CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0470%/8h= +51.5% APRnext payment +$2.35 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against OKX−0.059%7-day average +0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1291.288% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 7 days+0.120%+$12 · spread now −0.059%, 7d avg +0.072%

Together, before fees+0.135%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.131% cheaper against OKX than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.072%). If the spread goes back, that is −$13 on $10k: about 22 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.015% in total) that is about 2 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.35 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	OKX CASHCAT-USDT-SWAP	0.1696	0.0370	pay 0.0185% / 4h	3h 08m	$1.3M	$10.8M	20x
Short	Bybit CASHCATUSDT	0.1695	0.0840	get 0.0420% / 4h	3h 08m	$12.9M	$18.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now −0.059%Rate

Funding earned: $98.76
Price spread: −0.059% → +0.072%: −$13.12
Slippage, 4 orders: −$107.84
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$43.2
Costs to cover: 1.288%
Break-even: 10.1 days

Slippage from OKX: live order book, 5 min ago; Bybit: 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 OKX live order book, 5 min ago	2.97 bp	27.3 bp −$27	103.6 bp −$1,036	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	2.37 bp	38.5 bp −$38	118.4 bp −$1,184	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 RH CASHCAT	+0.0096%	1h	0.1695	−0.059%	$329K	$848K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1694	−0.118%	$253K	$190K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1694	−0.142%	$46.4M	$20.6M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1693	−0.159%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1694	−0.088%	$600K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1690	−0.367%	$1.4M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1689	−0.419%	$76K	$67K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1696	+0.012%	$69K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1695	−0.075%	—	$2.5M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1694	−0.088%	$508	$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	0.1701	+0.277%	$18K	$373K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1694	−0.125%	$118K	$479K	5x	as long as short
OKX CASHCAT-USDT-SWAPlong	+0.0370%	4h	0.1696	long leg	$1.3M	$10.8M	20x
BloFin CASHCAT-USDT	+0.0599%	4h	0.1697	+0.059%	$51K	$506K	20x	as long as short
BingX CASHCAT-USDT	+0.0698%	4h	0.1697	+0.059%	—	$1.0M	—	as long as short
MEXC CASHCAT_USDT	+0.0838%	4h	0.1696	−0.029%	$8.5M	$496K	20x	as long as short
Bybit CASHCATUSDTshort	+0.0840%	4h	0.1695	−0.059%	$12.9M	$18.6M	10x
Lighter CASHCAT	+0.0928%	1h	0.1696	+0.006%	$1.2M	$1.9M	3x	as long as short
edgeX CASHCATUSDC	+0.1123%	4h	0.1690	−0.369%	$51K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.2321%	1h	0.1692	−0.227%	$560K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.3384%	1h	0.1696	−0.009%	$117K	$220K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1722	+1.533%	$9K	$12K	5.5x	as long as short