Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0730%/8h= +79.9% APRpaid last 24h −0.073%

Price spread now: Bybit against ApeX Omni+0.480%79s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.655%−$66 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.480% dearer against ApeX Omni than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.655%, so the current rate has only just turned in your favour. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CASHCATUSDT	0.1689	0.0100	pay 0.0013% / 1h	8m 14s	$76K	$67K	50x
Short	Bybit CASHCATUSDT	0.1697	0.0830	get 0.0415% / 4h	3h 08m	$13.0M	$18.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee BybitbpOrdersPrice spread, now +0.480%Rate

Funding earned: $153.27
Price spread: +0.480% → 0.000%: $47.96
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $180.24
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: ApeX Omni: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	2.37 bp	38.5 bp −$38	118.4 bp −$1,184	doesn't fit	doesn't fit

ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CASHCAT	+0.0096%	1h	0.1695	+0.379%	$329K	$848K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1693	+0.272%	$253K	$190K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1694	+0.290%	$46.4M	$20.6M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1693	+0.266%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1694	+0.332%	$600K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1690	+0.052%	$1.4M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDTlong	+0.0100%	1h	0.1689	long leg	$76K	$67K	50x
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1695	+0.367%	$68K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1692	+0.201%	—	$2.5M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1694	+0.284%	$508	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1701	+0.698%	$18K	$373K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1693	+0.268%	$118K	$479K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0384%	4h	0.1697	+0.480%	$1.3M	$10.8M	20x	as long as short
BloFin CASHCAT-USDT	+0.0599%	4h	0.1697	+0.480%	$51K	$506K	20x	as long as short
BingX CASHCAT-USDT	+0.0698%	4h	0.1697	+0.480%	—	$1.0M	—	as long as short
Bybit CASHCATUSDTshort	+0.0830%	4h	0.1697	+0.480%	$13.0M	$18.6M	10x
MEXC CASHCAT_USDT	+0.0838%	4h	0.1696	+0.444%	$8.5M	$496K	20x	as long as short
Lighter CASHCAT	+0.0912%	1h	0.1696	+0.426%	$1.2M	$1.9M	3x	as long as short
edgeX CASHCATUSDC	+0.1123%	4h	0.1690	+0.050%	$51K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.2321%	1h	0.1692	+0.210%	$560K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.3384%	1h	0.1696	+0.412%	$117K	$220K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1722	+1.960%	$9K	$12K	5.5x	as long as short