Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate+0.338%7-day average +0.178% · you sell dearer than you buy

Net, funding: paid 7d − costs−$238as in the Funding arb table

Net, price: spread back to 7d avg − costs−$229as in the Price arb table

costs, in and out, $10k−$2452.454% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.073%+$7 on $10k

Price spread, last 7 days−0.194%−$19 · spread now +0.338%, 7d avg +0.178%

Together, before fees−0.121%−$12 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: Bybit is 0.160% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.178%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CASHCAT_USDT	0.1596	0.0100	pay 0.0050% / 4h	2m 59s	$1.4M	$2.0M	20x
Short	Bybit CASHCATUSDT	0.1602	0.0100	get 0.0050% / 4h	2m 59s	$12.1M	$18.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.338%Rate

Funding earned: $0
Price spread: +0.338% → +0.178%: $15.98
Slippage, 4 orders: −$219.43
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$229.45
Costs to cover: 2.454%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 1 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 Gate live order book, 5 min ago	8.13 bp	77.9 bp −$78	1236.2 bp −$12.4K	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.19 bp	43.0 bp −$43	110.9 bp −$1,109	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	0.1595	−0.075%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1600	+0.238%	$315K	$851K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1600	+0.244%	$43.8M	$19.9M	3x	as long as short
Bybit CASHCATUSDTshort	+0.0100%	4h	0.1602	+0.338%	$12.1M	$18.7M	10x
Gate CASHCAT_USDTlong	+0.0100%	4h	0.1596	long leg	$1.4M	$2.0M	20x
MEXC CASHCAT_USDT	+0.0100%	4h	0.1601	+0.269%	$8.0M	$525K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1598	+0.132%	$556K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1602	+0.371%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1598	+0.081%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1600	+0.209%	—	$2.4M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CASHCAT-USD	+0.0100%	1h	0.1599	+0.144%	$480	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1599	+0.192%	$18K	$326K	10x	as long as short
Nado CASHCAT-PERP	+0.0225%	1h	0.1596	+0.006%	$216K	$186K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1600	+0.233%	$98K	$602K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0865%	1h	0.1600	+0.219%	$63K	$1.3M	3x	as long as short
BingX CASHCAT-USDT	+0.0874%	4h	0.1602	+0.351%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0956%	4h	0.1601	+0.288%	$1.5M	$11.0M	20x	as long as short
edgeX CASHCATUSDC	+0.1020%	4h	0.1602	+0.339%	$48K	$170K	5x	as long as short
BloFin CASHCAT-USDT	+0.1230%	4h	0.1603	+0.413%	$52K	$501K	20x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1599	+0.163%	$96K	$261K	5x	as long as short
Aster CASHCATUSDT	+0.2304%	1h	0.1600	+0.200%	$533K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1619	+1.416%	$8K	$18K	5.5x	as long as short