Funding you earn now, next payment 02:00 UTC−0.0122%/8h= −13.3% APRpaid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Katana Perps−0.344%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.344% cheaper against Katana Perps than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps TAO-USD | 309.39 | 0.0124 | pay 0.0124% / 8h | 6h 34m | $693 | $684K | 5x |
| Short | gTrade (Gains Network) TAO/USD | 308.33 | L +0.0004% / S −0.0003% | get 0.0000% / 1h | 34m 39s | $12K | — | 150x |
Katana Perps TAO-USD
gTrade (Gains Network) TAO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$25.58
- Price spread: −0.344% → 0.000%
- −$34.39
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$73.77
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; gTrade (Gains Network): 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Katana Perps and gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 309.00 | −0.126% | $124K | $84K | 5x | as long as short |
| gTrade (Gains Network) TAO/USDshort | L +0.0004% / S −0.0003% | 1h | 308.33 | −0.344% | $12K | — | 150x | |
| Popdex TAOUSDT | +0.0096% | 1h | 308.64 | −0.242% | $37K | $622K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 309.31 | −0.027% | $88.8M | $460.9M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 309.80 | +0.133% | $25.3M | $109.2M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 309.40 | +0.003% | $12.6M | $49.8M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 309.64 | +0.081% | $104.4M | $137.9M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 309.32 | −0.023% | $17.9M | $30.0M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 309.36 | −0.010% | $34.5M | $53.1M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 308.03 | −0.438% | $34K | $299K | 10x | as long as short |
dYdX TAO-USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 308.55 | −0.270% | $508K | $965K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 309.00 | −0.126% | $46K | $269K | 50x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 308.60 | −0.255% | $56K | $283K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 308.42 | −0.314% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 308.52 | −0.281% | $126K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 308.83 | −0.181% | $170K | $998 | 3x | as long as short |
| Katana Perps TAO-USDlong | +0.0124% | 8h | 309.39 | long leg | $693 | $684K | 5x | |
| Polymarket Perps TAO-USD | +0.0163% | 1h | 308.60 | −0.255% | $78K | $655K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0169% / S +0.0092% | 1h | 308.27 | −0.361% | $429K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0171% | 1h | 308.46 | −0.300% | $5.5M | $20.4M | 50x | as long as short |
| Aster TAOUSDT | +0.0182% | 4h | 309.26 | −0.042% | $1.3M | $9.2M | 50x | as long as short |
| Bullet TAO-USD | +0.0213% | 1h | 308.75 | −0.208% | $12K | $17K | 20x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 309.38 | −0.004% | $365K | $381K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0288% | 8h | 309.28 | −0.036% | $14K | $1K | 10x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 309.94 | +0.178% | $97K | $562K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.16 | +0.572% | $4.4M | $10.7M | 100x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0418% | 1h | 308.50 | −0.286% | $10K | $1.5M | 25x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 312.28 | +0.934% | $23K | $2K | 12x | as long as short |
| Phemex TAOUSDT | +0.0470% | 4h | 308.65 | −0.239% | $3.3M | $8.0M | 50x | as long as short |
| Nado TAO-PERP | +0.0567% | 1h | 308.74 | −0.211% | $752K | $2.1M | 10x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 308.60 | −0.255% | $323K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0624% | 1h | 308.97 | −0.136% | $3K | $4K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 308.49 | −0.290% | $355 | — | 20x | as long as short |
| BingX TAO-USDT | +0.0704% | 4h | 309.71 | +0.103% | — | $31.0M | — | as long as short |
| Bybit TAOUSDT | +0.0745% | 4h | 309.78 | +0.126% | $63.7M | $136.3M | 50x | as long as short |
| Variational Omni TAO | +0.0748% | 4h | 309.04 | −0.114% | $5.3M | $8.9M | — | as long as short |
| Backpack TAO_USDC_PERP | +0.0837% | 1h | 309.67 | +0.091% | $313K | $814K | 10x | as long as short |
| Extended TAO-USD | +0.0920% | 1h | 309.59 | +0.064% | $885K | $2.3M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 309.46 | +0.023% | $1.4M | $6.3M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 309.69 | +0.095% | $442K | $621K | 5x | as long as short |
| Hyperliquid TAO | +0.1213% | 1h | 309.53 | +0.045% | $97.4M | $93.5M | 5x | as long as short |
| Lighter TAO | +0.1312% | 1h | 309.63 | +0.077% | $1.6M | $6.0M | 5x | as long as short |
| Bulk TAO-USD | +0.4286% | 1h | 309.11 | −0.092% | $164K | $40K | 10x | as long as short |
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Polymarket Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Aster TAOUSDT
Bullet TAO-USD
Pacifica TAO
Paradex TAO-USD-PERP
Arcus TAO-USD
BloFin TAO-USDT
Deribit TAO_USDC-PERPETUAL
Injective TAO/USDC PERP
Phemex TAOUSDT
Nado TAO-PERP
Phoenix TAO
01 Exchange TAOUSD
Reya TAORUSDPERP
BingX TAO-USDT
Bybit TAOUSDT
Variational Omni TAO
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD