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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.2686%/8h= +294.2% APRpaid last 24h +0.153%
Price spread now: Arcus against BingX+0.018%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2372.369% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.315%+$31 on $10k
Price spread, last 4 days (all we have)+0.268%+$27 · spread now +0.018%, 7d avg +0.082%
Together, before fees+0.583%+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.064% cheaper against BingX than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.082%). If the spread goes back, that is −$6 on $10k: about 2 hours of funding at the current rate (+$81 a day). At the pace of the last 3 days (+0.315% in total) that is about 17 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.315% in total (about 33.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CASHCAT-USDT0.16910.0698pay 0.0349% / 4h3h 11m$1.0M
ShortArcus CASHCAT-USD0.16910.3384get 0.0423% / 1h11m 35s$116K$220K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against BingX. 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
$564.13
Price spread: +0.018% → +0.082%
−$6.44
Slippage, 4 orders
−$222.43
Fee BingX: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$320.76
Costs to cover
2.369%
Break-even
3.0 days
Slippage from BingX: live order book, 3 min ago; Arcus: live order book, 62 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 BingX live order book, 3 min ago8.83 bp38.5 bp −$3892.8 bp −$928488.1 bp −$48.8K972.0 bp −$486.0K
Sell Arcus live order book, 62 min ago13.22 bp24.7 bp −$25doesn'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 RH CASHCAT+0.0096%1h0.1688−0.154%$328K$848K3xas long as short
Nado CASHCAT-PERP+0.0100%1h0.1686−0.266%$252K$191K5xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1686−0.325%$46.2M$20.7M3xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1686−0.308%$1.4M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1686−0.325%$597K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1699+0.463%$1.4M$1.5Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1697+0.378%$77K$67K50xas long as short
Polymarket Perps CASHCAT-USD+0.0100%1h0.1686−0.308%$68K$1.3M3xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1683−0.449%$2.6M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1684−0.432%$505$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1685−0.355%$18K$373K10xas long as short
Extended CASHCAT-USD+0.0104%1h0.1687−0.254%$118K$479K5xas long as short
OKX CASHCAT-USDT-SWAP+0.0351%4h0.1692+0.059%$1.3M$10.7M20xas long as short
BloFin CASHCAT-USDT+0.0578%4h0.16910.000%$50K$506K20xas long as short
BingX CASHCAT-USDTlong+0.0698%4h0.1691long leg$1.0M
MEXC CASHCAT_USDT+0.0868%4h0.1689−0.130%$8.4M$496K20xas long as short
Bybit CASHCATUSDT+0.0899%4h0.1690−0.047%$12.9M$18.6M10xas long as short
Lighter CASHCAT+0.0960%1h0.1689−0.136%$1.2M$1.9M3xas long as short
edgeX CASHCATUSDC+0.1624%4h0.1704+0.775%$51K$172K5xas long as short
Aster CASHCATUSDT+0.2188%1h0.1687−0.262%$558K$1.1M10xas long as short
Arcus CASHCAT-USDshort+0.3384%1h0.1691+0.018%$116K$220K5x
Injective CASHCAT/USDC PERP+0.5000%1h0.1722+1.833%$9K$12K5.5xas long as short