 0.0185 | pay 0.0093% / 4h | 1h 01m | $42K | $319K | 10x |
| Short | Pacifica TAO | 317.35 | 0.0525 | get 0.0066% / 1h | 1m 33s | $360K | $429K | 10x |
edgeX TAOUSDC
Pacifica TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against edgeX. 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
- $71.31
- Price spread: −0.029% → +0.009%
- −$3.8
- Slippage, 4 orders
- −$20.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $30.42
- Costs to cover
- 0.371%
- Break-even
- 4.0 days
Slippage from edgeX: live order book, 42 min ago; Pacifica: live order book, 42 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 edgeX live order book, 42 min ago | 4.70 bp | 9.2 bp −$9 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 42 min ago | 2.97 bp | 11.1 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0237% | 1h | 320.94 | +1.101% | $171K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 316.74 | −0.223% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 316.52 | −0.292% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.04 | −0.127% | $43K | $707K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.10 | −0.108% | $26.5M | $129.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.00 | −0.140% | $14.3M | $52.5M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.14 | −0.096% | $17.8M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.89 | −0.175% | $35.6M | $58.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.23 | +0.563% | $46K | $260K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.87 | −0.181% | $84K | $1.2M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 316.74 | −0.222% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.66 | −0.247% | $115K | $600K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0108% | 8h | 316.98 | −0.146% | $2K | $1.1M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0112% / S +0.0154% | 1h | 316.57 | −0.275% | $423K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0128% | 1h | 316.94 | −0.159% | $174K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0132% | 4h | 316.75 | −0.219% | $53K | $293K | 10x | as long as short |
| Binance TAOUSDT | +0.0172% | 4h | 317.03 | −0.130% | $92.0M | $528.8M | 75x | as long as short |
| MEXC TAO_USDT | +0.0178% | 4h | 317.24 | −0.064% | $107.1M | $152.0M | 300x | as long as short |
| edgeX TAOUSDClong | +0.0185% | 4h | 317.44 | long leg | $42K | $319K | 10x | |
| Paradex TAO-USD-PERP | +0.0232% | 8h | 317.31 | −0.042% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0253% | 4h | 317.13 | −0.099% | $69.5M | $156.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0256% | 4h | 317.13 | −0.099% | — | $36.7M | — | as long as short |
| Bullet TAO-USD | +0.0300% | 1h | 316.96 | −0.152% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0331% | 4h | 316.90 | −0.172% | $1.3M | $11.0M | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0336% | 4h | 316.65 | −0.252% | $540K | $926K | 10x | as long as short |
| Extended TAO-USD | +0.0344% | 1h | 317.01 | −0.136% | $904K | $2.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0418% | 4h | 317.35 | −0.030% | $4.7M | $11.0M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0505% | 1h | 316.84 | −0.192% | $15K | $2.0M | 25x | as long as short |
| Variational Omni TAO | +0.0514% | 4h | 319.69 | +0.707% | $5.7M | $10.2M | — | as long as short |
| Nado TAO-PERP | +0.0514% | 1h | 317.28 | −0.052% | $786K | $2.0M | 10x | as long as short |
| Pacifica TAOshort | +0.0525% | 1h | 317.35 | −0.029% | $360K | $429K | 10x | |
| Phoenix TAO | +0.0567% | 1h | 318.10 | +0.207% | $317K | $709K | 5x | as long as short |
| Lighter TAO | +0.0568% | 1h | 317.40 | −0.014% | $1.6M | $6.9M | 5x | as long as short |
| Hyperliquid TAO | +0.0582% | 1h | 317.51 | +0.021% | $93.9M | $110.1M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0608% | 1h | 317.17 | −0.086% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 317.44 | −0.001% | $102K | $389K | 5x | as long as short |
| Phemex TAOUSDT | +0.0664% | 4h | 317.01 | −0.137% | $3.2M | $8.2M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0664% | 1h | 316.97 | −0.149% | $295K | $905K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 316.96 | −0.154% | $364 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 317.68 | +0.074% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 317.22 | −0.071% | $437K | $678K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1164% | 1h | 316.98 | −0.145% | $5.9M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.52 | +1.914% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Binance TAOUSDT
MEXC TAO_USDT
Paradex TAO-USD-PERP
Bybit TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
Aster TAOUSDT
GRVT TAO_USDT_Perp
Extended TAO-USD
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Variational Omni TAO
Nado TAO-PERP
Phoenix TAO
Lighter TAO
Hyperliquid TAO
01 Exchange TAOUSD
Arcus TAO-USD
Phemex TAOUSDT
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP