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 − costs—prices read too far apart to compare
costs, in and out, $10k−$240.240% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TAO_USDT | 319.61 | 0.0170 | pay 0.0085% / 4h | 1h 27m | $105.7M | $150.1M | 300x |
| Short | Pacifica TAO | 319.31 | 0.0525 | get 0.0066% / 1h | 27m 57s | $363K | $423K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 1 min ago | 1.57 bp | 2.7 bp −$3 | 11.0 bp −$110 | 26.8 bp −$2,681 | 87.5 bp −$43.7K |
| Sell Pacifica live order book, 16 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 | −0.1995% | 1h | 319.47 | −0.044% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.13 | −0.150% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 319.02 | −0.185% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.13 | −0.150% | $42K | $705K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.60 | −0.003% | $26.7M | $129.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.20 | −0.128% | $14.3M | $52.0M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.51 | −0.031% | $17.9M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.43 | −0.056% | $35.9M | $58.4M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 320.35 | +0.232% | $45K | $259K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 319.06 | −0.172% | $91K | $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 | 319.13 | −0.150% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.75 | −0.269% | $118K | $590K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0109% | 8h | 319.00 | −0.191% | $1K | $1.0M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0118% / S +0.0149% | 1h | 318.95 | −0.206% | $426K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 319.41 | −0.061% | $175K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 319.26 | −0.110% | $53K | $292K | 10x | as long as short |
| edgeX TAOUSDC | +0.0165% | 4h | 319.82 | +0.064% | $42K | $318K | 10x | as long as short |
| MEXC TAO_USDTlong | +0.0170% | 4h | 319.61 | long leg | $105.7M | $150.1M | 300x | |
| Binance TAOUSDT | +0.0172% | 4h | 319.71 | +0.031% | $92.6M | $529.1M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0264% | 8h | 319.14 | −0.146% | $14K | $1K | 10x | as long as short |
| Phemex TAOUSDT | +0.0295% | 4h | 319.54 | −0.022% | $3.3M | $8.1M | 50x | as long as short |
| Aster TAOUSDT | +0.0334% | 4h | 319.53 | −0.025% | $1.3M | $10.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0334% | 4h | 319.70 | +0.028% | $70.0M | $156.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0345% | 4h | 319.63 | +0.006% | — | $34.5M | — | as long as short |
| Bullet TAO-USD | +0.0387% | 1h | 319.39 | −0.069% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0396% | 4h | 319.57 | −0.011% | $544K | $940K | 10x | as long as short |
| BloFin TAO-USDT | +0.0410% | 4h | 319.36 | −0.078% | $4.7M | $11.1M | 100x | as long as short |
| Extended TAO-USD | +0.0456% | 1h | 319.60 | −0.003% | $911K | $2.4M | 25x | as long as short |
| Pacifica TAOshort | +0.0525% | 1h | 319.31 | −0.095% | $363K | $423K | 10x | |
| Variational Omni TAO | +0.0541% | 4h | 320.05 | +0.137% | $5.7M | $10.2M | — | as long as short |
| Nado TAO-PERP | +0.0556% | 1h | 319.13 | −0.151% | $794K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 319.20 | −0.128% | $318K | $709K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0632% | 1h | 319.41 | −0.063% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0633% | 1h | 319.56 | −0.016% | $94.4M | $110.3M | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 319.56 | −0.016% | $103K | $394K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 319.25 | −0.114% | $367 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0706% | 1h | 319.43 | −0.056% | $298K | $905K | 10x | as long as short |
| Lighter TAO | +0.0728% | 1h | 319.53 | −0.025% | $1.5M | $6.7M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0751% | 1h | 319.33 | −0.087% | $15K | $1.9M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 320.68 | +0.335% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 319.04 | −0.178% | $457K | $666K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1156% | 1h | 319.35 | −0.082% | $5.9M | $21.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.44 | +1.198% | $24K | $2K | 12x | as long as short |
MEXC TAO_USDT
Pacifica TAO
Bulk 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-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
edgeX TAOUSDC
Binance TAOUSDT
Paradex TAO-USD-PERP
Phemex TAOUSDT
Aster TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Extended TAO-USD
Variational Omni TAO
Phoenix TAO
01 Exchange TAOUSD
Hyperliquid TAO
Backpack TAO_USDC_PERP
Lighter TAO
Deribit TAO_USDC-PERPETUAL
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP