Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against MEXC−0.041%64s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.041%, 7d avg +0.019%
=Funding pays, the price is against you. BloFin is 0.060% cheaper against MEXC than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.019%). If the spread goes back, that is −$6 on $10k: about 7.1 days of funding at the current rate (+$1 a day). The two prices were read 64 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 | MEXC KAT_USDT | 0.004905 | 0.0286 | pay 0.0143% / 4h | 1h 34m | $253K | $115K | 20x |
| Short | BloFin KAT-USDT | 0.004903 | 0.0314 | get 0.0157% / 4h | 1h 34m | $128K | $14K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $5.92
- Price spread: −0.041% → +0.019%
- −$5.97
- Slippage, 4 orders
- −$40.26
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.32
- Costs to cover
- 0.603%
- Break-even
- 78.4 days
Slippage from MEXC: live order book, 10 min ago; BloFin: live order book, 2 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 MEXC live order book, 10 min ago | 2.05 bp | 14.0 bp −$14 | 41.9 bp −$419 | 211.2 bp −$21.1K | 747.7 bp −$373.8K |
| Sell BloFin live order book, 2 min ago | 4.08 bp | 20.1 bp −$20 | 66.9 bp −$669 | 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 | 0.004901 | −0.082% | $840K | $1.3M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004890 | −0.306% | $214K | $114K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004901 | −0.082% | $203K | $55K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004899 | −0.122% | $535K | $222K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004890 | −0.306% | $1K | $1.1M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0134% | 8h | 0.004903 | −0.041% | $1K | $2K | 5x | as long as short |
| MEXC KAT_USDTlong | +0.0286% | 4h | 0.004905 | long leg | $253K | $115K | 20x | |
| Binance KATUSDT | +0.0288% | 4h | 0.004907 | +0.038% | $2.3M | $3.4M | 25x | as long as short |
| Extended KAT-USD | +0.0288% | 1h | 0.004903 | −0.036% | $5K | $103K | 5x | as long as short |
| BloFin KAT-USDTshort | +0.0314% | 4h | 0.004903 | −0.041% | $128K | $14K | 50x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0547% | 4h | 0.004910 | +0.095% | $24K | $33K | 5x | as long as short |
| BingX KAT-USDT | +0.0674% | 4h | 0.004906 | +0.020% | — | $1.7M | — | as long as short |
| Bybit KATUSDT | +0.0728% | 4h | 0.004911 | +0.122% | $824K | $337K | 25x | as long as short |
MEXC KAT_USDT
BloFin KAT-USDT
OKX KAT-USDT-SWAP
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
Binance KATUSDT
Extended KAT-USD
Aster KATUSDT
BingX KAT-USDT
Bybit KATUSDT