Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.037%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$920.924% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now +0.037%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KAT-USDT-SWAP | 0.004851 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $842K | $1.4M | 20x |
| Short | Binance KATUSDT | 0.004853 | 0.0180 | get 0.0090% / 4h | 2h 36m | $2.3M | $3.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $16.86
- Price spread: +0.037% → +0.017%
- $1.99
- Slippage, 4 orders
- −$72.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.56
- Costs to cover
- 0.924%
- Break-even
- 37.5 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 14 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 OKX live order book, 5 min ago | 2.06 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.06 bp | 22.6 bp −$23 | 175.1 bp −$1,751 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit KATUSDT | +0.0100% | 4h | 0.004852 | +0.021% | $806K | $302K | 25x | as long as short |
| OKX KAT-USDT-SWAPlong | +0.0100% | 4h | 0.004851 | long leg | $842K | $1.4M | 20x | |
| Gate KAT_USDT | +0.0100% | 4h | 0.004840 | −0.227% | $213K | $123K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004844 | −0.144% | $201K | $56K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004854 | +0.062% | $511K | $205K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004840 | −0.227% | $1K | $1.0M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0112% | 8h | 0.004854 | +0.062% | $1K | $2K | 5x | as long as short |
| BloFin KAT-USDT | +0.0148% | 4h | 0.004852 | +0.021% | $127K | $16K | 50x | as long as short |
| MEXC KAT_USDT | +0.0180% | 4h | 0.004851 | 0.000% | $266K | $116K | 20x | as long as short |
| Binance KATUSDTshort | +0.0180% | 4h | 0.004853 | +0.037% | $2.3M | $3.2M | 25x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KAT-USD | +0.0184% | 1h | 0.004853 | +0.033% | $5K | $157K | 5x | as long as short |
| BingX KAT-USDT | +0.0216% | 4h | 0.004852 | +0.021% | — | $1.7M | — | as long as short |
| Aster KATUSDT | +0.0387% | 4h | 0.004853 | +0.036% | $24K | $31K | 5x | as long as short |
OKX KAT-USDT-SWAP
Binance KATUSDT
Bybit KATUSDT
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
BloFin KAT-USDT
MEXC KAT_USDT
Extended KAT-USD
BingX KAT-USDT
Aster KATUSDT