Settings8H · net · $10k
Funding arb · Price arb /

KAT

all KAT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.310%+$31 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KAT-USDT-SWAP0.0048880.0100pay 0.0050% / 4h1h 43m$842K$1.4M20x
ShortBybit KATUSDT0.0048930.0325get 0.0162% / 4h1h 43m$816K$310K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago2.05 bp22.5 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 36 min ago7.18 bp138.8 bp −$1391048.9 bp −$10.5Kdoesn't fitdoesn't fit

KAT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX KAT-USDT-SWAPlong+0.0100%4h0.004888long leg$842K$1.4M20x
Gate KAT_USDT+0.0100%4h0.004880−0.164%$216K$119K50xas long as short
KuCoin KATUSDTM+0.0100%4h0.0048880.000%$206K$58K10xas long as short
Bitget KATUSDT+0.0100%4h0.004890+0.041%$517K$208K20xas long as short
SunX KAT-USDT+0.0100%4h0.004890+0.041%$1K$1.0M20xas long as short
Extended KAT-USD+0.0112%1h0.004891+0.064%$5K$157K5xas long as short
MEXC KAT_USDT+0.0112%4h0.004892+0.082%$269K$115K20xas long as short
Katana Perps KAT-USD+0.0113%8h0.004896+0.164%$1K$2K5xas long as short
Binance KATUSDT+0.0116%4h0.004893+0.102%$2.3M$3.2M25xas long as short
BloFin KAT-USDT+0.0159%4h0.004878−0.205%$127K$17K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KATUSDTshort+0.0325%4h0.004893+0.102%$816K$310K25x
Aster KATUSDT+0.0332%4h0.004893+0.102%$24K$31K5xas long as short
BingX KAT-USDT+0.0360%4h0.004891+0.061%$1.7Mas long as short