Funding you earn now, next payment 04:00 UTC−0.1247%/8h= −136.6% APRnext payment −$6.24 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.280%7-day average −0.178% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2162.157% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.280%, 7d avg −0.178%
=Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Gate is 0.102% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.178%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.24 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 | 0.1676 | 0.1347 | pay 0.0674% / 4h | 2h 49m | $12.7M | $18.6M | 10x |
| Short | Gate CASHCAT_USDT | 0.1671 | 0.0100 | get 0.0050% / 4h | 2h 49m | $1.4M | $1.9M | 20x |
Bybit CASHCATUSDT
Gate CASHCAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$261.94
- Price spread: −0.280% → −0.178%
- −$10.21
- Slippage, 4 orders
- −$189.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$487.82
- Costs to cover
- 2.157%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 3.29 bp | 37.1 bp −$37 | 134.8 bp −$1,348 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 9.26 bp | 71.5 bp −$72 | 412.9 bp −$4,129 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1671 | −0.292% | $250K | $189K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1672 | −0.197% | $45.8M | $20.5M | 3x | as long as short |
| Gate CASHCAT_USDTshort | +0.0100% | 4h | 0.1671 | −0.280% | $1.4M | $1.9M | 20x | |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1672 | −0.227% | $591K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1680 | +0.262% | $1.4M | $1.5M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1680 | +0.257% | $76K | $67K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1672 | −0.197% | $68K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1671 | −0.249% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1672 | −0.239% | $501 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1684 | +0.489% | $18K | $371K | 10x | as long as short |
Nado CASHCAT-PERP
Hyperliquid CASHCAT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1672 | −0.229% | $117K | $479K | 5x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0400% | 4h | 0.1676 | +0.024% | $1.3M | $10.8M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.0642% | 4h | 0.1672 | −0.215% | $51K | $490K | 20x | as long as short |
| Lighter RH CASHCAT | +0.0800% | 1h | 0.1674 | −0.090% | $325K | $810K | 3x | as long as short |
| BingX CASHCAT-USDT | +0.1052% | 4h | 0.1675 | −0.036% | — | $1.0M | — | as long as short |
| Lighter CASHCAT | +0.1096% | 1h | 0.1675 | −0.018% | $1.2M | $1.7M | 3x | as long as short |
| MEXC CASHCAT_USDT | +0.1302% | 4h | 0.1676 | +0.042% | $8.4M | $493K | 20x | as long as short |
| Bybit CASHCATUSDTlong | +0.1347% | 4h | 0.1676 | long leg | $12.7M | $18.6M | 10x | |
| edgeX CASHCATUSDC | +0.1719% | 4h | 0.1670 | −0.362% | $50K | $171K | 5x | as long as short |
| Aster CASHCATUSDT | +0.2143% | 1h | 0.1674 | −0.113% | $554K | $1.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.2842% | 1h | 0.1671 | −0.248% | $116K | $224K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1693 | +1.038% | $8K | $12K | 5.5x | as long as short |
Extended CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Lighter RH CASHCAT
BingX CASHCAT-USDT
Lighter CASHCAT
MEXC CASHCAT_USDT
edgeX CASHCATUSDC
Aster CASHCATUSDT
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP