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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0485%/8h= −53.1% APRpaid last 24h −0.035%
Price spread now: Katana Perps against BingX−0.020%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Katana Perps is 0.020% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KAT-USDT0.0049020.0620pay 0.0310% / 4h2h 05m$1.7M
ShortKatana Perps KAT-USD0.0049010.0135get 0.0135% / 8h6h 05m$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against BingX. 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
−$101.86
Price spread: −0.020% → 0.000%
−$2.04
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
−$117.7
Costs to cover
0.138%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 11 min ago; Katana Perps: no order-book sample. 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 BingX live order book, 11 min ago5.09 bp23.2 bp −$2383.8 bp −$838doesn't fitdoesn't fit
Sell Katana Perps no order-book sample
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

KAT on 12 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
OKX KAT-USDT-SWAP+0.0100%4h0.004899−0.061%$841K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004880−0.449%$214K$115K50xas long as short
KuCoin KATUSDTM+0.0100%4h0.004894−0.163%$202K$55K10xas long as short
Bitget KATUSDT+0.0100%4h0.004903+0.020%$535K$224K20xas long as short
SunX KAT-USDT+0.0100%4h0.004890−0.245%$2K$1.1M20xas long as short
Katana Perps KAT-USDshort+0.0135%8h0.004901−0.020%$1K$2K5x
MEXC KAT_USDT+0.0198%4h0.004900−0.041%$253K$119K20xas long as short
Extended KAT-USD+0.0200%1h0.004899−0.061%$5K$102K5xas long as short
Binance KATUSDT+0.0203%4h0.004901−0.024%$2.3M$3.4M25xas long as short
Aster KATUSDT+0.0454%4h0.004901−0.027%$24K$33K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KAT-USDTlong+0.0620%4h0.004902long leg$1.7M
Bybit KATUSDT+0.0705%4h0.004906+0.082%$823K$334K25xas long as short