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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.011%
Price spread now: KuCoin against BloFin−0.161%65s7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,910as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,91819.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.161%, 7d avg −0.071%
Together, before fees+0.152%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.090% cheaper against BloFin than usual: you would sell low and buy high (spread −0.161% now, against its 7-day average of −0.071%). If the spread goes back, that is −$9 on $10k: about 8.9 days of funding at the current rate (+$1 a day). The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin KAT-USDT0.0049720.0066pay 0.0033% / 4h3h 46m$128K$17K50x
ShortKuCoin KATUSDTM0.0049640.0100get 0.0050% / 4h3h 46m$204K$42K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$7.04
Price spread: −0.161% → −0.071%
−$8.96
Slippage, 4 orders
−$1,893.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,919.52
Costs to cover
19.176%
Break-even
1914.3 days
Slippage from BloFin: live order book, 10 min ago; KuCoin: live order book, 45 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, 10 min ago2.02 bp18.0 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 45 min ago21.45 bp905.6 bp −$906doesn'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
BloFin KAT-USDTlong+0.0066%4h0.004972long leg$128K$17K50x
Katana Perps KAT-USD+0.0100%8h0.004974+0.040%$1K$15K5xas long as short
Binance KATUSDT+0.0100%4h0.004973+0.013%$2.4M$4.0M25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004962−0.201%$835K$1.5M20xas long as short
Gate KAT_USDT+0.0100%4h0.004960−0.241%$213K$93K50xas long as short
MEXC KAT_USDT+0.0100%4h0.0049720.000%$246K$116K20xas long as short
KuCoin KATUSDTMshort+0.0100%4h0.004964−0.161%$204K$42K10x
Bitget KATUSDT+0.0100%4h0.004964−0.161%$530K$230K20xas long as short
BingX KAT-USDT+0.0100%4h0.004971−0.020%$1.7Mas long as short
SunX KAT-USDT+0.0100%4h0.004960−0.241%$1K$1.3M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KAT-USD+0.0104%1h0.004971−0.018%$5K$195K5xas long as short
Aster KATUSDT+0.0112%4h0.004962−0.194%$24K$34K5xas long as short
Bybit KATUSDT+0.0666%4h0.004970−0.040%$812K$419K25xas long as short