Funding you earn now, next payment 08:00 UTC−0.0708%/8h= −77.5% APRnext payment −$3.54 per $10,000 · paid last 24h −0.042%
Price spread now: Gate against BingX−0.024%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1931.927% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now −0.024%, 7d avg −0.097%
=The price spread pays, funding is against you. Gate is 0.073% dearer against BingX than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.097%): +$7 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.191% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.54 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 | 0.1660 | 0.0808 | pay 0.0404% / 4h | 46m 39s | — | $1.1M | — |
| Short | Gate CASHCAT_USDT | 0.1660 | 0.0100 | get 0.0050% / 4h | 46m 39s | $1.5M | $2.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$148.68
- Price spread: −0.024% → −0.097%
- $7.26
- Slippage, 4 orders
- −$167.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$334.09
- Costs to cover
- 1.927%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Gate: live order book, 1 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, 13 min ago | 12.06 bp | 35.5 bp −$36 | 79.7 bp −$797 | 452.5 bp −$45.3K | 903.6 bp −$451.8K |
| Sell Gate live order book, 1 min ago | 9.04 bp | 63.1 bp −$63 | 335.0 bp −$3,350 | 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 | −0.0216% | 1h | 0.1659 | −0.060% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1659 | −0.084% | $353K | $955K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1660 | +0.017% | $45.6M | $20.4M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1662 | +0.139% | $12.4M | $19.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1660 | +0.002% | $119K | $296K | 5x | as long as short |
| Gate CASHCAT_USDTshort | +0.0100% | 4h | 0.1660 | −0.024% | $1.5M | $2.0M | 20x | |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1661 | +0.090% | $8.3M | $527K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1660 | −0.018% | $584K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1653 | −0.399% | $1.1M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1653 | −0.410% | $75K | $60K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1662 | +0.096% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1660 | −0.015% | $22K | $282K | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0121% | 1h | 0.1662 | +0.096% | $498 | $1K | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0284% | 4h | 0.1654 | −0.377% | $50K | $168K | 5x | as long as short |
| Aster CASHCATUSDT | +0.0367% | 1h | 0.1660 | +0.016% | $555K | $1.1M | 10x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1661 | +0.044% | $209K | $853K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0699% | 1h | 0.1662 | +0.145% | $65K | $1.3M | 3x | as long as short |
| BingX CASHCAT-USDTlong | +0.0808% | 4h | 0.1660 | long leg | — | $1.1M | — | |
| OKX CASHCAT-USDT-SWAP | +0.0837% | 4h | 0.1661 | +0.060% | $1.4M | $12.6M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1095% | 4h | 0.1663 | +0.181% | $53K | $567K | 20x | as long as short |
| Nado CASHCAT-PERP | +0.1305% | 1h | 0.1659 | −0.087% | $245K | $216K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1684 | +1.446% | $8K | $18K | 5.5x | as long as short |
BingX CASHCAT-USDT
Gate CASHCAT_USDT
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
HTX CASHCAT-USDT
SoDEX CASHCAT-USD
edgeX CASHCATUSDC
Aster CASHCATUSDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Injective CASHCAT/USDC PERP