Funding you earn now, next payment 04:00 UTC−0.0265%/8h= −29.0% APRnext payment −$0.33 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against Pacifica−0.062%51s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.644%+$64 · spread now −0.062%, 7d avg +0.027%
=Together, before fees+0.634%+ Points / potential airdropPacifica: Active · farm board+$63 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.088% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.33 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 | Pacifica TAO | 315.19 | 0.0365 | pay 0.0046% / 1h | 16m 18s | $360K | $412K | 10x |
| Short | ApeX Omni TAOUSDT | 315.00 | 0.0100 | get 0.0013% / 1h | 16m 18s | $46K | $255K | 50x |
Pacifica TAO
ApeX Omni TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Pacifica. 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
- −$55.57
- Price spread: −0.062% → +0.027%
- −$8.83
- Slippage, 4 orders
- −$27.6
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$110.01
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 42 min ago; ApeX Omni: live order book, 40 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, 42 min ago | 3.49 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 40 min ago | 5.36 bp | 13.0 bp −$13 | 133.3 bp −$1,333 | 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 | 314.82 | −0.119% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.82 | −0.119% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 314.88 | −0.098% | $5.5M | $20.6M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.05 | −0.046% | $43K | $669K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0098% | 8h | 314.90 | −0.093% | $645 | $799K | 5x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.95 | −0.076% | $91.0M | $494.7M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 315.24 | +0.015% | $68.0M | $148.7M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.20 | +0.002% | $26.0M | $120.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.80 | −0.125% | $12.9M | $50.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.97 | −0.071% | $110.8M | $144.1M | 300x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Katana Perps TAO-USD
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.87 | −0.103% | $17.7M | $31.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.85 | −0.109% | $35.2M | $56.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 315.00 | −0.062% | — | $32.8M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.17 | −0.008% | $42K | $312K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 315.17 | −0.007% | $521K | $955K | 10x | as long as short |
| ApeX Omni TAOUSDTshort | +0.0100% | 1h | 315.00 | −0.062% | $46K | $255K | 50x | |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.84 | −0.112% | $77K | $859K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 315.03 | −0.052% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.95 | −0.077% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.31 | −0.280% | $109K | $535K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.74 | −0.144% | $3.2M | $8.1M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.22 | +0.008% | $173K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0132% | 4h | 314.99 | −0.065% | $56K | $266K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0146% / S +0.0121% | 1h | 314.84 | −0.112% | $428K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0159% | 8h | 315.06 | −0.043% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0185% | 4h | 314.92 | −0.087% | $1.2M | $10.4M | 50x | as long as short |
| Extended TAO-USD | +0.0200% | 1h | 314.91 | −0.089% | $923K | $2.4M | 25x | as long as short |
| Nado TAO-PERP | +0.0205% | 1h | 315.17 | −0.008% | $801K | $2.2M | 10x | as long as short |
| Hyperliquid TAO | +0.0267% | 1h | 315.09 | −0.033% | $92.7M | $106.5M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0288% | 1h | 315.21 | +0.005% | $25K | $1.7M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0320% | 1h | 315.15 | −0.014% | $3K | $4K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 315.30 | +0.034% | $4.6M | $10.9M | 100x | as long as short |
| Lighter TAO | +0.0344% | 1h | 315.23 | +0.010% | $1.5M | $6.5M | 5x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 315.34 | +0.046% | $99K | $438K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0346% | 1h | 315.51 | +0.100% | $316K | $913K | 10x | as long as short |
| Pacifica TAOlong | +0.0365% | 1h | 315.19 | long leg | $360K | $412K | 10x | |
| Variational Omni TAO | +0.0497% | 4h | 315.29 | +0.029% | $5.7M | $9.9M | — | as long as short |
| Phoenix TAO | +0.0581% | 1h | 315.40 | +0.065% | $314K | $697K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 314.86 | −0.106% | $362 | — | 20x | as long as short |
| Bulk TAO-USD | +0.0933% | 1h | 314.34 | −0.271% | $167K | $2K | 10x | as long as short |
| RISEx TAO/USDC | +0.0991% | 1h | 315.07 | −0.038% | $435K | $651K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 316.12 | +0.294% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 318.85 | +1.160% | $23K | $2K | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Aster TAOUSDT
Extended TAO-USD
Nado TAO-PERP
Hyperliquid TAO
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
BloFin TAO-USDT
Lighter TAO
Arcus TAO-USD
Backpack TAO_USDC_PERP
Variational Omni TAO
Phoenix TAO
Reya TAORUSDPERP
Bulk TAO-USD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP