Funding you earn now, next payment 03:00 UTC+0.0448%/8h= +49.0% APRnext payment +$0.56 per $10,000 · paid last 24h −0.006%
Price spread now: Pacifica against dYdX+0.100%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.100%, 7d avg +0.050%
=Together, before fees−0.115%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Pacifica is 0.050% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.56 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 | dYdX TAO-USD | 316.84 | 0 | get 0.0000% / 1h | 8m 07s | $126K | $85K | 5x |
| Short | Pacifica TAO | 317.16 | 0.0448 | get 0.0056% / 1h | 8m 07s | $373K | $413K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against dYdX. 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
- $94.06
- Price spread: +0.100% → +0.050%
- $5.03
- Slippage, 4 orders
- −$90.68
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$9.59
- Costs to cover
- 1.087%
- Break-even
- 7.7 days
Slippage from dYdX: live order book, 56 min ago; Pacifica: live order book, 55 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 dYdX live order book, 56 min ago | 38.70 bp | 45.9 bp −$46 | 73.6 bp −$736 | 179.9 bp −$18.0K | 664.8 bp −$332.4K |
| Sell Pacifica live order book, 55 min ago | 3.77 bp | 10.5 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.1916% | 1h | 325.17 | +2.629% | $172K | $1K | 10x | as long as short |
| dYdX TAO-USDlong | 0.0000% | 1h | 316.84 | long leg | $126K | $85K | 5x | |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 316.82 | −0.007% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.12 | +0.088% | $40K | $686K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 316.74 | −0.031% | $92.1M | $490.5M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 316.80 | −0.013% | $26.1M | $120.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 316.50 | −0.107% | $13.0M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 316.69 | −0.047% | $104.1M | $144.0M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 316.91 | +0.022% | $17.7M | $31.6M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 316.41 | −0.136% | $35.3M | $55.7M | 50x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 316.99 | +0.047% | $36K | $302K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 316.98 | +0.044% | $88K | $796K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 316.96 | +0.038% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.71 | −0.041% | $109K | $529K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 317.20 | +0.114% | $174K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 316.63 | −0.066% | $673 | $776K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0126% | 4h | 316.73 | −0.035% | $57K | $275K | 10x | as long as short |
| Phemex TAOUSDT | +0.0154% | 4h | 317.03 | +0.060% | $3.4M | $7.9M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0157% / S +0.0112% | 1h | 316.79 | −0.014% | $430K | — | 100x | as long as short |
| Bullet TAO-USD | +0.0160% | 1h | 317.02 | +0.057% | $12K | $18K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0192% | 4h | 318.34 | +0.472% | $528K | $952K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0203% | 1h | 316.87 | +0.008% | $15K | $1.6M | 25x | as long as short |
| Paradex TAO-USD-PERP | +0.0246% | 8h | 317.28 | +0.138% | $14K | $1K | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0248% | 1h | 316.70 | −0.043% | $5.6M | $20.8M | 50x | as long as short |
| Aster TAOUSDT | +0.0284% | 4h | 316.86 | +0.007% | $1.2M | $10.1M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 317.25 | +0.129% | $4.6M | $11.3M | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0371% | 1h | 316.95 | +0.035% | $47K | $253K | 50x | as long as short |
| Bybit TAOUSDT | +0.0399% | 4h | 316.99 | +0.047% | $69.5M | $146.2M | 50x | as long as short |
| Pacifica TAOshort | +0.0448% | 1h | 317.16 | +0.100% | $373K | $413K | 10x | |
| BingX TAO-USDT | +0.0448% | 4h | 316.64 | −0.063% | — | $30.3M | — | as long as short |
| Phoenix TAO | +0.0504% | 1h | 317.70 | +0.271% | $332K | $707K | 5x | as long as short |
| Arcus TAO-USD | +0.0509% | 1h | 317.37 | +0.167% | $100K | $488K | 5x | as long as short |
| Nado TAO-PERP | +0.0587% | 1h | 316.99 | +0.049% | $817K | $2.2M | 10x | as long as short |
| Extended TAO-USD | +0.0632% | 1h | 316.72 | −0.037% | $932K | $2.4M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 317.23 | +0.123% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 316.89 | +0.017% | $364 | — | 20x | as long as short |
| Lighter TAO | +0.0736% | 1h | 317.06 | +0.068% | $1.6M | $6.4M | 5x | as long as short |
| Variational Omni TAO | +0.0799% | 4h | 316.62 | −0.068% | $5.9M | $9.8M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0857% | 1h | 316.77 | −0.022% | $315K | $927K | 10x | as long as short |
| Hyperliquid TAO | +0.0999% | 1h | 316.86 | +0.005% | $95.8M | $104.0M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 317.97 | +0.357% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1159% | 1h | 317.17 | +0.105% | $442K | $659K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.4172% | 1h | 321.62 | +1.509% | $23K | $2K | 12x | as long as short |
Pacifica TAO
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
Phemex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Bullet TAO-USD
GRVT TAO_USDT_Perp
Deribit TAO_USDC-PERPETUAL
Paradex TAO-USD-PERP
Kraken Futures PF_TAOUSD
Aster TAOUSDT
BloFin TAO-USDT
ApeX Omni TAOUSDT
Bybit TAOUSDT
BingX TAO-USDT
Phoenix TAO
Extended TAO-USD
01 Exchange TAOUSD
Lighter TAO
Variational Omni TAO
Backpack TAO_USDC_PERP
Hyperliquid TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP