CATI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against Bitget+0.075%75s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as 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−$1121.117% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 4 days (all we have)−0.494%−$49 · spread now +0.075%, 7d avg −0.002%

Together, before fees−0.514%−$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.077% dearer against Bitget than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.002%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.020% in total) that is about 27 days. The two prices were read 75 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	Bitget CATIUSDT	0.06665	0.0100	pay 0.0050% / 4h	2h 40m	$364K	$81K	50x
Short	BloFin CATI-USDT	0.06670	0.0078	get 0.0039% / 4h	2h 40m	$237K	$42K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$4.55
Price spread: +0.075% → −0.002%: $7.7
Slippage, 4 orders: −$87.66
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$108.52
Costs to cover: 1.117%
Break-even: never at this rate

Slippage from Bitget: live order book, 65 min ago; BloFin: live order book, 41 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 Bitget live order book, 65 min ago	8.17 bp	41.4 bp −$41	223.0 bp −$2,230	doesn't fit	doesn't fit
Sell BloFin live order book, 41 min ago	0.74 bp	24.4 bp −$24	72.9 bp −$729	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	−0.1365%	1h	0.06653	−0.173%	$7K	$10K	10x	as long as short
BloFin CATI-USDTshort	+0.0078%	4h	0.06670	+0.075%	$237K	$42K	50x
Binance CATIUSDT	+0.0100%	4h	0.06657	−0.123%	$3.6M	$1.9M	50x	as long as short
Bybit CATIUSDT	+0.0100%	4h	0.06647	−0.270%	$995K	$305K	25x	as long as short
Gate CATI_USDT	+0.0100%	4h	0.06661	−0.060%	$73K	$66K	25x	as long as short
MEXC CATI_USDT	+0.0100%	4h	0.06655	−0.150%	$560K	$252K	100x	as long as short
KuCoin CATIUSDTM	+0.0100%	4h	0.06656	−0.135%	$229K	$29K	30x	as long as short
Bitget CATIUSDTlong	+0.0100%	4h	0.06665	long leg	$364K	$81K	50x
BingX CATI-USDT	+0.0100%	4h	0.06655	−0.150%	—	$6.5M	—	as long as short
Variational Omni CATI	+0.0100%	4h	0.06654	−0.166%	$652	$3	—	as long as short