KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0722%/8h= −79.1% APRnext payment −$3.61 per $10,000 · paid last 24h −0.042%

Price spread now: KuCoin against Bybit−0.285%7-day average −0.116% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,249as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,242as in the Price arb table

costs, in and out, $10k−$2,22522.250% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.240%−$24 on $10k

Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.285%, 7d avg −0.116%

Together, before fees−0.121%−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and KuCoin is 0.169% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.116%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.240% in total (about -12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KATUSDT	0.004910	0.0822	pay 0.0411% / 4h	2h 22m	$825K	$331K	25x
Short	KuCoin KATUSDTM	0.004896	0.0100	get 0.0050% / 4h	2h 22m	$202K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.285%Rate

Funding earned: −$151.64
Price spread: −0.285% → −0.116%: −$16.94
Slippage, 4 orders: −$2,202.03
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2,393.61
Costs to cover: 22.250%
Break-even: never at this rate

Slippage from Bybit: live order book, 42 min ago; KuCoin: live order book, 13 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, 42 min ago	5.07 bp	121.1 bp −$121	2136.2 bp −$21.4K	doesn't fit	doesn't fit
Sell KuCoin live order book, 13 min ago	37.75 bp	951.1 bp −$951	doesn't fit	doesn't fit	doesn't fit

KAT on 12 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
OKX KAT-USDT-SWAP	+0.0100%	4h	0.004905	−0.102%	$844K	$1.3M	20x	as long as short
Gate KAT_USDT	+0.0100%	4h	0.004890	−0.407%	$215K	$115K	50x	as long as short
KuCoin KATUSDTMshort	+0.0100%	4h	0.004896	−0.285%	$202K	$56K	10x
Bitget KATUSDT	+0.0100%	4h	0.004910	0.000%	$536K	$223K	20x	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004890	−0.407%	$1K	$1.1M	20x	as long as short
Katana Perps KAT-USD	+0.0129%	8h	0.004911	+0.020%	$1K	$2K	5x	as long as short
Extended KAT-USD	+0.0152%	1h	0.004909	−0.022%	$6K	$97K	5x	as long as short
MEXC KAT_USDT	+0.0152%	4h	0.004910	0.000%	$254K	$118K	20x	as long as short
Binance KATUSDT	+0.0153%	4h	0.004912	+0.045%	$2.3M	$3.4M	25x	as long as short
Aster KATUSDT	+0.0405%	4h	0.004899	−0.226%	$24K	$34K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KAT-USDT	+0.0794%	4h	0.004910	0.000%	—	$1.7M	—	as long as short
Bybit KATUSDTlong	+0.0822%	4h	0.004910	long leg	$825K	$331K	25x