Funding you earn now, next payment 01:00 UTC+0.1020%/8h= +111.7% APRpaid last 24h +0.111%
Price spread now: RISEx against Katana Perps−0.162%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.276%+$28 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.162%, 7d avg −0.008%
=Funding pays, the price is against you. RISEx is 0.154% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.008%). If the spread goes back, that is −$15 on $10k: about 12 hours of funding at the current rate (+$31 a day). At the pace of the last 3 days (+0.276% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.276% in total (about 29.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 314.92 | 0.0120 | pay 0.0120% / 8h | 7h 02m | $644 | $648K | 5x |
| Short | RISEx TAO/USDC | 314.41 | 0.1141 | get 0.0143% / 1h | 2m 42s | $417K | $602K | 5x |
Katana Perps TAO-USD
RISEx TAO/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $214.26
- Price spread: −0.162% → −0.008%
- −$15.4
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $189.06
- Costs to cover
- 0.098%
- Break-even
- 0.8 days
Slippage unknown: Katana Perps: no order-book sample; RISEx: live order book, 6 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 RISEx live order book, 6 min ago | 1.26 bp | 4.3 bp −$4 | 27.3 bp −$273 | 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 | −0.1228% | 1h | 316.14 | +0.387% | $168K | $40K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 314.65 | −0.087% | $126K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0002% | 1h | 314.56 | −0.114% | $14K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.85 | −0.022% | $43K | $605K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 314.70 | −0.069% | $90.2M | $452.6M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.50 | −0.133% | $25.6M | $108.5M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.30 | −0.197% | $12.8M | $51.3M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.63 | −0.092% | $99.8M | $137.5M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 314.55 | −0.117% | $18.3M | $29.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.26 | −0.210% | $35.0M | $51.7M | 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 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 317.06 | +0.678% | $40K | $294K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 316.35 | +0.454% | $524K | $958K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 314.92 | 0.000% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.86 | −0.019% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 315.14 | +0.070% | $126K | $422K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 315.22 | +0.095% | $173K | $998 | 3x | as long as short |
| Bullet TAO-USD | +0.0106% | 1h | 314.59 | −0.105% | $12K | $17K | 20x | as long as short |
| ApeX Omni TAOUSDT | +0.0117% | 1h | 316.47 | +0.492% | $48K | $267K | 50x | as long as short |
| Katana Perps TAO-USDlong | +0.0120% | 8h | 314.92 | long leg | $644 | $648K | 5x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0172% / S +0.0102% | 1h | 314.37 | −0.174% | $446K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 314.74 | −0.057% | $373K | $376K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 314.57 | −0.111% | $83K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0204% | 4h | 315.43 | +0.163% | $1.3M | $8.9M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0237% | 8h | 314.44 | −0.153% | $14K | $1K | 10x | as long as short |
| Polymarket Perps TAO-USD | +0.0255% | 1h | 314.68 | −0.076% | $92K | $633K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.26 | −0.210% | $4.4M | $10.7M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0370% | 1h | 314.85 | −0.023% | $17K | $1.5M | 25x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0487% | 1h | 314.57 | −0.112% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 317.00 | +0.660% | $332K | $624K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0560% | 1h | 315.19 | +0.086% | $3K | $4K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 320.46 | +1.759% | $23K | $2K | 12x | as long as short |
| Variational Omni TAO | +0.0571% | 4h | 316.78 | +0.589% | $5.5M | $8.7M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 314.46 | −0.146% | $362 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0704% | 4h | 314.46 | −0.146% | — | $30.7M | — | as long as short |
| Phemex TAOUSDT | +0.0706% | 4h | 314.49 | −0.137% | $3.4M | $7.8M | 50x | as long as short |
| Bybit TAOUSDT | +0.0752% | 4h | 314.72 | −0.064% | $64.8M | $133.9M | 50x | as long as short |
| Nado TAO-PERP | +0.0754% | 1h | 314.80 | −0.038% | $779K | $2.1M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0796% | 1h | 315.21 | +0.092% | $319K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 314.95 | +0.010% | $1.5M | $6.4M | 50x | as long as short |
| Extended TAO-USD | +0.1088% | 1h | 314.39 | −0.169% | $879K | $2.3M | 25x | as long as short |
| RISEx TAO/USDCshort | +0.1141% | 1h | 314.41 | −0.162% | $417K | $602K | 5x | |
| Lighter TAO | +0.1408% | 1h | 315.51 | +0.186% | $1.6M | $6.1M | 5x | as long as short |
| Hyperliquid TAO | +0.1734% | 1h | 315.50 | +0.184% | $100.9M | $91.7M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Bullet TAO-USD
ApeX Omni TAOUSDT
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Polymarket Perps TAO-USD
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Kraken Futures PF_TAOUSD
Phoenix TAO
01 Exchange TAOUSD
Injective TAO/USDC PERP
Variational Omni TAO
Reya TAORUSDPERP
BingX TAO-USDT
Phemex TAOUSDT
Bybit TAOUSDT
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
Lighter TAO
Hyperliquid TAO