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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1277%/8h= −139.8% APRpaid last 24h −0.114%
Price spread now: Hyperliquid against BloFin+0.818%107s7-day average −0.068% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 4 days (all we have)−0.758%−$76 · spread now +0.818%, 7d avg −0.068%
Together, before fees−0.871%+ Points / potential airdropHyperliquid: Season 2 · farm board−$87 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.886% dearer against BloFin than usual: you sell high and buy low (spread +0.818% now, against its 7-day average of −0.068%): +$89 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.113% in total) that is about 55 days. The two prices were read 107 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 -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CASHCAT-USDT0.15930.1377pay 0.0688% / 4h2h 19m$52K$535K20x
ShortHyperliquid CASHCAT0.16060.0100get 0.0013% / 1h19m 33s$43.9M$20.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$268.12
Price spread: +0.818% → −0.068%
$88.6
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$200.52
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: BloFin: live order book, 6 min ago; Hyperliquid: live order book, 4 min ago. Net counts fees only.

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, 6 min ago6.31 bp16.4 bp −$1656.1 bp −$561doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago3.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0624%1h0.1605+0.734%$1.1M$1.9M3xas long as short
Lighter RH CASHCAT+0.0096%1h0.1608+0.910%$350K$949K3xas long as short
Nado CASHCAT-PERP+0.0100%1h0.1604+0.706%$206K$193K5xas long as short
Hyperliquid CASHCATshort+0.0100%1h0.1606+0.818%$43.9M$20.1M3x
Aster CASHCATUSDT+0.0100%1h0.1600+0.439%$538K$1.1M10xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1606+0.804%$1.4M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1612+1.180%$568K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1601+0.510%$1.0M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1589−0.232%$72K$64K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1604+0.673%$2.4M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CASHCAT-USD+0.0100%1h0.1604+0.716%$481$1K3xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1604+0.712%$19K$304K10xas long as short
MEXC CASHCAT_USDT+0.0344%4h0.1609+0.992%$8.0M$521K20xas long as short
Bybit CASHCATUSDT+0.0351%4h0.1609+0.998%$12.0M$19.0M10xas long as short
Extended CASHCAT-USD+0.0480%1h0.1608+0.913%$100K$747K5xas long as short
Polymarket Perps CASHCAT-USD+0.0634%1h0.1607+0.885%$64K$1.3M3xas long as short
BingX CASHCAT-USDT+0.0998%4h0.1611+1.130%$1.0Mas long as short
OKX CASHCAT-USDT-SWAP+0.1104%4h0.1609+1.004%$1.4M$11.7M20xas long as short
edgeX CASHCATUSDC+0.1183%4h0.1600+0.437%$49K$169K5xas long as short
BloFin CASHCAT-USDTlong+0.1377%4h0.1593long leg$52K$535K20x
Arcus CASHCAT-USD+0.2390%1h0.1604+0.687%$99K$275K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1606+0.816%$8K$18K5.5xas long as short