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

CAT

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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: BingX against Bybit−0.333%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2342.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.235%+$24 · spread now −0.333%, 7d avg −0.025%
Together, before fees+0.235%+$24 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: BingX is 0.308% cheaper against Bybit than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000CATUSDT0.0000022210.0100pay 0.0050% / 4h30m 37s$237K$142K25x
ShortBingX 1000CAT-USDT0.0000022140.0100get 0.0050% / 4h30m 37s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.333% → −0.025%
−$30.79
Slippage, 4 orders
−$212.77
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$264.56
Costs to cover
2.338%
Break-even
never at this rate
Slippage from Bybit: live order book, 10 min ago; BingX: live order book, 15 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 Bybit live order book, 10 min ago6.81 bp75.3 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago11.36 bp49.5 bp −$50157.3 bp −$1,573711.2 bp −$71.1K1027.8 bp −$513.9K

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%4h0.000002220−0.046%$19K$36K5xas long as short
Binance 1000CATUSDT+0.0100%4h0.000002222+0.047%$1.5M$2.2M20xas long as short
Bybit 1000CATUSDTlong+0.0100%4h0.000002221long leg$237K$142K25x
MEXC CAT_USDT+0.0100%4h0.000002222+0.027%$509K$155K100xas long as short
KuCoin 10000CATUSDTM+0.0100%4h0.000002219−0.108%$129K$84K20xas long as short
Bitget 1000CATUSDT+0.0100%4h0.000002219−0.108%$184K$320K10xas long as short
BingX 1000CAT-USDTshort+0.0100%4h0.000002214−0.333%$1.3M