KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0466%/8h= +51.0% APRnext payment +$2.33 per $10,000 · paid last 24h +0.041%

Price spread now: Bybit against Binance+0.070%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$213as in the Funding arb table

Net, price: spread back to 7d avg − costs−$243as in the Price arb table

costs, in and out, $10k−$2452.451% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.317%+$32 on $10k

Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.070%, 7d avg +0.045%

Together, before fees+0.323%+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bybit is 0.025% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.045%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.317% in total (about 16.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KATUSDT	0.004922	0.0415	pay 0.0208% / 4h	1h 17m	$2.3M	$3.4M	25x
Short	Bybit KATUSDT	0.004925	0.0881	get 0.0441% / 4h	1h 17m	$826K	$337K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.070%Rate

Funding earned: $97.88
Price spread: +0.070% → +0.045%: $2.51
Slippage, 4 orders: −$224.06
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$144.67
Costs to cover: 2.451%
Break-even: 17.3 days

Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 42 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, 3 min ago	2.03 bp	22.7 bp −$23	291.6 bp −$2,916	doesn't fit	doesn't fit
Sell Bybit live order book, 42 min ago	6.12 bp	88.7 bp −$89	doesn't fit	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
OKX KAT-USDT-SWAP	+0.0100%	4h	0.004917	−0.092%	$847K	$1.3M	20x	as long as short
Gate KAT_USDT	+0.0100%	4h	0.004910	−0.235%	$215K	$115K	50x	as long as short
KuCoin KATUSDTM	+0.0100%	4h	0.004921	−0.011%	$203K	$55K	10x	as long as short
Bitget KATUSDT	+0.0100%	4h	0.004921	−0.011%	$537K	$222K	20x	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004910	−0.235%	$2K	$1.1M	20x	as long as short
Katana Perps KAT-USD	+0.0128%	8h	0.004923	+0.029%	$1K	$16K	5x	as long as short
BloFin KAT-USDT	+0.0400%	4h	0.004927	+0.111%	$128K	$14K	50x	as long as short
MEXC KAT_USDT	+0.0410%	4h	0.004921	−0.011%	$254K	$116K	20x	as long as short
Binance KATUSDTlong	+0.0415%	4h	0.004922	long leg	$2.3M	$3.4M	25x
Extended KAT-USD	+0.0416%	1h	0.004920	−0.039%	$5K	$99K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KATUSDT	+0.0660%	4h	0.004921	−0.011%	$24K	$33K	5x	as long as short
BingX KAT-USDT	+0.0860%	4h	0.004921	−0.011%	—	$1.7M	—	as long as short
Bybit KATUSDTshort	+0.0881%	4h	0.004925	+0.070%	$826K	$337K	25x