KAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0588%/8h= +64.4% APRnext payment +$2.94 per $10,000 · paid last 24h +0.042%

Price spread now: Bybit against KuCoin+0.123%7-day average +0.116% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,169as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,192as in the Price arb table

costs, in and out, $10k−$2,19321.931% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.239%+$24 on $10k

Price spread, last 4 days (all we have)+0.137%+$14 · spread now +0.123%, 7d avg +0.116%

Together, before fees+0.377%+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.116%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.239% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.94 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	0.004886	0.0100	pay 0.0050% / 4h	1h 40m	$202K	$55K	10x
Short	Bybit KATUSDT	0.004892	0.0688	get 0.0344% / 4h	1h 40m	$822K	$336K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.123%Rate

Funding earned: $123.58
Price spread: +0.123% → +0.116%: $0.7
Slippage, 4 orders: −$2,170.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$2,068.83
Costs to cover: 21.931%
Break-even: 124.2 days

Slippage from KuCoin: live order book, 55 min ago; Bybit: live order book, 20 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, 55 min ago	37.75 bp	1037.9 bp −$1,038	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 20 min ago	6.12 bp	88.7 bp −$89	doesn't fit	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	0.004887	+0.020%	$838K	$1.3M	20x	as long as short
Gate KAT_USDT	+0.0100%	4h	0.004880	−0.123%	$213K	$114K	50x	as long as short
KuCoin KATUSDTMlong	+0.0100%	4h	0.004886	long leg	$202K	$55K	10x
Bitget KATUSDT	+0.0100%	4h	0.004891	+0.102%	$534K	$222K	20x	as long as short
SunX KAT-USDT	+0.0100%	4h	0.004880	−0.123%	$1K	$1.1M	20x	as long as short
Katana Perps KAT-USD	+0.0135%	8h	0.004892	+0.123%	$1K	$2K	5x	as long as short
BloFin KAT-USDT	+0.0239%	4h	0.004899	+0.266%	$128K	$14K	50x	as long as short
Extended KAT-USD	+0.0264%	1h	0.004891	+0.096%	$5K	$103K	5x	as long as short
MEXC KAT_USDT	+0.0264%	4h	0.004892	+0.123%	$253K	$115K	20x	as long as short
Binance KATUSDT	+0.0265%	4h	0.004892	+0.123%	$2.3M	$3.4M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KATUSDT	+0.0506%	4h	0.004891	+0.100%	$24K	$33K	5x	as long as short
BingX KAT-USDT	+0.0634%	4h	0.004891	+0.102%	—	$1.7M	—	as long as short
Bybit KATUSDTshort	+0.0688%	4h	0.004892	+0.123%	$822K	$336K	25x