Funding you earn now, next payment 00:00 UTC+0.0260%/8h= +28.5% APRnext payment +$1.30 per $10,000 · paid last 24h +0.046%
Price spread now: BingX against OKX+0.020%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$970.972% of the position
Funding, last 7 days+0.305%+$30 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now +0.020%, 7d avg +0.046%
=Funding pays, the price is against you. BingX is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.046%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KAT-USDT-SWAP | 0.004890 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $843K | $1.4M | 20x |
| Short | BingX KAT-USDT | 0.004891 | 0.0360 | get 0.0180% / 4h | 1h 43m | — | $1.7M | — |
OKX KAT-USDT-SWAP
BingX KAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $54.6
- Price spread: +0.020% → +0.046%
- −$2.54
- Slippage, 4 orders
- −$77.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$45.13
- Costs to cover
- 0.972%
- Break-even
- 12.8 days
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 4 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, 3 min ago | 2.05 bp | 22.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.14 bp | 25.3 bp −$25 | 83.0 bp −$830 | 1040.4 bp −$104.0K | 1356.5 bp −$678.3K |
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-SWAPlong | +0.0100% | 4h | 0.004890 | long leg | $843K | $1.4M | 20x | |
| Gate KAT_USDT | +0.0100% | 4h | 0.004880 | −0.204% | $216K | $119K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004888 | −0.041% | $206K | $58K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004890 | 0.000% | $517K | $208K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004890 | 0.000% | $1K | $1.0M | 20x | as long as short |
| Binance KATUSDT | +0.0110% | 4h | 0.004893 | +0.067% | $2.3M | $3.2M | 25x | as long as short |
| Extended KAT-USD | +0.0112% | 1h | 0.004891 | +0.023% | $5K | $157K | 5x | as long as short |
| MEXC KAT_USDT | +0.0112% | 4h | 0.004892 | +0.041% | $269K | $115K | 20x | as long as short |
| Katana Perps KAT-USD | +0.0113% | 8h | 0.004896 | +0.123% | $1K | $2K | 5x | as long as short |
| BloFin KAT-USDT | +0.0159% | 4h | 0.004878 | −0.245% | $127K | $17K | 50x | as long as short |
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Binance KATUSDT
Extended KAT-USD
MEXC KAT_USDT
Katana Perps KAT-USD
BloFin KAT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit KATUSDT | +0.0325% | 4h | 0.004893 | +0.061% | $816K | $310K | 25x | as long as short |
| Aster KATUSDT | +0.0329% | 4h | 0.004893 | +0.061% | $24K | $31K | 5x | as long as short |
| BingX KAT-USDTshort | +0.0360% | 4h | 0.004891 | +0.020% | — | $1.7M | — |
Bybit KATUSDT
Aster KATUSDT