KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0177%/8h= −19.3% APRnext payment −$0.88 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Binance−0.051%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$880.882% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days+0.149%+$15 · spread now −0.051%, 7d avg −0.016%

Together, before fees+0.200%+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.035% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.016%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, 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	0.004876	0.0277	pay 0.0138% / 4h	3h 27m	$2.3M	$3.2M	25x
Short	OKX KAT-USDT-SWAP	0.004873	0.0100	get 0.0050% / 4h	3h 27m	$874K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$37.09
Price spread: −0.051% → −0.016%: −$3.51
Slippage, 4 orders: −$68.23
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$128.84
Costs to cover: 0.882%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; OKX: live order book, 5 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, 15 min ago	2.06 bp	23.4 bp −$23	183.6 bp −$1,836	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.07 bp	20.1 bp −$20	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-SWAPshort	+0.0100%	4h	0.004873	−0.051%	$874K	$1.4M	20x
Gate KAT_USDT	+0.0100%	4h	0.004860	−0.318%	$214K	$122K	50x	as long as short
KuCoin KATUSDTM	+0.0100%	4h	0.004875	−0.010%	$200K	$58K	10x	as long as short
Bitget KATUSDT	+0.0100%	4h	0.004876	+0.010%	$514K	$214K	20x	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004860	−0.318%	$2K	$1.0M	20x	as long as short
Katana Perps KAT-USD	+0.0117%	8h	0.004879	+0.072%	$1K	$2K	5x	as long as short
MEXC KAT_USDT	+0.0276%	4h	0.004875	−0.010%	$274K	$117K	20x	as long as short
Binance KATUSDTlong	+0.0277%	4h	0.004876	long leg	$2.3M	$3.2M	25x
Extended KAT-USD	+0.0280%	1h	0.004873	−0.056%	$5K	$157K	5x	as long as short
BloFin KAT-USDT	+0.0287%	4h	0.004883	+0.154%	$130K	$16K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KATUSDT	+0.0328%	4h	0.004874	−0.031%	$810K	$302K	25x	as long as short
BingX KAT-USDT	+0.0482%	4h	0.004875	−0.010%	—	$1.7M	—	as long as short
Aster KATUSDT	+0.0512%	4h	0.004867	−0.168%	$24K	$32K	5x	as long as short