Funding you earn now, next payment 02:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.005%
Price spread now: Bitget against Pacifica+0.102%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$430.426% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.102%, 7d avg −0.043%
=Together, before fees−0.136%+ Points / potential airdropPacifica: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.145% dearer against Pacifica than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of −0.043%): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−0.012% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% 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 | Pacifica TAO | 314.61 | 0.0285 | pay 0.0036% / 1h | 20m 08s | $370K | $381K | 10x |
| Short | Bitget TAOUSDT | 314.93 | 0.0100 | get 0.0050% / 4h | 2h 20m | $35.1M | $53.6M | 50x |
Pacifica TAO
Bitget TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.102% → −0.043%
- $14.46
- Slippage, 4 orders
- −$22.57
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.01
- Costs to cover
- 0.426%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 48 min ago; Bitget: live order book, 4 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, 48 min ago | 3.00 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.74 bp | 13.4 bp −$13 | 24.1 bp −$241 | 50.3 bp −$5,032 | 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 | 314.23 | −0.120% | $126K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.49 | −0.039% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.67 | +0.019% | $41K | $631K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.92 | +0.098% | $90.4M | $467.2M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.00 | +0.124% | $26.0M | $112.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.70 | +0.029% | $12.8M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.94 | +0.105% | $111.0M | $139.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.76 | +0.048% | $18.0M | $30.2M | 75x | as long as short |
| Bitget TAOUSDTshort | +0.0100% | 4h | 314.93 | +0.102% | $35.1M | $53.6M | 50x | |
| edgeX TAOUSDC | +0.0100% | 4h | 316.56 | +0.621% | $35K | $299K | 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
edgeX TAOUSDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TAOUSDT | +0.0100% | 1h | 316.92 | +0.734% | $47K | $252K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 314.79 | +0.057% | $57K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.54 | −0.022% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.49 | −0.038% | $129K | $472K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.07 | +0.145% | $173K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0119% | 8h | 314.55 | −0.019% | $2K | $710K | 5x | as long as short |
| Phemex TAOUSDT | +0.0121% | 4h | 314.68 | +0.022% | $3.4M | $7.9M | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0125% | 1h | 314.86 | +0.079% | $81K | $681K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0168% | 1h | 314.65 | +0.012% | $5.6M | $20.5M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0168% / S +0.0098% | 1h | 314.49 | −0.037% | $430K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0174% | 4h | 317.11 | +0.795% | $523K | $954K | 10x | as long as short |
| Bullet TAO-USD | +0.0244% | 1h | 314.79 | +0.057% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0260% | 4h | 314.75 | +0.045% | $1.3M | $9.4M | 50x | as long as short |
| Pacifica TAOlong | +0.0285% | 1h | 314.61 | long leg | $370K | $381K | 10x | |
| Arcus TAO-USD | +0.0337% | 1h | 314.75 | +0.044% | $99K | $529K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0360% | 8h | 314.40 | −0.066% | $14K | $1K | 10x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 318.67 | +1.290% | $23K | $2K | 12x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0472% | 1h | 314.66 | +0.015% | $23K | $1.5M | 25x | as long as short |
| Nado TAO-PERP | +0.0527% | 1h | 314.60 | −0.003% | $785K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 317.30 | +0.855% | $332K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 314.70 | +0.029% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 314.60 | −0.002% | $362 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0780% | 4h | 315.25 | +0.203% | — | $30.9M | — | as long as short |
| Variational Omni TAO | +0.0845% | 4h | 315.73 | +0.355% | $5.5M | $8.9M | — | as long as short |
| Bybit TAOUSDT | +0.0854% | 4h | 315.14 | +0.168% | $66.1M | $138.0M | 50x | as long as short |
| Extended TAO-USD | +0.0912% | 1h | 314.68 | +0.021% | $905K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0926% | 1h | 315.28 | +0.213% | $319K | $810K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 316.39 | +0.566% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 314.50 | −0.033% | $449K | $631K | 5x | as long as short |
| Hyperliquid TAO | +0.1322% | 1h | 315.55 | +0.299% | $100.0M | $95.0M | 5x | as long as short |
| Lighter TAO | +0.1408% | 1h | 315.22 | +0.194% | $1.6M | $6.1M | 5x | as long as short |
| Bulk TAO-USD | +0.2752% | 1h | 308.95 | −1.801% | $164K | $40K | 10x | as long as short |
ApeX Omni TAOUSDT
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
Variational Omni TAO
Bybit TAOUSDT
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD