Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against MEXC+0.254%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$558as in the Funding arb table

Net, price: spread back to 7d avg − costs−$528as in the Price arb table

costs, in and out, $10k−$5515.508% of the position

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.254%, 7d avg +0.029%

Together, before fees−0.210%−$21 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: HTX is 0.225% dearer against MEXC than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CASHCAT_USDT	0.1652	0.0100	pay 0.0050% / 4h	35m 10s	$8.3M	$528K	20x
Short	HTX CASHCAT-USDT	0.1656	0.0100	get 0.0013% / 1h	35m 10s	$22K	$278K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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 MEXCbpFee HTXbpOrdersPrice spread, now +0.254%Rate

Funding earned: $0
Price spread: +0.254% → +0.029%: $22.48
Slippage, 4 orders: −$518.81
Fee MEXC: 10 bp × 2 orders: −$20
Fee HTX: 6 bp × 2 orders: −$12
Net: −$528.32
Costs to cover: 5.508%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; HTX: 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 MEXC live order book, 2 min ago	3.92 bp	22.1 bp −$22	324.4 bp −$3,244	1427.5 bp −$142.7K	doesn't fit
Sell HTX live order book, 2 min ago	50.47 bp	236.7 bp −$237	doesn't fit	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	0.1649	−0.151%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1651	−0.061%	$353K	$958K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1652	+0.030%	$45.4M	$20.5M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1653	+0.061%	$12.3M	$19.2M	10x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1656	+0.251%	$118K	$296K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1650	−0.121%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDTlong	+0.0100%	4h	0.1652	long leg	$8.3M	$528K	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1649	−0.182%	$576K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1652	+0.011%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1660	+0.521%	$75K	$60K	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CASHCAT-USDT	+0.0100%	1h	0.1651	−0.017%	—	$2.4M	10x	as long as short
HTX CASHCAT-USDTshort	+0.0100%	1h	0.1656	+0.254%	$22K	$278K	10x
SoDEX CASHCAT-USD	+0.0132%	1h	0.1651	−0.042%	$495	$1K	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1652	−0.008%	$207K	$854K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0704%	1h	0.1651	−0.030%	$65K	$1.3M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0758%	4h	0.1651	−0.042%	$1.4M	$12.5M	20x	as long as short
BingX CASHCAT-USDT	+0.0762%	4h	0.1651	−0.042%	—	$1.1M	—	as long as short
edgeX CASHCATUSDC	+0.0958%	4h	0.1657	+0.301%	$50K	$168K	5x	as long as short
BloFin CASHCAT-USDT	+0.1010%	4h	0.1652	+0.018%	$52K	$564K	20x	as long as short
Aster CASHCATUSDT	+0.1205%	1h	0.1651	−0.030%	$551K	$1.1M	10x	as long as short
Nado CASHCAT-PERP	+0.1454%	1h	0.1647	−0.312%	$244K	$216K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1685	+2.016%	$8K	$18K	5.5x	as long as short