TAO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%

Price spread now: Katana Perps against OKX+0.261%7-day average +0.048% · 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)+0.150%+$15 on $10k

Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.261%, 7d avg +0.048%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.213% dearer against OKX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TAO-USDT-SWAP	318.40	0.0100	pay 0.0100% / 8h	46m 03s	$26.5M	$130.5M	50x
Short	Katana Perps TAO-USD	319.23	0.0107	get 0.0107% / 8h	46m 03s	$724	$1.1M	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 +0.261%Rate

Funding earned: $1.48
Price spread: +0.261% → +0.048%: $21.3
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: $8.98
Costs to cover: 0.138%
Break-even: from the start

Slippage unknown: OKX: live order book, 3 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, 3 min ago	1.57 bp	7.4 bp −$7	14.0 bp −$140	61.8 bp −$6,178	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
gTrade (Gains Network) TAO/USD	L +0.0004% / S −0.0005%	1h	318.21	−0.058%	$22K	—	150x	as long as short
dYdX TAO-USD	+0.0069%	1h	318.77	+0.117%	$127K	$85K	5x	as long as short
Popdex TAOUSDT	+0.0096%	1h	319.36	+0.302%	$45K	$708K	20x	as long as short
OKX TAO-USDT-SWAPlong	+0.0100%	8h	318.40	long leg	$26.5M	$130.5M	50x
Gate TAO_USDT	+0.0100%	4h	318.40	0.000%	$14.5M	$51.1M	50x	as long as short
KuCoin TAOUSDTM	+0.0100%	4h	318.89	+0.154%	$17.9M	$32.4M	75x	as long as short
Bitget TAOUSDT	+0.0100%	4h	318.24	−0.050%	$35.8M	$57.9M	50x	as long as short
Polymarket Perps TAO-USD	+0.0100%	1h	319.16	+0.239%	$89K	$1.2M	5x	as long as short
SunX TAO-USDT	+0.0100%	4h	319.11	+0.223%	$1K	$2.0M	20x	as long as short
HTX TAO-USDT	+0.0100%	4h	318.65	+0.079%	$116K	$604K	20x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps TAO-USDshort	+0.0107%	8h	319.23	+0.261%	$724	$1.1M	5x
GMX TAO/USD [WBTC.b-USDC]	L +0.0109% / S +0.0158%	1h	318.78	+0.119%	$425K	—	100x	as long as short
Aevo TAO-PERP	+0.0128%	1h	318.87	+0.148%	$175K	$998	3x	as long as short
Orderly PERP_TAO_USDC	+0.0146%	4h	318.75	+0.110%	$53K	$293K	10x	as long as short
edgeX TAOUSDC	+0.0168%	4h	318.79	+0.123%	$42K	$319K	10x	as long as short
MEXC TAO_USDT	+0.0180%	4h	318.65	+0.079%	$100.1M	$151.1M	300x	as long as short
Binance TAOUSDT	+0.0182%	4h	318.53	+0.041%	$92.4M	$529.3M	75x	as long as short
Paradex TAO-USD-PERP	+0.0252%	8h	319.28	+0.277%	$14K	$1K	10x	as long as short
BingX TAO-USDT	+0.0260%	4h	318.60	+0.063%	—	$37.0M	—	as long as short
Bybit TAOUSDT	+0.0285%	4h	318.54	+0.044%	$69.7M	$156.2M	50x	as long as short
Pacifica TAO	+0.0313%	1h	319.24	+0.264%	$363K	$429K	10x	as long as short
Bulk TAO-USD	+0.0314%	1h	317.73	−0.210%	$169K	$333	10x	as long as short
GRVT TAO_USDT_Perp	+0.0324%	4h	318.48	+0.026%	$543K	$926K	10x	as long as short
Aster TAOUSDT	+0.0341%	4h	318.84	+0.138%	$1.3M	$11.0M	50x	as long as short
Extended TAO-USD	+0.0360%	1h	318.74	+0.107%	$908K	$2.4M	25x	as long as short
Bullet TAO-USD	+0.0367%	1h	319.25	+0.267%	$12K	$17K	20x	as long as short
ApeX Omni TAOUSDT	+0.0374%	1h	319.64	+0.389%	$46K	$260K	50x	as long as short
BloFin TAO-USDT	+0.0421%	4h	318.65	+0.079%	$4.7M	$11.0M	100x	as long as short
Nado TAO-PERP	+0.0473%	1h	319.22	+0.258%	$793K	$2.0M	10x	as long as short
Arcus TAO-USD	+0.0473%	1h	319.49	+0.342%	$103K	$389K	5x	as long as short
Lighter TAO	+0.0496%	1h	319.04	+0.200%	$1.6M	$6.9M	5x	as long as short
Deribit TAO_USDC-PERPETUAL	+0.0503%	1h	318.79	+0.122%	$15K	$2.0M	25x	as long as short
Variational Omni TAO	+0.0505%	4h	318.69	+0.092%	$5.6M	$10.3M	—	as long as short
Phemex TAOUSDT	+0.0510%	4h	318.51	+0.035%	$3.2M	$8.2M	50x	as long as short
Phoenix TAO	+0.0629%	1h	319.80	+0.440%	$319K	$703K	5x	as long as short
Reya TAORUSDPERP	+0.0698%	1h	319.19	+0.247%	$367	—	20x	as long as short
01 Exchange TAOUSD	+0.0776%	1h	319.67	+0.399%	$3K	$4K	5x	as long as short
Backpack TAO_USDC_PERP	+0.0791%	1h	318.67	+0.085%	$297K	$905K	10x	as long as short
Hyperliquid TAO	+0.0806%	1h	318.80	+0.126%	$94.3M	$110.1M	5x	as long as short
Kraken Futures PF_TAOUSD	+0.0831%	1h	318.93	+0.166%	$6.0M	$21.6M	50x	as long as short
RISEx TAO/USDC	+0.0831%	1h	319.21	+0.254%	$450K	$678K	5x	as long as short
Coinbase International TAO-PERP-INTX	+0.0984%	1h	319.84	+0.452%	$1.5M	$6.9M	50x	as long as short
Injective TAO/USDC PERP	+0.4513%	1h	320.67	+0.713%	$23K	$2K	12x	as long as short