Funding you earn now, next payment 04:00 UTC+0.0541%/8h= +59.2% APRpaid last 24h +0.035%
Price spread now: Bybit against Katana Perps−0.041%56s7-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. Bybit 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 6 hours of funding at the current rate (+$16 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps KAT-USD | 0.004906 | 0.0131 | pay 0.0131% / 8h | 7h 40m | $1K | $2K | 5x |
| Short | Bybit KATUSDT | 0.004904 | 0.0672 | get 0.0336% / 4h | 3h 40m | $821K | $319K | 25x |
Katana Perps KAT-USD
Bybit KATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $113.56
- Price spread: −0.041% → 0.000%
- −$4.08
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $94.68
- Costs to cover
- 0.148%
- Break-even
- 1.2 days
Slippage unknown: Katana Perps: no order-book sample; Bybit: live order book, 29 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 Bybit live order book, 29 min ago | 6.12 bp | 105.3 bp −$105 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KATUSDT | +0.0100% | 4h | 0.004901 | −0.099% | $2.3M | $3.3M | 25x | as long as short |
| OKX KAT-USDT-SWAP | +0.0100% | 4h | 0.004896 | −0.204% | $852K | $1.3M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004890 | −0.326% | $215K | $115K | 50x | as long as short |
| MEXC KAT_USDT | +0.0100% | 4h | 0.004900 | −0.122% | $270K | $116K | 20x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004907 | +0.020% | $203K | $56K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004900 | −0.122% | $539K | $222K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004890 | −0.326% | $1K | $1.1M | 20x | as long as short |
| Extended KAT-USD | +0.0104% | 1h | 0.004903 | −0.064% | $8K | $158K | 5x | as long as short |
| Katana Perps KAT-USDlong | +0.0131% | 8h | 0.004906 | long leg | $1K | $2K | 5x | |
| Aster KATUSDT | +0.0151% | 4h | 0.004907 | +0.025% | $24K | $33K | 5x | as long as short |
Binance KATUSDT
OKX KAT-USDT-SWAP
Gate KAT_USDT
MEXC KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Extended KAT-USD
Aster KATUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAT-USDT | +0.0160% | 4h | 0.004907 | +0.020% | $127K | $17K | 50x | as long as short |
| Bybit KATUSDTshort | +0.0672% | 4h | 0.004904 | −0.041% | $821K | $319K | 25x | |
| BingX KAT-USDT | +0.0768% | 4h | 0.004902 | −0.082% | — | $1.7M | — | as long as short |
BloFin KAT-USDT
BingX KAT-USDT