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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Gate+0.225%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1461.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.225%, 7d avg +0.164%
Together, before fees−0.155%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.061% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.164%. Mind the row above: over the last 7 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KAT_USDT0.0048900.0100pay 0.0050% / 4h8m 47s$215K$119K50x
ShortBloFin KAT-USDT0.0049010.0114get 0.0057% / 4h8m 47s$127K$18K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$2.97
Price spread: +0.225% → +0.164%
$6.12
Slippage, 4 orders
−$118.59
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$136.51
Costs to cover
1.456%
Break-even
329.1 days
Slippage from Gate: live order book, 62 min ago; BloFin: live order book, 52 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, 62 min ago20.49 bp52.3 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 52 min ago1.02 bp20.9 bp −$2169.7 bp −$697doesn'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%4h0.004907+0.341%$2.3M$3.3M25xas long as short
Bybit KATUSDT+0.0100%4h0.004905+0.307%$823K$318K25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004899+0.184%$851K$1.4M20xas long as short
Gate KAT_USDTlong+0.0100%4h0.004890long leg$215K$119K50x
MEXC KAT_USDT+0.0100%4h0.004906+0.327%$272K$117K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.004895+0.102%$203K$57K10xas long as short
Bitget KATUSDT+0.0100%4h0.004902+0.245%$539K$222K20xas long as short
BingX KAT-USDT+0.0100%4h0.004904+0.286%$1.7Mas long as short
SunX KAT-USDT+0.0100%4h0.004900+0.204%$2K$1.1M20xas long as short
Extended KAT-USD+0.0104%1h0.004903+0.272%$5K$157K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAT-USDTshort+0.0114%4h0.004901+0.225%$127K$18K50x
Katana Perps KAT-USD+0.0116%8h0.004901+0.225%$1K$2K5xas long as short
Aster KATUSDT+0.0128%4h0.004901+0.225%$24K$32K5xas long as short