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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.004%
Price spread now: Extended against Binance−0.007%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1811.807% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.007%, 7d avg −0.034%
Together, before fees−0.063%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.027% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KATUSDT0.0048500.0195pay 0.0098% / 4h2h 39m$2.3M$3.2M25x
ShortExtended KAT-USD0.0048490.0192get 0.0024% / 1h39m 01s$5K$157K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$0.64
Price spread: −0.007% → −0.034%
$2.73
Slippage, 4 orders
−$165.72
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$178.63
Costs to cover
1.807%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Extended: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago2.06 bp20.5 bp −$21163.2 bp −$1,632doesn't fitdoesn't fit
Sell Extended live order book, 46 min ago3.08 bp64.7 bp −$65doesn't fitdoesn't fitdoesn't fit

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 KATUSDT+0.0100%4h0.004852+0.048%$806K$302K25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004846−0.076%$841K$1.4M20xas long as short
Gate KAT_USDT+0.0100%4h0.004840−0.200%$213K$123K50xas long as short
KuCoin KATUSDTM+0.0100%4h0.004844−0.117%$201K$56K10xas long as short
Bitget KATUSDT+0.0100%4h0.004852+0.048%$510K$205K20xas long as short
SunX KAT-USDT+0.0100%4h0.004840−0.200%$2K$1.0M20xas long as short
Katana Perps KAT-USD+0.0112%8h0.004853+0.068%$1K$2K5xas long as short
BloFin KAT-USDT+0.0140%4h0.004855+0.109%$128K$16K50xas long as short
Extended KAT-USDshort+0.0192%1h0.004849−0.007%$5K$157K5x
MEXC KAT_USDT+0.0194%4h0.004849−0.014%$266K$115K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KATUSDTlong+0.0195%4h0.004850long leg$2.3M$3.2M25x
BingX KAT-USDT+0.0216%4h0.004850+0.006%$1.7Mas long as short
Aster KATUSDT+0.0390%4h0.004851+0.022%$24K$31K5xas long as short