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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.225%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1891.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.203%−$20 on $10k
Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.225%, 7d avg +0.128%
Together, before fees−0.423%−$42 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: Bitget is 0.097% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.128%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KAT_USDT0.0048900.0100pay 0.0050% / 4h37m 36s$216K$118K50x
ShortBitget KATUSDT0.0049010.0100get 0.0050% / 4h37m 36s$539K$221K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.225% → +0.128%
$9.71
Slippage, 4 orders
−$161.72
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$179.01
Costs to cover
1.887%
Break-even
never at this rate
Slippage from Gate: live order book, 34 min ago; Bitget: live order book, 37 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 Gate live order book, 34 min ago20.49 bp52.3 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 37 min ago3.07 bp41.9 bp −$42165.5 bp −$1,655doesn'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
Binance KATUSDT+0.0100%4h0.004901+0.219%$2.3M$3.3M25xas long as short
Bybit KATUSDT+0.0100%4h0.004899+0.184%$822K$319K25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004896+0.123%$852K$1.4M20xas long as short
Gate KAT_USDTlong+0.0100%4h0.004890long leg$216K$118K50x
MEXC KAT_USDT+0.0100%4h0.004900+0.204%$272K$116K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.004900+0.204%$203K$57K10xas long as short
Bitget KATUSDTshort+0.0100%4h0.004901+0.225%$539K$221K20x
BingX KAT-USDT+0.0100%4h0.004900+0.204%$1.7Mas long as short
SunX KAT-USDT+0.0100%4h0.0048900.000%$1K$1.1M20xas long as short
Extended KAT-USD+0.0104%1h0.004900+0.201%$5K$157K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAT-USDT+0.0105%4h0.004898+0.164%$128K$18K50xas long as short
Katana Perps KAT-USD+0.0112%8h0.004901+0.225%$1K$2K5xas long as short
Aster KATUSDT+0.0201%4h0.004898+0.172%$24K$32K5xas long as short