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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%
Price spread now: Extended against OKX+0.072%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1531.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.072%, 7d avg +0.039%
Together, before fees−0.165%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.033% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KAT-USDT-SWAP0.0049120.0100pay 0.0050% / 4h56m 30s$853K$1.4M20x
ShortExtended KAT-USD0.0049160.0104get 0.0013% / 1h56m 30s$5K$157K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.072% → +0.039%
$3.3
Slippage, 4 orders
−$137.66
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$148.52
Costs to cover
1.527%
Break-even
1244.6 days
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 19 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, 5 min ago2.04 bp25.8 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 19 min ago3.07 bp51.6 bp −$52doesn't fitdoesn'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
Binance KATUSDT+0.0100%4h0.004917+0.095%$2.3M$3.2M25xas long as short
Bybit KATUSDT+0.0100%4h0.004916+0.081%$823K$313K25xas long as short
OKX KAT-USDT-SWAPlong+0.0100%4h0.004912long leg$853K$1.4M20x
Gate KAT_USDT+0.0100%4h0.004900−0.244%$217K$117K50xas long as short
MEXC KAT_USDT+0.0100%4h0.004918+0.122%$271K$114K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.004919+0.143%$204K$57K10xas long as short
Bitget KATUSDT+0.0100%4h0.004916+0.081%$541K$222K20xas long as short
BingX KAT-USDT+0.0100%4h0.004916+0.081%$1.7Mas long as short
SunX KAT-USDT+0.0100%4h0.004910−0.041%$2K$1.0M20xas long as short
Extended KAT-USDshort+0.0104%1h0.004916+0.072%$5K$157K5x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps KAT-USD+0.0112%8h0.004919+0.143%$1K$2K5xas long as short
BloFin KAT-USDT+0.0128%4h0.004917+0.102%$127K$17K50xas long as short
Aster KATUSDT+0.0264%4h0.004910−0.047%$24K$31K5xas long as short