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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.073%
Price spread now: Gate against Bybit−0.184%7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2512.508% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.238%−$24 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.184%, 7d avg −0.206%
Together, before fees−0.349%−$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.022% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.206%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KATUSDT0.0048890.0100pay 0.0050% / 4h3h 33m$813K$338K25x
ShortGate KAT_USDT0.0048800.0100get 0.0050% / 4h3h 33m$213K$114K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.184% → −0.206%
$2.18
Slippage, 4 orders
−$224.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$248.63
Costs to cover
2.508%
Break-even
never at this rate
Slippage from Bybit: live order book, 17 min ago; Gate: live order book, 13 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, 17 min ago7.15 bp67.6 bp −$681668.2 bp −$16.7Kdoesn't fitdoesn't fit
Sell Gate live order book, 13 min ago10.22 bp68.4 bp −$68doesn'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
Bybit KATUSDTlong+0.0100%4h0.004889long leg$813K$338K25x
OKX KAT-USDT-SWAP+0.0100%4h0.004883−0.123%$837K$1.3M20xas long as short
Gate KAT_USDTshort+0.0100%4h0.004880−0.184%$213K$114K50x
KuCoin KATUSDTM+0.0100%4h0.004885−0.082%$201K$55K10xas long as short
Bitget KATUSDT+0.0100%4h0.004888−0.020%$534K$219K20xas long as short
SunX KAT-USDT+0.0100%4h0.004880−0.184%$2K$1.1M20xas long as short
Katana Perps KAT-USD+0.0128%8h0.004888−0.020%$1K$15K5xas long as short
BloFin KAT-USDT+0.0216%4h0.004890+0.020%$126K$15K50xas long as short
Binance KATUSDT+0.0255%4h0.004888−0.020%$2.3M$3.4M25xas long as short
Extended KAT-USD+0.0256%1h0.004885−0.085%$5K$94K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KAT_USDT+0.0262%4h0.004887−0.041%$244K$116K20xas long as short
BingX KAT-USDT+0.0270%4h0.0048890.000%$1.7Mas long as short
Aster KATUSDT+0.0480%4h0.004882−0.143%$24K$32K5xas long as short