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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h +0.007%
Price spread now: Katana Perps against Bitget+0.143%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays $0 a day on $10k at the current rate, and Katana Perps is 0.143% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KATUSDT0.0049020.0100pay 0.0050% / 4h8m 22s$539K$222K20x
ShortKatana Perps KAT-USD0.0049090.0116get 0.0116% / 8h8m 22s$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Katana Perps against Bitget. 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
$3.27
Price spread: +0.143% → 0.000%
$14.28
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Net
$1.75
Costs to cover
0.158%
Break-even
3.3 days
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago6.12 bp39.0 bp −$39doesn't fitdoesn'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 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
Binance KATUSDT+0.0100%4h0.004908+0.122%$2.3M$3.3M25xas long as short
Bybit KATUSDT+0.0100%4h0.004907+0.102%$823K$318K25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004899−0.061%$851K$1.4M20xas long as short
Gate KAT_USDT+0.0100%4h0.004890−0.245%$215K$119K50xas long as short
MEXC KAT_USDT+0.0100%4h0.004908+0.122%$272K$117K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.004898−0.082%$203K$57K10xas long as short
Bitget KATUSDTlong+0.0100%4h0.004902long leg$539K$222K20x
BingX KAT-USDT+0.0100%4h0.004904+0.041%$1.7Mas long as short
SunX KAT-USDT+0.0100%4h0.004900−0.041%$1K$1.1M20xas long as short
Extended KAT-USD+0.0104%1h0.004907+0.102%$5K$157K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAT-USDT+0.0114%4h0.004901−0.020%$127K$18K50xas long as short
Katana Perps KAT-USDshort+0.0116%8h0.004909+0.143%$1K$2K5x
Aster KATUSDT+0.0135%4h0.004901−0.020%$24K$32K5xas long as short