CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0426%/8h= −46.6% APRnext payment −$2.13 per $10,000 · paid last 24h −0.068%

Price spread now: MEXC against OKX+0.209%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1461.463% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days−0.097%−$10 · spread now +0.209%, 7d avg +0.045%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.164% dearer against OKX than usual: you sell high and buy low (spread +0.209% now, against its 7-day average of +0.045%): +$16 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.056% in total) that is about 20 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.13 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	0.1675	0.0526	pay 0.0263% / 4h	3h 28m	$1.4M	$12.8M	20x
Short	MEXC CASHCAT_USDT	0.1678	0.0100	get 0.0050% / 4h	3h 28m	$8.5M	$533K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.209%Rate

Funding earned: −$89.39
Price spread: +0.209% → +0.045%: $16.4
Slippage, 4 orders: −$116.32
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 10 bp × 2 orders: −$20
Net: −$219.3
Costs to cover: 1.463%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 4 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	2.98 bp	31.4 bp −$31	92.1 bp −$921	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.68 bp	20.9 bp −$21	259.9 bp −$2,599	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	0.1676	+0.054%	$347K	$945K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1677	+0.107%	$46.2M	$20.6M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1677	+0.131%	$12.6M	$19.2M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1677	+0.107%	$1.5M	$1.8M	20x	as long as short
MEXC CASHCAT_USDTshort	+0.0100%	4h	0.1678	+0.209%	$8.5M	$533K	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1675	+0.012%	$599K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1678	+0.169%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1679	+0.251%	$76K	$61K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1672	−0.179%	$65K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1678	+0.198%	—	$2.3M	10x	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	0.1677	+0.131%	$22K	$245K	10x	as long as short
SoDEX CASHCAT-USD	+0.0151%	1h	0.1680	+0.310%	$504	$1K	3x	as long as short
Lighter CASHCAT	+0.0280%	1h	0.1675	−0.018%	$1.1M	$1.7M	3x	as long as short
edgeX CASHCATUSDC	+0.0350%	4h	0.1679	+0.217%	$51K	$169K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1678	+0.199%	$241K	$884K	5x	as long as short
BingX CASHCAT-USDT	+0.0488%	4h	0.1677	+0.119%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAPlong	+0.0526%	4h	0.1675	long leg	$1.4M	$12.8M	20x
BloFin CASHCAT-USDT	+0.0742%	4h	0.1681	+0.358%	$53K	$599K	20x	as long as short
Nado CASHCAT-PERP	+0.1575%	1h	0.1673	−0.090%	$249K	$204K	5x	as long as short
Arcus CASHCAT-USD	+0.3849%	1h	0.1678	+0.184%	$104K	$313K	5x	as long as short
Aster CASHCATUSDT	+0.4210%	1h	0.1674	−0.036%	$542K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1712	+2.209%	$8K	$18K	5.5x	as long as short