Settings8H · net · $10k
Funding arb · Price arb /

CASHCAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0708%/8h= +77.5% APRpaid last 24h +0.112%
Price spread now: Nado against OKX−0.281%49s7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1511.507% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.236%+$24 on $10k
Price spread, last 4 days (all we have)+1.598%+$160 · spread now −0.281%, 7d avg −0.100%
Together, before fees+1.833%+ Points / potential airdropNado: Active · farm board+$183 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.182% cheaper against OKX than usual: you would sell low and buy high (spread −0.281% now, against its 7-day average of −0.100%). If the spread goes back, that is −$18 on $10k: about 21 hours of funding at the current rate (+$21 a day). At the pace of the last 4 days (+0.236% in total) that is about 2.7 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.236% in total (about 24.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CASHCAT-USDT-SWAP0.16700.0680pay 0.0340% / 4h18m 41s$1.4M$12.7M20x
ShortNado CASHCAT-PERP0.16650.1388get 0.0174% / 1h18m 41s$246K$207K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$148.68
Price spread: −0.281% → −0.100%
−$18.19
Slippage, 4 orders
−$140.67
Fee OKX: 5 bp × 2 orders
−$10
Fee Nado: 0 bp × 2 orders
$0
Net
−$20.18
Costs to cover
1.507%
Break-even
8.0 days
Slippage from OKX: live order book, 5 min ago; Nado: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago6.00 bp26.5 bp −$2680.9 bp −$809doesn't fitdoesn't fit
Sell Nado live order book, 19 min ago15.97 bp55.3 bp −$55doesn't fitdoesn't fitdoesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CASHCAT+0.0096%1h0.1664−0.329%$1.1M$1.8M3xas long as short
Lighter RH CASHCAT+0.0096%1h0.1666−0.228%$347K$974K3xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1666−0.228%$45.9M$20.5M3xas long as short
Bybit CASHCATUSDT+0.0100%4h0.1671+0.090%$12.4M$19.2M10xas long as short
Arcus CASHCAT-USD+0.0100%1h0.1664−0.341%$105K$314K5xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1665−0.293%$1.5M$2.0M20xas long as short
MEXC CASHCAT_USDT+0.0100%4h0.1670+0.012%$8.4M$539K20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1664−0.359%$580K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1668−0.140%$1.1M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1663−0.395%$75K$60K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CASHCAT-USDT+0.0100%1h0.1667−0.166%$2.4M10xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1666−0.223%$22K$264K10xas long as short
SoDEX CASHCAT-USD+0.0165%1h0.1667−0.186%$500$1K3xas long as short
edgeX CASHCATUSDC+0.0353%4h0.1667−0.205%$50K$168K5xas long as short
Extended CASHCAT-USD+0.0480%1h0.1669−0.087%$239K$887K5xas long as short
Polymarket Perps CASHCAT-USD+0.0566%1h0.1667−0.204%$66K$1.4M3xas long as short
BingX CASHCAT-USDT+0.0648%4h0.1665−0.299%$1.1Mas long as short
OKX CASHCAT-USDT-SWAPlong+0.0680%4h0.1670long leg$1.4M$12.7M20x
BloFin CASHCAT-USDT+0.0917%4h0.1669−0.060%$52K$580K20xas long as short
Nado CASHCAT-PERPshort+0.1388%1h0.1665−0.281%$246K$207K5x
Aster CASHCATUSDT+0.2536%1h0.1668−0.126%$557K$1.1M10xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1749+4.731%$9K$18K5.5xas long as short