Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Katana Perps+0.026%7-day average −0.054% · 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)−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.026%, 7d avg −0.054%
=The price spread pays, funding is against you. OKX is 0.080% dearer against Katana Perps than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.054%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 17 days. At the pace of the last 4 days (−0.150% in total) that is about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 307.02 | 0.0116 | pay 0.0116% / 8h | 6h 40m | $688 | $680K | 5x |
| Short | OKX TAO-USDT-SWAP | 307.10 | 0.0100 | get 0.0100% / 8h | 6h 40m | $25.1M | $107.9M | 50x |
Katana Perps TAO-USD
OKX TAO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$3.28
- Price spread: +0.026% → −0.054%
- $8.04
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$9.04
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago | 1.62 bp | 10.5 bp −$10 | 19.0 bp −$190 | 52.9 bp −$5,291 | 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 | 307.32 | +0.099% | $123K | $87K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 306.43 | −0.192% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 306.80 | −0.072% | $45K | $606K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 306.74 | −0.091% | $88.5M | $460.3M | 75x | as long as short |
| OKX TAO-USDT-SWAPshort | +0.0100% | 8h | 307.10 | +0.026% | $25.1M | $107.9M | 50x | |
| Gate TAO_USDT | +0.0100% | 4h | 306.50 | −0.169% | $12.5M | $49.7M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 306.51 | −0.166% | $102.7M | $137.6M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 306.74 | −0.091% | $17.8M | $30.0M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 306.44 | −0.189% | $34.3M | $53.0M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 309.15 | +0.692% | $34K | $298K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 309.02 | +0.652% | $515K | $967K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 309.11 | +0.681% | $46K | $268K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 307.02 | 0.000% | $56K | $283K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 307.79 | +0.251% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 307.15 | +0.042% | $126K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 307.33 | +0.101% | $169K | $998 | 3x | as long as short |
| Katana Perps TAO-USDlong | +0.0116% | 8h | 307.02 | long leg | $688 | $680K | 5x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0170% / S +0.0102% | 1h | 306.38 | −0.210% | $412K | — | 100x | as long as short |
| Aster TAOUSDT | +0.0170% | 4h | 307.22 | +0.064% | $1.2M | $9.2M | 50x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0171% | 1h | 307.96 | +0.306% | $5.5M | $20.3M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0184% | 1h | 307.94 | +0.299% | $15K | $1.5M | 25x | as long as short |
| Polymarket Perps TAO-USD | +0.0206% | 1h | 306.64 | −0.124% | $76K | $643K | 5x | as long as short |
| Bullet TAO-USD | +0.0218% | 1h | 306.70 | −0.105% | $12K | $17K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0275% | 8h | 307.24 | +0.071% | $14K | $1K | 10x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 307.43 | +0.134% | $363K | $378K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 307.49 | +0.153% | $81K | $551K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.16 | +1.348% | $4.4M | $10.7M | 100x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 315.63 | +2.804% | $23K | $2K | 12x | as long as short |
| Phemex TAOUSDT | +0.0555% | 4h | 307.99 | +0.316% | $3.3M | $8.0M | 50x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 308.80 | +0.580% | $323K | $681K | 5x | as long as short |
| Nado TAO-PERP | +0.0591% | 1h | 306.54 | −0.157% | $746K | $2.1M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0640% | 1h | 307.16 | +0.046% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 306.58 | −0.143% | $353 | — | 20x | as long as short |
| Variational Omni TAO | +0.0734% | 4h | 308.15 | +0.367% | $5.3M | $8.9M | — | as long as short |
| BingX TAO-USDT | +0.0736% | 4h | 306.95 | −0.023% | — | $31.0M | — | as long as short |
| Bybit TAOUSDT | +0.0774% | 4h | 307.18 | +0.052% | $62.7M | $135.7M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0855% | 1h | 308.38 | +0.443% | $312K | $814K | 10x | as long as short |
| Extended TAO-USD | +0.0968% | 1h | 307.18 | +0.053% | $885K | $2.4M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 308.15 | +0.368% | $1.4M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 307.17 | +0.047% | $409K | $604K | 5x | as long as short |
| Hyperliquid TAO | +0.1241% | 1h | 306.84 | −0.059% | $97.1M | $93.3M | 5x | as long as short |
| Lighter TAO | +0.1384% | 1h | 307.78 | +0.248% | $1.6M | $6.0M | 5x | as long as short |
| Bulk TAO-USD | +0.3743% | 1h | 312.40 | +1.752% | $166K | $40K | 10x | as long as short |
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
Aster TAOUSDT
Kraken Futures PF_TAOUSD
Deribit TAO_USDC-PERPETUAL
Polymarket Perps TAO-USD
Bullet TAO-USD
Paradex TAO-USD-PERP
Pacifica TAO
Arcus TAO-USD
BloFin TAO-USDT
Injective TAO/USDC PERP
Phemex TAOUSDT
Phoenix TAO
Nado TAO-PERP
01 Exchange TAOUSD
Reya TAORUSDPERP
Variational Omni TAO
BingX TAO-USDT
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD