Funding you earn now, next payment 00:00 UTC−0.2816%/8h= −308.3% APRnext payment −$3.52 per $10,000 · paid last 24h +0.026%
Price spread now: Polymarket Perps against Aster+0.045%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$900.900% of the position
Funding, last 5 days (all we have)−0.325%−$32 on $10k
+Price spread, last 3 days (all we have)+0.409%+$41 · spread now +0.045%, 7d avg +0.112%
=Together, before fees+0.084%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$84 a day on $10k at the current rate, and Polymarket Perps is 0.067% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.112%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.325% in total (about -22.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.52 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 | Aster CASHCATUSDT | 0.1761 | 0.3180 | pay 0.0398% / 1h | 52m 54s | $578K | $1.1M | 10x |
| Short | Polymarket Perps CASHCAT-USD | 0.1761 | 0.0365 | get 0.0046% / 1h | 52m 54s | $66K | $1.2M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Aster. 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
- −$591.31
- Price spread: +0.045% → +0.112%
- −$6.69
- Slippage, 4 orders
- −$73.98
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$687.99
- Costs to cover
- 0.900%
- Break-even
- never at this rate
Slippage from Aster: live order book, just now; Polymarket Perps: live order book, just now.
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 Aster live order book, just now | 8.52 bp | 26.4 bp −$26 | 179.4 bp −$1,794 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, just now | 4.54 bp | 17.8 bp −$18 | 19.7 bp −$197 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1761 | +0.034% | $49.7M | $18.4M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1762 | +0.080% | $1.1M | $10.7M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1760 | −0.040% | $1.5M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1762 | +0.057% | $596K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1756 | −0.252% | $1.5M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1753 | −0.454% | $79K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1761 | +0.003% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1761 | +0.011% | $528 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1760 | −0.045% | $19K | $396K | 10x | as long as short |
| BingX CASHCAT-USDT | +0.0222% | 4h | 0.1762 | +0.080% | — | $1.0M | — | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CASHCAT_USDT | +0.0232% | 4h | 0.1762 | +0.102% | $8.7M | $460K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0234% | 4h | 0.1763 | +0.125% | $13.2M | $18.2M | 10x | as long as short |
| edgeX CASHCATUSDC | +0.0238% | 4h | 0.1760 | −0.006% | $53K | $171K | 5x | as long as short |
| Nado CASHCAT-PERP | +0.0317% | 1h | 0.1758 | −0.122% | $248K | $155K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1759 | −0.091% | $5K | $495K | 20x | as long as short |
| Polymarket Perps CASHCAT-USDshort | +0.0365% | 1h | 0.1761 | +0.045% | $66K | $1.2M | 3x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1761 | +0.038% | $96K | $464K | 5x | as long as short |
| Lighter CASHCAT | +0.1184% | 1h | 0.1764 | +0.182% | $1.3M | $1.9M | 3x | as long as short |
| Lighter RH CASHCAT | +0.1256% | 1h | 0.1764 | +0.182% | $339K | $815K | 3x | as long as short |
| Arcus CASHCAT-USD | +0.1786% | 1h | 0.1758 | −0.152% | $121K | $214K | 5x | as long as short |
| Aster CASHCATUSDTlong | +0.3180% | 1h | 0.1761 | long leg | $578K | $1.1M | 10x | |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1838 | +4.396% | $12K | $9K | 5.5x | as long as short |
Aster CASHCATUSDT
Polymarket Perps CASHCAT-USD
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
BingX CASHCAT-USDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Extended CASHCAT-USD
Lighter CASHCAT
Lighter RH CASHCAT
Injective CASHCAT/USDC PERP