Funding you earn now, next payment 08:00 UTC−0.0288%/8h= −31.6% APRpaid last 24h −0.071%
Price spread now: Katana Perps against BloFin+0.084%7-day average +0.003% · 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)−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.084%, 7d avg +0.003%
=The price spread pays, funding is against you. Katana Perps is 0.081% dearer against BloFin than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.003%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 4 days (−0.131% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TAO-USDT | 319.77 | 0.0398 | pay 0.0199% / 4h | 1h 39m | $4.7M | $11.1M | 100x |
| Short | Katana Perps TAO-USD | 320.04 | 0.0109 | get 0.0109% / 8h | 1h 39m | $726 | $1.0M | 5x |
BloFin TAO-USDT
Katana Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against BloFin. 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
- −$60.56
- Price spread: +0.084% → +0.003%
- $8.14
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$68.21
- Costs to cover
- 0.158%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 0.31 bp | 10.3 bp −$10 | 14.5 bp −$145 | 25.5 bp −$2,552 | 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 | −0.2019% | 1h | 319.65 | −0.037% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.66 | −0.034% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 319.54 | −0.073% | $20K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 320.22 | +0.141% | $41K | $696K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.80 | +0.009% | $26.5M | $129.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.20 | −0.178% | $14.2M | $51.7M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.53 | −0.075% | $17.9M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 319.66 | −0.034% | $35.8M | $58.4M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.81 | +0.013% | $45K | $258K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 320.00 | +0.072% | $79K | $1.1M | 5x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 319.33 | −0.138% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.46 | −0.097% | $118K | $588K | 20x | as long as short |
| Katana Perps TAO-USDshort | +0.0109% | 8h | 320.04 | +0.084% | $726 | $1.0M | 5x | |
| Phemex TAOUSDT | +0.0117% | 4h | 319.86 | +0.028% | $3.3M | $8.1M | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0120% | 4h | 319.66 | −0.034% | $53K | $292K | 10x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 319.73 | −0.011% | $176K | $998 | 3x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0120% / S +0.0157% | 1h | 319.48 | −0.090% | $432K | — | 100x | as long as short |
| edgeX TAOUSDC | +0.0152% | 4h | 320.03 | +0.083% | $42K | $318K | 10x | as long as short |
| MEXC TAO_USDT | +0.0158% | 4h | 319.91 | +0.044% | $105.1M | $149.7M | 300x | as long as short |
| Binance TAOUSDT | +0.0158% | 4h | 319.68 | −0.027% | $92.5M | $527.2M | 75x | as long as short |
| Paradex TAO-USD-PERP | +0.0260% | 8h | 319.88 | +0.036% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0313% | 4h | 319.67 | −0.032% | $1.3M | $10.9M | 50x | as long as short |
| Bybit TAOUSDT | +0.0370% | 4h | 319.88 | +0.034% | $69.8M | $155.8M | 50x | as long as short |
| Bullet TAO-USD | +0.0389% | 1h | 319.84 | +0.023% | $12K | $17K | 20x | as long as short |
| BloFin TAO-USDTlong | +0.0398% | 4h | 319.77 | long leg | $4.7M | $11.1M | 100x | |
| BingX TAO-USDT | +0.0398% | 4h | 319.89 | +0.038% | — | $34.5M | — | as long as short |
| GRVT TAO_USDT_Perp | +0.0408% | 4h | 319.70 | −0.023% | $544K | $940K | 10x | as long as short |
| Extended TAO-USD | +0.0488% | 1h | 319.91 | +0.045% | $917K | $2.4M | 25x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 319.59 | −0.057% | $364K | $423K | 10x | as long as short |
| Variational Omni TAO | +0.0535% | 4h | 319.70 | −0.022% | $5.6M | $10.2M | — | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0540% | 1h | 319.62 | −0.046% | $14K | $1.9M | 25x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 320.30 | +0.166% | $319K | $709K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0632% | 1h | 320.41 | +0.200% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 320.41 | +0.200% | $103K | $394K | 5x | as long as short |
| Nado TAO-PERP | +0.0646% | 1h | 320.14 | +0.116% | $802K | $2.2M | 10x | as long as short |
| Hyperliquid TAO | +0.0651% | 1h | 319.53 | −0.075% | $94.4M | $110.0M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0677% | 1h | 319.53 | −0.075% | $300K | $904K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 319.82 | +0.016% | $368 | — | 20x | as long as short |
| Lighter TAO | +0.0864% | 1h | 319.77 | 0.000% | $1.5M | $6.7M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 320.89 | +0.350% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 320.01 | +0.075% | $460K | $664K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1154% | 1h | 319.80 | +0.009% | $6.0M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.63 | +1.207% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Orderly PERP_TAO_USDC
Aevo TAO-PERP
GMX TAO/USD [WBTC.b-USDC]
edgeX TAOUSDC
MEXC TAO_USDT
Binance TAOUSDT
Paradex TAO-USD-PERP
Aster TAOUSDT
Bybit TAOUSDT
Bullet TAO-USD
BingX TAO-USDT
GRVT TAO_USDT_Perp
Extended TAO-USD
Pacifica TAO
Variational Omni TAO
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
01 Exchange TAOUSD
Arcus TAO-USD
Nado TAO-PERP
Hyperliquid TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP