Funding you earn now, next payment 04:00 UTC+0.0335%/8h= +36.7% APRnext payment +$1.68 per $10,000 · paid last 24h +0.047%
Price spread now: Bybit against BloFin+0.204%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2372.374% of the position
Funding, last 7 days+0.328%+$33 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.204%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.169% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KAT-USDT | 0.004890 | 0.0307 | pay 0.0154% / 4h | 1h 42m | $128K | $14K | 50x |
| Short | Bybit KATUSDT | 0.004900 | 0.0642 | get 0.0321% / 4h | 1h 42m | $823K | $335K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $70.36
- Price spread: +0.204% → +0.036%
- $16.86
- Slippage, 4 orders
- −$214.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$150.21
- Costs to cover
- 2.374%
- Break-even
- 21.9 days
Slippage from BloFin: live order book, 68 min ago; Bybit: live order book, 17 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, 68 min ago | 4.09 bp | 14.8 bp −$15 | 78.0 bp −$780 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 17 min ago | 6.12 bp | 88.7 bp −$89 | doesn't fit | 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 | 0.004898 | +0.164% | $840K | $1.3M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004880 | −0.204% | $213K | $114K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004892 | +0.041% | $202K | $55K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004899 | +0.184% | $535K | $222K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004880 | −0.204% | $1K | $1.1M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0136% | 8h | 0.004892 | +0.041% | $1K | $2K | 5x | as long as short |
| MEXC KAT_USDT | +0.0244% | 4h | 0.004900 | +0.204% | $253K | $115K | 20x | as long as short |
| Binance KATUSDT | +0.0256% | 4h | 0.004902 | +0.244% | $2.3M | $3.4M | 25x | as long as short |
| Extended KAT-USD | +0.0256% | 1h | 0.004896 | +0.132% | $5K | $103K | 5x | as long as short |
| BloFin KAT-USDTlong | +0.0307% | 4h | 0.004890 | long leg | $128K | $14K | 50x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0501% | 4h | 0.004899 | +0.185% | $24K | $33K | 5x | as long as short |
| Bybit KATUSDTshort | +0.0642% | 4h | 0.004900 | +0.204% | $823K | $335K | 25x | |
| BingX KAT-USDT | +0.0674% | 4h | 0.004901 | +0.225% | — | $1.7M | — | as long as short |
BloFin KAT-USDT
Bybit KATUSDT
OKX KAT-USDT-SWAP
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
MEXC KAT_USDT
Binance KATUSDT
Extended KAT-USD
Aster KATUSDT
BingX KAT-USDT