Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.012%
Price spread now: MEXC against OKX+0.122%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$810.806% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.122%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.064% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KAT-USDT-SWAP | 0.004907 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $842K | $1.3M | 20x |
| Short | MEXC KAT_USDT | 0.004913 | 0.0144 | get 0.0072% / 4h | 2h 17m | $243K | $117K | 20x |
OKX KAT-USDT-SWAP
MEXC KAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $9.24
- Price spread: +0.122% → +0.058%
- $6.41
- Slippage, 4 orders
- −$62.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$64.93
- Costs to cover
- 0.806%
- Break-even
- 56.2 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 12 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, 4 min ago | 2.05 bp | 26.5 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 1.02 bp | 10.6 bp −$11 | 33.1 bp −$331 | 195.9 bp −$19.6K | 810.4 bp −$405.2K |
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 | 0.004907 | long leg | $842K | $1.3M | 20x | |
| Gate KAT_USDT | +0.0100% | 4h | 0.004900 | −0.143% | $214K | $118K | 50x | as long as short |
| KuCoin KATUSDTM | +0.0100% | 4h | 0.004902 | −0.102% | $202K | $54K | 10x | as long as short |
| Bitget KATUSDT | +0.0100% | 4h | 0.004906 | −0.020% | $534K | $220K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004900 | −0.143% | $2K | $1.1M | 20x | as long as short |
| Katana Perps KAT-USD | +0.0134% | 8h | 0.004915 | +0.163% | $1K | $15K | 5x | as long as short |
| Extended KAT-USD | +0.0144% | 1h | 0.004911 | +0.090% | $5K | $195K | 5x | as long as short |
| MEXC KAT_USDTshort | +0.0144% | 4h | 0.004913 | +0.122% | $243K | $117K | 20x | |
| BloFin KAT-USDT | +0.0147% | 4h | 0.004913 | +0.122% | $126K | $15K | 50x | as long as short |
| Binance KATUSDT | +0.0148% | 4h | 0.004913 | +0.115% | $2.3M | $3.5M | 25x | as long as short |
Gate KAT_USDT
KuCoin KATUSDTM
Bitget KATUSDT
SunX KAT-USDT
Katana Perps KAT-USD
Extended KAT-USD
BloFin KAT-USDT
Binance KATUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0342% | 4h | 0.004905 | −0.043% | $24K | $32K | 5x | as long as short |
| BingX KAT-USDT | +0.0546% | 4h | 0.004911 | +0.082% | — | $1.7M | — | as long as short |
| Bybit KATUSDT | +0.0547% | 4h | 0.004912 | +0.102% | $818K | $347K | 25x | as long as short |
Aster KATUSDT
BingX KAT-USDT
Bybit KATUSDT