Funding you earn now, next payment 03:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.004%
Price spread now: Pacifica against Orderly+0.277%7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 3 days (all we have)−0.341%−$34 · spread now +0.277%, 7d avg −0.001%
=Together, before fees−0.196%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Pacifica is 0.278% dearer against Orderly than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.001%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.6% 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 | Orderly PERP_TAO_USDC | 317.29 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $58K | $282K | 10x |
| Short | Pacifica TAO | 318.17 | 0.0448 | get 0.0056% / 1h | 53m 40s | $376K | $393K | 10x |
Orderly PERP_TAO_USDC
Pacifica TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Orderly. 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
- $73.06
- Price spread: +0.277% → −0.001%
- $27.83
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $86.89
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 10 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 10 min ago | 3.77 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 42 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 | −0.2257% | 1h | 317.17 | −0.038% | $168K | $40K | 10x | as long as short |
| ApeX Omni TAOUSDT | −0.0750% | 1h | 314.06 | −1.018% | $47K | $253K | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 317.56 | +0.085% | $127K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 317.09 | −0.062% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.49 | +0.063% | $45K | $646K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.48 | +0.059% | $91.8M | $467.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.50 | +0.066% | $26.2M | $115.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.20 | −0.028% | $13.0M | $49.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 317.60 | +0.098% | $104.7M | $137.6M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.38 | +0.028% | $18.2M | $30.7M | 75x | as long as short |
Bulk TAO-USD
ApeX Omni TAOUSDT
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTMShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 317.21 | −0.025% | $35.4M | $53.5M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.73 | −0.806% | $35K | $300K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.40 | +0.035% | $79K | $729K | 5x | as long as short |
| Orderly PERP_TAO_USDClong | +0.0100% | 4h | 317.29 | long leg | $58K | $282K | 10x | |
| SunX TAO-USDT | +0.0100% | 4h | 317.22 | −0.022% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.96 | +0.211% | $130K | $475K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.15 | −0.044% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.73 | +0.140% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 317.62 | +0.104% | $675 | $732K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0165% / S +0.0104% | 1h | 317.07 | −0.069% | $431K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0190% | 4h | 316.25 | −0.327% | $526K | $946K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0247% | 1h | 317.28 | −0.004% | $5.6M | $20.5M | 50x | as long as short |
| Aster TAOUSDT | +0.0292% | 4h | 317.23 | −0.017% | $1.2M | $9.3M | 50x | as long as short |
| Bullet TAO-USD | +0.0330% | 1h | 317.45 | +0.050% | $12K | $18K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0350% | 8h | 317.99 | +0.221% | $14K | $1K | 10x | as long as short |
| Pacifica TAOshort | +0.0448% | 1h | 318.17 | +0.277% | $376K | $393K | 10x | |
| Deribit TAO_USDC-PERPETUAL | +0.0458% | 1h | 317.32 | +0.009% | $14K | $1.6M | 25x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 318.13 | +0.265% | $100K | $489K | 5x | as long as short |
| Nado TAO-PERP | +0.0545% | 1h | 317.66 | +0.116% | $765K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 316.10 | −0.375% | $332K | $707K | 5x | as long as short |
| BingX TAO-USDT | +0.0686% | 4h | 317.54 | +0.079% | — | $30.3M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 317.35 | +0.018% | $365 | — | 20x | as long as short |
| Bybit TAOUSDT | +0.0737% | 4h | 317.65 | +0.113% | $67.4M | $138.5M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0744% | 1h | 318.15 | +0.271% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0865% | 4h | 319.02 | +0.546% | $6.0M | $9.6M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0867% | 1h | 317.06 | −0.072% | $320K | $802K | 10x | as long as short |
| Extended TAO-USD | +0.0912% | 1h | 317.45 | +0.050% | $900K | $2.3M | 25x | as long as short |
| Lighter TAO | +0.1008% | 1h | 317.73 | +0.139% | $1.6M | $6.1M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 319.28 | +0.627% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 317.79 | +0.156% | $450K | $626K | 5x | as long as short |
| Hyperliquid TAO | +0.1442% | 1h | 317.93 | +0.200% | $100.6M | $98.1M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 320.94 | +1.150% | $23K | $2K | 12x | as long as short |
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Aster TAOUSDT
Bullet TAO-USD
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
Arcus TAO-USD
Nado TAO-PERP
Phoenix TAO
BingX TAO-USDT
Reya TAORUSDPERP
Bybit TAOUSDT
01 Exchange TAOUSD
Variational Omni TAO
Backpack TAO_USDC_PERP
Extended TAO-USD
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP