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: KuCoin against BloFin−0.015%80s7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$895as 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−$8978.970% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.378%+$38 · spread now −0.015%, 7d avg −0.060%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.045% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.060%. The two prices were read 80 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 | 0.06615 | 0.0077 | pay 0.0039% / 4h | 1h 57m | $234K | $42K | 50x |
| Short | KuCoin CATIUSDTM | 0.06614 | 0.0100 | get 0.0050% / 4h | 1h 57m | $228K | $29K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $4.75
- Price spread: −0.015% → −0.060%
- $4.51
- Slippage, 4 orders
- −$873.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$887.76
- Costs to cover
- 8.970%
- Break-even
- 1315.1 days
Slippage from BloFin: live order book, 18 min ago; KuCoin: live order book, 58 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, 18 min ago | 1.50 bp | 21.8 bp −$22 | 120.8 bp −$1,208 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 9.72 bp | 243.1 bp −$243 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CATIUSD | −0.1609% | 1h | 0.06609 | −0.086% | $7K | $10K | 10x | as long as short |
| BloFin CATI-USDTlong | +0.0077% | 4h | 0.06615 | long leg | $234K | $42K | 50x | |
| Binance CATIUSDT | +0.0100% | 4h | 0.06620 | +0.076% | $3.6M | $2.0M | 50x | as long as short |
| Bybit CATIUSDT | +0.0100% | 4h | 0.06612 | −0.045% | $987K | $316K | 25x | as long as short |
| Gate CATI_USDT | +0.0100% | 4h | 0.06613 | −0.030% | $68K | $69K | 25x | as long as short |
| MEXC CATI_USDT | +0.0100% | 4h | 0.06624 | +0.136% | $528K | $263K | 100x | as long as short |
| KuCoin CATIUSDTMshort | +0.0100% | 4h | 0.06614 | −0.015% | $228K | $29K | 30x | |
| Bitget CATIUSDT | +0.0100% | 4h | 0.06620 | +0.076% | $360K | $83K | 50x | as long as short |
| BingX CATI-USDT | +0.0100% | 4h | 0.06618 | +0.045% | — | $6.5M | — | as long as short |
| Variational Omni CATI | +0.0100% | 4h | 0.06609 | −0.094% | $645 | $3 | — | as long as short |
BloFin CATI-USDT
KuCoin CATIUSDTM
Kraken Futures PF_CATIUSD
Binance CATIUSDT
Bybit CATIUSDT
Gate CATI_USDT
MEXC CATI_USDT
Bitget CATIUSDT
BingX CATI-USDT
Variational Omni CATI