Funding you earn now, next payment 12:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin+0.031%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$566as in the Funding arb table
Net, price: spread back to 7d avg − costs−$568as in the Price arb table
costs, in and out, $10k−$5645.644% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.534%−$53 · spread now +0.031%, 7d avg +0.062%
=Funding pays, the price is against you. BloFin is 0.032% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.031% now, against its 7-day average of +0.062%). If the spread goes back, that is −$3 on $10k: about 6.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CATIUSDTM | 0.06518 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $223K | $33K | 30x |
| Short | BloFin CATI-USDT | 0.06520 | 0.0117 | get 0.0058% / 4h | 1h 28m | $226K | $20K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $3.57
- Price spread: +0.031% → +0.062%
- −$3.16
- Slippage, 4 orders
- −$540.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$563.99
- Costs to cover
- 5.644%
- Break-even
- 1113.3 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 10 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 KuCoin live order book, 4 min ago | 8.44 bp | 282.9 bp −$283 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 0.76 bp | 35.4 bp −$35 | 124.1 bp −$1,241 | doesn't fit | doesn't fit |
CATI on 10 exchanges
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 | −0.0049% | 1h | 0.06519 | +0.011% | $7K | $6K | 10x | as long as short |
| Binance CATIUSDT | +0.0100% | 4h | 0.06524 | +0.096% | $3.5M | $2.0M | 50x | as long as short |
| Bybit CATIUSDT | +0.0100% | 4h | 0.06510 | −0.123% | $970K | $334K | 25x | as long as short |
| Gate CATI_USDT | +0.0100% | 4h | 0.06531 | +0.199% | $69K | $53K | 25x | as long as short |
| MEXC CATI_USDT | +0.0100% | 4h | 0.06523 | +0.077% | $496K | $269K | 100x | as long as short |
| KuCoin CATIUSDTMlong | +0.0100% | 4h | 0.06518 | long leg | $223K | $33K | 30x | |
| Bitget CATIUSDT | +0.0100% | 4h | 0.06516 | −0.031% | $356K | $84K | 50x | as long as short |
| BingX CATI-USDT | +0.0100% | 4h | 0.06514 | −0.061% | — | $6.5M | — | as long as short |
| Variational Omni CATI | +0.0100% | 4h | 0.06510 | −0.123% | $637 | $3 | — | as long as short |
| BloFin CATI-USDTshort | +0.0117% | 4h | 0.06520 | +0.031% | $226K | $20K | 50x |
KuCoin CATIUSDTM
BloFin CATI-USDT
Kraken Futures PF_CATIUSD
Binance CATIUSDT
Bybit CATIUSDT
Gate CATI_USDT
MEXC CATI_USDT
Bitget CATIUSDT
BingX CATI-USDT
Variational Omni CATI