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

CATI

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1161.160% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+1.378%+$138 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CATI-USDT0.066070.0040pay 0.0020% / 4h3h 40m$229K$42K50x
ShortBitget CATIUSDT0.066210.0100get 0.0050% / 4h3h 40m$363K$86K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 26 min ago9.04 bp26.2 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 50 min ago6.77 bp32.4 bp −$32205.7 bp −$2,057doesn't fitdoesn't fit

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
BloFin CATI-USDTlong+0.0040%4h0.06607long leg$229K$42K50x
Binance CATIUSDT+0.0100%4h0.06617+0.153%$3.6M$2.1M50xas long as short
Bybit CATIUSDT+0.0100%4h0.06604−0.045%$990K$364K25xas long as short
Gate CATI_USDT+0.0100%4h0.06609+0.030%$69K$64K25xas long as short
MEXC CATI_USDT+0.0100%4h0.06616+0.136%$526K$267K100xas long as short
KuCoin CATIUSDTM+0.0100%4h0.06609+0.030%$226K$34K30xas long as short
Bitget CATIUSDTshort+0.0100%4h0.06621+0.212%$363K$86K50x
BingX CATI-USDT+0.0100%4h0.06605−0.030%$6.6Mas long as short
Variational Omni CATI+0.0100%4h0.06601−0.085%$645$3as long as short
Kraken Futures PF_CATIUSD+0.0227%1h0.06594−0.194%$7K$11K10xas long as short