TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: Aevo against Pacifica+0.256%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$339as in the Funding arb table

Net, price: spread back to 7d avg − costs−$314as in the Price arb table

costs, in and out, $10k−$3373.369% of the position

Long on Pacifica Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.256%, 7d avg +0.031%

Together, before fees−0.208%+ Points / potential airdropPacifica: Active · farm board−$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.225% dearer against Pacifica than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TAO	311.05	0.0100	pay 0.0013% / 1h	27m 30s	$354K	$414K	10x
Short	Aevo TAO-PERP	311.85	0.0104	get 0.0013% / 1h	27m 30s	$171K	$998	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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 PacificabpFee AevobpOrdersPrice spread, now +0.256%Rate

Funding earned: $0.84
Price spread: +0.256% → +0.031%: $22.48
Slippage, 4 orders: −$312.91
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$313.59
Costs to cover: 3.369%
Break-even: 2620.2 days

Slippage from Pacifica: live order book, 26 min ago; Aevo: live order book, 26 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 Pacifica live order book, 26 min ago	2.22 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 26 min ago	76.45 bp	226.3 bp −$226	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
Kraken Futures PF_TAOUSD	−0.0348%	1h	311.73	+0.220%	$5.5M	$20.6M	50x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	311.51	+0.149%	$20K	—	150x	as long as short
dYdX TAO-USD	+0.0015%	1h	310.67	−0.124%	$124K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	310.85	−0.064%	$46K	$656K	20x	as long as short
Katana Perps TAO-USD	+0.0098%	8h	310.59	−0.148%	$2K	$837K	5x	as long as short
Pacifica TAOlong	+0.0100%	1h	311.05	long leg	$354K	$414K	10x
Binance TAOUSDT	+0.0100%	4h	310.81	−0.079%	$89.0M	$500.4M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	310.98	−0.023%	$66.9M	$150.3M	50x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	310.90	−0.048%	$25.9M	$120.3M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	310.50	−0.177%	$13.2M	$50.0M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	310.72	−0.106%	$101.7M	$144.8M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	310.71	−0.109%	$17.6M	$31.3M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	310.48	−0.183%	$34.7M	$56.4M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	310.73	−0.103%	—	$33.4M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	312.06	+0.323%	$41K	$312K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	311.97	+0.295%	$530K	$956K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	312.03	+0.315%	$46K	$254K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	311.78	+0.235%	$79K	$901K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	311.89	+0.269%	$11K	$18K	20x	as long as short
SunX TAO-USDT	+0.0100%	4h	311.59	+0.174%	$1K	$1.9M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	311.84	+0.254%	$109K	$539K	20x	as long as short
Aevo TAO-PERPshort	+0.0104%	1h	311.85	+0.256%	$171K	$998	3x
Aster TAOUSDT	+0.0114%	4h	310.71	−0.110%	$1.3M	$10.4M	50x	as long as short
Orderly PERP_TAO_USDC	+0.0117%	4h	311.78	+0.235%	$51K	$291K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0138% / S +0.0134%	1h	311.56	+0.163%	$414K	—	100x	as long as short
Paradex TAO-USD-PERP	+0.0138%	8h	310.82	−0.074%	$14K	$1K	10x	as long as short
Arcus TAO-USD	+0.0231%	1h	311.04	−0.003%	$101K	$397K	5x	as long as short
Phemex TAOUSDT	+0.0242%	4h	311.52	+0.151%	$3.2M	$8.0M	50x	as long as short
Bulk TAO-USD	+0.0264%	1h	312.41	+0.437%	$166K	$333	10x	as long as short
Extended TAO-USD	+0.0288%	1h	310.68	−0.118%	$909K	$2.4M	25x	as long as short
Variational Omni TAO	+0.0308%	4h	312.74	+0.543%	$5.5M	$10.0M	—	as long as short
BloFin TAO-USDT	+0.0340%	4h	311.95	+0.289%	$4.5M	$10.7M	100x	as long as short
Nado TAO-PERP	+0.0349%	1h	312.04	+0.319%	$791K	$2.2M	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0371%	1h	311.80	+0.241%	$17K	$1.8M	25x	as long as short
Hyperliquid TAO	+0.0453%	1h	311.71	+0.214%	$91.7M	$107.7M	5x	as long as short
Phoenix TAO	+0.0457%	1h	312.60	+0.498%	$311K	$711K	5x	as long as short
01 Exchange TAOUSD	+0.0480%	1h	310.97	−0.026%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0493%	1h	311.58	+0.170%	$310K	$885K	10x	as long as short
Lighter TAO	+0.0568%	1h	311.40	+0.113%	$1.5M	$6.5M	5x	as long as short
Reya TAORUSDPERP	+0.0697%	1h	311.88	+0.267%	$359	—	20x	as long as short
RISEx TAO/USDC	+0.0816%	1h	310.79	−0.085%	$442K	$657K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0952%	1h	312.46	+0.453%	$1.5M	$6.8M	50x	as long as short
Injective TAO/USDC PERP	+0.4092%	1h	314.53	+1.119%	$23K	$2K	12x	as long as short