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

CATE

all CATE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.4002%/8h= +438.2% APRpaid last 24h +0.383%
Price spread now: Aster against MEXC−1.797%7-day average −1.544% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,782as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,117as in the Price arb table
costs, in and out, $10k−$2,09220.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+3.103%+$310 on $10k
Price spread, last 4 days (all we have)+1.734%+$173 · spread now −1.797%, 7d avg −1.544%
Together, before fees+4.837%+ Points / potential airdropAster: Stage 5 · farm board+$484 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.253% cheaper against MEXC than usual: you would sell low and buy high (spread −1.797% now, against its 7-day average of −1.544%). If the spread goes back, that is −$25 on $10k: about 5 hours of funding at the current rate (+$120 a day). At the pace of the last 7 days (+3.103% in total) that is about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CATE_USDT0.098420.0274pay 0.0137% / 4h2h 38m$947K$525K20x
ShortAster CATEUSDT0.096650.4276get 0.0534% / 1h38m 55s$307K$260K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
$840.39
Price spread: −1.797% → −1.544%
−$25.3
Slippage, 4 orders
−$2,080.01
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$1,276.93
Costs to cover
20.920%
Break-even
17.6 days
Slippage from MEXC: live order book, 45 min ago; Aster: live order book, 48 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 MEXC live order book, 45 min ago28.85 bp447.6 bp −$448doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 48 min ago108.64 bp431.5 bp −$431doesn't fitdoesn't fitdoesn't fit

CATE on 4 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
Gate CATE_USDT+0.0100%4h0.09563−2.838%$191K$137K20xas long as short
BingX CATE-USDT+0.0192%4h0.09851+0.092%$1.0Mas long as short
MEXC CATE_USDTlong+0.0274%4h0.09842long leg$947K$525K20x
Aster CATEUSDTshort+0.4276%1h0.09665−1.797%$307K$260K5x