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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.011%
Price spread now: BloFin against KuCoin+0.041%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,073as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,069as in the Price arb table
costs, in and out, $10k−$2,06520.653% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$8 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.041%, 7d avg +0.074%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.074%). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KATUSDTM0.0049160.0100pay 0.0050% / 4h1h 31m$202K$54K10x
ShortBloFin KAT-USDT0.0049180.0135get 0.0068% / 4h1h 31m$125K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$7.37
Price spread: +0.041% → +0.074%
−$3.28
Slippage, 4 orders
−$2,041.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2,061.25
Costs to cover
20.653%
Break-even
1965.4 days
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 41 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 KuCoin live order book, 10 min ago23.46 bp1155.4 bp −$1,155doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 41 min ago2.03 bp14.6 bp −$1559.1 bp −$591doesn'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%4h0.004921+0.093%$2.3M$3.6M25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004913−0.061%$842K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004910−0.122%$213K$117K50xas long as short
MEXC KAT_USDT+0.0100%4h0.004920+0.081%$243K$117K20xas long as short
KuCoin KATUSDTMlong+0.0100%4h0.004916long leg$202K$54K10x
Bitget KATUSDT+0.0100%4h0.004919+0.061%$534K$224K20xas long as short
SunX KAT-USDT+0.0100%4h0.004910−0.122%$1K$1.2M20xas long as short
Extended KAT-USD+0.0104%1h0.004918+0.046%$5K$198K5xas long as short
Katana Perps KAT-USD+0.0133%8h0.004931+0.305%$1K$15K5xas long as short
BloFin KAT-USDTshort+0.0135%4h0.004918+0.041%$125K$17K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KATUSDT+0.0249%4h0.004918+0.041%$823K$355K25xas long as short
BingX KAT-USDT+0.0272%4h0.004918+0.041%$1.7Mas long as short
Aster KATUSDT+0.0273%4h0.004920+0.081%$24K$32K5xas long as short