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

TAO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0265%/8h= +29.0% APRpaid last 24h +0.009%
Price spread now: Pacifica against SunX−0.053%7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.053%, 7d avg +0.011%
Together, before fees+0.026%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.063% cheaper against SunX than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.011%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.005% 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 0.005% in total (about 0.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TAO-USDT315.180.0100pay 0.0050% / 4h19m 19s$2K$1.9M20x
ShortPacifica TAO315.010.0365get 0.0046% / 1h19m 19s$359K$412K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against SunX. 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
$55.57
Price spread: −0.053% → +0.011%
−$6.34
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$33.24
Costs to cover
0.160%
Break-even
2.8 days
Slippage unknown: SunX: live order book, 7 min ago; Pacifica: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago500.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 39 min ago3.49 bp11.6 bp −$12doesn't fitdoesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX TAO-USD0.0000%1h314.84−0.109%$126K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h315.03−0.047%$20K150xas long as short
Kraken Futures PF_TAOUSD+0.0056%1h315.28+0.030%$5.5M$20.7M50xas long as short
Popdex TAOUSDT+0.0096%1h315.28+0.032%$43K$669K20xas long as short
Katana Perps TAO-USD+0.0098%8h315.14−0.013%$645$799K5xas long as short
Binance TAOUSDT+0.0100%4h315.30+0.038%$91.0M$494.5M75xas long as short
Bybit TAOUSDT+0.0100%4h315.38+0.063%$68.1M$148.6M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h315.30+0.038%$26.0M$120.6M50xas long as short
Gate TAO_USDT+0.0100%4h315.00−0.057%$13.0M$50.1M50xas long as short
MEXC TAO_USDT+0.0100%4h315.22+0.013%$110.6M$144.0M300xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h315.04−0.044%$17.7M$31.7M75xas long as short
Bitget TAOUSDT+0.0100%4h315.07−0.035%$35.2M$56.4M50xas long as short
BingX TAO-USDT+0.0100%4h315.20+0.006%$32.9Mas long as short
edgeX TAOUSDC+0.0100%4h315.64+0.146%$42K$312K10xas long as short
GRVT TAO_USDT_Perp+0.0100%4h315.78+0.190%$522K$955K10xas long as short
ApeX Omni TAOUSDT+0.0100%1h314.97−0.067%$46K$254K50xas long as short
Polymarket Perps TAO-USD+0.0100%1h315.07−0.035%$77K$859K5xas long as short
Bullet TAO-USD+0.0100%1h315.30+0.038%$12K$18K20xas long as short
SunX TAO-USDTlong+0.0100%4h315.18long leg$2K$1.9M20x
HTX TAO-USDT+0.0100%4h314.91−0.086%$110K$535K20xas long as short
Phemex TAOUSDT+0.0100%4h315.23+0.016%$3.2M$8.1M50xas long as short
Aevo TAO-PERP+0.0104%1h315.36+0.057%$173K$9983xas long as short
Orderly PERP_TAO_USDC+0.0131%4h315.180.000%$57K$265K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0146% / S +0.0126%1h315.09−0.028%$420K100xas long as short
Paradex TAO-USD-PERP+0.0160%8h315.11−0.023%$14K$1K10xas long as short
Aster TAOUSDT+0.0192%4h315.12−0.019%$1.2M$10.3M50xas long as short
Extended TAO-USD+0.0200%1h315.18+0.001%$922K$2.4M25xas long as short
Nado TAO-PERP+0.0200%1h315.27+0.029%$801K$2.2M10xas long as short
Hyperliquid TAO+0.0263%1h315.44+0.082%$92.8M$106.4M5xas long as short
01 Exchange TAOUSD+0.0312%1h315.47+0.092%$3K$4K5xas long as short
Deribit TAO_USDC-PERPETUAL+0.0312%1h315.28+0.033%$26K$1.7M25xas long as short
Lighter TAO+0.0320%1h315.22+0.013%$1.5M$6.5M5xas long as short
BloFin TAO-USDT+0.0340%4h315.180.000%$4.6M$10.9M100xas long as short
Arcus TAO-USD+0.0345%1h315.47+0.092%$99K$438K5xas long as short
Backpack TAO_USDC_PERP+0.0348%1h315.00−0.057%$316K$913K10xas long as short
Pacifica TAOshort+0.0365%1h315.01−0.053%$359K$412K10x
Variational Omni TAO+0.0497%4h315.29+0.034%$5.7M$9.9Mas long as short
Phoenix TAO+0.0581%1h315.50+0.102%$314K$697K5xas long as short
Reya TAORUSDPERP+0.0697%1h315.13−0.017%$36220xas long as short
Bulk TAO-USD+0.0933%1h314.34−0.267%$167K$2K10xas long as short
RISEx TAO/USDC+0.0991%1h315.28+0.033%$435K$651K5xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h316.17+0.314%$1.5M$6.7M50xas long as short
Injective TAO/USDC PERP+0.4222%1h318.85+1.164%$23K$2K12xas long as short