KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.044%

Price spread now: OKX against Bybit−0.061%7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$286as in the Funding arb table

Net, price: spread back to 7d avg − costs−$253as in the Price arb table

costs, in and out, $10k−$2592.591% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.268%−$27 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now −0.061%, 7d avg −0.121%

Together, before fees−0.351%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.060% dearer against Bybit than usual: you sell high and buy low (spread −0.061% now, against its 7-day average of −0.121%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.268% in total) that is about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KATUSDT	0.004923	0.0115	pay 0.0057% / 4h	53m 15s	$826K	$314K	25x
Short	OKX KAT-USDT-SWAP	0.004920	0.0100	get 0.0050% / 4h	53m 15s	$854K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$3.07
Price spread: −0.061% → −0.121%: $5.96
Slippage, 4 orders: −$238.09
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$256.2
Costs to cover: 2.591%
Break-even: never at this rate

Slippage from Bybit: live order book, 22 min ago; OKX: live order book, 3 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, 22 min ago	3.07 bp	119.8 bp −$120	1509.6 bp −$15.1K	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.02 bp	22.3 bp −$22	doesn't fit	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
BloFin KAT-USDT	+0.0071%	4h	0.004922	−0.020%	$128K	$17K	50x	as long as short
Binance KATUSDT	+0.0100%	4h	0.004923	−0.007%	$2.3M	$3.2M	25x	as long as short
OKX KAT-USDT-SWAPshort	+0.0100%	4h	0.004920	−0.061%	$854K	$1.4M	20x
Gate KAT_USDT	+0.0100%	4h	0.004910	−0.264%	$217K	$117K	50x	as long as short
MEXC KAT_USDT	+0.0100%	4h	0.004921	−0.041%	$271K	$115K	20x	as long as short
KuCoin KATUSDTM	+0.0100%	4h	0.004926	+0.061%	$204K	$57K	10x	as long as short
Bitget KATUSDT	+0.0100%	4h	0.004925	+0.041%	$542K	$222K	20x	as long as short
BingX KAT-USDT	+0.0100%	4h	0.004922	−0.020%	—	$1.7M	—	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004910	−0.264%	$2K	$1.0M	20x	as long as short
Extended KAT-USD	+0.0104%	1h	0.004921	−0.041%	$5K	$157K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps KAT-USD	+0.0112%	8h	0.004923	0.000%	$1K	$2K	5x	as long as short
Bybit KATUSDTlong	+0.0115%	4h	0.004923	long leg	$826K	$314K	25x
Aster KATUSDT	+0.0274%	4h	0.004918	−0.111%	$24K	$31K	5x	as long as short