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

KAT

all KAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0081%/8h= −8.9% APRnext payment $0.41 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Binance−0.350%7-day average −0.194% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 3 days (all we have)+0.158%+$16 · spread now −0.350%, 7d avg −0.194%
Together, before fees+0.236%+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.156% cheaper against Binance than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.194%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KATUSDT0.0048570.0181pay 0.0091% / 4h2h 35m$2.3M$3.2M25x
ShortSunX KAT-USDT0.0048400.0100get 0.0050% / 4h2h 35m$1K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$17.09
Price spread: −0.350% → −0.194%
−$15.57
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$50.67
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 1 min ago; SunX: live order book, 8 min ago. Net counts fees only.

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, 1 min ago1.03 bp19.5 bp −$19156.4 bp −$1,564doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago505.68 bpdoesn't fitdoesn'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%4h0.004852−0.103%$806K$302K25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004850−0.144%$842K$1.4M20xas long as short
Gate KAT_USDT+0.0100%4h0.004840−0.350%$213K$123K50xas long as short
KuCoin KATUSDTM+0.0100%4h0.004848−0.185%$201K$56K10xas long as short
Bitget KATUSDT+0.0100%4h0.004856−0.020%$511K$205K20xas long as short
SunX KAT-USDTshort+0.0100%4h0.004840−0.350%$1K$1.0M20x
Katana Perps KAT-USD+0.0112%8h0.004855−0.041%$1K$2K5xas long as short
BloFin KAT-USDT+0.0153%4h0.004852−0.103%$127K$16K50xas long as short
MEXC KAT_USDT+0.0180%4h0.004856−0.020%$266K$116K20xas long as short
Binance KATUSDTlong+0.0181%4h0.004857long leg$2.3M$3.2M25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KAT-USD+0.0184%1h0.004853−0.074%$5K$157K5xas long as short
BingX KAT-USDT+0.0196%4h0.004854−0.061%$1.7Mas long as short
Aster KATUSDT+0.0386%4h0.004854−0.068%$24K$31K5xas long as short