Funding you earn now, next payment 01:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h −0.001%
Price spread now: edgeX against Pacifica−0.493%112s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as 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−$430.432% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 3 days (all we have)+0.722%+$72 · spread now −0.493%, 7d avg −0.014%
=Together, before fees+0.642%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.480% cheaper against Pacifica than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica TAO | 318.86 | 0.0185 | pay 0.0023% / 1h | 25m 36s | $377K | $376K | 10x |
| Short | edgeX TAOUSDC | 317.29 | 0.0100 | get 0.0050% / 4h | 3h 25m | $40K | $292K | 10x |
Pacifica TAO
edgeX TAOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$17.77
- Price spread: −0.493% → −0.014%
- −$47.97
- Slippage, 4 orders
- −$26.17
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$108.92
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 48 min ago; edgeX: live order book, 47 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 | 3.53 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 47 min ago | 7.98 bp | 12.5 bp −$12 | 25.6 bp −$256 | 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 | −0.1321% | 1h | 318.22 | −0.200% | $169K | $44K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 318.50 | −0.112% | $127K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 317.94 | −0.289% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.89 | −0.304% | $43K | $590K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.72 | −0.043% | $91.6M | $447.4M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 318.70 | −0.050% | $26.1M | $108.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.50 | −0.112% | $12.9M | $50.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.64 | −0.068% | $108.9M | $135.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.51 | −0.109% | $18.2M | $29.2M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.70 | −0.050% | $35.5M | $50.8M | 50x | as long as short |
Bulk TAO-USD
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 TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDCshort | +0.0100% | 4h | 317.29 | −0.493% | $40K | $292K | 10x | |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 318.49 | −0.115% | $527K | $969K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 318.11 | −0.235% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.69 | −0.680% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.21 | −0.203% | $127K | $423K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.67 | −0.373% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.35 | −0.159% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0110% | 8h | 318.48 | −0.119% | $737 | $625K | 5x | as long as short |
| Bullet TAO-USD | +0.0118% | 1h | 318.21 | −0.202% | $12K | $17K | 20x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0093% | 1h | 317.99 | −0.271% | $457K | — | 100x | as long as short |
| Pacifica TAOlong | +0.0185% | 1h | 318.86 | long leg | $377K | $376K | 10x | |
| Arcus TAO-USD | +0.0201% | 1h | 318.99 | +0.041% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0214% | 4h | 318.35 | −0.161% | $1.1M | $8.5M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0236% | 8h | 318.71 | −0.046% | $14K | $1K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0296% | 1h | 317.11 | −0.548% | $48K | $266K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0301% | 1h | 318.33 | −0.166% | $93K | $635K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0312% | 1h | 318.15 | −0.222% | $17K | $1.5M | 25x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 317.04 | −0.570% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 318.81 | −0.015% | — | $30.7M | — | as long as short |
| Variational Omni TAO | +0.0460% | 4h | 318.45 | −0.127% | $5.5M | $8.7M | — | as long as short |
| Bybit TAOUSDT | +0.0475% | 4h | 318.99 | +0.041% | $65.7M | $133.0M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0482% | 1h | 318.01 | −0.265% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 318.50 | −0.112% | $333K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 322.97 | +1.289% | $23K | $678 | 12x | as long as short |
| 01 Exchange TAOUSD | +0.0600% | 1h | 317.90 | −0.301% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 318.01 | −0.265% | $366 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0781% | 1h | 318.05 | −0.253% | $885K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0843% | 1h | 318.13 | −0.228% | $321K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 318.19 | −0.210% | $1.5M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 318.89 | +0.010% | $423K | $591K | 5x | as long as short |
| Extended TAO-USD | +0.1144% | 1h | 318.78 | −0.025% | $926K | $2.3M | 25x | as long as short |
| Lighter TAO | +0.1400% | 1h | 319.23 | +0.115% | $1.7M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.2054% | 1h | 319.24 | +0.120% | $103.0M | $91.3M | 5x | as long as short |
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
Bullet TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
BingX TAO-USDT
Variational Omni TAO
Bybit TAOUSDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Extended TAO-USD
Lighter TAO
Hyperliquid TAO