Funding you earn now, next payment 02:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against Katana Perps+0.681%54s7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)+0.979%+$98 · spread now +0.681%, 7d avg +0.009%
=The price spread pays, funding is against you. ApeX Omni is 0.672% dearer against Katana Perps than usual: you sell high and buy low (spread +0.681% now, against its 7-day average of +0.009%): +$67 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 4 days (−0.148% in total) that is about 17 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 307.02 | 0.0116 | pay 0.0116% / 8h | 6h 40m | $688 | $680K | 5x |
| Short | ApeX Omni TAOUSDT | 309.11 | 0.0100 | get 0.0013% / 1h | 40m 31s | $46K | $268K | 50x |
Katana Perps TAO-USD
ApeX Omni TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Katana Perps. 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
- −$3.28
- Price spread: +0.681% → +0.009%
- $67.21
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $50.13
- Costs to cover
- 0.138%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; ApeX Omni: live order book, 26 min ago. Net counts fees only.
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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 26 min ago | 5.51 bp | 16.5 bp −$17 | 129.1 bp −$1,291 | doesn't fit | doesn't fit |
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 307.32 | +0.099% | $123K | $87K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 307.63 | +0.199% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 306.80 | −0.072% | $45K | $606K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 306.89 | −0.044% | $88.5M | $460.0M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 306.50 | −0.169% | $25.1M | $107.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 307.20 | +0.059% | $12.5M | $49.6M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 307.32 | +0.098% | $102.4M | $137.4M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 307.29 | +0.088% | $17.9M | $30.0M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 307.11 | +0.029% | $34.3M | $52.9M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 309.15 | +0.692% | $34K | $298K | 10x | as long as short |
dYdX 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 TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 309.02 | +0.652% | $515K | $967K | 10x | as long as short |
| ApeX Omni TAOUSDTshort | +0.0100% | 1h | 309.11 | +0.681% | $46K | $268K | 50x | |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 308.00 | +0.319% | $56K | $283K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 307.79 | +0.251% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 307.15 | +0.042% | $126K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 308.01 | +0.322% | $169K | $998 | 3x | as long as short |
| Katana Perps TAO-USDlong | +0.0116% | 8h | 307.02 | long leg | $688 | $680K | 5x | |
| Aster TAOUSDT | +0.0170% | 4h | 307.31 | +0.095% | $1.2M | $9.2M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0170% / S +0.0099% | 1h | 307.65 | +0.205% | $417K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0171% | 1h | 307.96 | +0.306% | $5.5M | $20.3M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0184% | 1h | 307.94 | +0.299% | $15K | $1.5M | 25x | as long as short |
| Bullet TAO-USD | +0.0229% | 1h | 307.93 | +0.296% | $12K | $17K | 20x | as long as short |
| Polymarket Perps TAO-USD | +0.0240% | 1h | 308.16 | +0.371% | $77K | $643K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0275% | 8h | 307.24 | +0.071% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 307.43 | +0.134% | $363K | $378K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 307.49 | +0.153% | $81K | $551K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.16 | +1.348% | $4.4M | $10.7M | 100x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 315.63 | +2.804% | $23K | $2K | 12x | as long as short |
| Phemex TAOUSDT | +0.0555% | 4h | 307.99 | +0.316% | $3.3M | $8.0M | 50x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 308.80 | +0.580% | $323K | $681K | 5x | as long as short |
| Nado TAO-PERP | +0.0591% | 1h | 306.54 | −0.157% | $746K | $2.1M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0640% | 1h | 307.16 | +0.046% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 308.09 | +0.350% | $354 | — | 20x | as long as short |
| Variational Omni TAO | +0.0734% | 4h | 308.15 | +0.367% | $5.3M | $8.9M | — | as long as short |
| BingX TAO-USDT | +0.0736% | 4h | 307.31 | +0.094% | — | $31.0M | — | as long as short |
| Bybit TAOUSDT | +0.0774% | 4h | 306.53 | −0.160% | $62.6M | $135.6M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0855% | 1h | 308.38 | +0.443% | $312K | $814K | 10x | as long as short |
| Extended TAO-USD | +0.0968% | 1h | 307.18 | +0.053% | $885K | $2.4M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 308.15 | +0.368% | $1.4M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 307.17 | +0.047% | $409K | $604K | 5x | as long as short |
| Hyperliquid TAO | +0.1250% | 1h | 308.17 | +0.373% | $97.6M | $93.2M | 5x | as long as short |
| Lighter TAO | +0.1384% | 1h | 307.78 | +0.248% | $1.6M | $6.0M | 5x | as long as short |
| Bulk TAO-USD | +0.3743% | 1h | 312.40 | +1.752% | $166K | $40K | 10x | as long as short |
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Aster TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Deribit TAO_USDC-PERPETUAL
Bullet TAO-USD
Polymarket Perps TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
Arcus TAO-USD
BloFin TAO-USDT
Injective TAO/USDC PERP
Phemex TAOUSDT
Phoenix TAO
Nado TAO-PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Variational Omni TAO
BingX TAO-USDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD