Funding you earn now, next payment 04:00 UTC+0.0097%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.164%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1791.789% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.164%, 7d avg +0.156%
=The price spread sits at its 7-day average of +0.156%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KAT_USDT | 0.004890 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $214K | $115K | 50x |
| Short | Binance KATUSDT | 0.004898 | 0.0197 | get 0.0099% / 4h | 2h 10m | $2.3M | $3.4M | 25x |
Gate KAT_USDT
Binance KATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.45
- Price spread: +0.164% → +0.156%
- $0.8
- Slippage, 4 orders
- −$153.85
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$157.61
- Costs to cover
- 1.789%
- Break-even
- 61.0 days
Slippage from Gate: live order book, 51 min ago; Binance: live order book, 11 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 Gate live order book, 51 min ago | 10.23 bp | 75.0 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.02 bp | 20.4 bp −$20 | 205.6 bp −$2,056 | 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 | 0.004889 | −0.020% | $841K | $1.3M | 20x | as long as short |
| Gate KAT_USDTlong | +0.0100% | 4h | 0.004890 | long leg | $214K | $115K | 50x | |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004898 | +0.164% | $202K | $55K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004900 | +0.204% | $535K | $224K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004890 | 0.000% | $2K | $1.1M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0132% | 8h | 0.004903 | +0.266% | $1K | $2K | 5x | as long as short |
| MEXC KAT_USDT | +0.0196% | 4h | 0.004900 | +0.204% | $253K | $119K | 20x | as long as short |
| Binance KATUSDTshort | +0.0197% | 4h | 0.004898 | +0.164% | $2.3M | $3.4M | 25x | |
| Extended KAT-USD | +0.0200% | 1h | 0.004897 | +0.138% | $5K | $102K | 5x | as long as short |
| Aster KATUSDT | +0.0452% | 4h | 0.004903 | +0.256% | $24K | $33K | 5x | as long as short |
OKX KAT-USDT-SWAP
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
MEXC KAT_USDT
Extended KAT-USD
Aster KATUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit KATUSDT | +0.0684% | 4h | 0.004901 | +0.225% | $822K | $333K | 25x | as long as short |
| BingX KAT-USDT | +0.0710% | 4h | 0.004895 | +0.102% | — | $1.7M | — | as long as short |
Bybit KATUSDT
BingX KAT-USDT