Settings8H · net · $10k
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Funding arb · Price arb / RWA

CAT

RWAAll CAT markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceCATUSDT
561.68+0.0094pay 0.0094% / 8h7h 46m$819K$1.6M25xLong Binance
SHORT
MEXCCATSTOCK_USDT
561.07−0.0724pay 0.0724% / 8h7h 46m$1.9M$221K20xShort MEXC
Price gap−0.108%
Funding gap−0.0818% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $25 a day and eats that in about 5 hours. At the last 7 days' pace that is about 2 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$391−0.0818% /8h now · paid −3.909% over the last 7D
Price+$5spread −0.108% now, avg −0.163% → +0.055% if it goes back
Costs−$1000.998% of $10k · taker + slippage, in and out
Result−$485−4.85%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.108%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CAT on 10 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size19.5 / 24.8 bp
    At $10k entering MEXC costs 24.8 bp, fee and slippage, 1.3× Binance’s.
  • Note: Margin at max leverage$400 + $500
    Binance 25x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$24.55Long Binance: 3 payments, −$2.83; short MEXC: 3 payments, −$21.72.
  • OK: Entry gap works for you−0.108% vs −0.163%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$819K vs $1.9M OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · MEXC Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.1862%/8h × 21 periods−$390.95
Price spread−0.108% → −0.163% (7d avg)+$5.49
Slippage, 4 orderslive order books−$87.84
Fee Binance bp × 2 orders−$8.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$485.30
Costs to cover0.998%Break-evennever at this rate
Slippage: Binance: live order book, 5 min ago; MEXC: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance3.9619.5 bp−$1994.6 bp−$946doesn’t fitdoesn’t fit
SELL · SHORTMEXC13.8024.8 bp−$25155.6 bp−$1,556213.6 bp−$21.4Kdoesn’t fit

Closing costs about the same again.

Alert

CAT news

posts that mention CAT or Caterpillar, from every exchange
11-05 14:08KalshiListingnew market KXCATPERP ($CAT) seen by our collector
10-29 11:30KalshiOtherJUST IN: Caterpillar Inc. beats Q3 estimates with nearly $21 billion in revenue @Kalshi on X ↗
10-15 05:30BitgetOtherPPI data is up next: 7 hours to go. ⏳ Will $CAT, $FDX, $DE, and $CSX make big moves? @bitget on X ↗
09-22 08:47Jupiter PerpsOtherTHE CAT IS OUT THE BAAAAG @JupiterExchange on X ↗