Funding you earn now, next payment 04:00 UTC+0.0893%/8h= +97.8% APRpaid last 24h +0.149%
Price spread now: RISEx against Katana Perps+0.081%7-day average −0.006% · 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)+0.319%+$32 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.081%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and RISEx is 0.087% dearer against Katana Perps than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.006%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.319% in total (about 32.5% 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 | 314.76 | 0.0098 | pay 0.0098% / 8h | 4h 11m | $644 | $799K | 5x |
| Short | RISEx TAO/USDC | 315.01 | 0.0991 | get 0.0124% / 1h | 11m 11s | $438K | $653K | 5x |
Katana Perps TAO-USD
RISEx TAO/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $187.59
- Price spread: +0.081% → −0.006%
- $8.66
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $186.45
- Costs to cover
- 0.098%
- Break-even
- 0.0 days
Slippage unknown: Katana Perps: no order-book sample; RISEx: live order book, 47 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 RISEx live order book, 47 min ago | 2.38 bp | 5.6 bp −$6 | 31.9 bp −$319 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 314.86 | +0.032% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 314.62 | −0.046% | $20K | — | 150x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0056% | 1h | 314.43 | −0.104% | $5.5M | $20.6M | 50x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 314.93 | +0.054% | $43K | $668K | 20x | as long as short |
| Katana Perps TAO-USDlong | +0.0098% | 8h | 314.76 | long leg | $644 | $799K | 5x | |
| Binance TAOUSDT | +0.0100% | 4h | 314.45 | −0.098% | $90.9M | $495.1M | 75x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 314.64 | −0.038% | $67.8M | $149.0M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 314.50 | −0.083% | $26.0M | $120.4M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 314.30 | −0.146% | $12.9M | $50.1M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 314.55 | −0.067% | $110.7M | $144.2M | 300x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Kraken Futures PF_TAOUSD
Popdex TAOUSDT
Binance TAOUSDT
Bybit 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 | 314.39 | −0.118% | $17.7M | $31.7M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 314.27 | −0.156% | $35.1M | $56.4M | 50x | as long as short |
| BingX TAO-USDT | +0.0100% | 4h | 314.57 | −0.060% | — | $32.8M | — | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 315.09 | +0.104% | $42K | $313K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 314.71 | −0.017% | $521K | $956K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 315.38 | +0.197% | $46K | $255K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 314.76 | 0.000% | $77K | $860K | 5x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 314.91 | +0.048% | $12K | $18K | 20x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 314.85 | +0.029% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 314.14 | −0.197% | $110K | $535K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 314.36 | −0.127% | $3.2M | $8.1M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 314.68 | −0.025% | $167K | $2K | 10x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 314.66 | −0.030% | $173K | $998 | 3x | as long as short |
| Orderly PERP_TAO_USDC | +0.0132% | 4h | 314.61 | −0.048% | $52K | $271K | 10x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0145% / S +0.0122% | 1h | 314.59 | −0.053% | $427K | — | 100x | as long as short |
| Paradex TAO-USD-PERP | +0.0155% | 8h | 315.01 | +0.079% | $14K | $1K | 10x | as long as short |
| Aster TAOUSDT | +0.0173% | 4h | 314.76 | 0.000% | $1.2M | $10.4M | 50x | as long as short |
| Extended TAO-USD | +0.0200% | 1h | 314.51 | −0.078% | $923K | $2.4M | 25x | as long as short |
| Nado TAO-PERP | +0.0214% | 1h | 314.82 | +0.020% | $800K | $2.2M | 10x | as long as short |
| Hyperliquid TAO | +0.0273% | 1h | 314.73 | −0.010% | $92.6M | $106.6M | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0320% | 1h | 314.66 | −0.031% | $23K | $1.7M | 25x | as long as short |
| 01 Exchange TAOUSD | +0.0328% | 1h | 315.07 | +0.098% | $3K | $4K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 314.51 | −0.079% | $4.6M | $10.9M | 100x | as long as short |
| Arcus TAO-USD | +0.0345% | 1h | 315.25 | +0.156% | $99K | $438K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0347% | 1h | 314.56 | −0.064% | $315K | $913K | 10x | as long as short |
| Lighter TAO | +0.0360% | 1h | 314.81 | +0.016% | $1.5M | $6.5M | 5x | as long as short |
| Pacifica TAO | +0.0365% | 1h | 315.16 | +0.128% | $360K | $412K | 10x | as long as short |
| Variational Omni TAO | +0.0450% | 4h | 315.00 | +0.075% | $5.7M | $9.9M | — | as long as short |
| Phoenix TAO | +0.0581% | 1h | 315.10 | +0.108% | $314K | $697K | 5x | as long as short |
| Reya TAORUSDPERP | +0.0697% | 1h | 314.75 | −0.004% | $362 | — | 20x | as long as short |
| RISEx TAO/USDCshort | +0.0991% | 1h | 315.01 | +0.081% | $438K | $653K | 5x | |
| Coinbase International TAO-PERP-INTX | +0.1008% | 1h | 315.30 | +0.172% | $1.5M | $6.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4222% | 1h | 318.19 | +1.090% | $23K | $2K | 12x | as long as short |
KuCoin TAOUSDTM
Bitget TAOUSDT
BingX TAO-USDT
edgeX TAOUSDC
GRVT TAO_USDT_Perp
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Bullet TAO-USD
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Bulk TAO-USD
Aevo TAO-PERP
Orderly PERP_TAO_USDC
GMX TAO/USD [WBTC.b-USDC]
Paradex TAO-USD-PERP
Aster TAOUSDT
Extended TAO-USD
Nado TAO-PERP
Hyperliquid TAO
Deribit TAO_USDC-PERPETUAL
01 Exchange TAOUSD
BloFin TAO-USDT
Arcus TAO-USD
Backpack TAO_USDC_PERP
Lighter TAO
Pacifica TAO
Variational Omni TAO
Phoenix TAO
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
Injective TAO/USDC PERP