Funding arb · Price arb /

KAT

all KAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against SunX0.000%7-day average +0.042% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 3 days (all we have)+0.043%+$4 · spread now 0.000%, 7d avg +0.042%

Together, before fees+0.084%+$8 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: Gate is 0.042% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KAT-USDT	0.004890	0.0100	pay 0.0050% / 4h	3h 44m	$2K	$1.1M	20x
Short	Gate KAT_USDT	0.004890	0.0100	get 0.0050% / 4h	3h 44m	$215K	$115K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee SunXbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.042%: −$4.15
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$27.15
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 9 min ago; Gate: live order book, 22 min ago. Net counts fees only.

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 SunX live order book, 9 min ago	511.25 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 22 min ago	20.41 bp	60.0 bp −$60	doesn't fit	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
BloFin KAT-USDT	+0.0048%	4h	0.004905	+0.307%	$128K	$17K	50x	as long as short
Binance KATUSDT	+0.0100%	4h	0.004902	+0.245%	$2.3M	$3.3M	25x	as long as short
OKX KAT-USDT-SWAP	+0.0100%	4h	0.004893	+0.061%	$854K	$1.3M	20x	as long as short
Gate KAT_USDTshort	+0.0100%	4h	0.004890	0.000%	$215K	$115K	50x
MEXC KAT_USDT	+0.0100%	4h	0.004899	+0.184%	$270K	$115K	20x	as long as short
KuCoin KATUSDTM	+0.0100%	4h	0.004901	+0.225%	$203K	$57K	10x	as long as short
Bitget KATUSDT	+0.0100%	4h	0.004903	+0.266%	$540K	$223K	20x	as long as short
SunX KAT-USDTlong	+0.0100%	4h	0.004890	long leg	$2K	$1.1M	20x
Extended KAT-USD	+0.0104%	1h	0.004901	+0.222%	$8K	$158K	5x	as long as short
Katana Perps KAT-USD	+0.0128%	8h	0.004901	+0.225%	$1K	$2K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KATUSDT	+0.0153%	4h	0.004910	+0.404%	$24K	$33K	5x	as long as short
BingX KAT-USDT	+0.0258%	4h	0.004899	+0.184%	—	$1.7M	—	as long as short
Bybit KATUSDT	+0.0808%	4h	0.004904	+0.286%	$821K	$320K	25x	as long as short