Funding you earn now, next payment 12:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against BloFin+0.212%65s7-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−$1161.160% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+1.359%+$136 · spread now +0.212%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.210% dearer against BloFin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.002%. The two prices were read 65 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 | BloFin CATI-USDT | 0.06607 | 0.0040 | pay 0.0020% / 4h | 3h 40m | $229K | $42K | 50x |
| Short | Bitget CATIUSDT | 0.06621 | 0.0100 | get 0.0050% / 4h | 3h 40m | $363K | $86K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $12.57
- Price spread: +0.212% → +0.002%
- $21
- Slippage, 4 orders
- −$92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$82.44
- Costs to cover
- 1.160%
- Break-even
- 52.9 days
Slippage from BloFin: live order book, 26 min ago; Bitget: live order book, 50 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, 26 min ago | 9.04 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 50 min ago | 6.77 bp | 32.4 bp −$32 | 205.7 bp −$2,057 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CATI-USDTlong | +0.0040% | 4h | 0.06607 | long leg | $229K | $42K | 50x | |
| Binance CATIUSDT | +0.0100% | 4h | 0.06617 | +0.153% | $3.6M | $2.1M | 50x | as long as short |
| Bybit CATIUSDT | +0.0100% | 4h | 0.06604 | −0.045% | $990K | $364K | 25x | as long as short |
| Gate CATI_USDT | +0.0100% | 4h | 0.06609 | +0.030% | $69K | $64K | 25x | as long as short |
| MEXC CATI_USDT | +0.0100% | 4h | 0.06616 | +0.136% | $526K | $267K | 100x | as long as short |
| KuCoin CATIUSDTM | +0.0100% | 4h | 0.06609 | +0.030% | $226K | $34K | 30x | as long as short |
| Bitget CATIUSDTshort | +0.0100% | 4h | 0.06621 | +0.212% | $363K | $86K | 50x | |
| BingX CATI-USDT | +0.0100% | 4h | 0.06605 | −0.030% | — | $6.6M | — | as long as short |
| Variational Omni CATI | +0.0100% | 4h | 0.06601 | −0.085% | $645 | $3 | — | as long as short |
| Kraken Futures PF_CATIUSD | +0.0227% | 1h | 0.06594 | −0.194% | $7K | $11K | 10x | as long as short |
BloFin CATI-USDT
Bitget CATIUSDT
Binance CATIUSDT
Bybit CATIUSDT
Gate CATI_USDT
MEXC CATI_USDT
KuCoin CATIUSDTM
BingX CATI-USDT
Variational Omni CATI
Kraken Futures PF_CATIUSD