Funding arb · Price arb /

KAT

all KAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h +0.001%

Price spread now: Extended against BloFin+0.121%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1651.648% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 3 days (all we have)−0.175%−$17 · spread now +0.121%, 7d avg −0.038%

Together, before fees−0.166%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.159% dearer against BloFin than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of −0.038%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KAT-USDT	0.004914	0.0142	pay 0.0071% / 4h	3h 14m	$128K	$16K	50x
Short	Extended KAT-USD	0.004920	0.0104	get 0.0013% / 1h	14m 44s	$5K	$105K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.121%Rate

Funding earned: −$7.99
Price spread: +0.121% → −0.038%: $15.91
Slippage, 4 orders: −$147.84
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$156.92
Costs to cover: 1.648%
Break-even: never at this rate

Slippage from BloFin: live order book, 41 min ago; Extended: live order book, 56 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, 41 min ago	2.04 bp	20.4 bp −$20	69.5 bp −$695	doesn't fit	doesn't fit
Sell Extended live order book, 56 min ago	4.08 bp	78.1 bp −$78	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
Binance KATUSDT	+0.0100%	4h	0.004921	+0.142%	$2.3M	$3.3M	25x	as long as short
OKX KAT-USDT-SWAP	+0.0100%	4h	0.004916	+0.041%	$850K	$1.3M	20x	as long as short
Gate KAT_USDT	+0.0100%	4h	0.004900	−0.285%	$216K	$115K	50x	as long as short
MEXC KAT_USDT	+0.0100%	4h	0.004921	+0.142%	$266K	$118K	20x	as long as short
KuCoin KATUSDTM	+0.0100%	4h	0.004907	−0.142%	$203K	$57K	10x	as long as short
Bitget KATUSDT	+0.0100%	4h	0.004922	+0.163%	$541K	$222K	20x	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004910	−0.081%	$1K	$1.1M	20x	as long as short
Extended KAT-USDshort	+0.0104%	1h	0.004920	+0.121%	$5K	$105K	5x
Katana Perps KAT-USD	+0.0114%	8h	0.004892	−0.448%	$1K	$2K	5x	as long as short
BloFin KAT-USDTlong	+0.0142%	4h	0.004914	long leg	$128K	$16K	50x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KATUSDT	+0.0214%	4h	0.004908	−0.124%	$24K	$33K	5x	as long as short
BingX KAT-USDT	+0.0604%	4h	0.004920	+0.122%	—	$1.7M	—	as long as short
Bybit KATUSDT	+0.0673%	4h	0.004920	+0.122%	$826K	$323K	25x	as long as short