Funding you earn now, next payment 01:00 UTC+0.0142%/8h= +15.6% APRpaid last 24h −0.007%
Price spread now: Deribit against Katana Perps−0.061%7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.181%−$18 on $10k
+Price spread, last 3 days (all we have)+0.183%+$18 · spread now −0.061%, 7d avg −0.001%
=Funding pays, the price is against you. Deribit is 0.060% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.001%). If the spread goes back, that is −$6 on $10k: about 34 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 4 days funding on this pair cost −0.181%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 319.81 | 0.0121 | pay 0.0121% / 8h | 7h 35m | $1K | $615K | 5x |
| Short | Deribit TAO_USDC-PERPETUAL | 319.61 | 0.0263 | get 0.0033% / 1h | 35m 08s | $18K | $1.6M | 25x |
Katana Perps TAO-USD
Deribit TAO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $29.91
- Price spread: −0.061% → −0.001%
- −$6
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $13.11
- Costs to cover
- 0.108%
- Break-even
- 3.9 days
Slippage unknown: Katana Perps: no order-book sample; Deribit: live order book, 4 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 Deribit live order book, 4 min ago | 12.00 bp | 15.8 bp −$16 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.1322% | 1h | 319.84 | +0.009% | $170K | $44K | 10x | as long as short |
| Phemex TAOUSDT | −0.0525% | 4h | 319.48 | −0.103% | $3.4M | $7.9M | 50x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.00 | −0.253% | $128K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 319.05 | −0.238% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.60 | −0.066% | $42K | $587K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 319.63 | −0.055% | $92.1M | $445.7M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.80 | −0.003% | $26.1M | $108.6M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.50 | −0.097% | $13.0M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 319.69 | −0.038% | $107.7M | $134.1M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.62 | −0.059% | $18.2M | $29.1M | 75x | as long as short |
Bulk TAO-USD
Phemex TAOUSDT
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTMShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TAOUSDT | +0.0100% | 4h | 319.59 | −0.069% | $35.6M | $50.2M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 318.20 | −0.502% | $40K | $292K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.52 | −1.028% | $524K | $960K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 319.60 | −0.066% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 319.21 | −0.188% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.94 | +0.041% | $128K | $424K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 319.99 | +0.056% | $176K | $998 | 3x | as long as short |
| Katana Perps TAO-USDlong | +0.0121% | 8h | 319.81 | long leg | $1K | $615K | 5x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0174% / S +0.0089% | 1h | 319.09 | −0.226% | $463K | — | 100x | as long as short |
| Bullet TAO-USD | +0.0175% | 1h | 319.24 | −0.178% | $12K | $18K | 20x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 319.59 | −0.068% | $378K | $374K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 319.91 | +0.031% | $85K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0237% | 4h | 319.51 | −0.093% | $1.1M | $8.3M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0240% | 8h | 319.10 | −0.221% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUALshort | +0.0263% | 1h | 319.61 | −0.061% | $18K | $1.6M | 25x | |
| Polymarket Perps TAO-USD | +0.0330% | 1h | 319.75 | −0.019% | $94K | $638K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 319.99 | +0.056% | $4.5M | $10.9M | 100x | as long as short |
| ApeX Omni TAOUSDT | +0.0344% | 1h | 319.23 | −0.181% | $48K | $266K | 50x | as long as short |
| Bybit TAOUSDT | +0.0385% | 4h | 319.99 | +0.056% | $65.7M | $132.7M | 50x | as long as short |
| Variational Omni TAO | +0.0398% | 4h | 320.33 | +0.161% | $5.6M | $8.7M | — | as long as short |
| BingX TAO-USDT | +0.0428% | 4h | 319.77 | −0.013% | — | $30.5M | — | as long as short |
| Kraken Futures PF_TAOUSD | +0.0480% | 1h | 319.57 | −0.075% | $5.8M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 317.50 | −0.722% | $332K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 319.79 | −0.006% | $23K | $666 | 12x | as long as short |
| 01 Exchange TAOUSD | +0.0672% | 1h | 320.20 | +0.122% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 319.24 | −0.177% | $367 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0772% | 1h | 319.34 | −0.148% | $889K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0894% | 1h | 319.95 | +0.044% | $323K | $819K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 320.02 | +0.066% | $1.5M | $6.2M | 50x | as long as short |
| Extended TAO-USD | +0.1128% | 1h | 319.70 | −0.035% | $936K | $2.2M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 319.85 | +0.011% | $425K | $600K | 5x | as long as short |
| Lighter TAO | +0.1488% | 1h | 320.16 | +0.111% | $1.7M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.2377% | 1h | 320.13 | +0.100% | $103.4M | $90.7M | 5x | as long as short |
Bitget TAOUSDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Bullet TAO-USD
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Polymarket Perps TAO-USD
BloFin TAO-USDT
ApeX Omni TAOUSDT
Bybit TAOUSDT
Variational Omni TAO
BingX TAO-USDT
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO