Funding you earn now, next payment 05:00 UTC+0.0221%/8h= +24.2% APRpaid last 24h +0.065%
Price spread now: Extended against Katana Perps+0.065%7-day average −0.068% · 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)−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.065%, 7d avg −0.068%
=Together, before fees−0.285%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.134% dearer against Katana Perps than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.068%. Mind the row above: over the last 4 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.061% in total (about -5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 312.88 | 0.0099 | pay 0.0099% / 8h | 3h 15m | $640 | $845K | 5x |
| Short | Extended TAO-USD | 313.08 | 0.0320 | get 0.0040% / 1h | 15m 41s | $914K | $2.4M | 25x |
Katana Perps TAO-USD
Extended TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $46.49
- Price spread: +0.065% → −0.068%
- $13.38
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $51.08
- Costs to cover
- 0.088%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago | 3.84 bp | 8.1 bp −$8 | 9.8 bp −$98 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TAOUSD | −0.0347% | 1h | 312.44 | −0.141% | $5.5M | $20.7M | 50x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 312.33 | −0.176% | $20K | — | 150x | as long as short |
| dYdX TAO-USD | +0.0011% | 1h | 312.57 | −0.099% | $125K | $85K | 5x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 313.01 | +0.042% | $46K | $656K | 20x | as long as short |
| Katana Perps TAO-USDlong | +0.0099% | 8h | 312.88 | long leg | $640 | $845K | 5x | |
| Pacifica TAO | +0.0100% | 1h | 312.95 | +0.022% | $356K | $416K | 10x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 313.01 | +0.042% | $89.6M | $501.4M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 313.10 | +0.070% | $26.1M | $121.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 312.70 | −0.058% | $13.3M | $50.4M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 313.11 | +0.074% | $103.3M | $145.6M | 300x | as long as short |
Kraken Futures PF_TAOUSD
gTrade (Gains Network) TAO/USD
dYdX TAO-USD
Popdex TAOUSDT
Pacifica TAO
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TAOUSDTM | +0.0100% | 4h | 312.79 | −0.029% | $17.8M | $31.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 312.82 | −0.019% | $35.1M | $56.5M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 313.34 | +0.148% | $42K | $314K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 312.33 | −0.176% | $46K | $254K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 312.40 | −0.153% | $82K | $905K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 312.63 | −0.080% | $12K | $17K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 312.33 | −0.176% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 312.20 | −0.217% | $110K | $542K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 312.63 | −0.080% | $3.1M | $8.0M | 50x | as long as short |
| BingX TAO-USDT | +0.0104% | 4h | 313.03 | +0.048% | — | $33.7M | — | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 312.71 | −0.053% | $172K | $998 | 3x | as long as short |
| Aster TAOUSDT | +0.0114% | 4h | 312.92 | +0.013% | $1.3M | $10.5M | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0115% | 4h | 312.53 | −0.112% | $52K | $290K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0124% | 4h | 312.88 | −0.001% | $531K | $956K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0136% / S +0.0132% | 1h | 312.30 | −0.187% | $422K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0161% | 8h | 313.12 | +0.078% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0187% | 4h | 313.05 | +0.054% | $67.5M | $150.6M | 50x | as long as short |
| Arcus TAO-USD | +0.0231% | 1h | 313.37 | +0.157% | $101K | $394K | 5x | as long as short |
| Extended TAO-USDshort | +0.0320% | 1h | 313.08 | +0.065% | $914K | $2.4M | 25x | |
| Variational Omni TAO | +0.0323% | 4h | 312.65 | −0.073% | $5.5M | $10.1M | — | as long as short |
| Nado TAO-PERP | +0.0333% | 1h | 312.59 | −0.093% | $789K | $2.2M | 10x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 313.40 | +0.166% | $4.5M | $10.8M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0428% | 1h | 312.50 | −0.120% | $13K | $1.8M | 25x | as long as short |
| Phoenix TAO | +0.0457% | 1h | 313.70 | +0.262% | $312K | $711K | 5x | as long as short |
| Hyperliquid TAO | +0.0478% | 1h | 313.03 | +0.048% | $91.9M | $107.8M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0488% | 1h | 313.27 | +0.125% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0505% | 1h | 312.63 | −0.080% | $311K | $885K | 10x | as long as short |
| Lighter TAO | +0.0640% | 1h | 313.16 | +0.090% | $1.5M | $6.5M | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 312.52 | −0.115% | $359 | — | 20x | as long as short |
| RISEx TAO/USDC | +0.0816% | 1h | 313.14 | +0.082% | $444K | $647K | 5x | as long as short |
| Bulk TAO-USD | +0.0817% | 1h | 310.92 | −0.626% | $165K | $333 | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0952% | 1h | 313.56 | +0.217% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4092% | 1h | 316.67 | +1.211% | $23K | $2K | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDC
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
BingX TAO-USDT
Aevo TAO-PERP
Aster TAOUSDT
Orderly PERP_TAO_USDC
GRVT TAO_USDT_Perp
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Bybit TAOUSDT
Arcus TAO-USD
Variational Omni TAO
Nado TAO-PERP
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Phoenix TAO
Hyperliquid TAO
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Lighter TAO
Reya TAORUSDPERP
RISEx TAO/USDC
Bulk TAO-USD
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP