Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Binance+0.028%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$760.762% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.028%, 7d avg +0.007%
=The price spread pays, funding is against you. BloFin is 0.021% dearer against Binance than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of +0.007%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.003% in total) that is about 50 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KATUSDT | 0.004894 | 0.0110 | pay 0.0055% / 4h | 1h 43m | $2.3M | $3.2M | 25x |
| Short | BloFin KAT-USDT | 0.004895 | 0.0091 | get 0.0045% / 4h | 1h 43m | $127K | $17K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$4.04
- Price spread: +0.028% → +0.007%
- $2.09
- Slippage, 4 orders
- −$54.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.15
- Costs to cover
- 0.762%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 30 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, 8 min ago | 1.02 bp | 24.1 bp −$24 | 190.9 bp −$1,909 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 2.06 bp | 18.1 bp −$18 | 48.6 bp −$486 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAT-USDTshort | +0.0091% | 4h | 0.004895 | +0.028% | $127K | $17K | 50x | |
| OKX KAT-USDT-SWAP | +0.0100% | 4h | 0.004890 | −0.074% | $843K | $1.4M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004880 | −0.279% | $215K | $119K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004889 | −0.095% | $206K | $58K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004890 | −0.074% | $517K | $208K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004890 | −0.074% | $1K | $1.0M | 20x | as long as short |
| Binance KATUSDTlong | +0.0110% | 4h | 0.004894 | long leg | $2.3M | $3.2M | 25x | |
| Extended KAT-USD | +0.0112% | 1h | 0.004893 | −0.022% | $5K | $157K | 5x | as long as short |
| Katana Perps KAT-USD | +0.0113% | 8h | 0.004879 | −0.299% | $1K | $2K | 5x | as long as short |
| MEXC KAT_USDT | +0.0114% | 4h | 0.004892 | −0.033% | $269K | $115K | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit KATUSDT | +0.0305% | 4h | 0.004893 | −0.013% | $816K | $310K | 25x | as long as short |
| Aster KATUSDT | +0.0329% | 4h | 0.004893 | −0.013% | $24K | $31K | 5x | as long as short |
| BingX KAT-USDT | +0.0360% | 4h | 0.004894 | +0.008% | — | $1.7M | — | as long as short |
Binance KATUSDT
BloFin KAT-USDT
OKX KAT-USDT-SWAP
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Extended KAT-USD
Katana Perps KAT-USD
MEXC KAT_USDT
Bybit KATUSDT
Aster KATUSDT
BingX KAT-USDT