CAT Basis: Perp vs Spot Futures Premium (Live)

CAT Basis: Perp vs Spot Premium

Live CAT basis: the CAT perpetual futures price against the same exchange's spot price, perp / spot - 1. A positive basis is a futures premium, a negative one a discount. One row per venue pair on Binance and Bybit above the liquidity filter, then the recorded basis history for 24 hours, 7 days and all time.

No CAT perp/spot pair on Binance or Bybit currently meets the comparable-pair and minimum-liquidity rules ($500K open interest, $1.00M 24h volume on the perp leg), so there is no live basis to show (Aster 1000CATUSDT: no same-venue spot market; Binance 1000CATUSDT: below the liquidity floor; Bitget 1000CATUSDT: no same-venue spot market; Bybit 1000CATUSDT: no same-venue spot market; KuCoin 10000CATUSDTM: no same-venue spot market; MEXC CAT_USDT: no same-venue spot market).

0 comparable pairsPerp OI $2.31MHistory since 27 SepAs of 11:18 UTC

CAT basis OI-weighted

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live, across the pairs below

7-day average

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not enough recorded history yet

Widest venue

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no comparable pair

Perp open interest

$2.31M

outside the top 50 by perp OI

CAT basis by venue

0 comparable pairs · largest open interest first

Exchange	Perp	Spot	Basis	Open interest	Perp vol 24h	Spot vol 24h	Trade
No CAT perp/spot pair on Binance or Bybit meets the comparable-pair and liquidity rules right now.

Not in the table: Binance 1000CATUSDT (below the liquidity floor); MEXC CAT_USDT (no same-venue spot market); KuCoin 10000CATUSDTM (no same-venue spot market); Bybit 1000CATUSDT (no same-venue spot market); Bitget 1000CATUSDT (no same-venue spot market); Aster 1000CATUSDT (no same-venue spot market).

CAT basis history

Perp vs spot, OI-weighted, every pair

Loading chart…

Chart: TradingView Lightweight Charts™

How to read it. Basis is perp / spot - 1 on the same exchange, shown live and un-annualised. Green is a premium (perp above spot), red a discount. Pairs need the same venue and quote currency, and the perp leg needs at least $500K open interest and $1.00M 24h volume. Compare every coin on the basis screener, and see CAT funding rates, which move for related reasons.

CAT basis FAQ

What is CAT basis?

CAT's basis is the gap between its perpetual futures price and its spot price on the same exchange, as a percentage: perp / spot - 1. A positive basis is a futures premium (the perp trades above spot), a negative one a discount. It tends to move with funding rates, because funding exists to pull the perp back to spot.

Why can the chart differ from the table?

The table is the live basis of each pair that clears the minimum-liquidity filter ($500K perp open interest, $1.00M 24h volume), from the latest trade price. The chart and the 7-day average are recorded history: every same-venue, same-quote pair of the coin, OI-weighted, from the perp mark price in 5-minute and hourly snapshots.

Why is Hyperliquid not in the table?

This site tracks no Hyperliquid spot markets, so a Hyperliquid perp has no same-venue spot price to compare against. Basis here covers Binance and Bybit only.

Is a high CAT futures premium a signal?

Not by itself. A rich premium often means leveraged longs are paying up, which also shows in funding; a stretched premium or discount can unwind quickly. Nothing here is financial advice.