Funding you earn now, next payment 09:00 UTC−0.0301%/8h= −33.0% APRnext payment −$0.38 per $10,000 · paid last 24h +0.037%
Price spread now: Polymarket Perps against ApeX Omni−0.125%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Polymarket Perps is 0.125% cheaper against ApeX Omni than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.168% in total (about -8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CASHCATUSDT | 0.1685 | 0.0401 | pay 0.0050% / 1h | 47m 19s | $76K | $60K | 50x |
| Short | Polymarket Perps CASHCAT-USD | 0.1683 | 0.0100 | get 0.0013% / 1h | 47m 19s | $66K | $1.3M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$63.29
- Price spread: −0.125% → 0.000%
- −$12.46
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$93.75
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Polymarket Perps: live order book, 16 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 Polymarket Perps live order book, 16 min ago | 3.60 bp | 9.9 bp −$10 | 18.1 bp −$181 | 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 CASHCAT | +0.0096% | 1h | 0.1684 | −0.047% | $1.1M | $1.7M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1684 | −0.018% | $361K | $931K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1686 | +0.063% | $46.4M | $20.5M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1685 | 0.000% | $1.5M | $1.8M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1687 | +0.107% | $607K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1683 | −0.079% | $1.1M | $1.8M | — | as long as short |
| Polymarket Perps CASHCAT-USDshort | +0.0100% | 1h | 0.1683 | −0.125% | $66K | $1.3M | 3x | |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1686 | +0.050% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1699 | +0.855% | $22K | $255K | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0168% | 1h | 0.1685 | +0.030% | $506 | $1K | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CASHCATUSDTlong | +0.0401% | 1h | 0.1685 | long leg | $76K | $60K | 50x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1685 | +0.023% | $242K | $884K | 5x | as long as short |
| MEXC CASHCAT_USDT | +0.0532% | 4h | 0.1689 | +0.249% | $8.5M | $528K | 20x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0563% | 4h | 0.1687 | +0.131% | $1.4M | $12.9M | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0594% | 4h | 0.1688 | +0.196% | $12.7M | $19.2M | 10x | as long as short |
| BloFin CASHCAT-USDT | +0.0798% | 4h | 0.1689 | +0.249% | $53K | $597K | 20x | as long as short |
| edgeX CASHCATUSDC | +0.1015% | 4h | 0.1682 | −0.138% | $51K | $168K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.1162% | 4h | 0.1687 | +0.131% | — | $1.1M | — | as long as short |
| Nado CASHCAT-PERP | +0.1568% | 1h | 0.1683 | −0.086% | $250K | $204K | 5x | as long as short |
| Arcus CASHCAT-USD | +0.3849% | 1h | 0.1682 | −0.156% | $104K | $313K | 5x | as long as short |
| Aster CASHCATUSDT | +0.4091% | 1h | 0.1684 | −0.031% | $547K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1703 | +1.080% | $8K | $18K | 5.5x | as long as short |
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
SunX CASHCAT-USDT
HTX CASHCAT-USDT
SoDEX CASHCAT-USD
Extended CASHCAT-USD
MEXC CASHCAT_USDT
OKX CASHCAT-USDT-SWAP
Bybit CASHCATUSDT
BloFin CASHCAT-USDT
edgeX CASHCATUSDC
BingX CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP