TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%

Price spread now: Katana Perps against OKX+0.110%7-day average +0.055% · you sell dearer than you buy

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

Long on OKX Short on Katana Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.148%+$15 on $10k

Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.110%, 7d avg +0.055%

Together, before fees+0.243%+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Katana Perps is 0.054% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TAO-USDT-SWAP	310.20	0.0100	pay 0.0100% / 8h	2h 08m	$25.6M	$94.3M	50x
Short	Katana Perps TAO-USD	310.54	0.0111	get 0.0111% / 8h	2h 08m	$1K	$451K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps against OKX. 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 OKXbpFee Katana PerpsbpOrdersPrice spread, now +0.110%Rate

Funding earned: $2.28
Price spread: +0.110% → +0.055%: $5.44
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: −$6.09
Costs to cover: 0.138%
Break-even: 25.7 days

Slippage unknown: OKX: live order book, 6 min ago; Katana Perps: 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 OKX live order book, 6 min ago	1.62 bp	10.9 bp −$11	23.0 bp −$230	96.8 bp −$9,679	doesn't fit
Sell Katana Perps no order-book sample	—	—	—	—	—

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	−0.0601%	1h	309.73	−0.152%	$203K	$57K	10x	as long as short
dYdX TAO-USD	0.0000%	1h	310.21	+0.003%	$130K	$84K	5x	as long as short
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0007%	1h	310.56	+0.118%	$27K	—	150x	as long as short
Popdex TAOUSDT	+0.0096%	1h	310.34	+0.045%	$43K	$530K	20x	as long as short
Pacifica TAO	+0.0100%	1h	310.40	+0.064%	$366K	$368K	10x	as long as short
Binance TAOUSDT	+0.0100%	4h	310.11	−0.029%	$86.9M	$405.5M	75x	as long as short
Bybit TAOUSDT	+0.0100%	4h	310.24	+0.013%	$60.3M	$119.4M	50x	as long as short
OKX TAO-USDT-SWAPlong	+0.0100%	8h	310.20	long leg	$25.6M	$94.3M	50x
Arcus TAO-USD	+0.0100%	1h	310.45	+0.081%	$139K	$604K	5x	as long as short
Gate TAO_USDT	+0.0100%	4h	310.70	+0.161%	$12.4M	$48.7M	50x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TAO_USDT	+0.0100%	4h	310.07	−0.042%	$119.7M	$126.3M	300x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	310.83	+0.203%	$18.9M	$26.5M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	310.41	+0.068%	$34.7M	$44.6M	50x	as long as short
BingX TAO-USDT	+0.0100%	4h	310.77	+0.184%	—	$30.4M	—	as long as short
Variational Omni TAO	+0.0100%	4h	307.99	−0.713%	$3.7M	$6.6M	—	as long as short
edgeX TAOUSDC	+0.0100%	4h	308.08	−0.684%	$40K	$276K	10x	as long as short
GRVT TAO_USDT_Perp	+0.0100%	4h	308.51	−0.545%	$549K	$965K	10x	as long as short
ApeX Omni TAOUSDT	+0.0100%	1h	307.80	−0.774%	$46K	$268K	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	310.62	+0.135%	$78K	$675K	5x	as long as short
Bullet TAO-USD	+0.0100%	1h	310.77	+0.184%	$11K	$18K	20x	as long as short
Orderly PERP_TAO_USDC	+0.0100%	4h	310.65	+0.145%	$60K	$276K	10x	as long as short
SunX TAO-USDT	+0.0100%	4h	310.48	+0.090%	$2K	$1.8M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	310.36	+0.052%	$122K	$353K	20x	as long as short
Phemex TAOUSDT	+0.0100%	4h	310.10	−0.032%	$3.3M	$7.9M	50x	as long as short
Aevo TAO-PERP	+0.0104%	1h	310.74	+0.174%	$171K	$998	3x	as long as short
Katana Perps TAO-USDshort	+0.0111%	8h	310.54	+0.110%	$1K	$451K	5x
Aster TAOUSDT	+0.0152%	4h	310.49	+0.095%	$1.1M	$7.6M	50x	as long as short
Paradex TAO-USD-PERP	+0.0161%	8h	310.30	+0.031%	$14K	$1K	10x	as long as short
GMX TAO/USD [WBTC.b-USDC]	L +0.0174% / S +0.0069%	1h	310.53	+0.105%	$443K	—	100x	as long as short
Phoenix TAO	+0.0234%	1h	308.80	−0.451%	$327K	$462K	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0287%	1h	310.53	+0.105%	$12K	$1.3M	25x	as long as short
Nado TAO-PERP	+0.0288%	1h	310.65	+0.144%	$858K	$1.9M	10x	as long as short
BloFin TAO-USDT	+0.0340%	4h	308.69	−0.487%	$4.3M	$9.5M	100x	as long as short
01 Exchange TAOUSD	+0.0536%	1h	310.85	+0.210%	$3K	$4K	5x	as long as short
Reya TAORUSDPERP	+0.0694%	1h	310.75	+0.178%	$357	—	20x	as long as short
Extended TAO-USD	+0.0752%	1h	310.54	+0.110%	$912K	$2.0M	25x	as long as short
Backpack TAO_USDC_PERP	+0.0925%	1h	309.32	−0.284%	$385K	$754K	10x	as long as short
Coinbase International TAO-PERP-INTX	+0.0960%	1h	311.63	+0.461%	$1.5M	$5.5M	50x	as long as short
Lighter TAO	+0.0968%	1h	310.95	+0.242%	$1.7M	$4.8M	5x	as long as short
Kraken Futures PF_TAOUSD	+0.1014%	1h	310.73	+0.171%	$6.4M	$19.1M	50x	as long as short
RISEx TAO/USDC	+0.1053%	1h	310.46	+0.085%	$415K	$542K	5x	as long as short
Hyperliquid TAO	+0.1844%	1h	311.26	+0.342%	$97.5M	$77.6M	5x	as long as short
Injective TAO/USDC PERP	+0.4876%	1h	308.73	−0.474%	$22K	$271	12x	as long as short