TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.24 per $10,000 · paid last 24h +0.017%

Price spread now: Pacifica against Aevo+0.011%7-day average −0.031% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.011%, 7d avg −0.031%

Together, before fees−0.055%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Pacifica is 0.042% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.031%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 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	Aevo TAO-PERP	315.57	0.0120	pay 0.0015% / 1h	20m 56s	$173K	$998	3x
Short	Pacifica TAO	315.61	0.0313	get 0.0039% / 1h	20m 56s	$370K	$462K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee PacificabpOrdersPrice spread, now +0.011%Rate

Funding earned: $40.5
Price spread: +0.011% → −0.031%: $4.24
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $20.74
Costs to cover: 0.240%
Break-even: 3.4 days

Slippage unknown: Aevo: live order book, 18 min ago; Pacifica: live order book, 18 min ago. Net counts fees only.

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 Aevo live order book, 18 min ago	53.11 bp	63.2 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 18 min ago	3.47 bp	doesn't fit	doesn't fit	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	315.22	−0.112%	$22K	—	150x	as long as short
dYdX TAO-USD	+0.0056%	1h	315.36	−0.068%	$126K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	315.84	+0.084%	$45K	$714K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	315.60	+0.008%	$26.3M	$130.0M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	315.30	−0.087%	$14.5M	$51.8M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	315.44	−0.043%	$17.8M	$32.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	315.20	−0.119%	$35.4M	$57.9M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	316.06	+0.154%	$45K	$260K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	315.51	−0.021%	$87K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	315.34	−0.074%	$2K	$2.0M	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TAO-USDT	+0.0100%	4h	315.16	−0.131%	$115K	$603K	20x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0105% / S +0.0138%	1h	315.09	−0.155%	$402K	—	100x	as long as short
Katana Perps TAO-USD	+0.0106%	8h	315.50	−0.024%	$828	$1.1M	5x	as long as short
Aevo TAO-PERPlong	+0.0120%	1h	315.57	long leg	$173K	$998	3x
Orderly PERP_TAO_USDC	+0.0162%	4h	315.32	−0.081%	$52K	$294K	10x	as long as short
edgeX TAOUSDC	+0.0165%	4h	315.99	+0.130%	$42K	$319K	10x	as long as short
MEXC TAO_USDT	+0.0170%	4h	315.61	+0.011%	$102.6M	$152.3M	300x	as long as short
Binance TAOUSDT	+0.0171%	4h	315.65	+0.023%	$91.4M	$530.9M	75x	as long as short
Paradex TAO-USD-PERP	+0.0240%	8h	315.50	−0.022%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0250%	4h	315.57	−0.002%	—	$37.3M	—	as long as short
Bybit TAOUSDT	+0.0256%	4h	315.72	+0.046%	$69.1M	$156.8M	50x	as long as short
Bullet TAO-USD	+0.0268%	1h	315.76	+0.059%	$12K	$17K	20x	as long as short
GRVT TAO_USDT_Perp	+0.0302%	4h	315.30	−0.086%	$536K	$921K	10x	as long as short
Pacifica TAOshort	+0.0313%	1h	315.61	+0.011%	$370K	$462K	10x
Aster TAOUSDT	+0.0334%	4h	315.60	+0.008%	$1.3M	$11.0M	50x	as long as short
Extended TAO-USD	+0.0352%	1h	315.43	−0.045%	$899K	$2.4M	25x	as long as short
BloFin TAO-USDT	+0.0411%	4h	315.72	+0.046%	$4.7M	$10.9M	100x	as long as short
Phemex TAOUSDT	+0.0449%	4h	315.50	−0.024%	$3.2M	$8.2M	50x	as long as short
Nado TAO-PERP	+0.0467%	1h	315.65	+0.025%	$781K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	315.98	+0.128%	$99K	$384K	5x	as long as short
Lighter TAO	+0.0512%	1h	315.78	+0.064%	$1.6M	$6.9M	5x	as long as short
Variational Omni TAO	+0.0561%	4h	315.37	−0.066%	$5.5M	$10.2M	—	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0569%	1h	315.38	−0.062%	$15K	$1.9M	25x	as long as short
Phoenix TAO	+0.0629%	1h	316.40	+0.261%	$318K	$703K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0659%	1h	315.56	−0.005%	$292K	$904K	10x	as long as short
01 Exchange TAOUSD	+0.0664%	1h	316.21	+0.201%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	315.42	−0.051%	$363	—	20x	as long as short
Hyperliquid TAO	+0.0710%	1h	315.57	−0.002%	$93.2M	$110.4M	5x	as long as short
RISEx TAO/USDC	+0.0831%	1h	315.69	+0.035%	$446K	$658K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0840%	1h	315.60	+0.007%	$5.9M	$21.7M	50x	as long as short
Bulk TAO-USD	+0.0951%	1h	316.68	+0.350%	$168K	$0	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	316.41	+0.265%	$1.4M	$6.9M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	318.80	+1.022%	$23K	$2K	12x	as long as short