Funding you earn now, next payment 08:00 UTC+0.0209%/8h= +22.9% APRpaid last 24h −0.007%
Price spread now: Binance against Katana Perps−0.041%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 0.041% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps KAT-USD | 0.004891 | 0.0132 | pay 0.0132% / 8h | 3h 58m | $1K | $15K | 5x |
| Short | Binance KATUSDT | 0.004889 | 0.0341 | get 0.0170% / 4h | 3h 58m | $2.3M | $3.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.93
- Price spread: −0.041% → 0.000%
- −$4.09
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $26.04
- Costs to cover
- 0.138%
- Break-even
- 2.9 days
Slippage unknown: Katana Perps: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.
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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 1.02 bp | 19.1 bp −$19 | 192.7 bp −$1,927 | doesn't fit | doesn't fit |
Katana Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX KAT-USDT-SWAP | +0.0100% | 4h | 0.004881 | −0.204% | $837K | $1.3M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004880 | −0.225% | $213K | $114K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004882 | −0.184% | $202K | $55K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004888 | −0.061% | $533K | $223K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004880 | −0.225% | $1K | $1.1M | 20x | as long as short |
| Katana Perps KAT-USDlong | +0.0132% | 8h | 0.004891 | long leg | $1K | $15K | 5x | |
| BloFin KAT-USDT | +0.0302% | 4h | 0.004893 | +0.041% | $127K | $15K | 50x | as long as short |
| MEXC KAT_USDT | +0.0340% | 4h | 0.004889 | −0.041% | $244K | $115K | 20x | as long as short |
| Binance KATUSDTshort | +0.0341% | 4h | 0.004889 | −0.041% | $2.3M | $3.4M | 25x | |
| Extended KAT-USD | +0.0344% | 1h | 0.004886 | −0.108% | $5K | $98K | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0574% | 4h | 0.004883 | −0.155% | $24K | $32K | 5x | as long as short |
| BingX KAT-USDT | +0.0830% | 4h | 0.004888 | −0.061% | — | $1.7M | — | as long as short |
| Bybit KATUSDT | +0.1405% | 4h | 0.004891 | 0.000% | $810K | $347K | 25x | as long as short |
Katana Perps KAT-USD
Binance KATUSDT
OKX KAT-USDT-SWAP
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
BloFin KAT-USDT
MEXC KAT_USDT
Extended KAT-USD
Aster KATUSDT
BingX KAT-USDT
Bybit KATUSDT