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

KAT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.627%−$63 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KATUSDT0.0048850.0118pay 0.0059% / 4h1h 21m$816K$309K25x
ShortBitget KATUSDT0.0048830.0100get 0.0050% / 4h1h 21m$516K$208K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 59 min ago7.18 bp128.0 bp −$1281001.1 bp −$10.0Kdoesn't fitdoesn't fit
Sell Bitget live order book, 59 min ago10.26 bp30.8 bp −$31181.6 bp −$1,816doesn'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
Binance KATUSDT+0.0100%4h0.004882−0.061%$2.3M$3.2M25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004875−0.205%$846K$1.4M20xas long as short
Gate KAT_USDT+0.0100%4h0.004870−0.307%$215K$120K50xas long as short
MEXC KAT_USDT+0.0100%4h0.004881−0.082%$269K$117K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.0048850.000%$202K$58K10xas long as short
Bitget KATUSDTshort+0.0100%4h0.004883−0.041%$516K$208K20x
SunX KAT-USDT+0.0100%4h0.004870−0.307%$1K$1.0M20xas long as short
Extended KAT-USD+0.0104%1h0.004883−0.039%$5K$157K5xas long as short
Katana Perps KAT-USD+0.0112%8h0.004883−0.041%$1K$2K5xas long as short
Bybit KATUSDTlong+0.0118%4h0.004885long leg$816K$309K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KAT-USDT+0.0128%4h0.004880−0.102%$1.7Mas long as short
BloFin KAT-USDT+0.0148%4h0.004880−0.102%$127K$17K50xas long as short
Aster KATUSDT+0.0258%4h0.004887+0.051%$24K$29K5xas long as short