Funding you earn now, next payment 09:00 UTC+0.3749%/8h= +410.5% APRnext payment +$4.69 per $10,000 · paid last 24h +0.229%
Price spread now: Arcus against Hyperliquid−0.064%52s7-day average +0.092% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.572%+$57 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now −0.064%, 7d avg +0.092%
=Together, before fees+0.268%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.156% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.092%). If the spread goes back, that is −$16 on $10k: about 3 hours of funding at the current rate (+$112 a day). At the pace of the last 4 days (+0.572% in total) that is about 25 hours. The two prices were read 52 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 4 days it paid 0.572% in total (about 55.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.69 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 | Hyperliquid CASHCAT | 0.1690 | 0.0100 | pay 0.0013% / 1h | 39m 53s | $46.5M | $20.6M | 3x |
| Short | Arcus CASHCAT-USD | 0.1689 | 0.3849 | get 0.0481% / 1h | 39m 53s | $104K | $313K | 5x |
Hyperliquid CASHCAT
Arcus CASHCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $787.32
- Price spread: −0.064% → +0.092%
- −$15.58
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $758.23
- Costs to cover
- 0.135%
- Break-even
- 0.3 days
Slippage unknown: Hyperliquid: live order book, 3 min ago; Arcus: live order book, 59 min ago. Net counts fees only.
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 Hyperliquid live order book, 3 min ago | 2.97 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 59 min ago | 35.16 bp | 41.6 bp −$42 | 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 | 0.1691 | +0.007% | $350K | $944K | 3x | as long as short |
| Hyperliquid CASHCATlong | +0.0100% | 1h | 0.1690 | long leg | $46.5M | $20.6M | 3x | |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1692 | +0.090% | $12.7M | $19.2M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1689 | −0.099% | $1.5M | $1.8M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1691 | +0.060% | $8.6M | $532K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1689 | −0.058% | $607K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1686 | −0.234% | $1.1M | $1.8M | — | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1685 | −0.336% | $66K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1689 | −0.077% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1690 | −0.023% | $23K | $253K | 10x | as long as short |
Lighter RH CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
HTX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CASHCAT-USD | +0.0114% | 1h | 0.1689 | −0.105% | $507 | $1K | 3x | as long as short |
| ApeX Omni CASHCATUSDT | +0.0144% | 1h | 0.1689 | −0.093% | $77K | $60K | 50x | as long as short |
| Lighter CASHCAT | +0.0448% | 1h | 0.1691 | +0.007% | $1.1M | $1.7M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1690 | −0.007% | $242K | $886K | 5x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0510% | 4h | 0.1692 | +0.096% | $1.4M | $12.9M | 20x | as long as short |
| BingX CASHCAT-USDT | +0.0522% | 4h | 0.1692 | +0.096% | — | $1.1M | — | as long as short |
| BloFin CASHCAT-USDT | +0.0770% | 4h | 0.1684 | −0.377% | $52K | $596K | 20x | as long as short |
| edgeX CASHCATUSDC | +0.1519% | 4h | 0.1687 | −0.228% | $51K | $169K | 5x | as long as short |
| Nado CASHCAT-PERP | +0.1524% | 1h | 0.1685 | −0.333% | $250K | $204K | 5x | as long as short |
| Arcus CASHCAT-USDshort | +0.3849% | 1h | 0.1689 | −0.064% | $104K | $313K | 5x | |
| Aster CASHCATUSDT | +0.4195% | 1h | 0.1688 | −0.141% | $548K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1703 | +0.747% | $8K | $18K | 5.5x | as long as short |
SoDEX CASHCAT-USD
ApeX Omni CASHCATUSDT
Lighter CASHCAT
Extended CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BingX CASHCAT-USDT
BloFin CASHCAT-USDT
edgeX CASHCATUSDC
Nado CASHCAT-PERP
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP