Funding you earn now, next payment 00:00 UTC+0.0372%/8h= +40.7% APRnext payment +$1.86 per $10,000 · paid last 24h +0.046%
Price spread now: BingX against Bitget−0.041%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1241.245% of the position
Funding, last 7 days+0.439%+$44 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.041%, 7d avg +0.034%
=Funding pays, the price is against you. BingX is 0.075% cheaper against Bitget than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.034%). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KATUSDT | 0.004879 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $516K | $208K | 20x |
| Short | BingX KAT-USDT | 0.004877 | 0.0472 | get 0.0236% / 4h | 1h 49m | — | $1.7M | — |
Bitget KATUSDT
BingX KAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $78.12
- Price spread: −0.041% → +0.034%
- −$7.45
- Slippage, 4 orders
- −$102.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$53.83
- Costs to cover
- 1.245%
- Break-even
- 11.8 days
Slippage from Bitget: live order book, 30 min ago; BingX: live order book, 12 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 Bitget live order book, 30 min ago | 10.26 bp | 48.2 bp −$48 | 212.6 bp −$2,126 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 6.18 bp | 25.5 bp −$25 | 83.0 bp −$830 | 1005.3 bp −$100.5K | 1307.1 bp −$653.5K |
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 | 0.004876 | −0.061% | $842K | $1.4M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004870 | −0.184% | $215K | $119K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004877 | −0.041% | $206K | $58K | 10x | as long as short |
| Bitget KATUSDTlong | +0.0100% | 4h | 0.004879 | long leg | $516K | $208K | 20x | |
| SunX KAT-USDT | +0.0100% | 4h | 0.004870 | −0.184% | $1K | $1.0M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0114% | 8h | 0.004881 | +0.041% | $1K | $2K | 5x | as long as short |
| Binance KATUSDT | +0.0134% | 4h | 0.004879 | −0.006% | $2.3M | $3.2M | 25x | as long as short |
| Extended KAT-USD | +0.0136% | 1h | 0.004878 | −0.022% | $5K | $157K | 5x | as long as short |
| MEXC KAT_USDT | +0.0140% | 4h | 0.004879 | 0.000% | $269K | $115K | 20x | as long as short |
| BloFin KAT-USDT | +0.0182% | 4h | 0.004896 | +0.348% | $127K | $17K | 50x | as long as short |
OKX KAT-USDT-SWAP
Gate KAT_USDT
KuCoin KATUSDTM
SunX KAT-USDT
Katana Perps KAT-USD
Binance KATUSDT
Extended KAT-USD
MEXC KAT_USDT
BloFin KAT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0358% | 4h | 0.004880 | +0.010% | $24K | $31K | 5x | as long as short |
| Bybit KATUSDT | +0.0380% | 4h | 0.004880 | +0.020% | $814K | $308K | 25x | as long as short |
| BingX KAT-USDTshort | +0.0472% | 4h | 0.004877 | −0.041% | — | $1.7M | — |
Aster KATUSDT
Bybit KATUSDT