Funding you earn now, next payment 08:00 UTC−0.0635%/8h= −69.5% APRnext payment −$3.17 per $10,000 · paid last 24h −0.042%
Price spread now: Bybit against BingX+0.081%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1501.496% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.081%, 7d avg +0.083%
=The price spread sits at its 7-day average of +0.083%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.118% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.17 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 | BingX CASHCAT-USDT | 0.1596 | 0.0988 | pay 0.0494% / 4h | 2h 21m | — | $1.0M | — |
| Short | Bybit CASHCATUSDT | 0.1597 | 0.0353 | get 0.0177% / 4h | 2h 21m | $11.9M | $19.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$133.25
- Price spread: +0.081% → +0.083%
- −$0.17
- Slippage, 4 orders
- −$128.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$283
- Costs to cover
- 1.496%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 2 min ago.
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 BingX live order book, 4 min ago | 9.42 bp | 35.6 bp −$36 | 80.0 bp −$800 | 568.0 bp −$56.8K | 976.9 bp −$488.4K |
| Sell Bybit live order book, 2 min ago | 4.41 bp | 42.7 bp −$43 | 120.0 bp −$1,200 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCAT | −0.0688% | 1h | 0.1591 | −0.338% | $1.1M | $1.9M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1593 | −0.157% | $344K | $946K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1604 | +0.520% | $43.9M | $20.0M | 3x | as long as short |
| Aster CASHCATUSDT | +0.0100% | 1h | 0.1592 | −0.224% | $536K | $1.1M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1592 | −0.244% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1592 | −0.276% | $561K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1584 | −0.746% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1589 | −0.420% | $72K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1590 | −0.365% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1592 | −0.251% | $478 | $1K | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1595 | −0.032% | $19K | $304K | 10x | as long as short |
| Nado CASHCAT-PERP | +0.0103% | 1h | 0.1601 | +0.345% | $205K | $193K | 5x | as long as short |
| MEXC CASHCAT_USDT | +0.0348% | 4h | 0.1597 | +0.038% | $7.9M | $521K | 20x | as long as short |
| Bybit CASHCATUSDTshort | +0.0353% | 4h | 0.1597 | +0.081% | $11.9M | $19.0M | 10x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1593 | −0.168% | $99K | $747K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0621% | 1h | 0.1595 | −0.088% | $64K | $1.3M | 3x | as long as short |
| BingX CASHCAT-USDTlong | +0.0988% | 4h | 0.1596 | long leg | — | $1.0M | — | |
| OKX CASHCAT-USDT-SWAP | +0.1062% | 4h | 0.1597 | +0.063% | $1.4M | $11.6M | 20x | as long as short |
| edgeX CASHCATUSDC | +0.1326% | 4h | 0.1587 | −0.554% | $48K | $169K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.1367% | 4h | 0.1585 | −0.689% | $52K | $532K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2390% | 1h | 0.1591 | −0.298% | $98K | $275K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1601 | +0.313% | $8K | $18K | 5.5x | as long as short |
BingX CASHCAT-USDT
Bybit CASHCATUSDT
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Aster CASHCATUSDT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
MEXC CASHCAT_USDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Injective CASHCAT/USDC PERP