CATE arbitrage explained
Right now CateCoin (CATE) trades on 3 venues we scan: 3 perpetual markets, 2 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.0589 and the highest bid on MEXC perp at $0.0605.
The widest CATE perpetual spread is between Gate and MEXC: long CATE on Gate at $0.0591 and short on MEXC at $0.0605 for +2.32% gross, or +2.16% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.050% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best CATE route is to buy spot on Gate and short the perpetual on MEXC: +2.70% gross, +2.50% net, with +0.080% a day of funding on the short leg.
Spot–spot CATE arbitrage (buy on Gate, withdraw, deposit and sell on MEXC) shows -0.24% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small CATE gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: CATE funding rates · CATE spread charts · CateCoin price · arbitrage scanner for all coins.