KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1234%/8h= +135.1% APRnext payment +$6.17 per $10,000 · paid last 24h +0.042%

Price spread now: BingX against KuCoin+0.102%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,989as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,014as in the Price arb table

costs, in and out, $10k−$2,01720.168% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.278%+$28 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.102%, 7d avg +0.073%

Together, before fees+0.197%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and BingX is 0.029% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.073%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.278% in total (about 14.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KATUSDTM	0.004887	0.0100	pay 0.0050% / 4h	3h 56m	$202K	$55K	10x
Short	BingX KAT-USDT	0.004892	0.1334	get 0.0667% / 4h	3h 56m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now +0.102%Rate

Funding earned: $259.14
Price spread: +0.102% → +0.073%: $2.88
Slippage, 4 orders: −$1,994.76
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$1,754.73
Costs to cover: 20.168%
Break-even: 54.4 days

Slippage from KuCoin: live order book, 14 min ago; BingX: live order book, 11 min ago.

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 KuCoin live order book, 14 min ago	23.54 bp	1061.5 bp −$1,061	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	4.10 bp	24.0 bp −$24	81.7 bp −$817	doesn't fit	doesn't fit

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	0.004884	−0.061%	$838K	$1.3M	20x	as long as short
Gate KAT_USDT	+0.0100%	4h	0.004880	−0.143%	$213K	$114K	50x	as long as short
KuCoin KATUSDTMlong	+0.0100%	4h	0.004887	long leg	$202K	$55K	10x
Bitget KATUSDT	+0.0100%	4h	0.004893	+0.123%	$534K	$223K	20x	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004880	−0.143%	$1K	$1.1M	20x	as long as short
Katana Perps KAT-USD	+0.0131%	8h	0.004893	+0.123%	$1K	$15K	5x	as long as short
Binance KATUSDT	+0.0333%	4h	0.004892	+0.102%	$2.3M	$3.4M	25x	as long as short
MEXC KAT_USDT	+0.0334%	4h	0.004894	+0.143%	$244K	$115K	20x	as long as short
Extended KAT-USD	+0.0336%	1h	0.004894	+0.139%	$5K	$98K	5x	as long as short
BloFin KAT-USDT	+0.0348%	4h	0.004897	+0.205%	$126K	$15K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KATUSDT	+0.0571%	4h	0.004889	+0.051%	$24K	$32K	5x	as long as short
BingX KAT-USDTshort	+0.1334%	4h	0.004892	+0.102%	—	$1.7M	—
Bybit KATUSDT	+0.1506%	4h	0.004900	+0.266%	$813K	$348K	25x	as long as short