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

CAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.124%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2242.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.124%, 7d avg +0.041%
Together, before fees−0.015%−$1 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: Bybit is 0.083% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000CATUSDT0.0000022660.0100pay 0.0050% / 4h2h 43m$1.6M$2.3M20x
ShortBybit 1000CATUSDT0.0000022690.0100get 0.0050% / 4h2h 43m$250K$159K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
Price spread: +0.124% → +0.041%
$8.3
Slippage, 4 orders
−$203.46
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$216.16
Costs to cover
2.245%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 51 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 Binance live order book, 6 min ago6.58 bp36.3 bp −$36315.4 bp −$3,154doesn't fitdoesn't fit
Sell Bybit live order book, 51 min ago4.47 bp75.6 bp −$76266.9 bp −$2,669doesn't fitdoesn't fit

CAT on 7 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
Aster 1000CATUSDT+0.0100%4h0.000002269+0.124%$20K$36K5xas long as short
Binance 1000CATUSDTlong+0.0100%4h0.000002266long leg$1.6M$2.3M20x
Bybit 1000CATUSDTshort+0.0100%4h0.000002269+0.124%$250K$159K25x
MEXC CAT_USDT+0.0100%4h0.000002265−0.044%$530K$164K100xas long as short
KuCoin 10000CATUSDTM+0.0100%4h0.000002269+0.132%$124K$87K20xas long as short
Bitget 1000CATUSDT+0.0100%4h0.000002270+0.177%$179K$339K10xas long as short
BingX 1000CAT-USDT+0.0100%4h0.000002274+0.353%$1.3Mas long as short