Settings8H · net · $10k
Funding arb · Price arb /

TAO

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica TAO315.980.0240pay 0.0030% / 1h47m 51s$374K$456K10x
ShortMEXC TAO_USDT316.190.0136get 0.0068% / 4h1h 47m$106.2M$147.6M300x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 63 min ago2.67 bp12.4 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.16 bp0.2 bp $03.6 bp −$3622.6 bp −$2,26285.0 bp −$42.5K

TAO on 43 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0003%1h315.63−0.109%$19K150xas long as short
Popdex TAOUSDT+0.0096%1h315.82−0.050%$50K$632K20xas long as short
OKX TAO-USDT-SWAP+0.0100%8h316.00+0.007%$26.8M$128.1M50xas long as short
Gate TAO_USDT+0.0100%4h315.80−0.056%$15.7M$47.5M50xas long as short
KuCoin TAOUSDTM+0.0100%4h315.98+0.001%$17.5M$31.3M75xas long as short
Bitget TAOUSDT+0.0100%4h315.79−0.059%$35.8M$56.0M50xas long as short
ApeX Omni TAOUSDT+0.0100%1h316.75+0.245%$45K$253K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h315.60−0.119%$81K$1.1M5xas long as short
SunX TAO-USDT+0.0100%4h315.82−0.050%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h315.87−0.034%$112K$564K20xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps TAO-USD+0.0104%8h315.72−0.081%$890$1.3M5xas long as short
Aevo TAO-PERP+0.0112%1h316.03+0.016%$174K$9983xas long as short
Bybit TAOUSDT+0.0120%4h316.17+0.061%$69.2M$155.7M50xas long as short
Binance TAOUSDT+0.0136%4h316.05+0.023%$92.9M$511.1M75xas long as short
MEXC TAO_USDTshort+0.0136%4h316.19+0.067%$106.2M$147.6M300x
edgeX TAOUSDC+0.0141%4h316.70+0.229%$42K$324K10xas long as short
BingX TAO-USDT+0.0145%4h316.07+0.029%$38.0Mas long as short
Lighter TAO+0.0176%1h316.08+0.033%$1.6M$6.6M5xas long as short
Paradex TAO-USD-PERP+0.0203%8h315.98+0.001%$14K$87610xas long as short
Phemex TAOUSDT+0.0206%4h316.16+0.058%$3.2M$8.1M50xas long as short
Extended TAO-USD+0.0216%1h316.02+0.014%$954K$2.1M25xas long as short
Pacifica TAOlong+0.0240%1h315.98long leg$374K$456K10x
Orderly PERP_TAO_USDC+0.0255%4h316.00+0.007%$53K$262K10xas long as short
GRVT TAO_USDT_Perp+0.0262%4h317.12+0.362%$541K$805K10xas long as short
Bullet TAO-USD+0.0263%1h316.08+0.033%$12K$16K20xas long as short
Aster TAOUSDT+0.0303%4h316.11+0.042%$1.2M$11.2M50xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0359% / S −0.0107%1h315.72−0.082%$371K100xas long as short
BloFin TAO-USDT+0.0380%4h316.03+0.017%$4.9M$10.4M100xas long as short
Nado TAO-PERP+0.0391%1h315.89−0.028%$694K$2.0M10xas long as short
Variational Omni TAO+0.0444%4h316.43+0.145%$5.7M$9.8Mas long as short
Deribit TAO_USDC-PERPETUAL+0.0451%1h316.01+0.009%$15K$1.9M25xas long as short
Hyperliquid TAO+0.0486%1h316.19+0.067%$95.1M$107.1M5xas long as short
Arcus TAO-USD+0.0610%1h316.22+0.077%$100K$310K5xas long as short
01 Exchange TAOUSD+0.0616%1h315.99+0.004%$3K$2K5xas long as short
Phoenix TAO+0.0650%1h316.90+0.292%$319K$710K5xas long as short
Backpack TAO_USDC_PERP+0.0660%1h316.24+0.083%$297K$1.1M10xas long as short
RISEx TAO/USDC+0.0666%1h315.77−0.066%$436K$672K5xas long as short
Coinbase International TAO-PERP-INTX+0.0688%1h316.00+0.007%$1.1M$7.6M50xas long as short
dYdX TAO-USD+0.0696%1h315.77−0.066%$266K$230K5xas long as short
Reya TAORUSDPERP+0.0699%1h316.25+0.088%$36420xas long as short
Bulk TAO-USD+0.0807%1h318.75+0.877%$169K$010xas long as short
Kraken Futures PF_TAOUSD+0.0932%1h316.11+0.043%$6.2M$19.5M50xas long as short
Injective TAO/USDC PERP+0.4405%1h320.28+1.362%$23K$2K12xas long as short