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: Binance against Bybit−0.236%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2242.245% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.236%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.196% cheaper against Bybit than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000CATUSDT | 0.000002264 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $249K | $159K | 25x |
| Short | Binance 1000CATUSDT | 0.000002258 | 0.0100 | get 0.0050% / 4h | 2h 43m | $1.6M | $2.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.236% → −0.041%
- −$19.58
- Slippage, 4 orders
- −$203.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$244.03
- Costs to cover
- 2.245%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 52 min ago; Binance: live order book, 7 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 Bybit live order book, 52 min ago | 4.47 bp | 77.0 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 6.58 bp | 35.6 bp −$36 | 140.7 bp −$1,407 | doesn't fit | doesn't fit |
CAT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster 1000CATUSDT | +0.0100% | 4h | 0.000002264 | +0.034% | $19K | $36K | 5x | as long as short |
| Binance 1000CATUSDTshort | +0.0100% | 4h | 0.000002258 | −0.236% | $1.6M | $2.3M | 20x | |
| Bybit 1000CATUSDTlong | +0.0100% | 4h | 0.000002264 | long leg | $249K | $159K | 25x | |
| MEXC CAT_USDT | +0.0100% | 4h | 0.000002261 | −0.110% | $529K | $164K | 100x | as long as short |
| KuCoin 10000CATUSDTM | +0.0100% | 4h | 0.000002267 | +0.155% | $123K | $87K | 20x | as long as short |
| Bitget 1000CATUSDT | +0.0100% | 4h | 0.000002265 | +0.066% | $179K | $339K | 10x | as long as short |
| BingX 1000CAT-USDT | +0.0100% | 4h | 0.000002271 | +0.331% | — | $1.3M | — | as long as short |
Bybit 1000CATUSDT
Binance 1000CATUSDT
Aster 1000CATUSDT
MEXC CAT_USDT
KuCoin 10000CATUSDTM
Bitget 1000CATUSDT
BingX 1000CAT-USDT