CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0840%/8h= −92.0% APRnext payment −$4.20 per $10,000 · paid last 24h −0.042%

Price spread now: MEXC against BingX+0.056%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1181.180% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 7 days+0.003%$0 · spread now +0.056%, 7d avg +0.060%

Together, before fees−0.118%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: −$25 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 -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.20 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	0.1604	0.0940	pay 0.0470% / 4h	3h 52m	—	$1.0M	—
Short	MEXC CASHCAT_USDT	0.1605	0.0100	get 0.0050% / 4h	3h 52m	$8.0M	$517K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$176.4
Price spread: +0.056% → +0.060%: −$0.41
Slippage, 4 orders: −$87.95
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 10 bp × 2 orders: −$20
Net: −$294.76
Costs to cover: 1.180%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 5 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, 3 min ago	9.35 bp	34.2 bp −$34	81.1 bp −$811	471.5 bp −$47.1K	856.0 bp −$428.0K
Sell MEXC live order book, 5 min ago	2.81 bp	18.8 bp −$19	207.1 bp −$2,071	1226.1 bp −$122.6K	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	+0.0032%	1h	0.1602	−0.112%	$1.1M	$1.8M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1605	+0.075%	$12.0M	$18.8M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1605	+0.031%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDTshort	+0.0100%	4h	0.1605	+0.056%	$8.0M	$517K	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1606	+0.112%	$572K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1601	−0.176%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1601	−0.206%	$73K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1600	−0.271%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1603	−0.094%	$481	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1597	−0.424%	$18K	$324K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid CASHCAT	+0.0175%	1h	0.1605	+0.062%	$43.9M	$19.9M	3x	as long as short
Polymarket Perps CASHCAT-USD	+0.0359%	1h	0.1604	+0.025%	$65K	$1.3M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1604	+0.007%	$98K	$603K	5x	as long as short
Nado CASHCAT-PERP	+0.0610%	1h	0.1602	−0.131%	$216K	$188K	5x	as long as short
Lighter RH CASHCAT	+0.0688%	1h	0.1606	+0.137%	$301K	$865K	3x	as long as short
BingX CASHCAT-USDTlong	+0.0940%	4h	0.1604	long leg	—	$1.0M	—
OKX CASHCAT-USDT-SWAP	+0.1024%	4h	0.1605	+0.062%	$1.5M	$11.1M	20x	as long as short
BloFin CASHCAT-USDT	+0.1330%	4h	0.1602	−0.125%	$52K	$498K	20x	as long as short
edgeX CASHCATUSDC	+0.1332%	4h	0.1604	−0.005%	$48K	$169K	5x	as long as short
Aster CASHCATUSDT	+0.2325%	1h	0.1601	−0.187%	$535K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2486%	1h	0.1601	−0.161%	$96K	$262K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1615	+0.686%	$8K	$18K	5.5x	as long as short