KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.51 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance+0.019%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1091.090% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.083%−$8 on $10k

Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.019%, 7d avg −0.029%

Together, before fees−0.302%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.048% dearer against Binance than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.029%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.083% in total) that is about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KATUSDT	0.004850	0.0203	pay 0.0101% / 4h	2h 41m	$2.3M	$3.2M	25x
Short	Bitget KATUSDT	0.004851	0.0100	get 0.0050% / 4h	2h 41m	$510K	$205K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$21.61
Price spread: +0.019% → −0.029%: $4.76
Slippage, 4 orders: −$87.01
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$125.85
Costs to cover: 1.090%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 43 min ago.

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 Binance live order book, 10 min ago	2.06 bp	20.5 bp −$21	163.2 bp −$1,632	doesn't fit	doesn't fit
Sell Bitget live order book, 43 min ago	4.11 bp	34.0 bp −$34	193.2 bp −$1,932	doesn't fit	doesn't fit

KAT on 13 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
Bybit KATUSDT	+0.0100%	4h	0.004852	+0.040%	$806K	$303K	25x	as long as short
OKX KAT-USDT-SWAP	+0.0100%	4h	0.004849	−0.022%	$842K	$1.4M	20x	as long as short
Gate KAT_USDT	+0.0100%	4h	0.004840	−0.208%	$213K	$123K	50x	as long as short
KuCoin KATUSDTM	+0.0100%	4h	0.004849	−0.022%	$201K	$56K	10x	as long as short
Bitget KATUSDTshort	+0.0100%	4h	0.004851	+0.019%	$510K	$205K	20x
SunX KAT-USDT	+0.0100%	4h	0.004840	−0.208%	$2K	$1.0M	20x	as long as short
Katana Perps KAT-USD	+0.0112%	8h	0.004853	+0.060%	$1K	$2K	5x	as long as short
Extended KAT-USD	+0.0200%	1h	0.004848	−0.034%	$5K	$157K	5x	as long as short
Binance KATUSDTlong	+0.0203%	4h	0.004850	long leg	$2.3M	$3.2M	25x
MEXC KAT_USDT	+0.0208%	4h	0.004848	−0.043%	$266K	$115K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KAT-USDT	+0.0216%	4h	0.004853	+0.060%	$128K	$16K	50x	as long as short
BingX KAT-USDT	+0.0236%	4h	0.004851	+0.019%	—	$1.7M	—	as long as short
Aster KATUSDT	+0.0404%	4h	0.004851	+0.021%	$24K	$31K	5x	as long as short