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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0350%/8h= −38.3% APRnext payment $1.75 per $10,000 · paid last 24h −0.076%
Price spread now: BingX against BloFin−0.303%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$920.922% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.328%−$33 on $10k
Price spread, last 4 days (all we have)+0.329%+$33 · spread now −0.303%, 7d avg −0.028%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and BingX is 0.275% cheaper against BloFin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CASHCAT-USDT0.16520.1302pay 0.0651% / 4h1h 30m$53K$567K20x
ShortBingX CASHCAT-USDT0.16470.0952get 0.0476% / 4h1h 30m$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$73.52
Price spread: −0.303% → −0.028%
−$27.49
Slippage, 4 orders
−$70.21
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$193.22
Costs to cover
0.922%
Break-even
never at this rate
Slippage from BloFin: live order book, 55 min ago; BingX: live order book, 4 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 BloFin live order book, 55 min ago6.31 bp16.4 bp −$1656.1 bp −$561doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago6.11 bp25.1 bp −$2572.6 bp −$726685.6 bp −$68.6K1186.0 bp −$593.0K

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 CASHCAT−0.0360%1h0.1645−0.430%$1.1M$1.8M3xas long as short
Lighter RH CASHCAT+0.0096%1h0.1648−0.224%$341K$959K3xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1650−0.139%$45.1M$20.3M3xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1647−0.297%$1.5M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1646−0.381%$578K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1650−0.126%$1.1M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1644−0.496%$75K$59K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1648−0.218%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1648−0.242%$494$1K3xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1647−0.324%$20K$291K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CASHCATUSDT+0.0277%4h0.1650−0.133%$12.3M$19.2M10xas long as short
MEXC CASHCAT_USDT+0.0294%4h0.1650−0.145%$8.2M$527K20xas long as short
Nado CASHCAT-PERP+0.0308%1h0.1645−0.406%$207K$194K5xas long as short
Extended CASHCAT-USD+0.0480%1h0.1649−0.166%$106K$756K5xas long as short
edgeX CASHCATUSDC+0.0529%4h0.1646−0.342%$50K$169K5xas long as short
Polymarket Perps CASHCAT-USD+0.0734%1h0.1650−0.151%$65K$1.3M3xas long as short
BingX CASHCAT-USDTshort+0.0952%4h0.1647−0.303%$1.1M
Arcus CASHCAT-USD+0.0990%1h0.1653+0.063%$117K$295K5xas long as short
OKX CASHCAT-USDT-SWAP+0.0999%4h0.1648−0.242%$1.5M$12.3M20xas long as short
BloFin CASHCAT-USDTlong+0.1302%4h0.1652long leg$53K$567K20x
Aster CASHCATUSDT+0.1539%1h0.1646−0.355%$552K$1.1M10xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1664+0.726%$8K$19K5.5xas long as short