Funding you earn now, next payment 08:00 UTC−0.0186%/8h= −20.4% APRpaid last 24h +0.001%
Price spread now: Katana Perps against BingX−0.034%7-day average +0.024% · 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)+0.145%+$14 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.034%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Katana Perps is 0.058% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAO-USDT | 319.19 | 0.0294 | pay 0.0147% / 4h | 1h 11m | — | $35.1M | — |
| Short | Katana Perps TAO-USD | 319.08 | 0.0108 | get 0.0108% / 8h | 1h 11m | $2K | $1.1M | 5x |
BingX TAO-USDT
Katana Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against BingX. 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
- −$39.07
- Price spread: −0.034% → +0.024%
- −$5.85
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$58.72
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 12 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 BingX live order book, 12 min ago | 1.24 bp | 7.5 bp −$7 | 11.8 bp −$118 | 29.6 bp −$2,961 | 95.3 bp −$47.7K |
| 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 | −0.0237% | 1h | 320.94 | +0.548% | $171K | $333 | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.34 | +0.046% | $127K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 320.10 | +0.284% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 319.20 | +0.003% | $44K | $705K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.60 | +0.128% | $26.8M | $129.8M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 319.10 | −0.028% | $14.3M | $52.3M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 319.22 | +0.009% | $18.0M | $32.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.99 | −0.063% | $35.9M | $58.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 320.33 | +0.357% | $45K | $260K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 320.18 | +0.310% | $85K | $1.2M | 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 | 320.17 | +0.307% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 319.96 | +0.241% | $116K | $598K | 20x | as long as short |
| Katana Perps TAO-USDshort | +0.0108% | 8h | 319.08 | −0.034% | $2K | $1.1M | 5x | |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0114% / S +0.0155% | 1h | 320.03 | +0.263% | $422K | — | 100x | as long as short |
| Aevo TAO-PERP | +0.0128% | 1h | 320.49 | +0.409% | $176K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0128% | 4h | 320.23 | +0.326% | $53K | $293K | 10x | as long as short |
| Binance TAOUSDT | +0.0191% | 4h | 319.28 | +0.029% | $92.7M | $527.7M | 75x | as long as short |
| MEXC TAO_USDT | +0.0192% | 4h | 319.17 | −0.006% | $107.0M | $151.3M | 300x | as long as short |
| edgeX TAOUSDC | +0.0196% | 4h | 320.39 | +0.377% | $42K | $317K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0256% | 8h | 319.28 | +0.029% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0286% | 4h | 319.72 | +0.166% | $70.3M | $155.9M | 50x | as long as short |
| BingX TAO-USDTlong | +0.0294% | 4h | 319.19 | long leg | — | $35.1M | — | |
| Bullet TAO-USD | +0.0327% | 1h | 320.37 | +0.370% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0359% | 4h | 319.47 | +0.089% | $1.3M | $10.9M | 50x | as long as short |
| Phemex TAOUSDT | +0.0380% | 4h | 320.46 | +0.398% | $3.3M | $8.1M | 50x | as long as short |
| Extended TAO-USD | +0.0384% | 1h | 319.12 | −0.023% | $913K | $2.4M | 25x | as long as short |
| GRVT TAO_USDT_Perp | +0.0386% | 4h | 320.29 | +0.343% | $543K | $929K | 10x | as long as short |
| BloFin TAO-USDT | +0.0434% | 4h | 320.57 | +0.432% | $4.7M | $11.1M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0507% | 1h | 320.30 | +0.348% | $15K | $2.0M | 25x | as long as short |
| Nado TAO-PERP | +0.0514% | 1h | 320.28 | +0.342% | $796K | $2.0M | 10x | as long as short |
| Variational Omni TAO | +0.0519% | 4h | 320.56 | +0.429% | $5.7M | $10.2M | — | as long as short |
| Pacifica TAO | +0.0525% | 1h | 319.44 | +0.078% | $364K | $428K | 10x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 320.70 | +0.473% | $319K | $709K | 5x | as long as short |
| Hyperliquid TAO | +0.0624% | 1h | 319.60 | +0.128% | $94.6M | $110.1M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0640% | 1h | 319.24 | +0.016% | $3K | $4K | 5x | as long as short |
| Arcus TAO-USD | +0.0641% | 1h | 319.45 | +0.081% | $103K | $389K | 5x | as long as short |
| Lighter TAO | +0.0648% | 1h | 319.52 | +0.102% | $1.6M | $6.8M | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0697% | 1h | 320.21 | +0.320% | $298K | $905K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 320.33 | +0.358% | $368 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 321.77 | +0.808% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 320.36 | +0.365% | $442K | $674K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1152% | 1h | 320.44 | +0.392% | $6.0M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 325.94 | +2.115% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
GMX TAO/USD [WBTC.b-USDC]
Aevo TAO-PERP
Orderly PERP_TAO_USDC
Binance TAOUSDT
MEXC TAO_USDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Bybit TAOUSDT
Bullet TAO-USD
Aster TAOUSDT
Phemex TAOUSDT
Extended TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Nado TAO-PERP
Variational Omni TAO
Pacifica TAO
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Arcus TAO-USD
Lighter TAO
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP