Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −0.9% APRpaid last 24h −0.001%
Price spread now: KuCoin against Katana Perps−0.158%58s7-day average −0.017% · 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)−0.145%−$14 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.158%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.141% cheaper against Katana Perps than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.017%. The two prices were read 58 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 | 323.19 | 0.0109 | pay 0.0109% / 8h | 1h 23m | $1K | $1.0M | 5x |
| Short | KuCoin TAOUSDTM | 322.68 | 0.0100 | get 0.0050% / 4h | 1h 23m | $18.1M | $32.1M | 75x |
Katana Perps TAO-USD
KuCoin TAOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$1.79
- Price spread: −0.158% → −0.017%
- −$14.12
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$31.71
- Costs to cover
- 0.158%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; KuCoin: 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 KuCoin live order book, 5 min ago | 2.19 bp | 16.8 bp −$17 | 34.7 bp −$347 | 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 | −0.1995% | 1h | 319.47 | −1.151% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 322.36 | −0.257% | $129K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 321.77 | −0.441% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 323.21 | +0.006% | $44K | $705K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 322.80 | −0.121% | $26.9M | $130.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 322.80 | −0.121% | $14.4M | $52.0M | 50x | as long as short |
| KuCoin TAOUSDTMshort | +0.0100% | 4h | 322.68 | −0.158% | $18.1M | $32.1M | 75x | |
| Bitget TAOUSDT | +0.0100% | 4h | 322.39 | −0.248% | $36.2M | $58.1M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.82 | −1.043% | $45K | $259K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 323.05 | −0.043% | $86K | $1.2M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 323.02 | −0.053% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 322.50 | −0.213% | $117K | $598K | 20x | as long as short |
| Katana Perps TAO-USDlong | +0.0109% | 8h | 323.19 | long leg | $1K | $1.0M | 5x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0117% / S +0.0150% | 1h | 323.05 | −0.042% | $431K | — | 100x | as long as short |
| Orderly PERP_TAO_USDC | +0.0127% | 4h | 323.38 | +0.059% | $53K | $292K | 10x | as long as short |
| Aevo TAO-PERP | +0.0128% | 1h | 323.50 | +0.096% | $178K | $998 | 3x | as long as short |
| edgeX TAOUSDC | +0.0172% | 4h | 320.52 | −0.827% | $42K | $317K | 10x | as long as short |
| MEXC TAO_USDT | +0.0196% | 4h | 322.64 | −0.170% | $107.8M | $150.8M | 300x | as long as short |
| Binance TAOUSDT | +0.0210% | 4h | 322.60 | −0.183% | $93.4M | $528.3M | 75x | as long as short |
| Phemex TAOUSDT | +0.0249% | 4h | 323.05 | −0.043% | $3.3M | $8.1M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0290% | 8h | 322.95 | −0.074% | $15K | $1K | 10x | as long as short |
| BingX TAO-USDT | +0.0324% | 4h | 322.83 | −0.111% | — | $34.6M | — | as long as short |
| Bybit TAOUSDT | +0.0342% | 4h | 322.74 | −0.139% | $71.0M | $156.0M | 50x | as long as short |
| Aster TAOUSDT | +0.0372% | 4h | 322.88 | −0.096% | $1.3M | $10.9M | 50x | as long as short |
| Bullet TAO-USD | +0.0403% | 1h | 323.52 | +0.103% | $12K | $17K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0406% | 4h | 321.35 | −0.571% | $547K | $940K | 10x | as long as short |
| BloFin TAO-USDT | +0.0422% | 4h | 323.00 | −0.059% | $4.7M | $11.2M | 100x | as long as short |
| Extended TAO-USD | +0.0472% | 1h | 322.73 | −0.143% | $918K | $2.4M | 25x | as long as short |
| Nado TAO-PERP | +0.0511% | 1h | 323.20 | +0.004% | $803K | $2.0M | 10x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 322.77 | −0.131% | $367K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0538% | 4h | 322.25 | −0.291% | $5.7M | $10.2M | — | as long as short |
| Phoenix TAO | +0.0567% | 1h | 321.30 | −0.585% | $320K | $709K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 323.28 | +0.028% | $104K | $389K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0664% | 1h | 323.65 | +0.142% | $3K | $4K | 5x | as long as short |
| Hyperliquid TAO | +0.0667% | 1h | 322.93 | −0.080% | $95.4M | $109.9M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 322.16 | −0.318% | $370 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0750% | 1h | 323.22 | +0.009% | $301K | $905K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0792% | 1h | 323.35 | +0.048% | $15K | $1.9M | 25x | as long as short |
| Lighter TAO | +0.0800% | 1h | 322.94 | −0.076% | $1.6M | $6.8M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 323.67 | +0.149% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 323.03 | −0.048% | $463K | $666K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1142% | 1h | 323.36 | +0.053% | $6.0M | $21.8M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.44 | +0.077% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
GMX TAO/USD [WBTC.b-USDC]
Orderly PERP_TAO_USDC
Aevo TAO-PERP
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Phemex TAOUSDT
Paradex TAO-USD-PERP
BingX TAO-USDT
Bybit TAOUSDT
Aster TAOUSDT
Bullet TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Extended TAO-USD
Nado TAO-PERP
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Arcus TAO-USD
01 Exchange TAOUSD
Hyperliquid TAO
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Deribit TAO_USDC-PERPETUAL
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP