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+0.0048%/8h= +5.3% APRpaid last 24h +0.016%
Price spread now: Aster against Katana Perps−0.143%45s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.143% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.143% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 9.9 days of funding at the current rate (+$1 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKatana Perps KAT-USD0.0048920.0113pay 0.0113% / 8h27m 57s$1K$2K5x
ShortAster KATUSDT0.0048850.0161get 0.0081% / 4h27m 57s$24K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Katana Perps. 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
$10.12
Price spread: −0.143% → 0.000%
−$14.29
Slippage, 4 orders
no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders
−$3.8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$15.96
Costs to cover
0.118%
Break-even
18.0 days
Slippage unknown: Katana Perps: no order-book sample; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Katana Perps no order-book sample
Sell Aster no order-book sample
Katana Perps and Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.004884−0.164%$2.3M$3.3M25xas long as short
Bybit KATUSDT+0.0100%4h0.004885−0.143%$819K$319K25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004882−0.204%$852K$1.4M20xas long as short
Gate KAT_USDT+0.0100%4h0.004870−0.450%$214K$119K50xas long as short
MEXC KAT_USDT+0.0100%4h0.004884−0.164%$271K$116K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.004889−0.061%$202K$57K10xas long as short
Bitget KATUSDT+0.0100%4h0.004884−0.164%$538K$221K20xas long as short
BingX KAT-USDT+0.0100%4h0.004883−0.184%$1.7Mas long as short
SunX KAT-USDT+0.0100%4h0.004880−0.245%$1K$1.1M20xas long as short
Extended KAT-USD+0.0104%1h0.004883−0.183%$5K$157K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps KAT-USDlong+0.0113%8h0.004892long leg$1K$2K5x
BloFin KAT-USDT+0.0130%4h0.0048920.000%$128K$18K50xas long as short
Aster KATUSDTshort+0.0161%4h0.004885−0.143%$24K$32K5x