Funding you earn now, next payment 03:00 UTC+0.0456%/8h= +49.9% APRnext payment +$0.57 per $10,000 · paid last 24h +0.048%
Price spread now: Extended against Pacifica+0.113%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.195%−$20 · spread now +0.113%, 7d avg −0.052%
=Together, before fees−0.125%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Extended is 0.165% dearer against Pacifica than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.052%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.57 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 | 317.56 | 0.0448 | pay 0.0056% / 1h | 55m 44s | $375K | $393K | 10x |
| Short | Extended TAO-USD | 317.92 | 0.0904 | get 0.0113% / 1h | 55m 44s | $900K | $2.3M | 25x |
Pacifica TAO
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $95.78
- Price spread: +0.113% → −0.052%
- $16.45
- Slippage, 4 orders
- −$17.63
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $81.6
- Costs to cover
- 0.306%
- Break-even
- 1.0 days
Slippage from Pacifica: live order book, 8 min ago; Extended: live order book, 3 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, 8 min ago | 3.77 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 2.52 bp | 5.0 bp −$5 | 6.5 bp −$65 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.0185% | 1h | 315.28 | −0.719% | $167K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 317.35 | −0.067% | $127K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.63 | +0.336% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.55 | +0.311% | $45K | $645K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.46 | −0.033% | $91.7M | $467.5M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.30 | −0.083% | $26.3M | $115.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.80 | +0.075% | $13.0M | $49.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.06 | +0.157% | $104.7M | $137.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 318.03 | +0.147% | $18.0M | $30.6M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.53 | −0.010% | $35.4M | $53.4M | 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 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 317.02 | −0.171% | $36K | $302K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.69 | +0.355% | $76K | $722K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 318.92 | +0.427% | $58K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.34 | +0.245% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.68 | +0.352% | $131K | $474K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.21 | +0.204% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.92 | +0.428% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0114% | 8h | 318.19 | +0.198% | $2K | $730K | 5x | as long as short |
| ApeX Omni TAOUSDT | +0.0148% | 1h | 316.61 | −0.300% | $47K | $252K | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0165% / S +0.0104% | 1h | 318.90 | +0.421% | $433K | — | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0192% | 4h | 317.15 | −0.129% | $527K | $957K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0246% | 1h | 318.63 | +0.335% | $5.6M | $20.5M | 50x | as long as short |
| Aster TAOUSDT | +0.0290% | 4h | 317.74 | +0.057% | $1.2M | $9.3M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0351% | 8h | 318.09 | +0.166% | $14K | $1K | 10x | as long as short |
| Bullet TAO-USD | +0.0381% | 1h | 319.04 | +0.466% | $12K | $18K | 20x | as long as short |
| Pacifica TAOlong | +0.0448% | 1h | 317.56 | long leg | $375K | $393K | 10x | |
| Arcus TAO-USD | +0.0509% | 1h | 318.52 | +0.302% | $100K | $489K | 5x | as long as short |
| Nado TAO-PERP | +0.0560% | 1h | 318.94 | +0.435% | $763K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 316.10 | −0.461% | $332K | $707K | 5x | as long as short |
| BingX TAO-USDT | +0.0686% | 4h | 317.90 | +0.106% | — | $30.3M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 318.93 | +0.430% | $367 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0696% | 1h | 318.75 | +0.374% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0729% | 1h | 318.91 | +0.424% | $14K | $1.6M | 25x | as long as short |
| Bybit TAOUSDT | +0.0745% | 4h | 317.65 | +0.028% | $67.4M | $138.3M | 50x | as long as short |
| Variational Omni TAO | +0.0865% | 4h | 319.02 | +0.460% | $6.0M | $9.6M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0871% | 1h | 318.65 | +0.342% | $322K | $802K | 10x | as long as short |
| Extended TAO-USDshort | +0.0904% | 1h | 317.92 | +0.113% | $900K | $2.3M | 25x | |
| Lighter TAO | +0.1008% | 1h | 317.86 | +0.093% | $1.6M | $6.1M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 319.28 | +0.541% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 318.32 | +0.238% | $450K | $626K | 5x | as long as short |
| Hyperliquid TAO | +0.1379% | 1h | 318.17 | +0.191% | $100.6M | $98.1M | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 320.94 | +1.064% | $23K | $2K | 12x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
ApeX Omni TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
GRVT TAO_USDT_Perp
Kraken Futures PF_TAOUSD
Aster TAOUSDT
Paradex TAO-USD-PERP
Bullet TAO-USD
Arcus TAO-USD
Nado TAO-PERP
Phoenix TAO
BingX TAO-USDT
Reya TAORUSDPERP
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
Bybit TAOUSDT
Variational Omni TAO
Backpack TAO_USDC_PERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Injective TAO/USDC PERP