Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Bybit−0.351%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$589as in the Funding arb table

Net, price: spread back to 7d avg − costs−$617as in the Price arb table

costs, in and out, $10k−$5815.811% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 4 days (all we have)+0.523%+$52 · spread now −0.351%, 7d avg +0.005%

Together, before fees+0.444%+$44 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.355% cheaper against Bybit than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CASHCATUSDT	0.1612	0.0100	pay 0.0050% / 4h	3h 48m	$12.1M	$18.8M	10x
Short	HTX CASHCAT-USDT	0.1606	0.0100	get 0.0013% / 1h	48m 36s	$18K	$323K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.351%Rate

Funding earned: $0
Price spread: −0.351% → +0.005%: −$35.51
Slippage, 4 orders: −$558.1
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$616.6
Costs to cover: 5.811%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; HTX: 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 Bybit live order book, 5 min ago	4.04 bp	24.2 bp −$24	80.9 bp −$809	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	54.73 bp	220.0 bp −$220	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
Lighter CASHCAT	+0.0096%	1h	0.1605	−0.422%	$1.1M	$1.8M	3x	as long as short
Bybit CASHCATUSDTlong	+0.0100%	4h	0.1612	long leg	$12.1M	$18.8M	10x
Gate CASHCAT_USDT	+0.0100%	4h	0.1606	−0.354%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1607	−0.279%	$8.0M	$518K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1607	−0.279%	$575K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1609	−0.157%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1608	−0.267%	$73K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1608	−0.267%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1604	−0.471%	$481	$1K	3x	as long as short
HTX CASHCAT-USDTshort	+0.0100%	1h	0.1606	−0.351%	$18K	$323K	10x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid CASHCAT	+0.0202%	1h	0.1613	+0.037%	$44.1M	$19.9M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1608	−0.260%	$169K	$675K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0521%	1h	0.1612	0.000%	$66K	$1.3M	3x	as long as short
Nado CASHCAT-PERP	+0.0684%	1h	0.1609	−0.180%	$217K	$188K	5x	as long as short
edgeX CASHCATUSDC	+0.0797%	4h	0.1604	−0.505%	$49K	$170K	5x	as long as short
Lighter RH CASHCAT	+0.0960%	1h	0.1606	−0.341%	$304K	$873K	3x	as long as short
BingX CASHCAT-USDT	+0.0972%	4h	0.1610	−0.118%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.1008%	4h	0.1613	+0.068%	$1.5M	$11.2M	20x	as long as short
BloFin CASHCAT-USDT	+0.1301%	4h	0.1611	−0.056%	$52K	$501K	20x	as long as short
Arcus CASHCAT-USD	+0.2486%	1h	0.1613	+0.043%	$97K	$264K	5x	as long as short
Aster CASHCATUSDT	+0.2896%	1h	0.1607	−0.298%	$537K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1631	+1.185%	$8K	$18K	5.5x	as long as short