Funding you earn now, next payment 04:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h −0.021%
Price spread now: GRVT against Katana Perps−0.356%54s7-day average −0.018% · 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)−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)+1.993%+$199 · spread now −0.356%, 7d avg −0.018%
=Together, before fees+1.824%+ Points / potential airdropGRVT: Active · farm board+$182 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.337% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.356% now, against its 7-day average of −0.018%). If the spread goes back, that is −$34 on $10k: about 15 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.170%, so the current rate has only just turned in your favour. 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 | 317.97 | 0.0115 | pay 0.0115% / 8h | 6h 02m | $676 | $728K | 5x |
| Short | GRVT TAO_USDT_Perp | 316.84 | 0.0192 | get 0.0096% / 4h | 2h 02m | $527K | $957K | 10x |
Katana Perps TAO-USD
GRVT TAO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $16.13
- Price spread: −0.356% → −0.018%
- −$33.73
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$30.4
- Costs to cover
- 0.128%
- Break-even
- 20.2 days
Slippage unknown: Katana Perps: no order-book sample; GRVT: live order book, 1 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 GRVT live order book, 1 min ago | 2.21 bp | 9.5 bp −$10 | 14.8 bp −$148 | 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 42 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 | −0.0185% | 1h | 315.28 | −0.846% | $167K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 317.09 | −0.276% | $127K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 317.43 | −0.171% | $10K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.01 | +0.013% | $44K | $645K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 317.69 | −0.087% | $91.6M | $466.4M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.50 | −0.148% | $26.3M | $114.7M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.50 | −0.148% | $13.0M | $51.0M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 317.73 | −0.075% | $103.8M | $140.8M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.68 | −0.091% | $18.0M | $30.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.46 | −0.160% | $35.4M | $53.4M | 50x | as long as short |
Bulk TAO-USD
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 TAOUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 316.38 | −0.501% | $36K | $300K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.80 | −0.053% | $77K | $720K | 5x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 317.77 | −0.063% | $58K | $282K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 317.57 | −0.126% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 317.75 | −0.069% | $130K | $471K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 317.49 | −0.151% | $3.4M | $7.9M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 318.09 | +0.038% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USDlong | +0.0115% | 8h | 317.97 | long leg | $676 | $728K | 5x | |
| ApeX Omni TAOUSDT | +0.0149% | 1h | 316.28 | −0.531% | $47K | $253K | 50x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0166% / S +0.0103% | 1h | 317.55 | −0.131% | $432K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0166% | 1h | 317.56 | −0.129% | $5.6M | $20.5M | 50x | as long as short |
| GRVT TAO_USDT_Perpshort | +0.0192% | 4h | 316.84 | −0.356% | $527K | $957K | 10x | |
| Bullet TAO-USD | +0.0226% | 1h | 317.82 | −0.047% | $12K | $18K | 20x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 317.51 | −0.144% | $370K | $396K | 10x | as long as short |
| Aster TAOUSDT | +0.0286% | 4h | 317.73 | −0.075% | $1.2M | $9.3M | 50x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 318.09 | +0.038% | $100K | $489K | 5x | as long as short |
| Paradex TAO-USD-PERP | +0.0359% | 8h | 317.62 | −0.110% | $14K | $1K | 10x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 321.23 | +1.025% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0531% | 1h | 317.71 | −0.081% | $759K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 317.40 | −0.179% | $333K | $681K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0627% | 1h | 317.85 | −0.039% | $14K | $1.6M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0656% | 1h | 318.11 | +0.044% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 317.91 | −0.019% | $366 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0720% | 4h | 317.68 | −0.091% | — | $30.9M | — | as long as short |
| Bybit TAOUSDT | +0.0724% | 4h | 317.82 | −0.047% | $67.4M | $138.1M | 50x | as long as short |
| Variational Omni TAO | +0.0857% | 4h | 316.54 | −0.450% | $6.1M | $9.5M | — | as long as short |
| Extended TAO-USD | +0.0896% | 1h | 317.69 | −0.089% | $905K | $2.3M | 25x | as long as short |
| Backpack TAO_USDC_PERP | +0.0920% | 1h | 317.80 | −0.053% | $321K | $806K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 318.74 | +0.242% | $1.5M | $6.5M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 317.99 | +0.005% | $450K | $626K | 5x | as long as short |
| Hyperliquid TAO | +0.1342% | 1h | 317.95 | −0.006% | $100.1M | $97.2M | 5x | as long as short |
| Lighter TAO | +0.1368% | 1h | 318.01 | +0.013% | $1.6M | $6.1M | 5x | as long as short |
edgeX TAOUSDC
Polymarket Perps TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
ApeX Omni TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Bullet TAO-USD
Pacifica TAO
Aster TAOUSDT
Arcus TAO-USD
Paradex TAO-USD-PERP
Injective TAO/USDC PERP
Nado TAO-PERP
Phoenix TAO
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Bybit TAOUSDT
Variational Omni TAO
Extended TAO-USD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO