Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.044%
Price spread now: Bitget against Bybit−0.041%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3463.459% of the position
Funding, last 7 days−0.401%−$40 on $10k
+Price spread, last 4 days (all we have)−0.226%−$23 · spread now −0.041%, 7d avg −0.076%
=The price spread pays, funding is against you. Bitget is 0.035% dearer against Bybit than usual: you sell high and buy low (spread −0.041% now, against its 7-day average of −0.076%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.7 days. At the pace of the last 7 days (−0.401% in total) that is about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KATUSDT | 0.004885 | 0.0118 | pay 0.0059% / 4h | 1h 21m | $816K | $309K | 25x |
| Short | Bitget KATUSDT | 0.004883 | 0.0100 | get 0.0050% / 4h | 1h 21m | $516K | $208K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$3.7
- Price spread: −0.041% → −0.076%
- $3.52
- Slippage, 4 orders
- −$322.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$346.05
- Costs to cover
- 3.459%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 59 min ago; Bitget: live order book, 59 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 Bybit live order book, 59 min ago | 7.18 bp | 128.0 bp −$128 | 1001.1 bp −$10.0K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 59 min ago | 10.26 bp | 30.8 bp −$31 | 181.6 bp −$1,816 | 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 | 0.004882 | −0.061% | $2.3M | $3.2M | 25x | as long as short |
| OKX KAT-USDT-SWAP | +0.0100% | 4h | 0.004875 | −0.205% | $846K | $1.4M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004870 | −0.307% | $215K | $120K | 50x | as long as short |
| MEXC KAT_USDT | +0.0100% | 4h | 0.004881 | −0.082% | $269K | $117K | 20x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004885 | 0.000% | $202K | $58K | 10x | as long as short |
| Bitget KATUSDTshort | +0.0100% | 4h | 0.004883 | −0.041% | $516K | $208K | 20x | |
| SunX KAT-USDT | +0.0100% | 4h | 0.004870 | −0.307% | $1K | $1.0M | 20x | as long as short |
| Extended KAT-USD | +0.0104% | 1h | 0.004883 | −0.039% | $5K | $157K | 5x | as long as short |
| Katana Perps KAT-USD | +0.0112% | 8h | 0.004883 | −0.041% | $1K | $2K | 5x | as long as short |
| Bybit KATUSDTlong | +0.0118% | 4h | 0.004885 | long leg | $816K | $309K | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KAT-USDT | +0.0128% | 4h | 0.004880 | −0.102% | — | $1.7M | — | as long as short |
| BloFin KAT-USDT | +0.0148% | 4h | 0.004880 | −0.102% | $127K | $17K | 50x | as long as short |
| Aster KATUSDT | +0.0258% | 4h | 0.004887 | +0.051% | $24K | $29K | 5x | as long as short |
Bybit KATUSDT
Bitget KATUSDT
Binance KATUSDT
OKX KAT-USDT-SWAP
Gate KAT_USDT
MEXC KAT_USDT
KuCoin KATUSDTM
SunX KAT-USDT
Extended KAT-USD
Katana Perps KAT-USD
BingX KAT-USDT
BloFin KAT-USDT
Aster KATUSDT