Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0463%/8h= −50.7% APRpaid last 24h +0.016%

Price spread now: Polymarket Perps against OKX−0.196%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$790.793% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.435%+$43 on $10k

Price spread, last 7 days+0.189%+$19 · spread now −0.196%, 7d avg +0.023%

Together, before fees+0.623%+$62 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Polymarket Perps is 0.218% cheaper against OKX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.435%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CASHCAT-USDT-SWAP	0.1686	0.0563	pay 0.0282% / 4h	3h 47m	$1.4M	$12.9M	20x
Short	Polymarket Perps CASHCAT-USD	0.1683	0.0100	get 0.0013% / 1h	47m 33s	$66K	$1.3M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.196%Rate

Funding earned: −$97.28
Price spread: −0.196% → +0.023%: −$21.82
Slippage, 4 orders: −$61.29
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$198.39
Costs to cover: 0.793%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Polymarket Perps: live order book, 16 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, 1 min ago	2.96 bp	29.6 bp −$30	79.7 bp −$797	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 16 min ago	3.60 bp	9.9 bp −$10	18.1 bp −$181	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	0.1684	−0.089%	$1.1M	$1.7M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1685	−0.065%	$361K	$931K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1686	−0.008%	$46.4M	$20.5M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1685	−0.083%	$1.5M	$1.8M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1687	+0.036%	$607K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1683	−0.150%	$1.1M	$1.8M	—	as long as short
Polymarket Perps CASHCAT-USDshort	+0.0100%	1h	0.1683	−0.196%	$66K	$1.3M	3x
SunX CASHCAT-USDT	+0.0100%	1h	0.1682	−0.231%	—	$2.4M	10x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1696	+0.591%	$22K	$255K	10x	as long as short
SoDEX CASHCAT-USD	+0.0184%	1h	0.1685	−0.036%	$506	$1K	3x	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	+0.0401%	1h	0.1685	−0.071%	$76K	$60K	50x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1686	+0.008%	$241K	$884K	5x	as long as short
MEXC CASHCAT_USDT	+0.0532%	4h	0.1689	+0.178%	$8.5M	$528K	20x	as long as short
OKX CASHCAT-USDT-SWAPlong	+0.0563%	4h	0.1686	long leg	$1.4M	$12.9M	20x
Bybit CASHCATUSDT	+0.0594%	4h	0.1688	+0.136%	$12.7M	$19.2M	10x	as long as short
BloFin CASHCAT-USDT	+0.0774%	4h	0.1686	0.000%	$53K	$596K	20x	as long as short
edgeX CASHCATUSDC	+0.1015%	4h	0.1682	−0.209%	$51K	$168K	5x	as long as short
BingX CASHCAT-USDT	+0.1162%	4h	0.1689	+0.178%	—	$1.1M	—	as long as short
Nado CASHCAT-PERP	+0.1568%	1h	0.1683	−0.157%	$250K	$204K	5x	as long as short
Arcus CASHCAT-USD	+0.3849%	1h	0.1682	−0.227%	$104K	$313K	5x	as long as short
Aster CASHCATUSDT	+0.4091%	1h	0.1684	−0.114%	$546K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1697	+0.652%	$8K	$18K	5.5x	as long as short