CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0364%/8h= +39.9% APRnext payment +$1.82 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin+0.018%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$189as in the Price arb table

costs, in and out, $10k−$1831.827% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.018%, 7d avg +0.084%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.084%). If the spread goes back, that is −$7 on $10k: about 14 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.036% in total) that is about 13 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.82 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	0.1638	0.0100	pay 0.0050% / 4h	1h 40m	$572K	$2.4M	10x
Short	MEXC CASHCAT_USDT	0.1639	0.0464	get 0.0232% / 4h	1h 40m	$8.2M	$527K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.018%Rate

Funding earned: $76.44
Price spread: +0.018% → +0.084%: −$6.58
Slippage, 4 orders: −$150.67
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 10 bp × 2 orders: −$20
Net: −$112.81
Costs to cover: 1.827%
Break-even: 17.3 days

Slippage from KuCoin: live order book, 6 min ago; MEXC: 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 KuCoin live order book, 6 min ago	5.54 bp	75.8 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	3.36 bp	19.3 bp −$19	193.1 bp −$1,931	959.6 bp −$96.0K	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	−0.0520%	1h	0.1635	−0.208%	$1.1M	$1.8M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1639	+0.012%	$44.8M	$20.3M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1638	−0.024%	$1.5M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTMlong	+0.0100%	4h	0.1638	long leg	$572K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1639	+0.010%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1630	−0.494%	$74K	$59K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1645	+0.408%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1639	+0.037%	$492	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1638	−0.003%	$20K	$294K	10x	as long as short
Lighter RH CASHCAT	+0.0104%	1h	0.1638	−0.037%	$339K	$955K	3x	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	+0.0345%	1h	0.1631	−0.482%	$207K	$193K	5x	as long as short
Bybit CASHCATUSDT	+0.0463%	4h	0.1637	−0.085%	$12.3M	$19.2M	10x	as long as short
MEXC CASHCAT_USDTshort	+0.0464%	4h	0.1639	+0.018%	$8.2M	$527K	20x
Extended CASHCAT-USD	+0.0480%	1h	0.1639	+0.012%	$106K	$756K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0774%	1h	0.1645	+0.378%	$64K	$1.3M	3x	as long as short
edgeX CASHCATUSDC	+0.0802%	4h	0.1631	−0.463%	$49K	$169K	5x	as long as short
Arcus CASHCAT-USD	+0.0990%	1h	0.1646	+0.448%	$102K	$280K	5x	as long as short
BingX CASHCAT-USDT	+0.1036%	4h	0.1638	−0.024%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.1074%	4h	0.1639	+0.037%	$1.5M	$12.2M	20x	as long as short
BloFin CASHCAT-USDT	+0.1398%	4h	0.1646	+0.464%	$53K	$565K	20x	as long as short
Aster CASHCATUSDT	+0.1819%	1h	0.1637	−0.092%	$549K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1659	+1.257%	$8K	$19K	5.5x	as long as short