Settings8H · net · $10k
Funding arb · Price arb /

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.3750%/8h= −410.6% APRnext payment $4.69 per $10,000 · paid last 24h −0.179%
Price spread now: Hyperliquid against Aster−0.016%7-day average +0.126% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.582%−$58 on $10k
Price spread, last 7 days+0.026%+$3 · spread now −0.016%, 7d avg +0.126%
Together, before fees−0.557%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$112 a day on $10k at the current rate, and Hyperliquid is 0.142% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.126%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.582% in total (about -38.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CASHCATUSDT0.16160.3850pay 0.0481% / 1h33m 03s$540K$1.1M10x
ShortHyperliquid CASHCAT0.16160.0100get 0.0013% / 1h33m 03s$44.2M$19.9M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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

Funding earned
−$787.48
Price spread: −0.016% → +0.126%
−$14.17
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$818.65
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 5 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago8.98 bp22.9 bp −$23220.3 bp −$2,203doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago5.89 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CASHCAT+0.0096%1h0.1614−0.109%$1.1M$1.9M3xas long as short
Hyperliquid CASHCATshort+0.0100%1h0.1616−0.016%$44.2M$19.9M3x
Bybit CASHCATUSDT+0.0100%4h0.1614−0.102%$12.0M$18.8M10xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1614−0.109%$1.4M$2.0M20xas long as short
MEXC CASHCAT_USDT+0.0100%4h0.1617+0.046%$8.0M$520K20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1614−0.127%$564K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1617+0.075%$1.0M$1.7Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1615−0.096%$73K$64K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1615−0.063%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1615−0.096%$484$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1626+0.596%$18K$320K10xas long as short
edgeX CASHCATUSDC+0.0280%4h0.1618+0.126%$49K$170K5xas long as short
Extended CASHCAT-USD+0.0480%1h0.1615−0.039%$170K$674K5xas long as short
Lighter RH CASHCAT+0.0528%1h0.1617+0.040%$320K$889K3xas long as short
Nado CASHCAT-PERP+0.0597%1h0.1613−0.158%$218K$180K5xas long as short
Polymarket Perps CASHCAT-USD+0.0722%1h0.1617+0.034%$66K$1.3M3xas long as short
BingX CASHCAT-USDT+0.0930%4h0.1615−0.065%$1.0Mas long as short
OKX CASHCAT-USDT-SWAP+0.0975%4h0.1615−0.065%$1.5M$11.2M20xas long as short
BloFin CASHCAT-USDT+0.1281%4h0.1614−0.127%$52K$516K20xas long as short
Arcus CASHCAT-USD+0.2486%1h0.1615−0.049%$97K$265K5xas long as short
Aster CASHCATUSDTlong+0.3850%1h0.1616long leg$540K$1.1M10x
Injective CASHCAT/USDC PERP+0.5000%1h0.1633+1.049%$8K$18K5.5xas long as short