Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h +0.073%

Price spread now: ApeX Omni against Bybit−0.432%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.656%+$66 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.432% cheaper against Bybit than usual: you would sell low and buy high (spread −0.432% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$43 on $10k: about 7.5 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CASHCATUSDT	0.1575	0.0100	pay 0.0050% / 4h	2h 51m	$11.7M	$19.0M	10x
Short	ApeX Omni CASHCATUSDT	0.1569	0.0291	get 0.0036% / 1h	51m 02s	$71K	$64K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now −0.432%Rate

Funding earned: $40.17
Price spread: −0.432% → 0.000%: −$43.16
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$23.99
Costs to cover: 0.210%
Break-even: 11.2 days

Slippage unknown: Bybit: live order book, 2 min ago; ApeX Omni: no order-book sample. Net counts fees only.

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 Bybit live order book, 2 min ago	0.96 bp	32.5 bp −$33	122.5 bp −$1,225	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0816%	1h	0.1570	−0.362%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1572	−0.248%	$319K	$919K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1571	−0.286%	$42.9M	$20.0M	3x	as long as short
Bybit CASHCATUSDTlong	+0.0100%	4h	0.1575	long leg	$11.7M	$19.0M	10x
Gate CASHCAT_USDT	+0.0100%	4h	0.1570	−0.343%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1574	−0.102%	$7.8M	$511K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1571	−0.305%	$553K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1574	−0.071%	$1.0M	$1.7M	—	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1570	−0.334%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1570	−0.317%	$471	$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	0.1568	−0.467%	$18K	$310K	10x	as long as short
edgeX CASHCATUSDC	+0.0274%	4h	0.1569	−0.410%	$48K	$169K	5x	as long as short
ApeX Omni CASHCATUSDTshort	+0.0291%	1h	0.1569	−0.432%	$71K	$64K	50x
Nado CASHCAT-PERP	+0.0324%	1h	0.1569	−0.403%	$212K	$182K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1571	−0.290%	$96K	$743K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0716%	1h	0.1571	−0.273%	$67K	$1.3M	3x	as long as short
Aster CASHCATUSDT	+0.0880%	1h	0.1573	−0.146%	$525K	$1.1M	10x	as long as short
BingX CASHCAT-USDT	+0.0924%	4h	0.1575	−0.032%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0995%	4h	0.1574	−0.095%	$1.4M	$11.2M	20x	as long as short
BloFin CASHCAT-USDT	+0.1281%	4h	0.1572	−0.222%	$52K	$521K	20x	as long as short
Arcus CASHCAT-USD	+0.2390%	1h	0.1575	−0.030%	$95K	$268K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1596	+1.301%	$8K	$18K	5.5x	as long as short