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

KAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0791%/8h= +86.6% APRnext payment +$3.96 per $10,000 · paid last 24h +0.042%
Price spread now: Bybit against SunX+0.348%7-day average +0.236% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.240%+$24 on $10k
Price spread, last 3 days (all we have)−0.106%−$11 · spread now +0.348%, 7d avg +0.236%
Together, before fees+0.134%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Bybit is 0.112% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.236%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.240% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX KAT-USDT0.0048900.0100pay 0.0050% / 4h2h 32m$1K$1.1M20x
ShortBybit KATUSDT0.0049070.0891get 0.0446% / 4h2h 32m$824K$331K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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
$166.16
Price spread: +0.348% → +0.236%
$11.16
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$158.32
Costs to cover
0.190%
Break-even
0.3 days
Slippage unknown: SunX: live order book, 10 min ago; Bybit: live order book, 32 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago512.29 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 32 min ago5.07 bp114.9 bp −$115doesn't fitdoesn't fitdoesn't fit

KAT on 12 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%4h0.004907+0.339%$2.3M$3.4M25xas long as short
OKX KAT-USDT-SWAP+0.0100%4h0.004905+0.307%$842K$1.3M20xas long as short
Gate KAT_USDT+0.0100%4h0.004900+0.204%$215K$115K50xas long as short
MEXC KAT_USDT+0.0100%4h0.004907+0.348%$254K$118K20xas long as short
KuCoin KATUSDTM+0.0100%4h0.004897+0.143%$202K$56K10xas long as short
Bitget KATUSDT+0.0100%4h0.004901+0.225%$535K$224K20xas long as short
SunX KAT-USDTlong+0.0100%4h0.004890long leg$1K$1.1M20x
Extended KAT-USD+0.0104%1h0.004904+0.280%$6K$102K5xas long as short
Katana Perps KAT-USD+0.0128%8h0.004905+0.307%$1K$2K5xas long as short
Aster KATUSDT+0.0350%4h0.004900+0.200%$24K$34K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KAT-USDT+0.0842%4h0.004906+0.327%$1.7Mas long as short
Bybit KATUSDTshort+0.0891%4h0.004907+0.348%$824K$331K25x