Funding you earn now, next payment 11:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.023%
Price spread now: MEXC against Pacifica+0.067%45s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as 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−$230.226% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.067%, 7d avg −0.009%
=Together, before fees−0.084%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.076% dearer against Pacifica than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.009%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.077% in total) that is about 6.9 days. The two prices were read 45 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 | 315.98 | 0.0240 | pay 0.0030% / 1h | 47m 51s | $374K | $456K | 10x |
| Short | MEXC TAO_USDT | 316.19 | 0.0136 | get 0.0068% / 4h | 1h 47m | $106.2M | $147.6M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$21.94
- Price spread: +0.067% → −0.009%
- $7.64
- Slippage, 4 orders
- −$14.63
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$36.93
- Costs to cover
- 0.226%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 63 min ago; MEXC: 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, 63 min ago | 2.67 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.16 bp | 0.2 bp $0 | 3.6 bp −$36 | 22.6 bp −$2,262 | 85.0 bp −$42.5K |
TAO on 43 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 315.63 | −0.109% | $19K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.82 | −0.050% | $50K | $632K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.00 | +0.007% | $26.8M | $128.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.80 | −0.056% | $15.7M | $47.5M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.98 | +0.001% | $17.5M | $31.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.79 | −0.059% | $35.8M | $56.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 316.75 | +0.245% | $45K | $253K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 315.60 | −0.119% | $81K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.82 | −0.050% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.87 | −0.034% | $112K | $564K | 20x | as long as short |
Show all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USD | +0.0104% | 8h | 315.72 | −0.081% | $890 | $1.3M | 5x | as long as short |
| Aevo TAO-PERP | +0.0112% | 1h | 316.03 | +0.016% | $174K | $998 | 3x | as long as short |
| Bybit TAOUSDT | +0.0120% | 4h | 316.17 | +0.061% | $69.2M | $155.7M | 50x | as long as short |
| Binance TAOUSDT | +0.0136% | 4h | 316.05 | +0.023% | $92.9M | $511.1M | 75x | as long as short |
| MEXC TAO_USDTshort | +0.0136% | 4h | 316.19 | +0.067% | $106.2M | $147.6M | 300x | |
| edgeX TAOUSDC | +0.0141% | 4h | 316.70 | +0.229% | $42K | $324K | 10x | as long as short |
| BingX TAO-USDT | +0.0145% | 4h | 316.07 | +0.029% | — | $38.0M | — | as long as short |
| Lighter TAO | +0.0176% | 1h | 316.08 | +0.033% | $1.6M | $6.6M | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0203% | 8h | 315.98 | +0.001% | $14K | $876 | 10x | as long as short |
| Phemex TAOUSDT | +0.0206% | 4h | 316.16 | +0.058% | $3.2M | $8.1M | 50x | as long as short |
| Extended TAO-USD | +0.0216% | 1h | 316.02 | +0.014% | $954K | $2.1M | 25x | as long as short |
| Pacifica TAOlong | +0.0240% | 1h | 315.98 | long leg | $374K | $456K | 10x | |
| Orderly PERP_TAO_USDC | +0.0255% | 4h | 316.00 | +0.007% | $53K | $262K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0262% | 4h | 317.12 | +0.362% | $541K | $805K | 10x | as long as short |
| Bullet TAO-USD | +0.0263% | 1h | 316.08 | +0.033% | $12K | $16K | 20x | as long as short |
| Aster TAOUSDT | +0.0303% | 4h | 316.11 | +0.042% | $1.2M | $11.2M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0359% / S −0.0107% | 1h | 315.72 | −0.082% | $371K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0380% | 4h | 316.03 | +0.017% | $4.9M | $10.4M | 100x | as long as short |
| Nado TAO-PERP | +0.0391% | 1h | 315.89 | −0.028% | $694K | $2.0M | 10x | as long as short |
| Variational Omni TAO | +0.0444% | 4h | 316.43 | +0.145% | $5.7M | $9.8M | — | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0451% | 1h | 316.01 | +0.009% | $15K | $1.9M | 25x | as long as short |
| Hyperliquid TAO | +0.0486% | 1h | 316.19 | +0.067% | $95.1M | $107.1M | 5x | as long as short |
| Arcus TAO-USD | +0.0610% | 1h | 316.22 | +0.077% | $100K | $310K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0616% | 1h | 315.99 | +0.004% | $3K | $2K | 5x | as long as short |
| Phoenix TAO | +0.0650% | 1h | 316.90 | +0.292% | $319K | $710K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0660% | 1h | 316.24 | +0.083% | $297K | $1.1M | 10x | as long as short |
| RISEx TAO/USDC | +0.0666% | 1h | 315.77 | −0.066% | $436K | $672K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0688% | 1h | 316.00 | +0.007% | $1.1M | $7.6M | 50x | as long as short |
| dYdX TAO-USD | +0.0696% | 1h | 315.77 | −0.066% | $266K | $230K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 316.25 | +0.088% | $364 | — | 20x | as long as short |
| Bulk TAO-USD | +0.0807% | 1h | 318.75 | +0.877% | $169K | $0 | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0932% | 1h | 316.11 | +0.043% | $6.2M | $19.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4405% | 1h | 320.28 | +1.362% | $23K | $2K | 12x | as long as short |
Pacifica TAO
MEXC TAO_USDT
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Bybit TAOUSDT
Binance TAOUSDT
edgeX TAOUSDC
BingX TAO-USDT
Lighter TAO
Paradex TAO-USD-PERP
Phemex TAOUSDT
Extended TAO-USD
GRVT TAO_USDT_Perp
Bullet TAO-USD
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Variational Omni TAO
Deribit TAO_USDC-PERPETUAL
Hyperliquid TAO
01 Exchange TAOUSD
Phoenix TAO
Backpack TAO_USDC_PERP
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Bulk TAO-USD
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP