Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.085%

Price spread now: HTX against BloFin+1.022%59s7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$812as 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−$7667.664% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.457%−$46 on $10k

Price spread, last 3 days (all we have)−0.844%−$84 · spread now +1.022%, 7d avg −0.016%

Together, before fees−1.301%−$130 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 1.038% dearer against BloFin than usual: you sell high and buy low (spread +1.022% now, against its 7-day average of −0.016%): +$104 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 14 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CASHCAT-USDT	0.1752	0.0340	pay 0.0170% / 4h	46m 17s	$50K	$492K	20x
Short	HTX CASHCAT-USDT	0.1770	0.0100	get 0.0013% / 1h	46m 17s	$19K	$394K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +1.022%Rate

Funding earned: −$50.4
Price spread: +1.022% → −0.016%: $103.8
Slippage, 4 orders: −$742.36
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$712.96
Costs to cover: 7.664%
Break-even: never at this rate

Slippage from BloFin: live order book, 30 min ago; HTX: live order book, 32 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, 30 min ago	11.54 bp	27.5 bp −$27	51.9 bp −$519	doesn't fit	doesn't fit
Sell HTX live order book, 32 min ago	237.52 bp	350.4 bp −$350	doesn't fit	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
Hyperliquid CASHCAT	+0.0100%	1h	0.1762	+0.548%	$49.7M	$18.5M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1768	+0.913%	$1.1M	$10.7M	20x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1757	+0.303%	$1.5M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1763	+0.628%	$596K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1763	+0.621%	$1.5M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1760	+0.451%	$79K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1757	+0.293%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1767	+0.833%	$530	$1K	3x	as long as short
HTX CASHCAT-USDTshort	+0.0100%	1h	0.1770	+1.022%	$19K	$394K	10x
Bybit CASHCATUSDT	+0.0235%	4h	0.1769	+0.953%	$13.2M	$18.1M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC CASHCAT_USDT	+0.0244%	4h	0.1764	+0.702%	$8.8M	$464K	20x	as long as short
BingX CASHCAT-USDT	+0.0244%	4h	0.1766	+0.799%	—	$1.0M	—	as long as short
Nado CASHCAT-PERP	+0.0256%	1h	0.1758	+0.371%	$248K	$155K	5x	as long as short
edgeX CASHCATUSDC	+0.0278%	4h	0.1762	+0.543%	$53K	$172K	5x	as long as short
BloFin CASHCAT-USDTlong	+0.0340%	4h	0.1752	long leg	$50K	$492K	20x
Polymarket Perps CASHCAT-USD	+0.0342%	1h	0.1759	+0.411%	$66K	$1.2M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1764	+0.686%	$96K	$463K	5x	as long as short
Lighter RH CASHCAT	+0.0912%	1h	0.1763	+0.622%	$338K	$815K	3x	as long as short
Lighter CASHCAT	+0.1472%	1h	0.1763	+0.622%	$1.3M	$1.9M	3x	as long as short
Arcus CASHCAT-USD	+0.1786%	1h	0.1756	+0.247%	$121K	$215K	5x	as long as short
Aster CASHCATUSDT	+0.3062%	1h	0.1760	+0.480%	$578K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1845	+5.308%	$12K	$9K	5.5x	as long as short