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

TAO

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0367%/8h= +40.2% APRpaid last 24h +0.012%
Price spread now: Pacifica against Binance+0.056%7-day average +0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BinanceShort on Pacifica
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.056%, 7d avg +0.008%
Together, before fees+0.077%+ Points / potential airdropPacifica: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Pacifica is 0.048% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% 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
LongBinance TAOUSDT323.710.0158pay 0.0079% / 4h1h 56m$94.2M$520.9M75x
ShortPacifica TAO323.890.0525get 0.0066% / 1h56m 25s$368K$422K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Binance. 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
$77.02
Price spread: +0.056% → +0.008%
$4.78
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$63.79
Costs to cover
0.180%
Break-even
1.2 days
Slippage unknown: Binance: live order book, 2 min ago; Pacifica: live order book, 52 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 Binance live order book, 2 min ago0.62 bp9.4 bp −$916.9 bp −$16935.4 bp −$3,543doesn't fit
Sell Pacifica live order book, 52 min ago2.55 bpdoesn't fitdoesn'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
Bulk TAO-USD−0.1440%1h322.10−0.499%$171K$33310xas long as short
dYdX TAO-USD0.0000%1h323.64−0.023%$129K$85K5xas long as short
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0004%1h324.11+0.123%$21K—150xas long as short
OKX TAO-USDT-SWAP+0.0100%8h323.50−0.065%$26.9M$129.8M50xas long as short
Gate TAO_USDT+0.0100%4h323.60−0.034%$14.3M$51.1M50xas long as short
KuCoin TAOUSDTM+0.0100%4h323.77+0.019%$17.7M$31.8M75xas long as short
Bitget TAOUSDT+0.0100%4h323.28−0.133%$36.4M$57.8M50xas long as short
Polymarket Perps TAO-USD+0.0100%1h323.46−0.077%$76K$991K5xas long as short
SunX TAO-USDT+0.0100%4h324.16+0.139%$2K$2.0M20xas long as short
HTX TAO-USDT+0.0100%4h323.88+0.053%$118K$582K20xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TAOUSDT+0.0100%4h323.88+0.053%$3.3M$8.1M50xas long as short
Katana Perps TAO-USD+0.0110%8h323.66−0.015%$3K$969K5xas long as short
Orderly PERP_TAO_USDC+0.0120%4h324.16+0.139%$54K$292K10xas long as short
Aevo TAO-PERP+0.0120%1h324.41+0.218%$178K$9983xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0124% / S +0.0144%1h324.13+0.131%$433K—100xas long as short
edgeX TAOUSDC+0.0156%4h324.58+0.270%$43K$315K10xas long as short
MEXC TAO_USDT+0.0156%4h323.37−0.105%$105.3M$148.8M300xas long as short
Binance TAOUSDTlong+0.0158%4h323.71long leg$94.2M$520.9M75x
Popdex TAOUSDT+0.0200%1h323.70−0.003%$42K$688K20xas long as short
Paradex TAO-USD-PERP+0.0274%8h323.79+0.026%$15K$1K10xas long as short
Aster TAOUSDT+0.0313%4h323.79+0.025%$1.4M$10.8M50xas long as short
Bybit TAOUSDT+0.0366%4h323.72+0.003%$70.8M$155.1M50xas long as short
BingX TAO-USDT+0.0382%4h323.86+0.046%—$34.2M—as long as short
BloFin TAO-USDT+0.0398%4h324.59+0.272%$4.7M$11.3M100xas long as short
Bullet TAO-USD+0.0412%1h324.64+0.288%$12K$17K20xas long as short
GRVT TAO_USDT_Perp+0.0476%4h323.22−0.150%$551K$948K10xas long as short
Extended TAO-USD+0.0488%1h323.75+0.012%$922K$2.4M25xas long as short
Variational Omni TAO+0.0509%4h323.35−0.113%$5.7M$10.1M—as long as short
Phoenix TAO+0.0513%1h324.40+0.213%$323K$709K5xas long as short
ApeX Omni TAOUSDT+0.0520%1h323.91+0.062%$47K$258K50xas long as short
Pacifica TAOshort+0.0525%1h323.89+0.056%$368K$422K10x
Nado TAO-PERP+0.0550%1h323.55−0.049%$819K$2.2M10xas long as short
Deribit TAO_USDC-PERPETUAL+0.0590%1h324.22+0.157%$18K$1.9M25xas long as short
Arcus TAO-USD+0.0641%1h324.07+0.111%$104K$384K5xas long as short
Reya TAORUSDPERP+0.0698%1h323.46−0.076%$372—20xas long as short
Backpack TAO_USDC_PERP+0.0700%1h324.27+0.173%$323K$897K10xas long as short
Hyperliquid TAO+0.0718%1h323.84+0.040%$95.8M$110.0M5xas long as short
01 Exchange TAOUSD+0.0752%1h323.85+0.043%$3K$4K5xas long as short
Coinbase International TAO-PERP-INTX+0.0944%1h325.23+0.470%$1.5M$6.9M50xas long as short
RISEx TAO/USDC+0.1077%1h323.77+0.018%$464K$652K5xas long as short
Kraken Futures PF_TAOUSD+0.1138%1h324.32+0.187%$6.1M$21.6M50xas long as short
Lighter TAO+0.1160%1h324.18+0.146%$1.6M$6.5M5xas long as short
Injective TAO/USDC PERP+0.4723%1h323.62−0.028%$24K$2K12xas long as short