Funding arb · Price arb /

CATI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC−0.166%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$930as in the Funding arb table

Net, price: spread back to 7d avg − costs−$940as in the Price arb table

costs, in and out, $10k−$9309.296% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.166%, 7d avg −0.064%

Together, before fees+0.150%+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.103% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CATI_USDT	0.06616	0.0100	pay 0.0050% / 4h	2h 59m	$526K	$269K	100x
Short	KuCoin CATIUSDTM	0.06605	0.0100	get 0.0050% / 4h	2h 59m	$226K	$33K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.166%Rate

Funding earned: $0
Price spread: −0.166% → −0.064%: −$10.25
Slippage, 4 orders: −$913.59
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$939.84
Costs to cover: 9.296%
Break-even: never at this rate

Slippage from MEXC: live order book, 20 min ago; KuCoin: live order book, 21 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 MEXC live order book, 20 min ago	1.51 bp	11.2 bp −$11	115.7 bp −$1,157	164.0 bp −$16.4K	397.5 bp −$198.7K
Sell KuCoin live order book, 21 min ago	9.08 bp	268.9 bp −$269	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-USDT	+0.0041%	4h	0.06614	−0.030%	$228K	$42K	50x	as long as short
Binance CATIUSDT	+0.0100%	4h	0.06616	0.000%	$3.6M	$2.1M	50x	as long as short
Bybit CATIUSDT	+0.0100%	4h	0.06607	−0.136%	$988K	$364K	25x	as long as short
Gate CATI_USDT	+0.0100%	4h	0.06611	−0.076%	$69K	$64K	25x	as long as short
MEXC CATI_USDTlong	+0.0100%	4h	0.06616	long leg	$526K	$269K	100x
KuCoin CATIUSDTMshort	+0.0100%	4h	0.06605	−0.166%	$226K	$33K	30x
Bitget CATIUSDT	+0.0100%	4h	0.06608	−0.121%	$361K	$86K	50x	as long as short
BingX CATI-USDT	+0.0100%	4h	0.06613	−0.045%	—	$6.6M	—	as long as short
Variational Omni CATI	+0.0100%	4h	0.06602	−0.215%	$645	$3	—	as long as short
Kraken Futures PF_CATIUSD	+0.0227%	1h	0.06610	−0.096%	$7K	$11K	10x	as long as short