Funding arb · Price arb /

CASHCAT

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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: KuCoin against Gate+0.181%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$273as in the Funding arb table

Net, price: spread back to 7d avg − costs−$266as in the Price arb table

costs, in and out, $10k−$2772.769% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days−0.001%$0 · spread now +0.181%, 7d avg +0.075%

Together, before fees+0.032%+$3 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: KuCoin is 0.106% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CASHCAT_USDT	0.1598	0.0100	pay 0.0050% / 4h	23m 16s	$1.4M	$2.0M	20x
Short	KuCoin CASHCATUSDTM	0.1601	0.0100	get 0.0050% / 4h	23m 16s	$560K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.181%Rate

Funding earned: $0
Price spread: +0.181% → +0.075%: $10.62
Slippage, 4 orders: −$249.87
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$266.25
Costs to cover: 2.769%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 3 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, 4 min ago	9.11 bp	75.9 bp −$76	1243.5 bp −$12.4K	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	7.84 bp	65.2 bp −$65	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	0.1600	+0.106%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1601	+0.206%	$314K	$846K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1597	−0.038%	$216K	$202K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1601	+0.213%	$43.8M	$20.0M	3x	as long as short
Gate CASHCAT_USDTlong	+0.0100%	4h	0.1598	long leg	$1.4M	$2.0M	20x
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1601	+0.181%	$560K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1594	−0.228%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1598	−0.031%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1600	+0.118%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1601	+0.156%	$480	$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	0.1599	+0.070%	$18K	$332K	10x	as long as short
MEXC CASHCAT_USDT	+0.0230%	4h	0.1602	+0.257%	$8.0M	$523K	20x	as long as short
Bybit CASHCATUSDT	+0.0231%	4h	0.1603	+0.325%	$12.1M	$18.7M	10x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1601	+0.166%	$98K	$608K	5x	as long as short
BingX CASHCAT-USDT	+0.0770%	4h	0.1604	+0.369%	—	$1.0M	—	as long as short
Polymarket Perps CASHCAT-USD	+0.0803%	1h	0.1602	+0.232%	$64K	$1.3M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0830%	4h	0.1602	+0.244%	$1.4M	$11.0M	20x	as long as short
edgeX CASHCATUSDC	+0.1042%	4h	0.1597	−0.080%	$48K	$169K	5x	as long as short
BloFin CASHCAT-USDT	+0.1052%	4h	0.1602	+0.244%	$52K	$504K	20x	as long as short
Aster CASHCATUSDT	+0.1961%	1h	0.1598	−0.036%	$530K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1599	+0.049%	$96K	$263K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1618	+1.245%	$8K	$18K	5.5x	as long as short