Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0355%/8h= +38.8% APRpaid last 24h +0.013%
Price spread now: Pacifica against MEXC−0.095%45s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.095%, 7d avg +0.008%
Together, before fees+0.151%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.103% cheaper against MEXC than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.008%). If the spread goes back, that is −$10 on $10k: about 23 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.081% in total) that is about 8.9 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TAO_USDT319.610.0170pay 0.0085% / 4h1h 27m$105.7M$150.1M300x
ShortPacifica TAO319.310.0525get 0.0066% / 1h27m 57s$363K$423K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. 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

Funding earned
$74.49
Price spread: −0.095% → +0.008%
−$10.29
Slippage, 4 orders
−$15.99
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$40.21
Costs to cover
0.240%
Break-even
3.2 days
Slippage from MEXC: live order book, 1 min ago; Pacifica: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago1.57 bp2.7 bp −$311.0 bp −$11026.8 bp −$2,68187.5 bp −$43.7K
Sell Pacifica live order book, 16 min ago2.97 bp11.1 bp −$11doesn't fitdoesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk TAO-USD−0.1995%1h319.47−0.044%$170K$33310xas long as short
dYdX TAO-USD0.0000%1h319.13−0.150%$127K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0005%1h319.02−0.185%$22K150xas long as short
Popdex TAOUSDT+0.0096%1h319.13−0.150%$42K$705K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h319.60−0.003%$26.7M$129.8M50xas long as short
Gate TAO_USDT+0.0100%4h319.20−0.128%$14.3M$52.0M50xas long as short
KuCoin TAOUSDTM+0.0100%4h319.51−0.031%$17.9M$32.1M75xas long as short
Bitget TAOUSDT+0.0100%4h319.43−0.056%$35.9M$58.4M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h320.35+0.232%$45K$259K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h319.06−0.172%$91K$1.2M5xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TAO-USDT+0.0100%4h319.13−0.150%$1K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h318.75−0.269%$118K$590K20xas long as short
Katana Perps TAO-USD+0.0109%8h319.00−0.191%$1K$1.0M5xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0118% / S +0.0149%1h318.95−0.206%$426K100xas long as short
Aevo TAO-PERP+0.0120%1h319.41−0.061%$175K$9983xas long as short
Orderly PERP_TAO_USDC+0.0121%4h319.26−0.110%$53K$292K10xas long as short
edgeX TAOUSDC+0.0165%4h319.82+0.064%$42K$318K10xas long as short
MEXC TAO_USDTlong+0.0170%4h319.61long leg$105.7M$150.1M300x
Binance TAOUSDT+0.0172%4h319.71+0.031%$92.6M$529.1M75xas long as short
Paradex TAO-USD-PERP+0.0264%8h319.14−0.146%$14K$1K10xas long as short
Phemex TAOUSDT+0.0295%4h319.54−0.022%$3.3M$8.1M50xas long as short
Aster TAOUSDT+0.0334%4h319.53−0.025%$1.3M$10.9M50xas long as short
Bybit TAOUSDT+0.0334%4h319.70+0.028%$70.0M$156.1M50xas long as short
BingX TAO-USDT+0.0345%4h319.63+0.006%$34.5Mas long as short
Bullet TAO-USD+0.0387%1h319.39−0.069%$12K$17K20xas long as short
GRVT TAO_USDT_Perp+0.0396%4h319.57−0.011%$544K$940K10xas long as short
BloFin TAO-USDT+0.0410%4h319.36−0.078%$4.7M$11.1M100xas long as short
Extended TAO-USD+0.0456%1h319.60−0.003%$911K$2.4M25xas long as short
Pacifica TAOshort+0.0525%1h319.31−0.095%$363K$423K10x
Variational Omni TAO+0.0541%4h320.05+0.137%$5.7M$10.2Mas long as short
Nado TAO-PERP+0.0556%1h319.13−0.151%$794K$2.0M10xas long as short
Phoenix TAO+0.0567%1h319.20−0.128%$318K$709K5xas long as short
01 Exchange TAOUSD+0.0632%1h319.41−0.063%$3K$4K5xas long as short
Hyperliquid TAO+0.0633%1h319.56−0.016%$94.4M$110.3M5xas long as short
Arcus TAO-USD+0.0641%1h319.56−0.016%$103K$394K5xas long as short
Reya TAORUSDPERP+0.0698%1h319.25−0.114%$36720xas long as short
Backpack TAO_USDC_PERP+0.0706%1h319.43−0.056%$298K$905K10xas long as short
Lighter TAO+0.0728%1h319.53−0.025%$1.5M$6.7M5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0751%1h319.33−0.087%$15K$1.9M25xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h320.68+0.335%$1.5M$6.9M50xas long as short
RISEx TAO/USDC+0.1077%1h319.04−0.178%$457K$666K5xas long as short
Kraken Futures PF_TAOUSD+0.1156%1h319.35−0.082%$5.9M$21.8M50xas long as short
Injective TAO/USDC PERP+0.4723%1h323.44+1.198%$24K$2K12xas long as short