CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0677%/8h= −74.1% APRnext payment −$0.85 per $10,000 · paid last 24h +0.105%

Price spread now: Nado against Polymarket Perps+0.028%58s7-day average −0.126% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1721.721% of the position

Long on Polymarket Perps Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.076%−$8 on $10k

Price spread, last 4 days (all we have)−0.260%−$26 · spread now +0.028%, 7d avg −0.126%

Together, before fees−0.336%+ Points / potential airdropNado: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.154% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.126%): +$15 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 3 days (−0.076% in total) that is about 6.8 days. The two prices were read 58 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 3 days it paid -0.076% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.85 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	Polymarket Perps CASHCAT-USD	0.1596	0.0777	pay 0.0097% / 1h	24m 38s	$64K	$1.3M	3x
Short	Nado CASHCAT-PERP	0.1596	0.0100	get 0.0012% / 1h	24m 38s	$216K	$202K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Polymarket Perps. 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 Polymarket PerpsbpFee NadobpOrdersPrice spread, now +0.028%Rate

Funding earned: −$142.13
Price spread: +0.028% → −0.126%: $15.45
Slippage, 4 orders: −$164.1
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Nado: 0 bp × 2 orders: $0
Net: −$298.78
Costs to cover: 1.721%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; Nado: live order book, 33 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 Polymarket Perps live order book, 4 min ago	4.06 bp	18.1 bp −$18	18.6 bp −$186	doesn't fit	doesn't fit
Sell Nado live order book, 33 min ago	16.38 bp	78.3 bp −$78	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 CASHCAT	+0.0096%	1h	0.1598	+0.132%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1598	+0.157%	$313K	$846K	3x	as long as short
Nado CASHCAT-PERPshort	+0.0100%	1h	0.1596	+0.028%	$216K	$202K	5x
Hyperliquid CASHCAT	+0.0100%	1h	0.1598	+0.163%	$43.7M	$20.0M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1596	−0.006%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1597	+0.069%	$560K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1594	−0.091%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1597	+0.088%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1595	−0.066%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1595	−0.075%	$478	$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	0.1599	+0.208%	$18K	$332K	10x	as long as short
MEXC CASHCAT_USDT	+0.0220%	4h	0.1598	+0.163%	$7.9M	$522K	20x	as long as short
Bybit CASHCATUSDT	+0.0231%	4h	0.1598	+0.157%	$12.1M	$18.7M	10x	as long as short
edgeX CASHCATUSDC	+0.0418%	4h	0.1596	+0.011%	$48K	$169K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1598	+0.141%	$98K	$608K	5x	as long as short
BingX CASHCAT-USDT	+0.0770%	4h	0.1601	+0.320%	—	$1.0M	—	as long as short
Polymarket Perps CASHCAT-USDlong	+0.0777%	1h	0.1596	long leg	$64K	$1.3M	3x
OKX CASHCAT-USDT-SWAP	+0.0826%	4h	0.1603	+0.445%	$1.4M	$11.0M	20x	as long as short
BloFin CASHCAT-USDT	+0.1052%	4h	0.1602	+0.382%	$52K	$504K	20x	as long as short
Aster CASHCATUSDT	+0.2021%	1h	0.1592	−0.257%	$529K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1595	−0.039%	$96K	$262K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1609	+0.821%	$8K	$18K	5.5x	as long as short