Funding you earn now, next payment 02:00 UTC−0.0185%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h −0.002%
Price spread now: ApeX Omni against Pacifica+0.253%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$480.485% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+1.382%+$138 · spread now +0.253%, 7d avg +0.027%
=Together, before fees+1.376%+ Points / potential airdropPacifica: Active · farm board+$138 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.226% dearer against Pacifica than usual: you sell high and buy low (spread +0.253% now, against its 7-day average of +0.027%): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.006% in total) that is about 8 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 per $10,000. 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 | Pacifica TAO | 314.88 | 0.0285 | pay 0.0036% / 1h | 19m 23s | $370K | $384K | 10x |
| Short | ApeX Omni TAOUSDT | 315.68 | 0.0100 | get 0.0013% / 1h | 19m 23s | $47K | $252K | 50x |
Pacifica TAO
ApeX Omni TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Pacifica. 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
- −$38.91
- Price spread: +0.253% → +0.027%
- $22.62
- Slippage, 4 orders
- −$30.5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$64.79
- Costs to cover
- 0.485%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 49 min ago; ApeX Omni: live order book, 48 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, 49 min ago | 3.00 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 48 min ago | 5.51 bp | 16.5 bp −$17 | 129.1 bp −$1,291 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 314.46 | −0.134% | $126K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.36 | −0.165% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.72 | −0.051% | $43K | $633K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.67 | −0.068% | $90.4M | $467.1M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.00 | +0.037% | $26.0M | $112.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.40 | −0.153% | $12.8M | $50.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.71 | −0.055% | $111.1M | $139.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.74 | −0.045% | $18.0M | $30.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.71 | −0.055% | $35.1M | $53.7M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.73 | +0.269% | $35K | $300K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TAOUSDTshort | +0.0100% | 1h | 315.68 | +0.253% | $47K | $252K | 50x | |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 315.46 | +0.184% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.54 | −0.109% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.49 | −0.124% | $129K | $472K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.07 | +0.058% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0118% | 8h | 314.81 | −0.023% | $2K | $710K | 5x | as long as short |
| Phemex TAOUSDT | +0.0121% | 4h | 314.68 | −0.064% | $3.4M | $7.9M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0124% | 1h | 314.81 | −0.023% | $80K | $681K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0168% | 1h | 314.65 | −0.075% | $5.6M | $20.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0168% / S +0.0098% | 1h | 314.49 | −0.124% | $430K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0174% | 4h | 317.11 | +0.708% | $523K | $954K | 10x | as long as short |
| Bullet TAO-USD | +0.0245% | 1h | 314.66 | −0.070% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0254% | 4h | 314.80 | −0.027% | $1.3M | $9.4M | 50x | as long as short |
| Pacifica TAOlong | +0.0285% | 1h | 314.88 | long leg | $370K | $384K | 10x | |
| Arcus TAO-USD | +0.0337% | 1h | 315.17 | +0.091% | $99K | $529K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0360% | 8h | 314.77 | −0.036% | $14K | $1K | 10x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 318.67 | +1.203% | $23K | $2K | 12x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0472% | 1h | 314.66 | −0.071% | $23K | $1.5M | 25x | as long as short |
| Nado TAO-PERP | +0.0525% | 1h | 314.94 | +0.018% | $786K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 317.30 | +0.768% | $332K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 315.07 | +0.060% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 314.91 | +0.010% | $362 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0780% | 4h | 314.70 | −0.058% | — | $30.9M | — | as long as short |
| Bybit TAOUSDT | +0.0842% | 4h | 315.63 | +0.238% | $66.2M | $138.1M | 50x | as long as short |
| Variational Omni TAO | +0.0845% | 4h | 315.73 | +0.268% | $5.5M | $8.9M | — | as long as short |
| Extended TAO-USD | +0.0912% | 1h | 314.78 | −0.033% | $905K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0926% | 1h | 315.28 | +0.126% | $319K | $810K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 316.39 | +0.479% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 314.88 | −0.002% | $450K | $631K | 5x | as long as short |
| Hyperliquid TAO | +0.1326% | 1h | 315.24 | +0.113% | $100.1M | $95.1M | 5x | as long as short |
| Lighter TAO | +0.1408% | 1h | 315.44 | +0.176% | $1.6M | $6.1M | 5x | as long as short |
| Bulk TAO-USD | +0.2752% | 1h | 308.95 | −1.885% | $164K | $40K | 10x | as long as short |
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
Phemex TAOUSDT
Polymarket Perps TAO-USD
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Bullet TAO-USD
Aster TAOUSDT
Arcus TAO-USD
Paradex TAO-USD-PERP
Injective TAO/USDC PERP
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Bybit TAOUSDT
Variational Omni TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD