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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.019%
Price spread now: Katana Perps against Aster−0.036%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 4 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 −$1 a day on $10k at the current rate, and Katana Perps is 0.036% 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 KATUSDT0.0049080.0158pay 0.0079% / 4h3h 41m$24K$33K5x
ShortKatana Perps KAT-USD0.0049060.0131get 0.0131% / 8h7h 41m$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps 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
−$5.66
Price spread: −0.036% → 0.000%
−$3.63
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$21.09
Costs to cover
0.118%
Break-even
never at this rate
Slippage unknown: Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Katana Perps no order-book sample
Aster 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.

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
Binance KATUSDT+0.0100%4h0.004902−0.118%$2.3M$3.3M25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004894−0.281%$852K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004890−0.362%$215K$115K50xas long as short
MEXC KAT_USDT+0.0100%4h0.004903−0.097%$270K$115K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.004908+0.004%$203K$56K10xas long as short
Bitget KATUSDT+0.0100%4h0.004902−0.118%$540K$222K20xas long as short
SunX KAT-USDT+0.0100%4h0.004890−0.362%$1K$1.1M20xas long as short
Extended KAT-USD+0.0104%1h0.004903−0.100%$8K$158K5xas long as short
Katana Perps KAT-USDshort+0.0131%8h0.004906−0.036%$1K$2K5x
Aster KATUSDTlong+0.0158%4h0.004908long leg$24K$33K5x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAT-USDT+0.0160%4h0.004907−0.016%$127K$17K50xas long as short
Bybit KATUSDT+0.0672%4h0.004904−0.077%$821K$319K25xas long as short
BingX KAT-USDT+0.0768%4h0.004900−0.159%$1.7Mas long as short