Funding arb · Price arb /

KAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget+0.082%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$1021.015% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.082%, 7d avg +0.012%

Together, before fees+0.068%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.069% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KATUSDT	0.004902	0.0100	pay 0.0050% / 4h	8m 41s	$539K	$222K	20x
Short	MEXC KAT_USDT	0.004906	0.0100	get 0.0050% / 4h	8m 41s	$272K	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → +0.012%: $6.92
Slippage, 4 orders: −$81.54
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$94.62
Costs to cover: 1.015%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 51 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, 1 min ago	6.12 bp	39.0 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 51 min ago	1.02 bp	11.3 bp −$11	37.6 bp −$376	238.0 bp −$23.8K	824.5 bp −$412.2K

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	0.004907	+0.107%	$2.3M	$3.3M	25x	as long as short
Bybit KATUSDT	+0.0100%	4h	0.004906	+0.082%	$823K	$318K	25x	as long as short
OKX KAT-USDT-SWAP	+0.0100%	4h	0.004899	−0.061%	$851K	$1.4M	20x	as long as short
Gate KAT_USDT	+0.0100%	4h	0.004890	−0.245%	$215K	$119K	50x	as long as short
MEXC KAT_USDTshort	+0.0100%	4h	0.004906	+0.082%	$272K	$117K	20x
KuCoin KATUSDTM	+0.0100%	4h	0.004895	−0.143%	$203K	$57K	10x	as long as short
Bitget KATUSDTlong	+0.0100%	4h	0.004902	long leg	$539K	$222K	20x
BingX KAT-USDT	+0.0100%	4h	0.004904	+0.041%	—	$1.7M	—	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004900	−0.041%	$2K	$1.1M	20x	as long as short
Extended KAT-USD	+0.0104%	1h	0.004906	+0.078%	$5K	$157K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KAT-USDT	+0.0114%	4h	0.004901	−0.020%	$127K	$18K	50x	as long as short
Katana Perps KAT-USD	+0.0116%	8h	0.004909	+0.143%	$1K	$2K	5x	as long as short
Aster KATUSDT	+0.0135%	4h	0.004901	−0.020%	$24K	$32K	5x	as long as short