TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: Aevo against Pacifica−0.079%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$339as in the Funding arb table

Net, price: spread back to 7d avg − costs−$348as in the Price arb table

costs, in and out, $10k−$3373.369% of the position

Long on Pacifica Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.079%, 7d avg +0.031%

Together, before fees+0.127%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.110% cheaper against Pacifica than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TAO	310.73	0.0100	pay 0.0013% / 1h	23m 49s	$354K	$414K	10x
Short	Aevo TAO-PERP	310.48	0.0104	get 0.0013% / 1h	23m 49s	$171K	$998	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee AevobpOrdersPrice spread, now −0.079%Rate

Funding earned: $0.84
Price spread: −0.079% → +0.031%: −$11.01
Slippage, 4 orders: −$312.91
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$347.09
Costs to cover: 3.369%
Break-even: 2899.4 days

Slippage from Pacifica: live order book, 30 min ago; Aevo: live order book, 30 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 Pacifica live order book, 30 min ago	2.22 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 30 min ago	76.45 bp	226.3 bp −$226	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
Kraken Futures PF_TAOUSD	−0.0350%	1h	310.11	−0.200%	$5.5M	$20.6M	50x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	310.42	−0.100%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0014%	1h	310.34	−0.124%	$124K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	310.82	+0.030%	$46K	$656K	20x	as long as short
Katana Perps TAO-USD	+0.0099%	8h	310.68	−0.015%	$636	$842K	5x	as long as short
Pacifica TAOlong	+0.0100%	1h	310.73	long leg	$354K	$414K	10x
Binance TAOUSDT	+0.0100%	4h	310.57	−0.050%	$89.0M	$500.9M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	310.90	+0.055%	$66.9M	$150.3M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	310.90	+0.055%	$25.8M	$120.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	310.10	−0.202%	$13.2M	$50.1M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	310.54	−0.061%	$101.7M	$145.1M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	310.40	−0.106%	$17.6M	$31.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	310.56	−0.054%	$34.8M	$56.5M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	310.44	−0.093%	—	$33.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	311.00	+0.089%	$41K	$312K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	311.97	+0.399%	$530K	$956K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	310.75	+0.007%	$46K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	310.57	−0.051%	$79K	$900K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	310.72	−0.003%	$11K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	310.49	−0.077%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	309.61	−0.360%	$109K	$541K	20x	as long as short
Aevo TAO-PERPshort	+0.0104%	1h	310.48	−0.079%	$171K	$998	3x
Aster TAOUSDT	+0.0108%	4h	310.43	−0.095%	$1.3M	$10.5M	50x	as long as short
Orderly PERP_TAO_USDC	+0.0116%	4h	310.53	−0.064%	$51K	$291K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0137% / S +0.0135%	1h	310.37	−0.116%	$412K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0139%	8h	310.59	−0.043%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0231%	1h	311.08	+0.113%	$101K	$394K	5x	as long as short
Bulk TAO-USD	+0.0264%	1h	312.41	+0.541%	$166K	$333	10x	as long as short
Phemex TAOUSDT	+0.0275%	4h	310.24	−0.157%	$3.1M	$8.0M	50x	as long as short
Variational Omni TAO	+0.0294%	4h	311.14	+0.132%	$5.5M	$10.1M	—	as long as short
Extended TAO-USD	+0.0304%	1h	310.38	−0.113%	$904K	$2.4M	25x	as long as short
BloFin TAO-USDT	+0.0340%	4h	310.95	+0.071%	$4.5M	$10.7M	100x	as long as short
Nado TAO-PERP	+0.0357%	1h	310.71	−0.007%	$785K	$2.2M	10x	as long as short
Phoenix TAO	+0.0457%	1h	312.60	+0.602%	$311K	$711K	5x	as long as short
Hyperliquid TAO	+0.0462%	1h	311.00	+0.088%	$91.4M	$107.7M	5x	as long as short
01 Exchange TAOUSD	+0.0480%	1h	311.01	+0.091%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0490%	1h	310.59	−0.044%	$309K	$885K	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0516%	1h	310.24	−0.156%	$16K	$1.8M	25x	as long as short
Lighter TAO	+0.0576%	1h	310.70	−0.009%	$1.5M	$6.5M	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	310.62	−0.033%	$357	—	20x	as long as short
RISEx TAO/USDC	+0.0816%	1h	310.83	+0.032%	$442K	$655K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0952%	1h	311.60	+0.281%	$1.5M	$6.8M	50x	as long as short
Injective TAO/USDC PERP	+0.4092%	1h	315.24	+1.452%	$23K	$2K	12x	as long as short