CATI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin+0.032%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1271.269% of the position

Long on BloFin Short on Binance

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)+0.317%+$32 · spread now +0.032%, 7d avg −0.003%

Together, before fees+0.337%+$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.035% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CATI-USDT	0.06615	0.0077	pay 0.0039% / 4h	1h 59m	$234K	$42K	50x
Short	Binance CATIUSDT	0.06617	0.0100	get 0.0050% / 4h	1h 59m	$3.6M	$2.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.032%Rate

Funding earned: $4.75
Price spread: +0.032% → −0.003%: $3.48
Slippage, 4 orders: −$104.85
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$118.63
Costs to cover: 1.269%
Break-even: 181.8 days

Slippage from BloFin: live order book, 17 min ago; Binance: live order book, 7 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 BloFin live order book, 17 min ago	1.50 bp	21.8 bp −$22	120.8 bp −$1,208	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	2.26 bp	44.8 bp −$45	258.6 bp −$2,586	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	−0.1610%	1h	0.06607	−0.122%	$7K	$10K	10x	as long as short
BloFin CATI-USDTlong	+0.0077%	4h	0.06615	long leg	$234K	$42K	50x
Binance CATIUSDTshort	+0.0100%	4h	0.06617	+0.032%	$3.6M	$2.0M	50x
Bybit CATIUSDT	+0.0100%	4h	0.06604	−0.166%	$986K	$316K	25x	as long as short
Gate CATI_USDT	+0.0100%	4h	0.06607	−0.121%	$68K	$69K	25x	as long as short
MEXC CATI_USDT	+0.0100%	4h	0.06612	−0.045%	$527K	$263K	100x	as long as short
KuCoin CATIUSDTM	+0.0100%	4h	0.06613	−0.030%	$228K	$29K	30x	as long as short
Bitget CATIUSDT	+0.0100%	4h	0.06620	+0.076%	$360K	$83K	50x	as long as short
BingX CATI-USDT	+0.0100%	4h	0.06613	−0.030%	—	$6.6M	—	as long as short
Variational Omni CATI	+0.0100%	4h	0.06609	−0.094%	$645	$3	—	as long as short