Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0483%/8h= −52.9% APRpaid last 24h −0.159%

Price spread now: Gate against Nado+0.012%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$243as in the Price arb table

costs, in and out, $10k−$2482.482% of the position

Long on Nado Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.301%−$30 on $10k

Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.012%, 7d avg −0.042%

Together, before fees−0.534%+ Points / potential airdropNado: Active · farm board−$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.055% dearer against Nado than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.042%): +$5 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado CASHCAT-PERP	0.1642	0.0583	pay 0.0073% / 1h	7m 01s	$236K	$210K	5x
Short	Gate CASHCAT_USDT	0.1643	0.0100	get 0.0050% / 4h	1h 07m	$1.5M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Nado. 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 NadobpFee GatebpOrdersPrice spread, now +0.012%Rate

Funding earned: −$101.53
Price spread: +0.012% → −0.042%: $5.46
Slippage, 4 orders: −$233.19
Fee Nado: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$344.25
Costs to cover: 2.482%
Break-even: never at this rate

Slippage from Nado: live order book, 35 min ago; Gate: live order book, 1 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 Nado live order book, 35 min ago	14.06 bp	47.8 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	10.94 bp	78.9 bp −$79	330.7 bp −$3,307	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	−0.0192%	1h	0.1641	−0.104%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1645	+0.177%	$350K	$972K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1646	+0.212%	$45.1M	$20.3M	3x	as long as short
Aster CASHCATUSDT	+0.0100%	1h	0.1643	+0.037%	$551K	$1.1M	10x	as long as short
Gate CASHCAT_USDTshort	+0.0100%	4h	0.1643	+0.012%	$1.5M	$2.0M	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1642	−0.006%	$578K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1640	−0.149%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1640	−0.128%	$74K	$60K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1643	+0.040%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1645	+0.170%	$494	$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	0.1642	−0.046%	$22K	$290K	10x	as long as short
Bybit CASHCATUSDT	+0.0151%	4h	0.1647	+0.280%	$12.3M	$19.2M	10x	as long as short
MEXC CASHCAT_USDT	+0.0156%	4h	0.1646	+0.195%	$8.2M	$534K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1645	+0.184%	$106K	$753K	5x	as long as short
Nado CASHCAT-PERPlong	+0.0583%	1h	0.1642	long leg	$236K	$210K	5x
Polymarket Perps CASHCAT-USD	+0.0651%	1h	0.1644	+0.079%	$64K	$1.3M	3x	as long as short
edgeX CASHCATUSDC	+0.0856%	4h	0.1643	+0.056%	$50K	$168K	5x	as long as short
BingX CASHCAT-USDT	+0.0936%	4h	0.1647	+0.280%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0947%	4h	0.1646	+0.219%	$1.4M	$12.3M	20x	as long as short
Arcus CASHCAT-USD	+0.0990%	1h	0.1647	+0.263%	$118K	$296K	5x	as long as short
BloFin CASHCAT-USDT	+0.1244%	4h	0.1643	+0.037%	$52K	$560K	20x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1664	+1.315%	$8K	$19K	5.5x	as long as short