KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.011%

Price spread now: Bitget against BloFin−0.164%105s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1111.107% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.164%, 7d avg −0.021%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.143% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KAT-USDT	0.004874	0.0118	pay 0.0059% / 4h	2h 41m	$126K	$15K	50x
Short	Bitget KATUSDT	0.004866	0.0100	get 0.0050% / 4h	2h 41m	$526K	$219K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now −0.164%Rate

Funding earned: −$3.86
Price spread: −0.164% → −0.021%: −$14.3
Slippage, 4 orders: −$86.72
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$128.88
Costs to cover: 1.107%
Break-even: never at this rate

Slippage from BloFin: live order book, 37 min ago; Bitget: live order book, 3 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 BloFin live order book, 37 min ago	5.12 bp	15.9 bp −$16	62.6 bp −$626	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	5.12 bp	38.5 bp −$39	242.7 bp −$2,427	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
OKX KAT-USDT-SWAP	+0.0100%	4h	0.004862	−0.246%	$832K	$1.3M	20x	as long as short
Gate KAT_USDT	+0.0100%	4h	0.004870	−0.082%	$211K	$117K	50x	as long as short
KuCoin KATUSDTM	+0.0100%	4h	0.004868	−0.123%	$201K	$54K	10x	as long as short
Bitget KATUSDTshort	+0.0100%	4h	0.004866	−0.164%	$526K	$219K	20x
SunX KAT-USDT	+0.0100%	4h	0.004860	−0.287%	$2K	$1.1M	20x	as long as short
BloFin KAT-USDTlong	+0.0118%	4h	0.004874	long leg	$126K	$15K	50x
Katana Perps KAT-USD	+0.0135%	8h	0.004872	−0.041%	$1K	$15K	5x	as long as short
Binance KATUSDT	+0.0150%	4h	0.004868	−0.130%	$2.3M	$3.5M	25x	as long as short
MEXC KAT_USDT	+0.0158%	4h	0.004868	−0.123%	$242K	$116K	20x	as long as short
Extended KAT-USD	+0.0160%	1h	0.004869	−0.100%	$5K	$198K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KATUSDT	+0.0359%	4h	0.004872	−0.048%	$24K	$32K	5x	as long as short
Bybit KATUSDT	+0.0410%	4h	0.004868	−0.123%	$811K	$342K	25x	as long as short
BingX KAT-USDT	+0.0442%	4h	0.004872	−0.041%	—	$1.7M	—	as long as short