Funding you earn now, next payment 22:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.010%
Price spread now: Gate against Hyperliquid−0.140%7-day average −0.180% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1911.914% of the position
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now −0.140%, 7d avg −0.180%
=Together, before fees−0.509%+ Points / potential airdropHyperliquid: Season 2 · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.041% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.140% now, against its 7-day average of −0.180%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.4 days. At the pace of the last 7 days (−0.409% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CASHCAT | 0.1717 | 0.0100 | pay 0.0013% / 1h | 40m 15s | $48.7M | $18.9M | 3x |
| Short | Gate CASHCAT_USDT | 0.1715 | 0.0084 | get 0.0042% / 4h | 2h 40m | $1.5M | $2.0M | 20x |
Hyperliquid CASHCAT
Gate CASHCAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$3.36
- Price spread: −0.140% → −0.180%
- $4.05
- Slippage, 4 orders
- −$167.38
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$190.69
- Costs to cover
- 1.914%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Gate: live order book, 2 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 Hyperliquid live order book, 3 min ago | 4.89 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 8.45 bp | 81.2 bp −$81 | 391.0 bp −$3,910 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CASHCATUSDT | −0.0062% | 1h | 0.1719 | +0.138% | $566K | $1.3M | 10x | as long as short |
| Gate CASHCAT_USDTshort | +0.0084% | 4h | 0.1715 | −0.140% | $1.5M | $2.0M | 20x | |
| Lighter CASHCAT | +0.0096% | 1h | 0.1727 | +0.571% | $1.2M | $2.0M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1727 | +0.559% | $335K | $772K | 3x | as long as short |
| Hyperliquid CASHCATlong | +0.0100% | 1h | 0.1717 | long leg | $48.7M | $18.9M | 3x | |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1718 | +0.023% | $12.9M | $18.4M | 10x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1717 | −0.006% | $1.0M | $10.7M | 20x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1724 | +0.397% | $101K | $184K | 5x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1721 | +0.198% | $8.6M | $483K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1723 | +0.326% | $579K | $2.4M | 10x | as long as short |
Aster CASHCATUSDT
Lighter CASHCAT
Lighter RH CASHCAT
Bybit CASHCATUSDT
OKX CASHCAT-USDT-SWAP
Arcus CASHCAT-USD
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTMShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CASHCAT-USDT | +0.0100% | 4h | 0.1718 | +0.052% | — | $1.0M | — | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1727 | +0.565% | $1.5M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1742 | +1.468% | $79K | $71K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1726 | +0.536% | $68K | $1.2M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1725 | +0.483% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1725 | +0.448% | $517 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1726 | +0.493% | $18K | $421K | 10x | as long as short |
| edgeX CASHCATUSDC | +0.0106% | 4h | 0.1738 | +1.237% | $52K | $172K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1723 | +0.344% | $50K | $490K | 20x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1726 | +0.511% | $90K | $474K | 5x | as long as short |
| Nado CASHCAT-PERP | +0.0556% | 1h | 0.1723 | +0.344% | $243K | $156K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1862 | +8.439% | $12K | $9K | 5.5x | as long as short |
BingX CASHCAT-USDT
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Extended CASHCAT-USD
Nado CASHCAT-PERP
Injective CASHCAT/USDC PERP