Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against KuCoin+0.274%7-day average +0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$231as in the Funding arb table

Net, price: spread back to 7d avg − costs−$218as in the Price arb table

costs, in and out, $10k−$2342.345% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 7 days−0.304%−$30 · spread now +0.274%, 7d avg +0.111%

Together, before fees−0.264%−$26 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: Bybit is 0.163% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.111%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CASHCATUSDTM	0.1679	0.0100	pay 0.0050% / 4h	1h 27m	$613K	$2.3M	10x
Short	Bybit CASHCATUSDT	0.1684	0.0100	get 0.0050% / 4h	1h 27m	$12.8M	$17.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.274%Rate

Funding earned: $0
Price spread: +0.274% → +0.111%: $16.3
Slippage, 4 orders: −$211.5
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$218.2
Costs to cover: 2.345%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 4 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	7.44 bp	78.2 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.80 bp	55.2 bp −$55	149.7 bp −$1,497	doesn't fit	doesn't fit

CASHCAT on 22 exchanges

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	−0.0288%	1h	0.1676	−0.206%	$546K	$853K	10x	as long as short
Injective CASHCAT/USDC PERP	+0.0033%	1h	0.1735	+3.329%	$8K	$18K	5.5x	as long as short
Lighter CASHCAT	+0.0096%	1h	0.1680	+0.077%	$1.1M	$1.5M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1681	+0.089%	$350K	$862K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1679	−0.012%	$46.2M	$19.1M	3x	as long as short
Bybit CASHCATUSDTshort	+0.0100%	4h	0.1684	+0.274%	$12.8M	$17.5M	10x
Arcus CASHCAT-USD	+0.0100%	1h	0.1681	+0.110%	$104K	$304K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1678	−0.071%	$1.5M	$1.7M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1681	+0.119%	$8.8M	$554K	20x	as long as short
KuCoin CASHCATUSDTMlong	+0.0100%	4h	0.1679	long leg	$613K	$2.3M	10x

Show all 22 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CASHCAT	+0.0100%	4h	0.1670	−0.565%	$1.1M	$1.4M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1675	−0.226%	$76K	$64K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1679	−0.030%	$67K	$1.2M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1680	+0.077%	—	$1.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1681	+0.083%	$504	$991	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1667	−0.700%	$19K	$205K	10x	as long as short
BingX CASHCAT-USDT	+0.0420%	4h	0.1682	+0.173%	—	$1.1M	—	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1682	+0.175%	$247K	$871K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0496%	4h	0.1682	+0.173%	$1.3M	$12.1M	20x	as long as short
edgeX CASHCATUSDC	+0.0528%	4h	0.1680	+0.064%	$50K	$167K	5x	as long as short
Nado CASHCAT-PERP	+0.0628%	1h	0.1676	−0.185%	$249K	$187K	5x	as long as short
BloFin CASHCAT-USDT	+0.0683%	4h	0.1683	+0.232%	$53K	$616K	20x	as long as short