CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0291%/8h= −31.8% APRnext payment −$1.45 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against OKX−0.283%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$211as in the Price arb table

costs, in and out, $10k−$1851.850% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days+0.399%+$40 · spread now −0.283%, 7d avg −0.025%

Together, before fees+0.375%+$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.258% cheaper against OKX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.025%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.45 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	0.1697	0.0391	pay 0.0195% / 4h	3h 04m	$1.3M	$10.7M	20x
Short	KuCoin CASHCATUSDTM	0.1692	0.0100	get 0.0050% / 4h	3h 04m	$597K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.283%Rate

Funding earned: −$61.03
Price spread: −0.283% → −0.025%: −$25.8
Slippage, 4 orders: −$163.03
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$271.86
Costs to cover: 1.850%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: 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 OKX live order book, 4 min ago	5.89 bp	29.4 bp −$29	92.7 bp −$927	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	4.73 bp	60.0 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 RH CASHCAT	+0.0096%	1h	0.1695	−0.118%	$329K	$848K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1694	−0.177%	$253K	$188K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1694	−0.165%	$46.4M	$20.6M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1693	−0.247%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1692	−0.283%	$597K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1691	−0.328%	$1.4M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1695	−0.094%	$76K	$67K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1695	−0.136%	$68K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1690	−0.422%	—	$2.5M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1689	−0.454%	$507	$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	0.1688	−0.533%	$18K	$372K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1695	−0.141%	$118K	$479K	5x	as long as short
OKX CASHCAT-USDT-SWAPlong	+0.0391%	4h	0.1697	long leg	$1.3M	$10.7M	20x
BloFin CASHCAT-USDT	+0.0626%	4h	0.1694	−0.177%	$51K	$503K	20x	as long as short
BingX CASHCAT-USDT	+0.0798%	4h	0.1698	+0.059%	—	$1.0M	—	as long as short
Lighter CASHCAT	+0.0840%	1h	0.1696	−0.082%	$1.2M	$1.9M	3x	as long as short
MEXC CASHCAT_USDT	+0.0862%	4h	0.1696	−0.035%	$8.5M	$497K	20x	as long as short
Bybit CASHCATUSDT	+0.0929%	4h	0.1697	+0.024%	$13.0M	$18.6M	10x	as long as short
edgeX CASHCATUSDC	+0.1100%	4h	0.1697	+0.014%	$51K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.2574%	1h	0.1691	−0.330%	$559K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.3384%	1h	0.1695	−0.109%	$117K	$220K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1722	+1.473%	$9K	$12K	5.5x	as long as short