CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0948%/8h= −103.8% APRnext payment −$4.74 per $10,000 · paid last 24h −0.040%

Price spread now: KuCoin against edgeX−2.533%68s7-day average −0.318% · you buy dearer than you sell

Net, funding: paid 7d − costs−$444as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4074.069% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.373%−$37 on $10k

Price spread, last 4 days (all we have)+1.662%+$166 · spread now −2.533%, 7d avg −0.318%

Together, before fees+1.289%+ Points / potential airdropedgeX: Active · farm board+$129 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and KuCoin is 2.215% cheaper against edgeX than usual: you would sell low and buy high (−$222 if the spread goes back to its 7-day average of −0.318%). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.373% in total (about -19.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.74 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	edgeX CASHCATUSDC	0.1626	0.1048	pay 0.0524% / 4h	1h 06m	$49K	$170K	5x
Short	KuCoin CASHCATUSDTM	0.1585	0.0100	get 0.0050% / 4h	1h 06m	$540K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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 edgeXbpFee KuCoinbpOrdersPrice spread, now −2.533%Rate

Funding earned: −$199.08
Price spread: −2.533% → −0.318%: −$221.54
Slippage, 4 orders: −$385.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$827.54
Costs to cover: 4.069%
Break-even: never at this rate

Slippage from edgeX: live order book, 55 min ago; KuCoin: live order book, 10 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 edgeX live order book, 55 min ago	3.94 bp	142.0 bp −$142	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	7.59 bp	71.7 bp −$72	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 RH CASHCAT	+0.0096%	1h	0.1564	−3.788%	$306K	$837K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1580	−2.791%	$43.3M	$19.8M	3x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1557	−4.259%	$108K	$236K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1562	−3.923%	$1.3M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1585	−2.533%	$540K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1651	+1.556%	$1.2M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1614	−0.731%	$73K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1575	−3.110%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1572	−3.333%	$471	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1569	−3.516%	$17K	$341K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado CASHCAT-PERP	+0.0106%	1h	0.1580	−2.794%	$218K	$200K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0217%	1h	0.1577	−3.031%	$64K	$1.2M	3x	as long as short
Bybit CASHCATUSDT	+0.0282%	4h	0.1583	−2.631%	$12.1M	$18.3M	10x	as long as short
MEXC CASHCAT_USDT	+0.0296%	4h	0.1585	−2.527%	$7.9M	$522K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1565	−3.746%	$147K	$561K	5x	as long as short
BingX CASHCAT-USDT	+0.0542%	4h	0.1584	−2.570%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0595%	4h	0.1584	−2.570%	$1.3M	$10.5M	20x	as long as short
Lighter CASHCAT	+0.0648%	1h	0.1562	−3.923%	$1.1M	$1.7M	3x	as long as short
BloFin CASHCAT-USDT	+0.0811%	4h	0.1580	−2.816%	$49K	$463K	20x	as long as short
edgeX CASHCATUSDClong	+0.1048%	4h	0.1626	long leg	$49K	$170K	5x
Aster CASHCATUSDT	+0.1689%	1h	0.1572	−3.331%	$525K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1618	−0.479%	$8K	$18K	5.5x	as long as short