CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0895%/8h= +98.0% APRnext payment +$4.47 per $10,000 · paid last 24h +0.044%

Price spread now: OKX against Bybit−0.095%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1321.318% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days+0.061%+$6 · spread now −0.095%, 7d avg −0.068%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of −0.068%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.029% in total) that is about 6.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.47 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	0.1575	0.0100	pay 0.0050% / 4h	2h 51m	$11.7M	$19.0M	10x
Short	OKX CASHCAT-USDT-SWAP	0.1574	0.0995	get 0.0497% / 4h	2h 51m	$1.4M	$11.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.095%Rate

Funding earned: $187.86
Price spread: −0.095% → −0.068%: −$2.72
Slippage, 4 orders: −$110.82
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: $53.32
Costs to cover: 1.318%
Break-even: 5.0 days

Slippage from Bybit: live order book, 2 min ago; OKX: 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, 2 min ago	0.96 bp	32.5 bp −$33	122.5 bp −$1,225	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	6.36 bp	32.3 bp −$32	97.5 bp −$975	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	−0.0816%	1h	0.1570	−0.362%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1572	−0.248%	$319K	$919K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1571	−0.286%	$42.9M	$20.0M	3x	as long as short
Bybit CASHCATUSDTlong	+0.0100%	4h	0.1575	long leg	$11.7M	$19.0M	10x
Gate CASHCAT_USDT	+0.0100%	4h	0.1570	−0.343%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1574	−0.102%	$7.8M	$511K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1571	−0.305%	$553K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1574	−0.071%	$1.0M	$1.7M	—	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1570	−0.334%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1570	−0.317%	$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	−0.467%	$18K	$310K	10x	as long as short
edgeX CASHCATUSDC	+0.0274%	4h	0.1569	−0.410%	$48K	$169K	5x	as long as short
ApeX Omni CASHCATUSDT	+0.0291%	1h	0.1569	−0.432%	$71K	$64K	50x	as long as short
Nado CASHCAT-PERP	+0.0324%	1h	0.1569	−0.403%	$212K	$182K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1571	−0.290%	$96K	$743K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0716%	1h	0.1571	−0.273%	$67K	$1.3M	3x	as long as short
Aster CASHCATUSDT	+0.0880%	1h	0.1573	−0.146%	$525K	$1.1M	10x	as long as short
BingX CASHCAT-USDT	+0.0924%	4h	0.1575	−0.032%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAPshort	+0.0995%	4h	0.1574	−0.095%	$1.4M	$11.2M	20x
BloFin CASHCAT-USDT	+0.1281%	4h	0.1572	−0.222%	$52K	$521K	20x	as long as short
Arcus CASHCAT-USD	+0.2390%	1h	0.1575	−0.030%	$95K	$268K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1596	+1.301%	$8K	$18K	5.5x	as long as short