CATI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against BingX+0.240%66s7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as 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−$1141.137% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)−1.004%−$100 · spread now +0.240%, 7d avg +0.052%

Together, before fees−1.023%−$102 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.188% dearer against BingX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.052%. The two prices were read 66 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	BingX CATI-USDT	0.06667	0.0100	pay 0.0050% / 4h	28m 09s	—	$6.5M	—
Short	BloFin CATI-USDT	0.06683	0.0151	get 0.0076% / 4h	28m 09s	$238K	$42K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now +0.240%Rate

Funding earned: $10.75
Price spread: +0.240% → +0.052%: $18.82
Slippage, 4 orders: −$91.71
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$84.15
Costs to cover: 1.137%
Break-even: 61.8 days

Slippage from BingX: live order book, 7 min ago; BloFin: 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 BingX live order book, 7 min ago	2.25 bp	23.4 bp −$23	176.4 bp −$1,764	684.6 bp −$68.5K	930.1 bp −$465.0K
Sell BloFin live order book, 3 min ago	1.50 bp	33.9 bp −$34	113.0 bp −$1,130	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	−0.0929%	1h	0.06653	−0.209%	$7K	$10K	10x	as long as short
Binance CATIUSDT	+0.0100%	4h	0.06673	+0.090%	$3.6M	$1.9M	50x	as long as short
Bybit CATIUSDT	+0.0100%	4h	0.06665	−0.030%	$999K	$305K	25x	as long as short
Gate CATI_USDT	+0.0100%	4h	0.06673	+0.090%	$71K	$61K	25x	as long as short
MEXC CATI_USDT	+0.0100%	4h	0.06673	+0.090%	$563K	$244K	100x	as long as short
KuCoin CATIUSDTM	+0.0100%	4h	0.06669	+0.030%	$229K	$29K	30x	as long as short
Bitget CATIUSDT	+0.0100%	4h	0.06679	+0.180%	$356K	$76K	50x	as long as short
BingX CATI-USDTlong	+0.0100%	4h	0.06667	long leg	—	$6.5M	—
Variational Omni CATI	+0.0100%	4h	0.06671	+0.057%	$652	$3	—	as long as short
BloFin CATI-USDTshort	+0.0151%	4h	0.06683	+0.240%	$238K	$42K	50x