Settings8H · net · $10k
Funding arb · Price arb /

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0280%/8h= −30.7% APRnext payment $1.40 per $10,000 · paid last 24h +0.029%
Price spread now: Bybit against Aster−0.040%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.040% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster KATUSDT0.0048680.0380pay 0.0190% / 4h3h 08m$24K$32K5x
ShortBybit KATUSDT0.0048660.0100get 0.0050% / 4h3h 08m$810K$339K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$58.9
Price spread: −0.040% → 0.000%
−$4.05
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$81.94
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 41 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Bybit live order book, 41 min ago7.15 bp49.1 bp −$49doesn't fitdoesn't fitdoesn't fit
Aster: 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.

KAT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KATUSDTshort+0.0100%4h0.004866−0.040%$810K$339K25x
OKX KAT-USDT-SWAP+0.0100%4h0.004863−0.102%$832K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004860−0.164%$212K$117K50xas long as short
KuCoin KATUSDTM+0.0100%4h0.004866−0.040%$201K$54K10xas long as short
Bitget KATUSDT+0.0100%4h0.004868+0.001%$530K$220K20xas long as short
SunX KAT-USDT+0.0100%4h0.004870+0.042%$2K$1.1M20xas long as short
Katana Perps KAT-USD+0.0131%8h0.004868+0.001%$1K$15K5xas long as short
Extended KAT-USD+0.0176%1h0.004865−0.056%$8K$110K5xas long as short
MEXC KAT_USDT+0.0176%4h0.004867−0.020%$243K$118K20xas long as short
Binance KATUSDT+0.0177%4h0.004868−0.005%$2.3M$3.4M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAT-USDT+0.0186%4h0.004876+0.165%$125K$15K50xas long as short
BingX KAT-USDT+0.0208%4h0.004871+0.062%$1.7Mas long as short
Aster KATUSDTlong+0.0380%4h0.004868long leg$24K$32K5x