Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin+0.225%49s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as 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−$670.671% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.205%+$20 · spread now +0.225%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.221% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 49 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 | 0.06659 | 0.0045 | pay 0.0022% / 4h | 2h 36m | $238K | $42K | 50x |
| Short | MEXC CATI_USDT | 0.06674 | 0.0100 | get 0.0050% / 4h | 2h 36m | $562K | $255K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $11.64
- Price spread: +0.225% → +0.004%
- $22.1
- Slippage, 4 orders
- −$51.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$33.36
- Costs to cover
- 0.671%
- Break-even
- 27.1 days
Slippage from BloFin: live order book, 45 min ago; MEXC: live order book, 4 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, 45 min ago | 0.74 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.75 bp | 10.3 bp −$10 | 110.0 bp −$1,100 | 159.5 bp −$16.0K | 381.5 bp −$190.7K |
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 | −0.1365% | 1h | 0.06657 | −0.033% | $7K | $10K | 10x | as long as short |
| BloFin CATI-USDTlong | +0.0045% | 4h | 0.06659 | long leg | $238K | $42K | 50x | |
| Binance CATIUSDT | +0.0100% | 4h | 0.06675 | +0.234% | $3.6M | $1.9M | 50x | as long as short |
| Bybit CATIUSDT | +0.0100% | 4h | 0.06664 | +0.075% | $997K | $305K | 25x | as long as short |
| Gate CATI_USDT | +0.0100% | 4h | 0.06669 | +0.150% | $73K | $66K | 25x | as long as short |
| MEXC CATI_USDTshort | +0.0100% | 4h | 0.06674 | +0.225% | $562K | $255K | 100x | |
| KuCoin CATIUSDTM | +0.0100% | 4h | 0.06664 | +0.075% | $229K | $29K | 30x | as long as short |
| Bitget CATIUSDT | +0.0100% | 4h | 0.06677 | +0.270% | $365K | $81K | 50x | as long as short |
| BingX CATI-USDT | +0.0100% | 4h | 0.06664 | +0.075% | — | $6.5M | — | as long as short |
| Variational Omni CATI | +0.0100% | 4h | 0.06654 | −0.076% | $652 | $3 | — | as long as short |
BloFin CATI-USDT
MEXC CATI_USDT
Kraken Futures PF_CATIUSD
Binance CATIUSDT
Bybit CATIUSDT
Gate CATI_USDT
KuCoin CATIUSDTM
Bitget CATIUSDT
BingX CATI-USDT
Variational Omni CATI