Funding arb · Price arb /

KAT

all KAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against KuCoin−0.040%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,218as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,219as in the Price arb table

costs, in and out, $10k−$2,21522.153% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.040%, 7d avg −0.006%

Together, before fees+0.085%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KATUSDTM	0.004988	0.0100	pay 0.0050% / 4h	1h 28m	$205K	$39K	10x
Short	OKX KAT-USDT-SWAP	0.004986	0.0100	get 0.0050% / 4h	1h 28m	$876K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → −0.006%: −$3.41
Slippage, 4 orders: −$2,193.33
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$2,218.73
Costs to cover: 22.153%
Break-even: never at this rate

Slippage from KuCoin: live order book, 74 min ago; OKX: live order book, 1 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, 74 min ago	20.82 bp	1136.2 bp −$1,136	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	3.01 bp	23.2 bp −$23	385.5 bp −$3,855	doesn't fit	doesn't fit

KAT on 13 exchanges

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
BloFin KAT-USDT	+0.0048%	4h	0.004994	+0.120%	$132K	$16K	50x	as long as short
Aster KATUSDT	+0.0100%	4h	0.004996	+0.170%	$27K	$35K	5x	as long as short
Binance KATUSDT	+0.0100%	4h	0.004992	+0.090%	$2.4M	$4.1M	25x	as long as short
Bybit KATUSDT	+0.0100%	4h	0.004993	+0.100%	$825K	$475K	25x	as long as short
OKX KAT-USDT-SWAPshort	+0.0100%	4h	0.004986	−0.040%	$876K	$1.9M	20x
Gate KAT_USDT	+0.0100%	4h	0.004980	−0.160%	$207K	$112K	50x	as long as short
MEXC KAT_USDT	+0.0100%	4h	0.004992	+0.080%	$230K	$119K	20x	as long as short
KuCoin KATUSDTMlong	+0.0100%	4h	0.004988	long leg	$205K	$39K	10x
Bitget KATUSDT	+0.0100%	4h	0.004989	+0.020%	$527K	$224K	20x	as long as short
BingX KAT-USDT	+0.0100%	4h	0.004991	+0.060%	—	$1.6M	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KAT-USDT	+0.0100%	4h	0.004980	−0.160%	$1K	$1.3M	20x	as long as short
Extended KAT-USD	+0.0104%	1h	0.004990	+0.049%	$6K	$202K	5x	as long as short
Katana Perps KAT-USD	+0.0104%	8h	0.004991	+0.060%	$1K	$15K	5x	as long as short