Funding you earn now, next payment 12:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.002%
Price spread now: MEXC against Katana Perps+0.412%7-day average −0.020% · 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)−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.412%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.432% dearer against Katana Perps than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 4 days funding on this pair cost −0.146%, 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 | 317.98 | 0.0105 | pay 0.0105% / 8h | 7h 22m | $651 | $1.2M | 5x |
| Short | MEXC TAO_USDT | 319.29 | 0.0140 | get 0.0070% / 4h | 3h 22m | $108.5M | $153.1M | 300x |
Katana Perps TAO-USD
MEXC TAO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $7.3
- Price spread: +0.412% → −0.020%
- $43.2
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $46.7
- Costs to cover
- 0.038%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 0.47 bp | 2.2 bp −$2 | 5.2 bp −$52 | 22.3 bp −$2,227 | 89.6 bp −$44.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 318.70 | +0.225% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.25 | +0.085% | $51K | $697K | 20x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 319.45 | +0.462% | $69.8M | $155.5M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.40 | +0.447% | $26.6M | $131.2M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 315.14 | −0.893% | $167K | $0 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.00 | +0.321% | $15.2M | $50.0M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.27 | +0.406% | $17.5M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.05 | +0.336% | $36.0M | $57.2M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 313.76 | −1.327% | $45K | $256K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 318.00 | +0.006% | $87K | $1.1M | 5x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
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 | 318.90 | +0.289% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.91 | +0.292% | $116K | $574K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 319.07 | +0.343% | $3.2M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USDlong | +0.0105% | 8h | 317.98 | long leg | $651 | $1.2M | 5x | |
| Aevo TAO-PERP | +0.0112% | 1h | 318.96 | +0.310% | $175K | $998 | 3x | as long as short |
| edgeX TAOUSDC | +0.0136% | 4h | 313.92 | −1.276% | $41K | $321K | 10x | as long as short |
| MEXC TAO_USDTshort | +0.0140% | 4h | 319.29 | +0.412% | $108.5M | $153.1M | 300x | |
| BingX TAO-USDT | +0.0140% | 4h | 319.29 | +0.412% | — | $38.8M | — | as long as short |
| Binance TAOUSDT | +0.0153% | 4h | 319.17 | +0.375% | $92.9M | $524.0M | 75x | as long as short |
| GRVT TAO_USDT_Perp | +0.0208% | 4h | 313.72 | −1.338% | $531K | $838K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0229% | 4h | 319.09 | +0.349% | $54K | $297K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0237% | 8h | 317.76 | −0.069% | $14K | $876 | 10x | as long as short |
| dYdX TAO-USD | +0.0244% | 1h | 317.74 | −0.077% | $128K | $86K | 5x | as long as short |
| Bullet TAO-USD | +0.0283% | 1h | 319.14 | +0.365% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0317% | 4h | 319.15 | +0.368% | $1.2M | $11.2M | 50x | as long as short |
| Pacifica TAO | +0.0349% | 1h | 317.89 | −0.028% | $366K | $445K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0363% / S −0.0107% | 1h | 318.23 | +0.079% | $374K | — | 100x | as long as short |
| BloFin TAO-USDT | +0.0381% | 4h | 319.21 | +0.387% | $4.8M | $10.9M | 100x | as long as short |
| Extended TAO-USD | +0.0384% | 1h | 319.08 | +0.347% | $899K | $2.3M | 25x | as long as short |
| Arcus TAO-USD | +0.0404% | 1h | 318.51 | +0.167% | $100K | $360K | 5x | as long as short |
| Nado TAO-PERP | +0.0455% | 1h | 318.40 | +0.131% | $767K | $2.0M | 10x | as long as short |
| Hyperliquid TAO | +0.0542% | 1h | 319.66 | +0.528% | $94.3M | $108.7M | 5x | as long as short |
| Phoenix TAO | +0.0578% | 1h | 315.70 | −0.717% | $318K | $714K | 5x | as long as short |
| Variational Omni TAO | +0.0597% | 4h | 313.84 | −1.301% | $5.5M | $10.1M | — | as long as short |
| 01 Exchange TAOUSD | +0.0600% | 1h | 318.91 | +0.292% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0681% | 1h | 319.09 | +0.350% | $9K | $1.9M | 25x | as long as short |
| Lighter TAO | +0.0696% | 1h | 319.45 | +0.464% | $1.6M | $6.7M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 318.19 | +0.067% | $366 | — | 20x | as long as short |
| Backpack TAO_USDC_PERP | +0.0730% | 1h | 319.64 | +0.522% | $315K | $1.0M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0780% | 1h | 319.15 | +0.368% | $6.1M | $21.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.0840% | 1h | 318.31 | +0.105% | $453K | $706K | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 318.62 | +0.201% | $1.1M | $7.5M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.3512% | 1h | 317.77 | −0.066% | $23K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
edgeX TAOUSDC
BingX TAO-USDT
Binance TAOUSDT
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
Paradex TAO-USD-PERP
dYdX TAO-USD
Bullet TAO-USD
Aster TAOUSDT
Pacifica TAO
GMX TAO/USD [WBTC.b-USDC]
BloFin TAO-USDT
Extended TAO-USD
Arcus TAO-USD
Nado TAO-PERP
Hyperliquid TAO
Phoenix TAO
Variational Omni TAO
01 Exchange TAOUSD
Deribit TAO_USDC-PERPETUAL
Lighter TAO
Reya TAORUSDPERP
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP