The global pattern of convective available potential energy (CAPE) at seasonal and diurnal time scales is discussed using 1 year of COSMIC/FORMOSAT-3 satellite observations. The calculation of CAPE using temperature and humidity measurements of COSMIC is described. The estimated CAPE is grouped into 5 x 5 grid and is further classified into four seasons, namely, winter, spring, summer, and autumn. The CAPE magnitudes in general have high values over land as compared to oceanic region, which confirmed the consistency of CAPE calculations. The systematic migration of CAPE from Northern Hemisphere to Southern Hemisphere is observed during Northern Hemisphere summer to winter, coinciding with the movement of intertropical convergence zone. Once the seasonal pattern is established, the composite diurnal patterns of CAPE with 2 h resolution are obtained by combing all the observations in one season. Diurnal variation of CAPE has shown domination of semidiurnal variations at some latitudes (12 h) and diurnal variation (24 h) at some other latitudes. The mean removed CAPE is then subjected to Fourier analysis to extract the diurnal variation amplitudes. During the observational period, larger CAPE magnitudes are observed over the Indian Ocean during most of the seasons, comparable in magnitude to that of the land regions. As the CAPE and precipitation patterns have correlation, the present study demonstrated the capability of COSMIC/FORMOSAT-3 to study the diurnal patterns of CAPE, which will have implications in interpreting the tropical diurnal precipitation patterns.