Funding you earn now, next payment 10:00 UTC−0.0585%/8h= −64.0% APRpaid last 24h −0.176%
Price spread now: Katana Perps against Reya+0.009%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya TAORUSDPERP | 320.36 | 0.0699 | pay 0.0087% / 1h | 55m 06s | $368 | — | 20x |
| Short | Katana Perps TAO-USD | 320.39 | 0.0114 | get 0.0114% / 8h | 6h 55m | $656 | $1.2M | 5x |
Reya TAORUSDPERP
Katana Perps TAO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Reya. 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
- −$122.77
- Price spread: +0.009% → 0.000%
- $0.88
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$131.69
- Costs to cover
- 0.098%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Reya and 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 | −0.0985% | 1h | 321.65 | +0.402% | $171K | $0 | 10x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0003% | 1h | 324.21 | +1.201% | $20K | — | 150x | as long as short |
| Bybit TAOUSDT | +0.0100% | 4h | 319.28 | −0.338% | $70.1M | $155.4M | 50x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.10 | −0.394% | $26.8M | $129.9M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.90 | −0.456% | $15.3M | $48.0M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 320.37 | +0.003% | $17.5M | $32.3M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 318.81 | −0.484% | $36.2M | $57.1M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 322.38 | +0.630% | $46K | $256K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 320.55 | +0.059% | $84K | $1.1M | 5x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 320.11 | −0.079% | $2K | $1.9M | 20x | as long as short |
Bulk TAO-USD
gTrade (Gains Network) TAO/USD
Bybit TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
SunX TAO-USDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TAO-USDT | +0.0100% | 4h | 319.91 | −0.141% | $117K | $555K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 320.11 | −0.079% | $3.2M | $8.1M | 50x | as long as short |
| Popdex TAOUSDT | +0.0104% | 1h | 320.44 | +0.024% | $50K | $690K | 20x | as long as short |
| Katana Perps TAO-USDshort | +0.0114% | 8h | 320.39 | +0.009% | $656 | $1.2M | 5x | |
| Aevo TAO-PERP | +0.0120% | 1h | 320.41 | +0.016% | $176K | $998 | 3x | as long as short |
| MEXC TAO_USDT | +0.0154% | 4h | 319.33 | −0.322% | $106.5M | $149.3M | 300x | as long as short |
| BingX TAO-USDT | +0.0158% | 4h | 319.08 | −0.400% | — | $39.0M | — | as long as short |
| Binance TAOUSDT | +0.0161% | 4h | 319.82 | −0.168% | $94.1M | $520.0M | 75x | as long as short |
| edgeX TAOUSDC | +0.0161% | 4h | 322.73 | +0.740% | $43K | $322K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0223% | 8h | 320.69 | +0.103% | $15K | $876 | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0247% | 4h | 320.63 | +0.084% | $53K | $274K | 10x | as long as short |
| Extended TAO-USD | +0.0288% | 1h | 320.51 | +0.047% | $969K | $2.2M | 25x | as long as short |
| Pacifica TAO | +0.0301% | 1h | 320.96 | +0.187% | $374K | $439K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0308% | 4h | 322.97 | +0.814% | $549K | $826K | 10x | as long as short |
| Aster TAOUSDT | +0.0325% | 4h | 320.10 | −0.080% | $1.3M | $11.2M | 50x | as long as short |
| Lighter TAO | +0.0344% | 1h | 320.49 | +0.041% | $1.6M | $6.6M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0364% / S −0.0107% | 1h | 320.06 | −0.095% | $376K | — | 100x | as long as short |
| Arcus TAO-USD | +0.0364% | 1h | 321.16 | +0.249% | $101K | $329K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0390% | 1h | 320.44 | +0.023% | $19K | $1.9M | 25x | as long as short |
| BloFin TAO-USDT | +0.0401% | 4h | 320.44 | +0.024% | $4.8M | $11.0M | 100x | as long as short |
| Bullet TAO-USD | +0.0496% | 1h | 320.49 | +0.040% | $13K | $17K | 20x | as long as short |
| Variational Omni TAO | +0.0521% | 4h | 322.30 | +0.606% | $5.7M | $9.8M | — | as long as short |
| Phoenix TAO | +0.0578% | 1h | 323.80 | +1.073% | $326K | $712K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0678% | 1h | 320.44 | +0.026% | $6.3M | $20.9M | 50x | as long as short |
| Reya TAORUSDPERPlong | +0.0699% | 1h | 320.36 | long leg | $368 | — | 20x | |
| RISEx TAO/USDC | +0.0701% | 1h | 320.31 | −0.018% | $443K | $714K | 5x | as long as short |
| Nado TAO-PERP | +0.0722% | 1h | 320.15 | −0.066% | $733K | $2.0M | 10x | as long as short |
| 01 Exchange TAOUSD | +0.0768% | 1h | 320.76 | +0.124% | $3K | $4K | 5x | as long as short |
| Backpack TAO_USDC_PERP | +0.0782% | 1h | 319.12 | −0.388% | $299K | $1.1M | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0832% | 1h | 320.57 | +0.065% | $1.1M | $7.5M | 50x | as long as short |
| Hyperliquid TAO | +0.1045% | 1h | 319.49 | −0.272% | $96.4M | $110.4M | 5x | as long as short |
| dYdX TAO-USD | +0.1238% | 1h | 320.43 | +0.021% | $270K | $232K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.3320% | 1h | 327.96 | +2.372% | $24K | $2K | 12x | as long as short |
HTX TAO-USDT
Phemex TAOUSDT
Popdex TAOUSDT
Aevo TAO-PERP
MEXC TAO_USDT
BingX TAO-USDT
Binance TAOUSDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Orderly PERP_TAO_USDC
Extended TAO-USD
Pacifica TAO
GRVT TAO_USDT_Perp
Aster TAOUSDT
Lighter TAO
GMX TAO/USD [WBTC.b-USDC]
Arcus TAO-USD
Deribit TAO_USDC-PERPETUAL
BloFin TAO-USDT
Bullet TAO-USD
Variational Omni TAO
Phoenix TAO
Kraken Futures PF_TAOUSD
RISEx TAO/USDC
Nado TAO-PERP
01 Exchange TAOUSD
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Hyperliquid TAO
dYdX TAO-USD
Injective TAO/USDC PERP