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−0.081%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2542.536% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now −0.081%, 7d avg −0.128%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.047% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CATIUSDT | 0.06674 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $3.6M | $1.9M | 50x |
| Short | Bybit CATIUSDT | 0.06669 | 0.0100 | get 0.0050% / 4h | 2h 42m | $998K | $305K | 25x |
Binance CATIUSDT
Bybit CATIUSDTFunding 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 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: −0.081% → −0.128%
- $4.69
- Slippage, 4 orders
- −$232.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$248.87
- Costs to cover
- 2.536%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 3 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, 9 min ago | 1.49 bp | 25.4 bp −$25 | 282.1 bp −$2,821 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.25 bp | 102.3 bp −$102 | doesn't fit | 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 | −0.1363% | 1h | 0.06665 | −0.138% | $7K | $10K | 10x | as long as short |
| Binance CATIUSDTlong | +0.0100% | 4h | 0.06674 | long leg | $3.6M | $1.9M | 50x | |
| Bybit CATIUSDTshort | +0.0100% | 4h | 0.06669 | −0.081% | $998K | $305K | 25x | |
| Gate CATI_USDT | +0.0100% | 4h | 0.06670 | −0.066% | $73K | $65K | 25x | as long as short |
| MEXC CATI_USDT | +0.0100% | 4h | 0.06683 | +0.128% | $562K | $252K | 100x | as long as short |
| KuCoin CATIUSDTM | +0.0100% | 4h | 0.06673 | −0.021% | $230K | $29K | 30x | as long as short |
| Bitget CATIUSDT | +0.0100% | 4h | 0.06686 | +0.173% | $365K | $81K | 50x | as long as short |
| BingX CATI-USDT | +0.0100% | 4h | 0.06671 | −0.051% | — | $6.5M | — | as long as short |
| Variational Omni CATI | +0.0100% | 4h | 0.06663 | −0.174% | $653 | $3 | — | as long as short |
| BloFin CATI-USDT | +0.0141% | 4h | 0.06675 | +0.009% | $237K | $42K | 50x | as long as short |
Kraken Futures PF_CATIUSD
Gate CATI_USDT
MEXC CATI_USDT
KuCoin CATIUSDTM
Bitget CATIUSDT
BingX CATI-USDT
Variational Omni CATI
BloFin CATI-USDT