Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0489%/8h= −53.6% APRpaid last 24h −0.203%

Price spread now: KuCoin against Nado+0.109%7-day average −0.054% · 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−$229as in the Price arb table

costs, in and out, $10k−$2452.452% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.280%−$28 on $10k

Price spread, last 3 days (all we have)−0.499%−$50 · spread now +0.109%, 7d avg −0.054%

Together, before fees−0.780%+ Points / potential airdropNado: Active · farm board−$78 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.163% dearer against Nado than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of −0.054%): +$16 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado CASHCAT-PERP	0.1743	0.0589	pay 0.0074% / 1h	47m 06s	$246K	$159K	5x
Short	KuCoin CASHCATUSDTM	0.1745	0.0100	get 0.0050% / 4h	1h 47m	$590K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$102.74
Price spread: +0.109% → −0.054%: $16.32
Slippage, 4 orders: −$233.17
Fee Nado: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$331.59
Costs to cover: 2.452%
Break-even: never at this rate

Slippage from Nado: live order book, 35 min ago; KuCoin: live order book, 5 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	21.53 bp	53.7 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	4.92 bp	60.3 bp −$60	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	0.1744	+0.086%	$1.2M	$1.9M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1744	+0.090%	$49.4M	$18.9M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1746	+0.161%	$13.0M	$18.6M	10x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1744	+0.069%	$1.1M	$11.0M	20x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1740	−0.153%	$102K	$191K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1745	+0.120%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1747	+0.230%	$8.7M	$464K	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1745	+0.109%	$590K	$2.4M	10x
BingX CASHCAT-USDT	+0.0100%	4h	0.1744	+0.069%	—	$1.0M	—	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1731	−0.688%	$1.4M	$1.7M	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1743	−0.011%	$79K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1746	+0.202%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1744	+0.098%	$523	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1739	−0.244%	$19K	$409K	10x	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1743	+0.011%	$50K	$506K	20x	as long as short
edgeX CASHCATUSDC	+0.0363%	4h	0.1734	−0.490%	$52K	$171K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1745	+0.112%	$96K	$469K	5x	as long as short
Nado CASHCAT-PERPlong	+0.0589%	1h	0.1743	long leg	$246K	$159K	5x
Polymarket Perps CASHCAT-USD	+0.0731%	1h	0.1747	+0.230%	$66K	$1.3M	3x	as long as short
Lighter RH CASHCAT	+0.0920%	1h	0.1746	+0.201%	$338K	$791K	3x	as long as short
Aster CASHCATUSDT	+0.1938%	1h	0.1742	−0.069%	$570K	$1.2M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1756	+0.757%	$12K	$9K	5.5x	as long as short