Settings8H · net · $10k
Funding arb · Price arb /

CATI

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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: BingX against BloFin−0.030%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1221.225% of the position
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)+0.408%+$41 · spread now −0.030%, 7d avg −0.053%
Together, before fees+0.428%+$43 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 BingX is 0.023% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CATI-USDT0.066150.0077pay 0.0039% / 4h1h 58m$234K$42K50x
ShortBingX CATI-USDT0.066130.0100get 0.0050% / 4h1h 58m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$4.75
Price spread: −0.030% → −0.053%
$2.32
Slippage, 4 orders
−$100.46
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$115.38
Costs to cover
1.225%
Break-even
177.0 days
Slippage from BloFin: live order book, 17 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 17 min ago1.50 bp21.8 bp −$22120.8 bp −$1,208doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.26 bp39.5 bp −$39194.4 bp −$1,944615.0 bp −$61.5K811.0 bp −$405.5K

CATI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_CATIUSD−0.1610%1h0.06607−0.122%$7K$10K10xas long as short
BloFin CATI-USDTlong+0.0077%4h0.06615long leg$234K$42K50x
Binance CATIUSDT+0.0100%4h0.06617+0.032%$3.6M$2.0M50xas long as short
Bybit CATIUSDT+0.0100%4h0.06604−0.166%$986K$316K25xas long as short
Gate CATI_USDT+0.0100%4h0.06607−0.121%$68K$69K25xas long as short
MEXC CATI_USDT+0.0100%4h0.06612−0.045%$527K$263K100xas long as short
KuCoin CATIUSDTM+0.0100%4h0.06613−0.030%$228K$29K30xas long as short
Bitget CATIUSDT+0.0100%4h0.06620+0.076%$360K$83K50xas long as short
BingX CATI-USDTshort+0.0100%4h0.06613−0.030%$6.6M
Variational Omni CATI+0.0100%4h0.06609−0.094%$645$3as long as short