Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h 0.000%
Price spread now: BingX against Katana Perps+0.284%7-day average −0.028% · 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)−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.284%, 7d avg −0.028%
=The price spread pays, funding is against you. BingX is 0.312% dearer against Katana Perps than usual: you sell high and buy low (spread +0.284% now, against its 7-day average of −0.028%): +$31 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 4 days (−0.143% in total) that is about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 313.06 | 0.0110 | pay 0.0110% / 8h | 43m 10s | $829 | $539K | 5x |
| Short | BingX TAO-USDT | 313.95 | 0.0100 | get 0.0050% / 4h | 43m 10s | — | $30.2M | — |
Katana Perps TAO-USD
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$2.15
- Price spread: +0.284% → −0.028%
- $31.19
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $15.25
- Costs to cover
- 0.138%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; BingX: live order book, 11 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 BingX live order book, 11 min ago | 0.48 bp | 7.1 bp −$7 | 11.1 bp −$111 | 30.8 bp −$3,081 | 59.5 bp −$29.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.4722% | 1h | 314.01 | +0.304% | $168K | $48K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 313.08 | +0.006% | $125K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 313.05 | −0.004% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 314.39 | +0.425% | $23K | $260 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.18 | +0.038% | $40K | $551K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 313.23 | +0.055% | $371K | $372K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.74 | +0.216% | $88.7M | $424.5M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 313.90 | +0.268% | $61.5M | $123.8M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.80 | +0.236% | $25.1M | $100.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.50 | +0.141% | $12.7M | $49.2M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Injective TAO/USDC PERP
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 313.80 | +0.236% | $120.2M | $127.4M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.08 | +0.006% | $19.0M | $27.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.76 | +0.224% | $35.0M | $46.4M | 50x | as long as short |
| BingX TAO-USDTshort | +0.0100% | 4h | 313.95 | +0.284% | — | $30.2M | — | |
| edgeX TAOUSDC | +0.0100% | 4h | 312.83 | −0.072% | $40K | $281K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 313.31 | +0.081% | $528K | $948K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 313.10 | +0.013% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.56 | +0.160% | $1K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.16 | +0.032% | $128K | $395K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 313.58 | +0.166% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 313.32 | +0.083% | $172K | $998 | 3x | as long as short |
| Katana Perps TAO-USDlong | +0.0110% | 8h | 313.06 | long leg | $829 | $539K | 5x | |
| Polymarket Perps TAO-USD | +0.0146% | 1h | 313.56 | +0.160% | $77K | $521K | 5x | as long as short |
| Bullet TAO-USD | +0.0147% | 1h | 313.49 | +0.139% | $11K | $17K | 20x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 313.43 | +0.118% | $83K | $626K | 5x | as long as short |
| Variational Omni TAO | +0.0188% | 4h | 313.49 | +0.136% | $3.9M | $7.0M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0189% | 8h | 313.13 | +0.023% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0208% | 4h | 313.32 | +0.084% | $1.1M | $7.9M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0226% | 1h | 312.79 | −0.086% | $47K | $270K | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0339% | 1h | 313.12 | +0.018% | $19K | $1.4M | 25x | as long as short |
| BloFin TAO-USDT | +0.0351% | 4h | 312.54 | −0.166% | $4.3M | $10.2M | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0448% | 1h | 313.66 | +0.192% | $5.8M | $19.9M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0475% / S −0.0175% | 1h | 313.09 | +0.008% | $449K | — | 100x | as long as short |
| Nado TAO-PERP | +0.0529% | 1h | 313.15 | +0.028% | $834K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 312.60 | −0.147% | $327K | $521K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0578% | 1h | 314.00 | +0.300% | $301K | $799K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 313.40 | +0.108% | $360 | — | 20x | as long as short |
| 01 Exchange TAOUSD | +0.0792% | 1h | 313.44 | +0.121% | $3K | $4K | 5x | as long as short |
| Extended TAO-USD | +0.0880% | 1h | 313.02 | −0.011% | $863K | $2.1M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 313.92 | +0.275% | $1.5M | $5.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 313.38 | +0.104% | $431K | $536K | 5x | as long as short |
| Lighter TAO | +0.1432% | 1h | 314.17 | +0.356% | $1.6M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.2048% | 1h | 314.39 | +0.425% | $97.9M | $83.3M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Polymarket Perps TAO-USD
Bullet TAO-USD
Arcus TAO-USD
Variational Omni TAO
Paradex TAO-USD-PERP
Aster TAOUSDT
ApeX Omni TAOUSDT
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERP
Phoenix TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
01 Exchange TAOUSD
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO