Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bitget+0.123%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1111.108% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.123%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.093% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KATUSDT | 0.004896 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $538K | $222K | 20x |
| Short | BloFin KAT-USDT | 0.004902 | 0.0150 | get 0.0075% / 4h | 3h 18m | $127K | $15K | 50x |
Bitget KATUSDT
BloFin KAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $10.57
- Price spread: +0.123% → +0.029%
- $9.35
- Slippage, 4 orders
- −$86.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.87
- Costs to cover
- 1.108%
- Break-even
- 67.2 days
Slippage from Bitget: live order book, 51 min ago; BloFin: live order book, 37 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, 51 min ago | 6.12 bp | 39.0 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 2.04 bp | 13.8 bp −$14 | 58.2 bp −$582 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KATUSDT | +0.0100% | 4h | 0.004894 | −0.041% | $2.3M | $3.3M | 25x | as long as short |
| OKX KAT-USDT-SWAP | +0.0100% | 4h | 0.004890 | −0.123% | $849K | $1.3M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004890 | −0.123% | $215K | $115K | 50x | as long as short |
| MEXC KAT_USDT | +0.0100% | 4h | 0.004897 | +0.020% | $264K | $118K | 20x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004904 | +0.163% | $203K | $57K | 10x | as long as short |
| Bitget KATUSDTlong | +0.0100% | 4h | 0.004896 | long leg | $538K | $222K | 20x | |
| SunX KAT-USDT | +0.0100% | 4h | 0.004890 | −0.123% | $1K | $1.1M | 20x | as long as short |
| Extended KAT-USD | +0.0104% | 1h | 0.004896 | −0.006% | $8K | $100K | 5x | as long as short |
| Katana Perps KAT-USD | +0.0117% | 8h | 0.004903 | +0.143% | $1K | $2K | 5x | as long as short |
| BloFin KAT-USDTshort | +0.0150% | 4h | 0.004902 | +0.123% | $127K | $15K | 50x |
Binance KATUSDT
OKX KAT-USDT-SWAP
Gate KAT_USDT
MEXC KAT_USDT
KuCoin KATUSDTM
SunX KAT-USDT
Extended KAT-USD
Katana Perps KAT-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0186% | 4h | 0.004901 | +0.095% | $24K | $33K | 5x | as long as short |
| Bybit KATUSDT | +0.0635% | 4h | 0.004900 | +0.082% | $822K | $322K | 25x | as long as short |
| BingX KAT-USDT | +0.0746% | 4h | 0.004893 | −0.061% | — | $1.7M | — | as long as short |
Aster KATUSDT
Bybit KATUSDT
BingX KAT-USDT