Funding you earn now, next payment 00:00 UTC+0.1561%/8h= +170.9% APRpaid last 24h +0.186%
Price spread now: Arcus against Bybit−0.324%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2342.335% of the position
Funding, last 3 days (all we have)+0.325%+$32 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.324%, 7d avg +0.052%
=Funding pays, the price is against you. Arcus is 0.375% cheaper against Bybit than usual: you would sell low and buy high (spread −0.324% now, against its 7-day average of +0.052%). If the spread goes back, that is −$38 on $10k: about 19 hours of funding at the current rate (+$47 a day). At the pace of the last 3 days (+0.325% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.325% in total (about 35.1% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CASHCATUSDT | 0.1764 | 0.0225 | pay 0.0112% / 4h | 51m 01s | $13.2M | $18.1M | 10x |
| Short | Arcus CASHCAT-USD | 0.1758 | 0.1786 | get 0.0223% / 1h | 51m 01s | $121K | $214K | 5x |
Bybit CASHCATUSDT
Arcus CASHCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $327.78
- Price spread: −0.324% → +0.052%
- −$37.53
- Slippage, 4 orders
- −$218.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $56.69
- Costs to cover
- 2.335%
- Break-even
- 5.8 days
Slippage from Bybit: live order book, 2 min ago; Arcus: live order book, 27 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 Bybit live order book, 2 min ago | 2.84 bp | 30.1 bp −$30 | 91.2 bp −$912 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 27 min ago | 21.38 bp | 40.8 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1762 | −0.130% | $49.7M | $18.4M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1761 | −0.170% | $1.1M | $10.7M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1760 | −0.210% | $1.5M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1761 | −0.198% | $595K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1756 | −0.444% | $1.5M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1759 | −0.266% | $79K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1761 | −0.165% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1761 | −0.198% | $528 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1760 | −0.238% | $19K | $395K | 10x | as long as short |
| Nado CASHCAT-PERP | +0.0217% | 1h | 0.1760 | −0.227% | $248K | $155K | 5x | as long as short |
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Nado CASHCAT-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CASHCATUSDTlong | +0.0225% | 4h | 0.1764 | long leg | $13.2M | $18.1M | 10x | |
| BingX CASHCAT-USDT | +0.0232% | 4h | 0.1762 | −0.113% | — | $1.0M | — | as long as short |
| edgeX CASHCATUSDC | +0.0238% | 4h | 0.1760 | −0.199% | $53K | $171K | 5x | as long as short |
| MEXC CASHCAT_USDT | +0.0238% | 4h | 0.1763 | −0.057% | $8.7M | $460K | 20x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0297% | 1h | 0.1763 | −0.079% | $66K | $1.2M | 3x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1761 | −0.170% | $5K | $496K | 20x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1762 | −0.137% | $96K | $464K | 5x | as long as short |
| Lighter RH CASHCAT | +0.1160% | 1h | 0.1763 | −0.045% | $339K | $815K | 3x | as long as short |
| Lighter CASHCAT | +0.1296% | 1h | 0.1764 | −0.017% | $1.3M | $1.9M | 3x | as long as short |
| Arcus CASHCAT-USDshort | +0.1786% | 1h | 0.1758 | −0.324% | $121K | $214K | 5x | |
| Aster CASHCATUSDT | +0.3203% | 1h | 0.1762 | −0.101% | $579K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1838 | +4.195% | $12K | $9K | 5.5x | as long as short |
BingX CASHCAT-USDT
edgeX CASHCATUSDC
MEXC CASHCAT_USDT
Polymarket Perps CASHCAT-USD
BloFin CASHCAT-USDT
Extended CASHCAT-USD
Lighter RH CASHCAT
Lighter CASHCAT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP