Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h +0.008%

Price spread now: Polymarket Perps against BloFin+0.058%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$870.875% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.058%, 7d avg −0.018%

Together, before fees+0.054%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Polymarket Perps is 0.075% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CASHCAT-USDT	0.1735	0.0340	pay 0.0170% / 4h	1h 18m	$50K	$486K	20x
Short	Polymarket Perps CASHCAT-USD	0.1736	0.0519	get 0.0065% / 1h	18m 54s	$66K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.058%Rate

Funding earned: $37.67
Price spread: +0.058% → −0.018%: $7.52
Slippage, 4 orders: −$67.48
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$42.3
Costs to cover: 0.875%
Break-even: 14.9 days

Slippage from BloFin: live order book, 62 min ago; Polymarket Perps: 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, 62 min ago	5.76 bp	35.4 bp −$35	65.2 bp −$652	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	4.31 bp	10.7 bp −$11	17.3 bp −$173	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	0.1738	+0.167%	$1.2M	$1.9M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1736	+0.086%	$49.1M	$18.7M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1736	+0.058%	$1.1M	$10.8M	20x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1741	+0.344%	$119K	$213K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1736	+0.035%	$1.5M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1735	0.000%	$587K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1745	+0.601%	$1.5M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1739	+0.231%	$78K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1735	+0.019%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1736	+0.069%	$521	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1739	+0.215%	$18K	$403K	10x	as long as short
Bybit CASHCATUSDT	+0.0133%	4h	0.1739	+0.202%	$13.0M	$18.5M	10x	as long as short
BingX CASHCAT-USDT	+0.0136%	4h	0.1736	+0.058%	—	$1.0M	—	as long as short
MEXC CASHCAT_USDT	+0.0146%	4h	0.1738	+0.179%	$8.6M	$468K	20x	as long as short
BloFin CASHCAT-USDTlong	+0.0340%	4h	0.1735	long leg	$50K	$486K	20x
Lighter RH CASHCAT	+0.0368%	1h	0.1738	+0.179%	$339K	$823K	3x	as long as short
Nado CASHCAT-PERP	+0.0428%	1h	0.1734	−0.058%	$245K	$157K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1736	+0.062%	$95K	$466K	5x	as long as short
Polymarket Perps CASHCAT-USDshort	+0.0519%	1h	0.1736	+0.058%	$66K	$1.2M	3x
edgeX CASHCATUSDC	+0.0583%	4h	0.1744	+0.532%	$52K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.2089%	1h	0.1738	+0.161%	$568K	$1.2M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1834	+5.706%	$12K	$9K	5.5x	as long as short