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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0344%/8h= −37.7% APRnext payment $1.72 per $10,000 · paid last 24h −0.069%
Price spread now: KuCoin against BingX−0.285%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,976as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,966as in the Price arb table
costs, in and out, $10k−$1,94519.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.314%−$31 on $10k
Price spread, last 4 days (all we have)+0.264%+$26 · spread now −0.285%, 7d avg −0.076%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.210% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.076%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KAT-USDT0.0049050.0444pay 0.0222% / 4h2h 20m$1.7M
ShortKuCoin KATUSDTM0.0048910.0100get 0.0050% / 4h2h 20m$202K$54K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$72.24
Price spread: −0.285% → −0.076%
−$20.99
Slippage, 4 orders
−$1,922.7
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,037.93
Costs to cover
19.447%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 35 min ago.

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 ago5.13 bp27.0 bp −$2787.2 bp −$872doesn't fitdoesn't fit
Sell KuCoin live order book, 35 min ago43.92 bp916.8 bp −$917doesn'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
OKX KAT-USDT-SWAP+0.0100%4h0.004899−0.122%$840K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004890−0.306%$214K$118K50xas long as short
KuCoin KATUSDTMshort+0.0100%4h0.004891−0.285%$202K$54K10x
Bitget KATUSDT+0.0100%4h0.004892−0.265%$533K$220K20xas long as short
SunX KAT-USDT+0.0100%4h0.004880−0.510%$2K$1.1M20xas long as short
MEXC KAT_USDT+0.0118%4h0.004901−0.082%$242K$117K20xas long as short
Binance KATUSDT+0.0120%4h0.004906+0.012%$2.3M$3.5M25xas long as short
Extended KAT-USD+0.0120%1h0.004900−0.093%$5K$198K5xas long as short
Katana Perps KAT-USD+0.0134%8h0.004906+0.020%$1K$15K5xas long as short
BloFin KAT-USDT+0.0157%4h0.004891−0.285%$126K$16K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KATUSDT+0.0316%4h0.004892−0.260%$24K$32K5xas long as short
BingX KAT-USDTlong+0.0444%4h0.004905long leg$1.7M
Bybit KATUSDT+0.0550%4h0.004904−0.020%$817K$346K25xas long as short