TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h +0.010%

Price spread now: Paradex against Katana Perps+0.048%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Katana Perps Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Paradex is 0.048% dearer against Katana Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Katana Perps TAO-USD	320.66	0.0109	pay 0.0109% / 8h	1h 49m	$728	$985K	5x
Short	Paradex TAO-USD-PERP	320.81	0.0267	get 0.0267% / 8h	1h 49m	$15K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Katana PerpsbpFee ParadexbpOrdersPrice spread, now +0.048%Rate

Funding earned: $33.06
Price spread: +0.048% → 0.000%: $4.78
Slippage, 4 orders: no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $30.04
Costs to cover: 0.078%
Break-even: 0.6 days

Slippage unknown: Katana Perps: no order-book sample; Paradex: no order-book sample. 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 Paradex no order-book sample	—	—	—	—	—

Katana Perps and Paradex: 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	−0.2101%	1h	320.87	+0.065%	$170K	$333	10x	as long as short
dYdX TAO-USD	0.0000%	1h	320.82	+0.050%	$128K	$85K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0004%	1h	320.02	−0.198%	$21K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	320.58	−0.025%	$40K	$694K	20x	as long as short
OKX TAO-USDT-SWAP	+0.0100%	8h	320.40	−0.081%	$26.6M	$129.1M	50x	as long as short
Gate TAO_USDT	+0.0100%	4h	320.20	−0.143%	$14.2M	$51.3M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	320.24	−0.131%	$17.5M	$31.9M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	320.07	−0.184%	$36.0M	$58.0M	50x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	320.78	+0.037%	$45K	$258K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	320.32	−0.106%	$76K	$1.1M	5x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX TAO-USDT	+0.0100%	4h	321.99	+0.415%	$2K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	321.46	+0.249%	$118K	$585K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	321.73	+0.334%	$3.3M	$8.1M	50x	as long as short
Katana Perps TAO-USDlong	+0.0109%	8h	320.66	long leg	$728	$985K	5x
Aevo TAO-PERP	+0.0120%	1h	320.49	−0.053%	$176K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0122%	4h	320.39	−0.084%	$53K	$293K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0122% / S +0.0155%	1h	320.03	−0.196%	$433K	—	100x	as long as short
MEXC TAO_USDT	+0.0146%	4h	320.42	−0.075%	$105.2M	$149.4M	300x	as long as short
edgeX TAOUSDC	+0.0148%	4h	320.94	+0.088%	$42K	$316K	10x	as long as short
Binance TAOUSDT	+0.0153%	4h	320.38	−0.087%	$92.8M	$525.5M	75x	as long as short
Paradex TAO-USD-PERPshort	+0.0267%	8h	320.81	+0.048%	$15K	$1K	10x
Aster TAOUSDT	+0.0307%	4h	320.49	−0.053%	$1.3M	$10.9M	50x	as long as short
BingX TAO-USDT	+0.0366%	4h	320.39	−0.084%	—	$34.4M	—	as long as short
Bullet TAO-USD	+0.0371%	1h	320.45	−0.066%	$12K	$17K	20x	as long as short
Bybit TAOUSDT	+0.0385%	4h	320.48	−0.056%	$70.0M	$155.6M	50x	as long as short
BloFin TAO-USDT	+0.0388%	4h	321.61	+0.296%	$4.7M	$11.1M	100x	as long as short
GRVT TAO_USDT_Perp	+0.0424%	4h	322.11	+0.451%	$548K	$948K	10x	as long as short
Extended TAO-USD	+0.0488%	1h	320.64	−0.007%	$914K	$2.4M	25x	as long as short
Pacifica TAO	+0.0525%	1h	320.86	+0.063%	$365K	$423K	10x	as long as short
Variational Omni TAO	+0.0536%	4h	321.98	+0.411%	$5.6M	$10.2M	—	as long as short
Phoenix TAO	+0.0567%	1h	321.70	+0.324%	$320K	$709K	5x	as long as short
Nado TAO-PERP	+0.0617%	1h	321.21	+0.172%	$803K	$2.2M	10x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0633%	1h	321.92	+0.392%	$14K	$1.9M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0634%	1h	322.02	+0.424%	$320K	$899K	10x	as long as short
Arcus TAO-USD	+0.0641%	1h	320.88	+0.069%	$103K	$394K	5x	as long as short
Hyperliquid TAO	+0.0660%	1h	320.60	−0.019%	$94.8M	$109.9M	5x	as long as short
01 Exchange TAOUSD	+0.0664%	1h	320.69	+0.009%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	320.45	−0.067%	$369	—	20x	as long as short
Lighter TAO	+0.0920%	1h	321.05	+0.121%	$1.5M	$6.6M	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0944%	1h	322.95	+0.714%	$1.5M	$6.9M	50x	as long as short
RISEx TAO/USDC	+0.1077%	1h	320.68	+0.005%	$462K	$665K	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1146%	1h	322.08	+0.442%	$6.1M	$21.7M	50x	as long as short
Injective TAO/USDC PERP	+0.4723%	1h	328.25	+2.367%	$24K	$2K	12x	as long as short