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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.2204%/8h= −241.3% APRnext payment $2.75 per $10,000 · paid last 24h −0.078%
Price spread now: Nado against Aster−0.240%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1601.597% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.141%−$14 on $10k
Price spread, last 4 days (all we have)+1.728%+$173 · spread now −0.240%, 7d avg −0.017%
Together, before fees+1.587%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$159 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$66 a day on $10k at the current rate, and Nado is 0.223% cheaper against Aster than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.141% in total (about -14.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.75 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 CASHCATUSDT0.16690.3931pay 0.0491% / 1h55m 46s$542K$1.1M10x
ShortNado CASHCAT-PERP0.16650.1727get 0.0216% / 1h55m 46s$246K$207K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$462.78
Price spread: −0.240% → −0.017%
−$22.34
Slippage, 4 orders
−$151.67
Fee Aster: 4 bp × 2 orders
−$8
Fee Nado: 0 bp × 2 orders
$0
Net
−$644.79
Costs to cover
1.597%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Nado: live order book, 42 min ago.

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, 2 min ago9.86 bp24.4 bp −$24242.4 bp −$2,424doesn't fitdoesn't fit
Sell Nado live order book, 42 min ago15.97 bp55.3 bp −$55doesn'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%1h0.1666−0.228%$1.1M$1.7M3xas long as short
Lighter RH CASHCAT+0.0096%1h0.1667−0.138%$357K$931K3xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1669−0.012%$46.0M$20.6M3xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1663−0.384%$1.5M$1.8M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1664−0.324%$598K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1668−0.068%$1.1M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1667−0.132%$76K$60K50xas long as short
Polymarket Perps CASHCAT-USD+0.0100%1h0.1664−0.318%$65K$1.4M3xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1668−0.057%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1667−0.162%$500$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1671+0.118%$22K$257K10xas long as short
edgeX CASHCATUSDC+0.0386%4h0.1671+0.105%$51K$167K5xas long as short
Extended CASHCAT-USD+0.0480%1h0.1663−0.371%$239K$884K5xas long as short
OKX CASHCAT-USDT-SWAP+0.0580%4h0.1668−0.078%$1.4M$12.8M20xas long as short
BloFin CASHCAT-USDT+0.0830%4h0.1671+0.101%$53K$582K20xas long as short
Bybit CASHCATUSDT+0.1011%4h0.16690.000%$12.5M$19.2M10xas long as short
BingX CASHCAT-USDT+0.1488%4h0.1668−0.078%$1.1Mas long as short
MEXC CASHCAT_USDT+0.1648%4h0.1666−0.192%$8.4M$523K20xas long as short
Nado CASHCAT-PERPshort+0.1727%1h0.1665−0.240%$246K$207K5x
Arcus CASHCAT-USD+0.3849%1h0.1671+0.080%$103K$314K5xas long as short
Aster CASHCATUSDTlong+0.3931%1h0.1669long leg$542K$1.1M10x
Injective CASHCAT/USDC PERP+0.5000%1h0.1689+1.180%$8K$18K5.5xas long as short