Funding you earn now, next payment 08:00 UTC+0.0273%/8h= +29.9% APRpaid last 24h −0.001%
Price spread now: BingX against Katana Perps0.000%7-day average −0.024% · 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)−0.145%−$14 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now 0.000%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.024% dearer against Katana Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.024%. Mind the row above: over the last 4 days funding on this pair cost −0.145%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 321.24 | 0.0109 | pay 0.0109% / 8h | 1h 52m | $729 | $985K | 5x |
| Short | BingX TAO-USDT | 321.24 | 0.0382 | get 0.0191% / 4h | 1h 52m | — | $34.3M | — |
Katana Perps TAO-USD
BingX TAO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $57.25
- Price spread: 0.000% → −0.024%
- $2.42
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $45.87
- Costs to cover
- 0.138%
- Break-even
- 1.4 days
Slippage unknown: Katana Perps: no order-book sample; BingX: live order book, 2 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 BingX live order book, 2 min ago | 1.09 bp | 6.6 bp −$7 | 12.9 bp −$129 | 29.9 bp −$2,990 | 74.4 bp −$37.2K |
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 | −0.2101% | 1h | 320.87 | −0.115% | $170K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 320.75 | −0.154% | $128K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 320.96 | −0.087% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 321.41 | +0.053% | $40K | $694K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 320.90 | −0.106% | $26.7M | $129.3M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 320.90 | −0.106% | $14.2M | $51.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 321.23 | −0.003% | $17.6M | $31.9M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 320.90 | −0.106% | $36.1M | $58.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 324.34 | +0.965% | $47K | $258K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 321.25 | +0.003% | $78K | $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 | 320.81 | −0.134% | $1K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 320.97 | −0.084% | $118K | $584K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 320.86 | −0.118% | $3.3M | $8.1M | 50x | as long as short |
| Katana Perps TAO-USDlong | +0.0109% | 8h | 321.24 | long leg | $729 | $985K | 5x | |
| Orderly PERP_TAO_USDC | +0.0119% | 4h | 321.07 | −0.053% | $53K | $292K | 10x | as long as short |
| Aevo TAO-PERP | +0.0120% | 1h | 321.14 | −0.030% | $176K | $998 | 3x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0123% / S +0.0155% | 1h | 320.92 | −0.100% | $434K | — | 100x | as long as short |
| MEXC TAO_USDT | +0.0146% | 4h | 321.32 | +0.025% | $105.2M | $149.2M | 300x | as long as short |
| Binance TAOUSDT | +0.0148% | 4h | 320.78 | −0.143% | $93.6M | $524.8M | 75x | as long as short |
| edgeX TAOUSDC | +0.0158% | 4h | 322.15 | +0.285% | $43K | $316K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0266% | 8h | 320.98 | −0.080% | $15K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0301% | 4h | 320.87 | −0.115% | $1.3M | $10.9M | 50x | as long as short |
| Bullet TAO-USD | +0.0370% | 1h | 321.40 | +0.050% | $12K | $17K | 20x | as long as short |
| Bybit TAOUSDT | +0.0380% | 4h | 320.70 | −0.168% | $70.0M | $155.6M | 50x | as long as short |
| BingX TAO-USDTshort | +0.0382% | 4h | 321.24 | 0.000% | — | $34.3M | — | |
| BloFin TAO-USDT | +0.0388% | 4h | 320.87 | −0.115% | $4.7M | $11.1M | 100x | as long as short |
| GRVT TAO_USDT_Perp | +0.0434% | 4h | 321.38 | +0.042% | $548K | $937K | 10x | as long as short |
| Extended TAO-USD | +0.0488% | 1h | 320.98 | −0.082% | $914K | $2.4M | 25x | as long as short |
| Variational Omni TAO | +0.0506% | 4h | 323.50 | +0.703% | $5.7M | $10.1M | — | as long as short |
| Pacifica TAO | +0.0525% | 1h | 321.08 | −0.051% | $365K | $422K | 10x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 324.40 | +0.984% | $323K | $709K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0584% | 1h | 320.58 | −0.205% | $319K | $899K | 10x | as long as short |
| Hyperliquid TAO | +0.0613% | 1h | 321.61 | +0.115% | $95.1M | $109.8M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0623% | 1h | 321.10 | −0.045% | $14K | $1.9M | 25x | as long as short |
| Nado TAO-PERP | +0.0633% | 1h | 321.28 | +0.012% | $803K | $2.2M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0640% | 1h | 321.48 | +0.075% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 321.45 | +0.065% | $103K | $394K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 321.46 | +0.069% | $370 | — | 20x | as long as short |
| Lighter TAO | +0.0864% | 1h | 321.39 | +0.046% | $1.5M | $6.6M | 5x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 321.95 | +0.221% | $1.5M | $6.9M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 321.29 | +0.014% | $463K | $665K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1149% | 1h | 321.22 | −0.005% | $6.1M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 328.25 | +2.182% | $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]
MEXC TAO_USDT
Binance TAOUSDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Aster TAOUSDT
Bullet TAO-USD
Bybit TAOUSDT
BloFin TAO-USDT
GRVT TAO_USDT_Perp
Extended TAO-USD
Variational Omni TAO
Pacifica TAO
Phoenix TAO
Backpack TAO_USDC_PERP
Hyperliquid TAO
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
01 Exchange TAOUSD
Arcus TAO-USD
Reya TAORUSDPERP
Lighter TAO
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP