Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.012%
Price spread now: Gate against MEXC−0.226%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1501.500% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.226%, 7d avg −0.144%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.082% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.144%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.111%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KAT_USDT | 0.004861 | 0.0150 | pay 0.0075% / 4h | 2h 39m | $242K | $116K | 20x |
| Short | Gate KAT_USDT | 0.004850 | 0.0100 | get 0.0050% / 4h | 2h 39m | $210K | $117K | 50x |
MEXC KAT_USDT
Gate KAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.5
- Price spread: −0.226% → −0.144%
- −$8.23
- Slippage, 4 orders
- −$126.99
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$168.72
- Costs to cover
- 1.500%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 55 min ago; Gate: 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 MEXC live order book, 55 min ago | 1.02 bp | 11.1 bp −$11 | 38.3 bp −$383 | 231.7 bp −$23.2K | 664.8 bp −$332.4K |
| Sell Gate live order book, 1 min ago | 10.28 bp | 74.6 bp −$75 | 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 | 0.004855 | −0.123% | $830K | $1.3M | 20x | as long as short |
| Gate KAT_USDTshort | +0.0100% | 4h | 0.004850 | −0.226% | $210K | $117K | 50x | |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004856 | −0.103% | $200K | $54K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004859 | −0.041% | $526K | $219K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004850 | −0.226% | $1K | $1.1M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0135% | 8h | 0.004876 | +0.309% | $1K | $15K | 5x | as long as short |
| MEXC KAT_USDTlong | +0.0150% | 4h | 0.004861 | long leg | $242K | $116K | 20x | |
| Binance KATUSDT | +0.0150% | 4h | 0.004858 | −0.062% | $2.3M | $3.5M | 25x | as long as short |
| Extended KAT-USD | +0.0152% | 1h | 0.004858 | −0.062% | $5K | $198K | 5x | as long as short |
| BloFin KAT-USDT | +0.0187% | 4h | 0.004873 | +0.247% | $126K | $15K | 50x | as long as short |
OKX KAT-USDT-SWAP
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
Binance KATUSDT
Extended KAT-USD
BloFin KAT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0350% | 4h | 0.004861 | 0.000% | $24K | $32K | 5x | as long as short |
| Bybit KATUSDT | +0.0374% | 4h | 0.004859 | −0.041% | $808K | $342K | 25x | as long as short |
| BingX KAT-USDT | +0.0442% | 4h | 0.004860 | −0.021% | — | $1.7M | — | as long as short |
Aster KATUSDT
Bybit KATUSDT
BingX KAT-USDT