Head to head
the arrow points to the better figure| Katana Perps | Gate | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $15.01 |
| — | BTC trade, $1M | $1,788 |
| — | BTC book depth | $9.1M |
| 0.019%/0.005% | ◀Taker / maker | 0.075%/-0.010% |
| 50x | Max leverage▶ | 200x |
| Size | ||
| $76.6M | Volume 24h▶ | $21.26B |
| $44.0M | Volume, 7-day average▶ | $14.37B |
| $553Kone side | Open interest | $12.41Blongs + shorts |
| $1.3M | TVL | — |
| Markets | ||
| 10 | Markets▶ | 1080 |
| 0 | Stocks & RWA▶ | 466 |
| 8h | Funding paid every | 1h or 4h or 8h |
| +0.0113% | BTC funding /8h | +0.0100% |
| +0.897% | BTC longs paid, 30d | +0.467% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $GT |
| — | Airdrop | — |
Cost to trade BTC
| Size | Katana Perps | Gate |
|---|---|---|
| $1k | — | $1.5015.0 bp |
| $10k | — | $15.0115.0 bp |
| $100k | — | $15415.4 bp |
| $1M | — | $1,78817.9 bp |
| $5M | — | $13,56527.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 10
funding /8h · Net 7d at $10k| Asset | Katana Perps | Gate | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0100% | +0.0035% | +0.0065% | — |
| BTC | +0.0113% | +0.0100% | +0.0013% | — |
| SOL | +0.0100% | −0.0167% | +0.0267% | — |
| XRP | +0.0100% | −0.0047% | +0.0147% | — |
| HYPE | +0.0100% | +0.0100% | 0.0000% | — |
| KAT | +0.0100% | +0.0100% | — | — |
| ZEC | +0.0100% | +0.0100% | 0.0000% | — |
| TAO | +0.0088% | −0.0540% | +0.0628% | — |
| DOGE | +0.0100% | −0.0054% | — | — |
| PUMP | +0.0074% | −0.0506% | — | — |
Only on Katana Perps: 0
Only on Gate: 1060
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Questions
Which has more markets, Katana Perps or Gate?
Katana Perps lists 10 active markets and Gate 1080; 10 assets trade on both.
Does Katana Perps or Gate require KYC?
Katana Perps: No ID, your wallet is the account; not for the US, Panama or sanctioned countries. Gate: KYC before the futures account opens; unverified accounts can only withdraw and close positions.
Can you arbitrage funding between Katana Perps and Gate?
Not profitably right now: none of the 10 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Katana Perps or Gate?
24-hour volume: Katana Perps $76.6M, Gate $21.26B. Open interest as each reports it: $553K and $12.41B. Gate reports open interest as longs plus shorts, both sides of every position; Katana Perps reports one side. For the same positions Gate's figure reads about twice as large. TVL: $1.3M and none published.