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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0642%/8h= +70.3% APRpaid last 24h +0.038%
Price spread now: BingX against Extended−0.036%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1771.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.349%+$35 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.036%, 7d avg +0.038%
Together, before fees+0.410%+ Points / potential airdropExtended: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.074% cheaper against Extended than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.038%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.349% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.349% in total (about 18.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KAT-USD0.0048930.0104pay 0.0013% / 1h18m 43s$8K$100K5x
ShortBingX KAT-USDT0.0048910.0746get 0.0373% / 4h3h 18m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
$134.82
Price spread: −0.036% → +0.038%
−$7.38
Slippage, 4 orders
−$161.75
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$49.31
Costs to cover
1.768%
Break-even
9.6 days
Slippage from Extended: live order book, 52 min ago; BingX: 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 Extended live order book, 52 min ago4.08 bp52.5 bp −$53491.0 bp −$4,910doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago4.08 bp25.0 bp −$2580.0 bp −$8001052.2 bp −$105.2K1332.0 bp −$666.0K

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%4h0.004893+0.005%$2.3M$3.3M25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004890−0.056%$849K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004890−0.056%$215K$115K50xas long as short
MEXC KAT_USDT+0.0100%4h0.004894+0.026%$264K$118K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.004901+0.169%$203K$57K10xas long as short
Bitget KATUSDT+0.0100%4h0.004895+0.046%$538K$222K20xas long as short
SunX KAT-USDT+0.0100%4h0.004890−0.056%$1K$1.1M20xas long as short
Extended KAT-USDlong+0.0104%1h0.004893long leg$8K$100K5x
Katana Perps KAT-USD+0.0117%8h0.004903+0.209%$1K$2K5xas long as short
BloFin KAT-USDT+0.0150%4h0.004902+0.189%$127K$15K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KATUSDT+0.0193%4h0.004900+0.147%$24K$33K5xas long as short
Bybit KATUSDT+0.0635%4h0.004899+0.128%$822K$322K25xas long as short
BingX KAT-USDTshort+0.0746%4h0.004891−0.036%$1.7M