CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0688%/8h= +75.3% APRnext payment +$3.44 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against KuCoin+0.162%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1951.948% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 7 days−0.262%−$26 · spread now +0.162%, 7d avg +0.019%

Together, before fees−0.145%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and BingX is 0.143% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.019%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.44 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	KuCoin CASHCATUSDTM	0.1602	0.0100	pay 0.0050% / 4h	19m 49s	$560K	$2.4M	10x
Short	BingX CASHCAT-USDT	0.1605	0.0788	get 0.0394% / 4h	19m 49s	—	$1.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.162%Rate

Funding earned: $144.48
Price spread: +0.162% → +0.019%: $14.34
Slippage, 4 orders: −$172.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$35.97
Costs to cover: 1.948%
Break-even: 8.7 days

Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 10 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 KuCoin live order book, 2 min ago	6.55 bp	72.1 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	9.40 bp	36.2 bp −$36	85.0 bp −$850	857.7 bp −$85.8K	1426.9 bp −$713.4K

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	−0.144%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1603	+0.044%	$314K	$846K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1603	+0.031%	$43.8M	$20.0M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1601	−0.112%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTMlong	+0.0100%	4h	0.1602	long leg	$560K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1604	+0.075%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1598	−0.300%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1602	−0.035%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1601	−0.100%	$480	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1609	+0.397%	$18K	$331K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado CASHCAT-PERP	+0.0101%	1h	0.1599	−0.212%	$216K	$202K	5x	as long as short
Bybit CASHCATUSDT	+0.0197%	4h	0.1603	+0.050%	$12.1M	$18.7M	10x	as long as short
MEXC CASHCAT_USDT	+0.0206%	4h	0.1604	+0.100%	$8.0M	$523K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1602	+0.003%	$98K	$608K	5x	as long as short
BingX CASHCAT-USDTshort	+0.0788%	4h	0.1605	+0.162%	—	$1.0M	—
Polymarket Perps CASHCAT-USD	+0.0812%	1h	0.1602	−0.025%	$64K	$1.3M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0827%	4h	0.1604	+0.100%	$1.4M	$11.0M	20x	as long as short
BloFin CASHCAT-USDT	+0.1077%	4h	0.1607	+0.287%	$52K	$505K	20x	as long as short
edgeX CASHCATUSDC	+0.1175%	4h	0.1603	+0.011%	$48K	$169K	5x	as long as short
Aster CASHCATUSDT	+0.1955%	1h	0.1601	−0.094%	$531K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1601	−0.068%	$96K	$263K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1618	+0.974%	$8K	$18K	5.5x	as long as short