Funding you earn now, next payment 04:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h +0.063%
Price spread now: Extended against Katana Perps+0.043%7-day average −0.070% · 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)−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.043%, 7d avg −0.070%
=Together, before fees−0.326%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.112% dearer against Katana Perps than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.070%. Mind the row above: over the last 4 days funding on this pair cost −0.064%, 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 | 315.15 | 0.0098 | pay 0.0098% / 8h | 4h 24m | $645 | $795K | 5x |
| Short | Extended TAO-USD | 315.28 | 0.0224 | get 0.0028% / 1h | 24m 25s | $922K | $2.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $26.52
- Price spread: +0.043% → −0.070%
- $11.24
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $28.96
- Costs to cover
- 0.088%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; Extended: 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 Extended live order book, 4 min ago | 3.00 bp | 7.3 bp −$7 | 10.0 bp −$100 | 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 | 315.28 | +0.042% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 315.32 | +0.054% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 315.02 | −0.042% | $5.5M | $20.7M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 315.50 | +0.111% | $43K | $668K | 20x | as long as short |
| Katana Perps TAO-USDlong | +0.0098% | 8h | 315.15 | long leg | $645 | $795K | 5x | |
| Binance TAOUSDT | +0.0100% | 4h | 315.44 | +0.092% | $91.1M | $494.1M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 315.54 | +0.124% | $68.1M | $148.5M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 315.40 | +0.079% | $26.0M | $120.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 315.20 | +0.016% | $13.0M | $50.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 315.37 | +0.070% | $110.7M | $144.0M | 300x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 315.27 | +0.038% | $17.7M | $31.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 315.24 | +0.029% | $35.2M | $56.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 315.38 | +0.073% | — | $32.9M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 314.73 | −0.133% | $42K | $311K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.20 | −0.302% | $520K | $955K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 314.96 | −0.060% | $46K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 315.26 | +0.035% | $77K | $859K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 315.44 | +0.091% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 315.00 | −0.048% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.70 | −0.143% | $110K | $534K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 315.01 | −0.044% | $3.2M | $8.1M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.47 | +0.102% | $173K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0131% | 4h | 315.37 | +0.070% | $57K | $273K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0148% / S +0.0125% | 1h | 315.24 | +0.030% | $420K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0167% | 8h | 315.56 | +0.129% | $14K | $1K | 10x | as long as short |
| Nado TAO-PERP | +0.0191% | 1h | 315.41 | +0.082% | $802K | $2.2M | 10x | as long as short |
| Aster TAOUSDT | +0.0192% | 4h | 315.22 | +0.021% | $1.2M | $10.3M | 50x | as long as short |
| Extended TAO-USDshort | +0.0224% | 1h | 315.28 | +0.043% | $922K | $2.4M | 25x | |
| Hyperliquid TAO | +0.0256% | 1h | 315.63 | +0.152% | $92.9M | $106.4M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0277% | 1h | 315.18 | +0.011% | $35K | $1.7M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0296% | 1h | 315.68 | +0.168% | $3K | $4K | 5x | as long as short |
| Lighter TAO | +0.0304% | 1h | 315.54 | +0.123% | $1.5M | $6.5M | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.99 | −0.051% | $4.5M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 315.65 | +0.159% | $99K | $438K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0347% | 1h | 315.29 | +0.044% | $316K | $913K | 10x | as long as short |
| Pacifica TAO | +0.0365% | 1h | 315.32 | +0.054% | $360K | $412K | 10x | as long as short |
| Variational Omni TAO | +0.0526% | 4h | 314.38 | −0.245% | $5.7M | $9.9M | — | as long as short |
| Phoenix TAO | +0.0581% | 1h | 316.30 | +0.365% | $315K | $697K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 315.41 | +0.084% | $363 | — | 20x | as long as short |
| Bulk TAO-USD | +0.0933% | 1h | 314.34 | −0.257% | $167K | $2K | 10x | as long as short |
| RISEx TAO/USDC | +0.0991% | 1h | 315.51 | +0.116% | $437K | $650K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 314.58 | −0.181% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 318.85 | +1.174% | $23K | $2K | 12x | as long as short |
Katana Perps TAO-USD
Extended TAO-USD
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Binance TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Aster TAOUSDT
Hyperliquid TAO
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
Lighter TAO
BloFin TAO-USDT
Backpack TAO_USDC_PERP
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Bulk TAO-USD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP