Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against BloFin−0.045%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2642.644% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+1.616%+$162 · spread now −0.045%, 7d avg −0.126%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.080% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.126%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CATI-USDT | 0.06607 | 0.0062 | pay 0.0031% / 4h | 3h 39m | $229K | $42K | 50x |
| Short | Bybit CATIUSDT | 0.06604 | 0.0100 | get 0.0050% / 4h | 3h 39m | $990K | $364K | 25x |
BloFin CATI-USDT
Bybit CATIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $7.94
- Price spread: −0.045% → −0.126%
- $8.02
- Slippage, 4 orders
- −$241.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$248.42
- Costs to cover
- 2.644%
- Break-even
- 226.1 days
Slippage from BloFin: live order book, 27 min ago; Bybit: live order book, 1 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, 27 min ago | 9.04 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.79 bp | 108.4 bp −$108 | doesn't fit | 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 | +0.0062% | 4h | 0.06607 | long leg | $229K | $42K | 50x | |
| Binance CATIUSDT | +0.0100% | 4h | 0.06617 | +0.154% | $3.6M | $2.1M | 50x | as long as short |
| Bybit CATIUSDTshort | +0.0100% | 4h | 0.06604 | −0.045% | $990K | $364K | 25x | |
| Gate CATI_USDT | +0.0100% | 4h | 0.06610 | +0.045% | $69K | $64K | 25x | as long as short |
| MEXC CATI_USDT | +0.0100% | 4h | 0.06617 | +0.151% | $527K | $267K | 100x | as long as short |
| KuCoin CATIUSDTM | +0.0100% | 4h | 0.06612 | +0.076% | $226K | $34K | 30x | as long as short |
| Bitget CATIUSDT | +0.0100% | 4h | 0.06621 | +0.212% | $363K | $86K | 50x | as long as short |
| BingX CATI-USDT | +0.0100% | 4h | 0.06607 | 0.000% | — | $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 | 0.06595 | −0.180% | $7K | $11K | 10x | as long as short |
Binance CATIUSDT
Gate CATI_USDT
MEXC CATI_USDT
KuCoin CATIUSDTM
Bitget CATIUSDT
BingX CATI-USDT
Variational Omni CATI
Kraken Futures PF_CATIUSD