Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0374%/8h= +41.0% APRpaid last 24h +0.093%

Price spread now: Polymarket Perps against KuCoin+0.155%7-day average +0.179% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$172as in the Price arb table

costs, in and out, $10k−$1701.697% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.483%+$48 on $10k

Price spread, last 3 days (all we have)+0.468%+$47 · spread now +0.155%, 7d avg +0.179%

Together, before fees+0.952%+$95 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.024% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.155% now, against its 7-day average of +0.179%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CASHCATUSDTM	0.1741	0.0100	pay 0.0050% / 4h	1h 06m	$589K	$2.4M	10x
Short	Polymarket Perps CASHCAT-USD	0.1743	0.0474	get 0.0059% / 1h	6m 34s	$66K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Polymarket PerpsbpOrdersPrice spread, now +0.155%Rate

Funding earned: $78.62
Price spread: +0.155% → +0.179%: −$2.43
Slippage, 4 orders: −$149.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$93.51
Costs to cover: 1.697%
Break-even: 15.3 days

Slippage from KuCoin: live order book, 5 min ago; Polymarket Perps: 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, 5 min ago	5.47 bp	62.8 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.59 bp	17.5 bp −$17	18.0 bp −$180	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 CASHCAT	+0.0096%	1h	0.1743	+0.115%	$1.3M	$2.0M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1743	+0.155%	$49.3M	$18.5M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1746	+0.304%	$1.1M	$10.6M	20x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1742	+0.069%	$119K	$213K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1740	−0.034%	$1.5M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTMlong	+0.0100%	4h	0.1741	long leg	$589K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1738	−0.157%	$1.5M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1737	−0.190%	$78K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1737	−0.187%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1740	−0.017%	$522	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1738	−0.144%	$18K	$399K	10x	as long as short
MEXC CASHCAT_USDT	+0.0160%	4h	0.1743	+0.138%	$8.7M	$468K	20x	as long as short
BingX CASHCAT-USDT	+0.0164%	4h	0.1746	+0.304%	—	$1.0M	—	as long as short
Bybit CASHCATUSDT	+0.0185%	4h	0.1746	+0.276%	$13.0M	$18.2M	10x	as long as short
Lighter RH CASHCAT	+0.0336%	1h	0.1743	+0.115%	$339K	$825K	3x	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1738	−0.155%	$50K	$489K	20x	as long as short
Nado CASHCAT-PERP	+0.0363%	1h	0.1741	+0.011%	$246K	$157K	5x	as long as short
edgeX CASHCATUSDC	+0.0436%	4h	0.1739	−0.118%	$52K	$171K	5x	as long as short
Polymarket Perps CASHCAT-USDshort	+0.0474%	1h	0.1743	+0.155%	$66K	$1.2M	3x
Extended CASHCAT-USD	+0.0480%	1h	0.1740	−0.012%	$95K	$465K	5x	as long as short
Aster CASHCATUSDT	+0.2228%	1h	0.1737	−0.184%	$571K	$1.2M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1834	+5.360%	$12K	$9K	5.5x	as long as short