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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0229%/8h= −25.1% APRpaid last 24h −0.059%
Price spread now: Extended against Bybit+0.015%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$3093.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.341%−$34 on $10k
Price spread, last 4 days (all we have)−0.195%−$20 · spread now +0.015%, 7d avg −0.077%
Together, before fees−0.536%+ Points / potential airdropExtended: Active · farm board−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.092% dearer against Bybit than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.077%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KATUSDT0.0049050.0349pay 0.0175% / 4h1h 42m$820K$355K25x
ShortExtended KAT-USD0.0049060.0120get 0.0015% / 1h42m 43s$5K$198K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$48.12
Price spread: +0.015% → −0.077%
$9.18
Slippage, 4 orders
−$293.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$348.11
Costs to cover
3.092%
Break-even
never at this rate
Slippage from Bybit: live order book, 62 min ago; Extended: live order book, 20 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, 62 min ago5.12 bp95.5 bp −$951638.8 bp −$16.4Kdoesn't fitdoesn't fit
Sell Extended live order book, 20 min ago3.02 bp64.7 bp −$65536.8 bp −$5,368doesn'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-USDT+0.0084%4h0.004898−0.143%$126K$17K50xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004899−0.122%$840K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004900−0.102%$213K$117K50xas long as short
KuCoin KATUSDTM+0.0100%4h0.004897−0.163%$202K$54K10xas long as short
Bitget KATUSDT+0.0100%4h0.004902−0.061%$533K$223K20xas long as short
SunX KAT-USDT+0.0100%4h0.004900−0.102%$1K$1.2M20xas long as short
Binance KATUSDT+0.0110%4h0.004904−0.027%$2.3M$3.6M25xas long as short
MEXC KAT_USDT+0.0116%4h0.0049050.000%$243K$117K20xas long as short
Extended KAT-USDshort+0.0120%1h0.004906+0.015%$5K$198K5x
Katana Perps KAT-USD+0.0133%8h0.004914+0.183%$1K$15K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KATUSDT+0.0286%4h0.004905+0.005%$24K$32K5xas long as short
Bybit KATUSDTlong+0.0349%4h0.004905long leg$820K$355K25x
BingX KAT-USDT+0.0370%4h0.004904−0.020%$1.7Mas long as short