KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.48 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.231%7-day average −0.154% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1671.668% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.231%, 7d avg −0.154%

Together, before fees+0.194%+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.077% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.154%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.120%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KATUSDT	0.004851	0.0195	pay 0.0098% / 4h	2h 40m	$2.3M	$3.2M	25x
Short	Gate KAT_USDT	0.004840	0.0100	get 0.0050% / 4h	2h 40m	$213K	$123K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.231%Rate

Funding earned: −$19.96
Price spread: −0.231% → −0.154%: −$7.73
Slippage, 4 orders: −$141.81
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$194.5
Costs to cover: 1.668%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Gate: 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 Gate live order book, 43 min ago	10.30 bp	50.1 bp −$50	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
Bybit KATUSDT	+0.0100%	4h	0.004852	+0.016%	$806K	$303K	25x	as long as short
OKX KAT-USDT-SWAP	+0.0100%	4h	0.004849	−0.045%	$842K	$1.4M	20x	as long as short
Gate KAT_USDTshort	+0.0100%	4h	0.004840	−0.231%	$213K	$123K	50x
KuCoin KATUSDTM	+0.0100%	4h	0.004846	−0.107%	$201K	$56K	10x	as long as short
Bitget KATUSDT	+0.0100%	4h	0.004854	+0.058%	$511K	$205K	20x	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004840	−0.231%	$2K	$1.0M	20x	as long as short
Katana Perps KAT-USD	+0.0112%	8h	0.004853	+0.037%	$1K	$2K	5x	as long as short
Binance KATUSDTlong	+0.0195%	4h	0.004851	long leg	$2.3M	$3.2M	25x
Extended KAT-USD	+0.0200%	1h	0.004849	−0.042%	$5K	$157K	5x	as long as short
MEXC KAT_USDT	+0.0202%	4h	0.004851	−0.004%	$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	+0.037%	$128K	$16K	50x	as long as short
BingX KAT-USDT	+0.0236%	4h	0.004852	+0.016%	—	$1.7M	—	as long as short
Aster KATUSDT	+0.0396%	4h	0.004851	+0.001%	$24K	$31K	5x	as long as short