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

KAT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin KAT-USDT0.0048900.0307pay 0.0154% / 4h1h 42m$128K$14K50x
ShortBybit KATUSDT0.0049000.0642get 0.0321% / 4h1h 42m$823K$335K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 68 min ago4.09 bp14.8 bp −$1578.0 bp −$780doesn't fitdoesn't fit
Sell Bybit live order book, 17 min ago6.12 bp88.7 bp −$89doesn't fitdoesn'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%4h0.004898+0.164%$840K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004880−0.204%$213K$114K50xas long as short
KuCoin KATUSDTM+0.0100%4h0.004892+0.041%$202K$55K10xas long as short
Bitget KATUSDT+0.0100%4h0.004899+0.184%$535K$222K20xas long as short
SunX KAT-USDT+0.0100%4h0.004880−0.204%$1K$1.1M20xas long as short
Katana Perps KAT-USD+0.0136%8h0.004892+0.041%$1K$2K5xas long as short
MEXC KAT_USDT+0.0244%4h0.004900+0.204%$253K$115K20xas long as short
Binance KATUSDT+0.0256%4h0.004902+0.244%$2.3M$3.4M25xas long as short
Extended KAT-USD+0.0256%1h0.004896+0.132%$5K$103K5xas long as short
BloFin KAT-USDTlong+0.0307%4h0.004890long leg$128K$14K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KATUSDT+0.0501%4h0.004899+0.185%$24K$33K5xas long as short
Bybit KATUSDTshort+0.0642%4h0.004900+0.204%$823K$335K25x
BingX KAT-USDT+0.0674%4h0.004901+0.225%$1.7Mas long as short