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−0.0049%/8h= −5.4% APRnext payment $0.25 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against BloFin+0.316%101s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 3 days (all we have)−0.360%−$36 · spread now +0.316%, 7d avg −0.007%
Together, before fees−0.357%−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.323% dearer against BloFin than usual: you sell high and buy low (spread +0.316% now, against its 7-day average of −0.007%): +$32 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin KAT-USDT0.0048780.0159pay 0.0080% / 4h1h 43m$127K$17K50x
ShortBinance KATUSDT0.0048930.0110get 0.0055% / 4h1h 43m$2.3M$3.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$10.37
Price spread: +0.316% → −0.007%
$32.32
Slippage, 4 orders
−$54.2
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$54.25
Costs to cover
0.762%
Break-even
never at this rate
Slippage from BloFin: live order book, 29 min ago; Binance: live order book, 7 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 BloFin live order book, 29 min ago2.06 bp15.3 bp −$1550.7 bp −$507doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.02 bp18.7 bp −$19202.3 bp −$2,023doesn'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%4h0.004890+0.246%$843K$1.4M20xas long as short
Gate KAT_USDT+0.0100%4h0.004880+0.041%$216K$119K50xas long as short
KuCoin KATUSDTM+0.0100%4h0.004888+0.205%$206K$58K10xas long as short
Bitget KATUSDT+0.0100%4h0.004890+0.246%$517K$208K20xas long as short
SunX KAT-USDT+0.0100%4h0.004890+0.246%$1K$1.0M20xas long as short
Binance KATUSDTshort+0.0110%4h0.004893+0.316%$2.3M$3.2M25x
Extended KAT-USD+0.0112%1h0.004892+0.296%$5K$157K5xas long as short
Katana Perps KAT-USD+0.0113%8h0.004879+0.021%$1K$2K5xas long as short
MEXC KAT_USDT+0.0114%4h0.004892+0.287%$269K$115K20xas long as short
BloFin KAT-USDTlong+0.0159%4h0.004878long leg$127K$17K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KATUSDT+0.0305%4h0.004893+0.308%$816K$310K25xas long as short
Aster KATUSDT+0.0329%4h0.004893+0.308%$24K$31K5xas long as short
BingX KAT-USDT+0.0360%4h0.004892+0.287%$1.7Mas long as short