Funding you earn now, next payment 12:00 UTC−0.0254%/8h= −27.9% APRpaid last 24h −0.038%
Price spread now: Katana Perps against Aster−0.095%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.095%, 7d avg −0.018%
=Together, before fees+0.058%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Katana Perps is 0.077% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.002% in total (about -0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TAOUSDT | 313.93 | 0.0356 | pay 0.0178% / 4h | 45m 29s | $1.2M | $11.5M | 50x |
| Short | Katana Perps TAO-USD | 313.63 | 0.0102 | get 0.0102% / 8h | 4h 45m | $1K | $1.3M | 5x |
Aster TAOUSDT
Katana Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Aster. 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
- −$53.44
- Price spread: −0.095% → −0.018%
- −$7.75
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$72.99
- Costs to cover
- 0.118%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 1 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 Aster live order book, 1 min ago | 1.43 bp | 7.7 bp −$8 | 12.8 bp −$128 | 179.9 bp −$18.0K | 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 exchanges
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 | 313.00 | −0.297% | $19K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.95 | +0.007% | $55K | $633K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.30 | +0.118% | $26.8M | $126.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 313.40 | −0.168% | $16.1M | $46.6M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 313.62 | −0.098% | $17.3M | $30.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 313.98 | +0.016% | $35.5M | $54.1M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.45 | −0.471% | $44K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.11 | +0.058% | $68K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 313.08 | −0.270% | $1K | $1.7M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 313.20 | −0.232% | $114K | $550K | 20x | as long as short |
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDT
HTX TAO-USDTShow all 43 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps TAO-USDshort | +0.0102% | 8h | 313.63 | −0.095% | $1K | $1.3M | 5x | |
| Extended TAO-USD | +0.0104% | 1h | 313.61 | −0.100% | $922K | $2.1M | 25x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 313.31 | −0.197% | $172K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0166% | 4h | 313.70 | −0.073% | $111.9M | $147.2M | 300x | as long as short |
| edgeX TAOUSDC | +0.0167% | 4h | 312.45 | −0.471% | $41K | $325K | 10x | as long as short |
| Binance TAOUSDT | +0.0167% | 4h | 313.95 | +0.008% | $93.2M | $507.0M | 75x | as long as short |
| Pacifica TAO | +0.0223% | 1h | 313.75 | −0.057% | $381K | $455K | 10x | as long as short |
| Bullet TAO-USD | +0.0273% | 1h | 313.47 | −0.146% | $12K | $16K | 20x | as long as short |
| GRVT TAO_USDT_Perp | +0.0276% | 4h | 313.38 | −0.173% | $533K | $759K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0277% | 4h | 313.25 | −0.216% | $52K | $262K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0292% | 8h | 313.69 | −0.077% | $14K | $769 | 10x | as long as short |
| Lighter TAO | +0.0328% | 1h | 313.82 | −0.035% | $1.6M | $6.7M | 5x | as long as short |
| Aster TAOUSDTlong | +0.0356% | 4h | 313.93 | long leg | $1.2M | $11.5M | 50x | |
| dYdX TAO-USD | +0.0362% | 1h | 313.12 | −0.257% | $264K | $230K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0372% / S −0.0114% | 1h | 313.11 | −0.260% | $377K | — | 100x | as long as short |
| BingX TAO-USDT | +0.0388% | 4h | 313.69 | −0.076% | — | $37.9M | — | as long as short |
| Bybit TAOUSDT | +0.0393% | 4h | 314.21 | +0.090% | $69.7M | $154.6M | 50x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0406% | 1h | 313.25 | −0.217% | $22K | $1.9M | 25x | as long as short |
| BloFin TAO-USDT | +0.0408% | 4h | 313.80 | −0.041% | $4.9M | $10.5M | 100x | as long as short |
| Phemex TAOUSDT | +0.0451% | 4h | 313.63 | −0.095% | $3.1M | $8.3M | 50x | as long as short |
| Nado TAO-PERP | +0.0468% | 1h | 314.02 | +0.028% | $652K | $2.0M | 10x | as long as short |
| Hyperliquid TAO | +0.0518% | 1h | 313.76 | −0.054% | $93.7M | $105.5M | 5x | as long as short |
| Arcus TAO-USD | +0.0587% | 1h | 313.93 | +0.001% | $99K | $285K | 5x | as long as short |
| Variational Omni TAO | +0.0619% | 4h | 313.24 | −0.221% | $6.2M | $10.1M | — | as long as short |
| Phoenix TAO | +0.0636% | 1h | 313.90 | −0.009% | $315K | $701K | 5x | as long as short |
| RISEx TAO/USDC | +0.0694% | 1h | 313.65 | −0.089% | $435K | $665K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0699% | 1h | 314.18 | +0.081% | $361 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0728% | 1h | 313.57 | −0.114% | $1.1M | $7.4M | 50x | as long as short |
| 01 Exchange TAOUSD | +0.0760% | 1h | 314.22 | +0.093% | $3K | $2K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0853% | 1h | 313.70 | −0.073% | $298K | $1.1M | 10x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0862% | 1h | 313.41 | −0.167% | $6.2M | $19.6M | 50x | as long as short |
| Bulk TAO-USD | +0.1436% | 1h | 313.89 | −0.012% | $166K | $662 | 10x | as long as short |
| Injective TAO/USDC PERP | +0.4136% | 1h | 317.23 | +1.052% | $23K | $2K | 12x | as long as short |
Extended TAO-USD
Aevo TAO-PERP
MEXC TAO_USDT
edgeX TAOUSDC
Binance TAOUSDT
Pacifica TAO
Bullet TAO-USD
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
Paradex TAO-USD-PERP
Lighter TAO
dYdX TAO-USD
GMX TAO/USD [WBTC.b-USDC]
BingX TAO-USDT
Bybit TAOUSDT
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Phemex TAOUSDT
Nado TAO-PERP
Hyperliquid TAO
Arcus TAO-USD
Variational Omni TAO
Phoenix TAO
RISEx TAO/USDC
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Kraken Futures PF_TAOUSD
Bulk TAO-USD
Injective TAO/USDC PERP