CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1201%/8h= −131.5% APRnext payment −$6.01 per $10,000 · paid last 24h −0.118%

Price spread now: KuCoin against BloFin−0.012%65s7-day average −0.164% · you buy dearer than you sell

Net, funding: paid 7d − costs−$251as 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−$2022.021% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.485%−$49 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now −0.012%, 7d avg −0.164%

Together, before fees−0.681%−$68 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.152% dearer against BloFin than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.164%): +$15 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.485% in total) that is about 2.2 days. The two prices were read 65 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 -0.485% in total (about -25.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.01 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	0.1611	0.1301	pay 0.0651% / 4h	3h 48m	$52K	$501K	20x
Short	KuCoin CASHCATUSDTM	0.1611	0.0100	get 0.0050% / 4h	3h 48m	$563K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$252.26
Price spread: −0.012% → −0.164%: $15.15
Slippage, 4 orders: −$178.13
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$439.24
Costs to cover: 2.021%
Break-even: never at this rate

Slippage from BloFin: live order book, 48 min ago; KuCoin: live order book, 4 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, 48 min ago	9.53 bp	25.2 bp −$25	67.3 bp −$673	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	5.91 bp	61.9 bp −$62	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
Lighter CASHCAT	+0.0096%	1h	0.1609	−0.106%	$1.1M	$1.8M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1609	−0.106%	$12.0M	$18.8M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1610	−0.081%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1610	−0.087%	$8.0M	$518K	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1611	−0.012%	$563K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1609	−0.101%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1608	−0.211%	$73K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1611	+0.006%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1612	+0.056%	$484	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1602	−0.546%	$18K	$323K	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	+0.0186%	1h	0.1612	+0.050%	$44.1M	$19.9M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1610	−0.080%	$169K	$675K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0521%	1h	0.1612	+0.056%	$66K	$1.3M	3x	as long as short
Nado CASHCAT-PERP	+0.0684%	1h	0.1609	−0.124%	$217K	$188K	5x	as long as short
edgeX CASHCATUSDC	+0.0797%	4h	0.1604	−0.450%	$49K	$170K	5x	as long as short
BingX CASHCAT-USDT	+0.0972%	4h	0.1611	0.000%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.1008%	4h	0.1607	−0.248%	$1.5M	$11.1M	20x	as long as short
Lighter RH CASHCAT	+0.1016%	1h	0.1610	−0.087%	$305K	$874K	3x	as long as short
BloFin CASHCAT-USDTlong	+0.1301%	4h	0.1611	long leg	$52K	$501K	20x
Arcus CASHCAT-USD	+0.2486%	1h	0.1613	+0.099%	$97K	$264K	5x	as long as short
Aster CASHCATUSDT	+0.2896%	1h	0.1607	−0.242%	$537K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1631	+1.241%	$8K	$18K	5.5x	as long as short