Funding you earn now, next payment 00:00 UTC+0.0225%/8h= +24.6% APRnext payment +$1.12 per $10,000 · paid last 24h +0.044%
Price spread now: Bybit against OKX+0.102%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3133.126% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.102%, 7d avg +0.121%
=The price spread sits at its 7-day average of +0.121%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KAT-USDT-SWAP | 0.004888 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $842K | $1.4M | 20x |
| Short | Bybit KATUSDT | 0.004893 | 0.0325 | get 0.0162% / 4h | 1h 43m | $816K | $310K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $47.16
- Price spread: +0.102% → +0.121%
- −$1.82
- Slippage, 4 orders
- −$291.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$267.24
- Costs to cover
- 3.126%
- Break-even
- 46.7 days
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 36 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 Bybit live order book, 36 min ago | 7.18 bp | 138.8 bp −$139 | 1048.9 bp −$10.5K | 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-SWAPlong | +0.0100% | 4h | 0.004888 | long leg | $842K | $1.4M | 20x | |
| Gate KAT_USDT | +0.0100% | 4h | 0.004880 | −0.164% | $216K | $119K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004888 | 0.000% | $206K | $58K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004890 | +0.041% | $517K | $208K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004890 | +0.041% | $1K | $1.0M | 20x | as long as short |
| Extended KAT-USD | +0.0112% | 1h | 0.004891 | +0.064% | $5K | $157K | 5x | as long as short |
| MEXC KAT_USDT | +0.0112% | 4h | 0.004892 | +0.082% | $269K | $115K | 20x | as long as short |
| Katana Perps KAT-USD | +0.0113% | 8h | 0.004896 | +0.164% | $1K | $2K | 5x | as long as short |
| Binance KATUSDT | +0.0116% | 4h | 0.004893 | +0.102% | $2.3M | $3.2M | 25x | as long as short |
| BloFin KAT-USDT | +0.0159% | 4h | 0.004878 | −0.205% | $127K | $17K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit KATUSDTshort | +0.0325% | 4h | 0.004893 | +0.102% | $816K | $310K | 25x | |
| Aster KATUSDT | +0.0332% | 4h | 0.004893 | +0.102% | $24K | $31K | 5x | as long as short |
| BingX KAT-USDT | +0.0360% | 4h | 0.004891 | +0.061% | — | $1.7M | — | as long as short |
OKX KAT-USDT-SWAP
Bybit KATUSDT
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Extended KAT-USD
MEXC KAT_USDT
Katana Perps KAT-USD
Binance KATUSDT
BloFin KAT-USDT
Aster KATUSDT
BingX KAT-USDT