Funding arb · Price arb /

CATI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget−0.074%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$920.919% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.074%, 7d avg −0.001%

Together, before fees+0.074%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.073% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CATIUSDT	0.06725	0.0100	pay 0.0050% / 4h	1h 15m	$358K	$76K	50x
Short	MEXC CATI_USDT	0.06720	0.0100	get 0.0050% / 4h	1h 15m	$568K	$244K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.074%Rate

Funding earned: $0
Price spread: −0.074% → −0.001%: −$7.3
Slippage, 4 orders: −$75.88
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$99.18
Costs to cover: 0.919%
Break-even: never at this rate

Slippage from Bitget: live order book, 40 min ago; MEXC: live order book, 40 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, 40 min ago	8.20 bp	33.6 bp −$34	231.4 bp −$2,314	doesn't fit	doesn't fit
Sell MEXC live order book, 40 min ago	2.99 bp	14.3 bp −$14	109.5 bp −$1,095	156.7 bp −$15.7K	391.1 bp −$195.6K

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	−0.1471%	1h	0.06712	−0.197%	$8K	$10K	10x	as long as short
Binance CATIUSDT	+0.0100%	4h	0.06720	−0.075%	$3.7M	$1.9M	50x	as long as short
Bybit CATIUSDT	+0.0100%	4h	0.06708	−0.253%	$1.0M	$302K	25x	as long as short
Gate CATI_USDT	+0.0100%	4h	0.06708	−0.253%	$71K	$61K	25x	as long as short
MEXC CATI_USDTshort	+0.0100%	4h	0.06720	−0.074%	$568K	$244K	100x
KuCoin CATIUSDTM	+0.0100%	4h	0.06717	−0.119%	$231K	$29K	30x	as long as short
Bitget CATIUSDTlong	+0.0100%	4h	0.06725	long leg	$358K	$76K	50x
BingX CATI-USDT	+0.0100%	4h	0.06722	−0.045%	—	$6.5M	—	as long as short
Variational Omni CATI	+0.0100%	4h	0.06710	−0.228%	$656	$3	—	as long as short
BloFin CATI-USDT	+0.0152%	4h	0.06728	+0.045%	$241K	$42K	50x	as long as short