CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0889%/8h= −97.3% APRnext payment −$4.44 per $10,000 · paid last 24h −0.072%

Price spread now: MEXC against BloFin−0.119%79s7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as 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−$1151.153% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.392%−$39 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.119%, 7d avg −0.037%

Together, before fees−0.450%−$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and MEXC is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 79 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 -0.392% in total (about -20.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.44 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	0.1603	0.1075	pay 0.0537% / 4h	17m 55s	$52K	$501K	20x
Short	MEXC CASHCAT_USDT	0.1601	0.0186	get 0.0093% / 4h	17m 55s	$8.0M	$523K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.119%Rate

Funding earned: −$186.61
Price spread: −0.119% → −0.037%: −$8.18
Slippage, 4 orders: −$83.29
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 10 bp × 2 orders: −$20
Net: −$310.08
Costs to cover: 1.153%
Break-even: never at this rate

Slippage from BloFin: live order book, 18 min ago; MEXC: live order book, 5 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, 18 min ago	9.53 bp	25.2 bp −$25	67.3 bp −$673	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.81 bp	29.8 bp −$30	335.4 bp −$3,354	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	0.1597	−0.393%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1599	−0.237%	$313K	$846K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1602	−0.062%	$43.8M	$20.0M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1599	−0.274%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1598	−0.312%	$558K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1604	+0.038%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1598	−0.343%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1597	−0.377%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1597	−0.399%	$479	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1595	−0.487%	$18K	$330K	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	+0.0133%	1h	0.1594	−0.574%	$215K	$202K	5x	as long as short
Bybit CASHCATUSDT	+0.0175%	4h	0.1602	−0.056%	$12.1M	$18.7M	10x	as long as short
MEXC CASHCAT_USDTshort	+0.0186%	4h	0.1601	−0.119%	$8.0M	$523K	20x
Extended CASHCAT-USD	+0.0480%	1h	0.1602	−0.054%	$98K	$608K	5x	as long as short
BingX CASHCAT-USDT	+0.0788%	4h	0.1604	+0.062%	—	$1.0M	—	as long as short
Polymarket Perps CASHCAT-USD	+0.0811%	1h	0.1597	−0.368%	$64K	$1.3M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0843%	4h	0.1604	+0.062%	$1.4M	$11.0M	20x	as long as short
BloFin CASHCAT-USDTlong	+0.1075%	4h	0.1603	long leg	$52K	$501K	20x
edgeX CASHCATUSDC	+0.1175%	4h	0.1603	−0.026%	$48K	$169K	5x	as long as short
Aster CASHCATUSDT	+0.1987%	1h	0.1600	−0.201%	$531K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1597	−0.389%	$96K	$263K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1618	+0.936%	$8K	$18K	5.5x	as long as short