Funding you earn now, next payment 06:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h −0.073%
Price spread now: Pacifica against Kraken Futures+0.178%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$410.415% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.178%, 7d avg −0.042%
=Together, before fees−0.486%+ Points / potential airdropPacifica: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.220% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of −0.042%): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TAOUSD | 312.92 | 0.0305 | pay 0.0038% / 1h | 49m 29s | $5.5M | $20.7M | 50x |
| Short | Pacifica TAO | 313.48 | 0.0233 | get 0.0029% / 1h | 49m 29s | $357K | $419K | 10x |
Kraken Futures PF_TAOUSD
Pacifica TAOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kraken Futures. 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
- −$14.98
- Price spread: +0.178% → −0.042%
- $22
- Slippage, 4 orders
- −$23.49
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$34.47
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Pacifica: live order book, 64 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 Kraken Futures live order book, 5 min ago | 5.77 bp | 11.1 bp −$11 | 20.3 bp −$203 | 89.9 bp −$8,986 | doesn't fit |
| Sell Pacifica live order book, 64 min ago | 2.22 bp | 9.7 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 312.98 | +0.021% | $125K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.94 | +0.008% | $20K | — | 150x | as long as short |
| Katana Perps TAO-USD | +0.0100% | 8h | 313.25 | +0.106% | $641 | $878K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.49 | +0.183% | $89.6M | $504.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.30 | +0.122% | $26.2M | $121.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.20 | +0.090% | $13.6M | $50.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 313.42 | +0.160% | $104.6M | $144.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.49 | +0.183% | $17.5M | $31.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.20 | +0.090% | $35.3M | $56.9M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 312.14 | −0.249% | $41K | $314K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Katana Perps TAO-USD
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps TAO-USD | +0.0100% | 1h | 313.27 | +0.112% | $81K | $908K | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.92 | 0.000% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.72 | −0.064% | $111K | $545K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.30 | +0.122% | $172K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0121% | 4h | 313.18 | +0.083% | $52K | $290K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0132% / S +0.0137% | 1h | 312.88 | −0.012% | $419K | — | 100x | as long as short |
| Bulk TAO-USD | +0.0138% | 1h | 312.42 | −0.158% | $166K | $333 | 10x | as long as short |
| Aster TAOUSDT | +0.0153% | 4h | 313.17 | +0.080% | $1.3M | $10.5M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0224% | 8h | 313.48 | +0.180% | $14K | $1K | 10x | as long as short |
| Pacifica TAOshort | +0.0233% | 1h | 313.48 | +0.178% | $357K | $419K | 10x | |
| Popdex TAOUSDT | +0.0248% | 1h | 313.58 | +0.211% | $49K | $662K | 20x | as long as short |
| Nado TAO-PERP | +0.0254% | 1h | 313.33 | +0.132% | $779K | $2.2M | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0255% | 1h | 312.72 | −0.064% | $46K | $255K | 50x | as long as short |
| GRVT TAO_USDT_Perp | +0.0260% | 4h | 313.21 | +0.095% | $532K | $942K | 10x | as long as short |
| Kraken Futures PF_TAOUSDlong | +0.0305% | 1h | 312.92 | long leg | $5.5M | $20.7M | 50x | |
| Bullet TAO-USD | +0.0328% | 1h | 313.25 | +0.107% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.00 | +0.026% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0358% | 4h | 313.50 | +0.186% | — | $33.7M | — | as long as short |
| Phemex TAOUSDT | +0.0359% | 4h | 313.09 | +0.055% | $3.1M | $7.9M | 50x | as long as short |
| Variational Omni TAO | +0.0371% | 4h | 313.10 | +0.058% | $5.5M | $10.1M | — | as long as short |
| Bybit TAOUSDT | +0.0383% | 4h | 313.58 | +0.211% | $67.9M | $151.2M | 50x | as long as short |
| Extended TAO-USD | +0.0384% | 1h | 313.40 | +0.154% | $902K | $2.4M | 25x | as long as short |
| Arcus TAO-USD | +0.0483% | 1h | 313.71 | +0.253% | $101K | $370K | 5x | as long as short |
| Phoenix TAO | +0.0513% | 1h | 313.30 | +0.122% | $312K | $713K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0529% | 1h | 313.17 | +0.080% | $11K | $1.8M | 25x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 313.40 | +0.152% | $360 | — | 20x | as long as short |
| Hyperliquid TAO | +0.0705% | 1h | 313.49 | +0.182% | $91.8M | $108.4M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0776% | 1h | 313.94 | +0.326% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0827% | 1h | 313.24 | +0.103% | $311K | $885K | 10x | as long as short |
| Lighter TAO | +0.0888% | 1h | 313.63 | +0.229% | $1.5M | $6.5M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0928% | 1h | 313.67 | +0.240% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.0948% | 1h | 313.51 | +0.189% | $450K | $650K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3711% | 1h | 316.07 | +1.007% | $23K | $2K | 12x | as long as short |
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Bulk TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Popdex TAOUSDT
Nado TAO-PERP
ApeX Omni TAOUSDT
GRVT TAO_USDT_Perp
Bullet TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Phemex TAOUSDT
Variational Omni TAO
Bybit TAOUSDT
Extended TAO-USD
Arcus TAO-USD
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
Reya TAORUSDPERP
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Injective TAO/USDC PERP