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: SunX against HTX−0.328%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$668as in the Funding arb table

Net, price: spread back to 7d avg − costs−$699as in the Price arb table

costs, in and out, $10k−$6716.705% of the position

Long on HTX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)+0.465%+$46 · spread now −0.328%, 7d avg −0.044%

Together, before fees+0.486%+$49 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: SunX is 0.284% cheaper against HTX than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CASHCAT-USDT	0.1669	0.0100	pay 0.0013% / 1h	38m 52s	$22K	$278K	10x
Short	SunX CASHCAT-USDT	0.1664	0.0100	get 0.0013% / 1h	38m 52s	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against HTX. 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 HTXbpFee SunXbpOrdersPrice spread, now −0.328%Rate

Funding earned: $0
Price spread: −0.328% → −0.044%: −$28.39
Slippage, 4 orders: −$650.52
Fee HTX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$698.9
Costs to cover: 6.705%
Break-even: never at this rate

Slippage from HTX: live order book, 63 min ago; SunX: live order book, 8 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 HTX live order book, 63 min ago	69.45 bp	287.1 bp −$287	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	83.78 bp	126.9 bp −$127	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	0.1662	−0.441%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1663	−0.363%	$356K	$958K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1662	−0.399%	$45.7M	$20.5M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1663	−0.393%	$12.4M	$19.2M	10x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1663	−0.348%	$119K	$296K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1661	−0.507%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1664	−0.327%	$8.3M	$528K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1663	−0.393%	$581K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1668	−0.065%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1664	−0.315%	$75K	$60K	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CASHCAT-USDTshort	+0.0100%	1h	0.1664	−0.328%	—	$2.4M	10x
HTX CASHCAT-USDTlong	+0.0100%	1h	0.1669	long leg	$22K	$278K	10x
SoDEX CASHCAT-USD	+0.0162%	1h	0.1664	−0.309%	$499	$1K	3x	as long as short
edgeX CASHCATUSDC	+0.0446%	4h	0.1669	−0.024%	$51K	$168K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1662	−0.409%	$209K	$854K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0780%	1h	0.1663	−0.333%	$65K	$1.3M	3x	as long as short
BingX CASHCAT-USDT	+0.0786%	4h	0.1661	−0.483%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0802%	4h	0.1661	−0.483%	$1.4M	$12.6M	20x	as long as short
Aster CASHCATUSDT	+0.1012%	1h	0.1664	−0.321%	$556K	$1.1M	10x	as long as short
BloFin CASHCAT-USDT	+0.1058%	4h	0.1659	−0.603%	$52K	$566K	20x	as long as short
Nado CASHCAT-PERP	+0.1435%	1h	0.1660	−0.543%	$246K	$216K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1685	+0.955%	$8K	$18K	5.5x	as long as short