CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0314%/8h= +34.4% APRnext payment +$1.57 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against Bybit−0.051%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1561.558% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.078%+$8 on $10k

Price spread, last 7 days−0.013%−$1 · spread now −0.051%, 7d avg −0.084%

Together, before fees+0.065%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.034% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.084%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.57 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	Bybit CASHCATUSDT	0.1578	0.0380	pay 0.0190% / 4h	45m 40s	$11.9M	$18.7M	10x
Short	BingX CASHCAT-USDT	0.1577	0.0694	get 0.0347% / 4h	45m 40s	—	$1.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.051%Rate

Funding earned: $65.95
Price spread: −0.051% → −0.084%: $3.37
Slippage, 4 orders: −$134.75
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$86.43
Costs to cover: 1.558%
Break-even: 16.2 days

Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 9 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, 3 min ago	3.17 bp	45.3 bp −$45	138.2 bp −$1,382	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	12.54 bp	35.6 bp −$36	87.5 bp −$875	610.7 bp −$61.1K	1223.4 bp −$611.7K

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	−0.0032%	1h	0.1571	−0.425%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1574	−0.266%	$304K	$837K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1568	−0.621%	$212K	$203K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1570	−0.463%	$42.9M	$20.0M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1573	−0.317%	$1.3M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1577	−0.076%	$548K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1575	−0.177%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1570	−0.507%	$71K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1571	−0.429%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1571	−0.444%	$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	0.1561	−1.036%	$17K	$338K	10x	as long as short
MEXC CASHCAT_USDT	+0.0378%	4h	0.1577	−0.082%	$7.8M	$516K	20x	as long as short
Bybit CASHCATUSDTlong	+0.0380%	4h	0.1578	long leg	$11.9M	$18.7M	10x
edgeX CASHCATUSDC	+0.0421%	4h	0.1563	−0.937%	$47K	$170K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0436%	1h	0.1572	−0.387%	$64K	$1.3M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1571	−0.408%	$96K	$614K	5x	as long as short
BingX CASHCAT-USDTshort	+0.0694%	4h	0.1577	−0.051%	—	$1.0M	—
OKX CASHCAT-USDT-SWAP	+0.0749%	4h	0.1577	−0.051%	$1.4M	$10.7M	20x	as long as short
BloFin CASHCAT-USDT	+0.0978%	4h	0.1559	−1.192%	$52K	$480K	20x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1574	−0.231%	$95K	$252K	5x	as long as short
Aster CASHCATUSDT	+0.2802%	1h	0.1568	−0.608%	$519K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1617	+2.484%	$8K	$18K	5.5x	as long as short