Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance−0.038%61s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)−0.249%−$25 · spread now −0.038%, 7d avg +0.004%
=Funding pays, the price is against you. BloFin is 0.042% cheaper against Binance than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.004%). If the spread goes back, that is −$4 on $10k: about 3.4 days of funding at the current rate (+$1 a day). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CATIUSDT | 0.06735 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $3.7M | $1.9M | 50x |
| Short | BloFin CATI-USDT | 0.06732 | 0.0142 | get 0.0071% / 4h | 3h 40m | $242K | $42K | 50x |
Binance CATIUSDT
BloFin CATI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $8.74
- Price spread: −0.038% → +0.004%
- −$4.22
- Slippage, 4 orders
- −$71.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$89.39
- Costs to cover
- 0.939%
- Break-even
- 78.6 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 26 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 Binance live order book, 11 min ago | 2.23 bp | 21.6 bp −$22 | 258.8 bp −$2,588 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 0.74 bp | 31.7 bp −$32 | 83.5 bp −$835 | doesn't fit | doesn't fit |
CATI on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CATIUSD | −0.0863% | 1h | 0.06716 | −0.272% | $8K | $10K | 10x | as long as short |
| Binance CATIUSDTlong | +0.0100% | 4h | 0.06735 | long leg | $3.7M | $1.9M | 50x | |
| Bybit CATIUSDT | +0.0100% | 4h | 0.06727 | −0.113% | $1.0M | $285K | 25x | as long as short |
| Gate CATI_USDT | +0.0100% | 4h | 0.06717 | −0.261% | $71K | $61K | 25x | as long as short |
| MEXC CATI_USDT | +0.0100% | 4h | 0.06734 | −0.009% | $522K | $237K | 100x | as long as short |
| KuCoin CATIUSDTM | +0.0100% | 4h | 0.06723 | −0.172% | $233K | $26K | 30x | as long as short |
| Bitget CATIUSDT | +0.0100% | 4h | 0.06726 | −0.128% | $360K | $73K | 50x | as long as short |
| BingX CATI-USDT | +0.0100% | 4h | 0.06728 | −0.098% | — | $6.5M | — | as long as short |
| Variational Omni CATI | +0.0100% | 4h | 0.06718 | −0.247% | $656 | $3 | — | as long as short |
| BloFin CATI-USDTshort | +0.0142% | 4h | 0.06732 | −0.038% | $242K | $42K | 50x |
Kraken Futures PF_CATIUSD
Bybit CATIUSDT
Gate CATI_USDT
MEXC CATI_USDT
KuCoin CATIUSDTM
Bitget CATIUSDT
BingX CATI-USDT
Variational Omni CATI