Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h 0.000%
Price spread now: Gate against Katana Perps+0.166%7-day average −0.055% · 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)−0.150%−$15 · spread now +0.166%, 7d avg −0.055%
=The price spread pays, funding is against you. Gate is 0.221% dearer against Katana Perps than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of −0.055%): +$22 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 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 313.28 | 0.0110 | pay 0.0110% / 8h | 48m 38s | $959 | $536K | 5x |
| Short | Gate TAO_USDT | 313.80 | 0.0100 | get 0.0050% / 4h | 48m 38s | $12.5M | $48.8M | 50x |
Katana Perps TAO-USD
Gate TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.06
- Price spread: +0.166% → −0.055%
- $22.12
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $1.26
- Costs to cover
- 0.188%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago | 1.60 bp | 16.9 bp −$17 | 38.3 bp −$383 | 70.3 bp −$7,026 | 117.1 bp −$58.6K |
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 | +0.234% | $168K | $48K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 313.68 | +0.127% | $125K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 313.65 | +0.117% | $21K | — | 150x | as long as short |
| Injective TAO/USDC PERP | +0.0033% | 1h | 314.39 | +0.354% | $23K | $260 | 12x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.14 | −0.045% | $40K | $549K | 20x | as long as short |
| Pacifica TAO | +0.0100% | 1h | 313.65 | +0.118% | $371K | $372K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.59 | +0.099% | $88.8M | $421.9M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 313.51 | +0.073% | $61.3M | $123.2M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.40 | +0.038% | $25.2M | $99.9M | 50x | as long as short |
| Gate TAO_USDTshort | +0.0100% | 4h | 313.80 | +0.166% | $12.5M | $48.8M | 50x |
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-SWAPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TAO_USDT | +0.0100% | 4h | 313.62 | +0.109% | $120.9M | $126.3M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.62 | +0.109% | $19.1M | $27.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.41 | +0.041% | $35.1M | $46.2M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 314.01 | +0.233% | — | $30.3M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.44 | +0.051% | $41K | $280K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.12 | +0.267% | $519K | $950K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 313.37 | +0.029% | $47K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 313.79 | +0.163% | $60K | $276K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.70 | +0.134% | $2K | $1.8M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.02 | +0.236% | $128K | $394K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 313.79 | +0.163% | $3.3M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.00 | +0.230% | $172K | $998 | 3x | as long as short |
| Polymarket Perps TAO-USD | +0.0105% | 1h | 313.49 | +0.067% | $77K | $524K | 5x | as long as short |
| Katana Perps TAO-USDlong | +0.0110% | 8h | 313.28 | long leg | $959 | $536K | 5x | |
| Bullet TAO-USD | +0.0134% | 1h | 313.88 | +0.190% | $11K | $17K | 20x | as long as short |
| Variational Omni TAO | +0.0173% | 4h | 313.59 | +0.098% | $3.8M | $6.9M | — | as long as short |
| Paradex TAO-USD-PERP | +0.0186% | 8h | 313.51 | +0.073% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0186% | 1h | 313.92 | +0.204% | $83K | $626K | 5x | as long as short |
| Aster TAOUSDT | +0.0212% | 4h | 313.73 | +0.145% | $1.1M | $7.8M | 50x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.07 | +0.252% | $4.3M | $9.8M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0391% | 1h | 313.90 | +0.198% | $19K | $1.4M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0447% | 1h | 313.97 | +0.222% | $5.8M | $19.8M | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0476% / S −0.0175% | 1h | 313.59 | +0.099% | $449K | — | 100x | as long as short |
| Nado TAO-PERP | +0.0496% | 1h | 313.12 | −0.052% | $838K | $2.0M | 10x | as long as short |
| Phoenix TAO | +0.0537% | 1h | 312.70 | −0.185% | $334K | $521K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0575% | 1h | 314.22 | +0.300% | $301K | $798K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 313.38 | +0.032% | $360 | — | 20x | as long as short |
| Extended TAO-USD | +0.0824% | 1h | 313.94 | +0.211% | $864K | $2.1M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0840% | 1h | 313.52 | +0.077% | $3K | $4K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0960% | 1h | 314.34 | +0.338% | $1.5M | $5.7M | 50x | as long as short |
| RISEx TAO/USDC | +0.1238% | 1h | 313.37 | +0.027% | $431K | $536K | 5x | as long as short |
| Lighter TAO | +0.1544% | 1h | 313.95 | +0.214% | $1.6M | $5.8M | 5x | as long as short |
| Hyperliquid TAO | +0.2182% | 1h | 314.58 | +0.415% | $98.5M | $82.8M | 5x | as long as short |
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Polymarket Perps TAO-USD
Bullet TAO-USD
Variational Omni TAO
Paradex TAO-USD-PERP
Arcus TAO-USD
Aster TAOUSDT
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
GMX TAO/USD [WBTC.b-USDC]
Nado TAO-PERP
Phoenix TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Extended TAO-USD
01 Exchange TAOUSD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO