Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.021%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.115%−$11 · spread now −0.021%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KATUSDT | 0.004856 | 0.0178 | pay 0.0089% / 4h | 2h 33m | $2.3M | $3.2M | 25x |
| Short | MEXC KAT_USDT | 0.004855 | 0.0176 | get 0.0088% / 4h | 2h 33m | $266K | $116K | 20x |
Binance KATUSDT
MEXC KAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.4
- Price spread: −0.021% → −0.014%
- −$0.62
- Slippage, 4 orders
- −$51.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$70.58
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 48 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, 2 min ago | 1.03 bp | 19.5 bp −$19 | 156.4 bp −$1,564 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 48 min ago | 1.03 bp | 12.7 bp −$13 | 38.5 bp −$385 | 236.8 bp −$23.7K | 832.5 bp −$416.3K |
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 | 0.004850 | −0.124% | $842K | $1.4M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004840 | −0.329% | $213K | $123K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004845 | −0.227% | $201K | $56K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004855 | −0.021% | $511K | $205K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004850 | −0.124% | $1K | $1.0M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0112% | 8h | 0.004857 | +0.021% | $1K | $2K | 5x | as long as short |
| BloFin KAT-USDT | +0.0153% | 4h | 0.004852 | −0.082% | $127K | $16K | 50x | as long as short |
| Extended KAT-USD | +0.0176% | 1h | 0.004856 | +0.008% | $5K | $157K | 5x | as long as short |
| MEXC KAT_USDTshort | +0.0176% | 4h | 0.004855 | −0.021% | $266K | $116K | 20x | |
| Binance KATUSDTlong | +0.0178% | 4h | 0.004856 | long leg | $2.3M | $3.2M | 25x |
OKX KAT-USDT-SWAP
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
BloFin KAT-USDT
Extended KAT-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KAT-USDT | +0.0196% | 4h | 0.004855 | −0.021% | — | $1.6M | — | as long as short |
| Bybit KATUSDT | +0.0201% | 4h | 0.004857 | +0.021% | $807K | $302K | 25x | as long as short |
| Aster KATUSDT | +0.0385% | 4h | 0.004856 | −0.010% | $24K | $31K | 5x | as long as short |
BingX KAT-USDT
Bybit KATUSDT
Aster KATUSDT