Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit0.000%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1391.388% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days−0.001%$0 · spread now 0.000%, 7d avg −0.024%

Together, before fees−0.004%$0 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: MEXC is 0.024% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CASHCATUSDT	0.1573	0.0100	pay 0.0050% / 4h	2h 50m	$11.7M	$19.0M	10x
Short	MEXC CASHCAT_USDT	0.1573	0.0100	get 0.0050% / 4h	2h 50m	$7.8M	$511K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.024%: $2.43
Slippage, 4 orders: −$107.76
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 10 bp × 2 orders: −$20
Net: −$136.33
Costs to cover: 1.388%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 2 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	0.96 bp	32.5 bp −$33	122.5 bp −$1,225	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.49 bp	42.7 bp −$43	331.0 bp −$3,310	1129.2 bp −$112.9K	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	−0.0816%	1h	0.1568	−0.311%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1571	−0.146%	$319K	$919K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1570	−0.172%	$42.9M	$20.0M	3x	as long as short
Bybit CASHCATUSDTlong	+0.0100%	4h	0.1573	long leg	$11.7M	$19.0M	10x
Gate CASHCAT_USDT	+0.0100%	4h	0.1570	−0.203%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDTshort	+0.0100%	4h	0.1573	0.000%	$7.8M	$511K	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1571	−0.159%	$553K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1574	+0.075%	$1.0M	$1.7M	—	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1570	−0.188%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1570	−0.172%	$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	−0.321%	$18K	$310K	10x	as long as short
edgeX CASHCATUSDC	+0.0274%	4h	0.1569	−0.264%	$48K	$169K	5x	as long as short
ApeX Omni CASHCATUSDT	+0.0291%	1h	0.1569	−0.286%	$71K	$64K	50x	as long as short
Nado CASHCAT-PERP	+0.0324%	1h	0.1569	−0.257%	$212K	$182K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1569	−0.271%	$96K	$743K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0716%	1h	0.1571	−0.127%	$67K	$1.3M	3x	as long as short
Aster CASHCATUSDT	+0.0880%	1h	0.1573	0.000%	$525K	$1.1M	10x	as long as short
BingX CASHCAT-USDT	+0.0924%	4h	0.1572	−0.076%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0995%	4h	0.1572	−0.076%	$1.4M	$11.2M	20x	as long as short
BloFin CASHCAT-USDT	+0.1281%	4h	0.1572	−0.076%	$52K	$521K	20x	as long as short
Arcus CASHCAT-USD	+0.2390%	1h	0.1576	+0.178%	$95K	$268K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1596	+1.449%	$8K	$18K	5.5x	as long as short