CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1336%/8h= −146.3% APRnext payment −$6.68 per $10,000 · paid last 24h −0.118%

Price spread now: Gate against BloFin−0.320%63s7-day average −0.165% · you buy dearer than you sell

Net, funding: paid 7d − costs−$244as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1921.924% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.519%−$52 on $10k

Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.320%, 7d avg −0.165%

Together, before fees−0.305%−$31 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Gate is 0.155% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.165%). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.519% in total (about -27.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.68 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	BloFin CASHCAT-USDT	0.1596	0.1436	pay 0.0718% / 4h	2h 15m	$52K	$536K	20x
Short	Gate CASHCAT_USDT	0.1591	0.0100	get 0.0050% / 4h	2h 15m	$1.4M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now −0.320%Rate

Funding earned: −$280.62
Price spread: −0.320% → −0.165%: −$15.47
Slippage, 4 orders: −$165.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$488.51
Costs to cover: 1.924%
Break-even: never at this rate

Slippage from BloFin: live order book, 10 min ago; Gate: 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 BloFin live order book, 10 min ago	6.31 bp	16.4 bp −$16	56.1 bp −$561	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	9.72 bp	78.2 bp −$78	285.7 bp −$2,857	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	−0.0560%	1h	0.1592	−0.226%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1594	−0.100%	$347K	$952K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1591	−0.288%	$43.5M	$20.1M	3x	as long as short
Gate CASHCAT_USDTshort	+0.0100%	4h	0.1591	−0.320%	$1.4M	$2.0M	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1589	−0.439%	$560K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1601	+0.321%	$1.0M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1610	+0.883%	$73K	$59K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1589	−0.411%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1591	−0.301%	$477	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1612	+1.008%	$19K	$303K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado CASHCAT-PERP	+0.0102%	1h	0.1590	−0.367%	$204K	$193K	5x	as long as short
Aster CASHCATUSDT	+0.0293%	1h	0.1590	−0.351%	$534K	$1.1M	10x	as long as short
MEXC CASHCAT_USDT	+0.0360%	4h	0.1594	−0.125%	$7.9M	$522K	20x	as long as short
Bybit CASHCATUSDT	+0.0418%	4h	0.1594	−0.138%	$11.9M	$19.0M	10x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1591	−0.305%	$100K	$748K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0634%	1h	0.1593	−0.219%	$63K	$1.3M	3x	as long as short
BingX CASHCAT-USDT	+0.1048%	4h	0.1594	−0.125%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.1100%	4h	0.1595	−0.063%	$1.4M	$11.6M	20x	as long as short
edgeX CASHCATUSDC	+0.1183%	4h	0.1600	+0.248%	$49K	$169K	5x	as long as short
BloFin CASHCAT-USDTlong	+0.1436%	4h	0.1596	long leg	$52K	$536K	20x
Arcus CASHCAT-USD	+0.2390%	1h	0.1598	+0.136%	$99K	$275K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1621	+1.566%	$8K	$18K	5.5x	as long as short