TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

CAT

RWAAll CAT markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BybitCATSTOCKUSDT
686.0600.0000% / 8h1h 52m$176K$47K25xLong Bybit
SHORT
QFEXCAT-USD
684.49+0.0055get 0.0007% / 1h52m 46s$1.5M$2.5M10xShort QFEX10% back
Price gap−0.229%
Funding gap+0.0055% /8h

Funding pays +$2 a day on $10k, but the gap is 0.066% under its 7d average: −$7 if it goes back, about 4.0 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$5+0.0055% /8h now · paid −0.048% over the last 7D
Price−$7spread −0.229% now, avg −0.162% → −0.066% if it goes back
Costs−$2772.767% of $10k · taker + slippage, in and out
Result−$288−2.88%no pointsWhat the last 7D really paid, hour by hour → backtest

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−0.229%
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 9 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size124.1 / 18.3 bp
    At $10k entering Bybit costs 124.1 bp, fee and slippage, 6.8× QFEX’s.
  • Note: Margin at max leverage$400 + $1,000
    Bybit 25x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.65Long Bybit: 3 payments, $0.00; short QFEX: 24 payments, +$1.65.
  • Watch: Gap narrower than usual−0.229% vs −0.162%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$176K vs $1.5M OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · QFEX No
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0023%/8h × 21 periods−$4.76
Price spread−0.229% → −0.162% (7d avg)−$6.64
Slippage, 4 orderslive order books−$245.66
Fee Bybit bp × 2 orders−$11.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$288.06
Costs to cover2.767%Break-evennever at this rate
Slippage: Bybit: live order book, 42 min ago; QFEX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit23.50124.1 bp−$124doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX2.1918.3 bp−$1821.4 bp−$214doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CAT news

posts that mention CAT or Caterpillar, from every exchangeSearch all news →
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 ↗