Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.1% APRpaid last 24h −0.088%

Price spread now: OKX against Polymarket Perps+0.302%7-day average −0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$990.990% of the position

Long on Polymarket Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.465%−$47 on $10k

Price spread, last 3 days (all we have)−0.602%−$60 · spread now +0.302%, 7d avg −0.047%

Together, before fees−1.067%−$107 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.349% dearer against Polymarket Perps than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of −0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.465%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CASHCAT-USD	0.1691	0.0100	pay 0.0013% / 1h	35m 03s	$68K	$1.3M	3x
Short	OKX CASHCAT-USDT-SWAP	0.1696	0.0146	get 0.0073% / 4h	3h 35m	$1.2M	$10.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.302%Rate

Funding earned: $9.73
Price spread: +0.302% → −0.047%: $34.86
Slippage, 4 orders: −$81.01
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$54.42
Costs to cover: 0.990%
Break-even: 46.2 days

Slippage from Polymarket Perps: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago	6.52 bp	20.5 bp −$20	20.6 bp −$206	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	5.93 bp	25.6 bp −$26	82.7 bp −$827	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	0.1691	+0.030%	$329K	$844K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1690	−0.053%	$257K	$186K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1690	−0.065%	$46.5M	$20.6M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1690	−0.077%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1690	−0.059%	$601K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1693	+0.103%	$1.4M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1695	+0.260%	$76K	$72K	50x	as long as short
Polymarket Perps CASHCAT-USDlong	+0.0100%	1h	0.1691	long leg	$68K	$1.3M	3x
SunX CASHCAT-USDT	+0.0100%	1h	0.1690	−0.072%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1690	−0.071%	$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	0.1697	+0.332%	$18K	$382K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1692	+0.060%	$99K	$465K	5x	as long as short
OKX CASHCAT-USDT-SWAPshort	+0.0146%	4h	0.1696	+0.302%	$1.2M	$10.8M	20x
BloFin CASHCAT-USDT	+0.0377%	4h	0.1694	+0.183%	$51K	$511K	20x	as long as short
Lighter CASHCAT	+0.0832%	1h	0.1693	+0.112%	$1.2M	$1.9M	3x	as long as short
Aster CASHCATUSDT	+0.1731%	1h	0.1688	−0.162%	$558K	$1.1M	10x	as long as short
MEXC CASHCAT_USDT	+0.1790%	4h	0.1692	+0.065%	$8.4M	$484K	20x	as long as short
BingX CASHCAT-USDT	+0.1852%	4h	0.1693	+0.124%	—	$1.0M	—	as long as short
Bybit CASHCATUSDT	+0.1994%	4h	0.1696	+0.325%	$12.9M	$18.7M	10x	as long as short
edgeX CASHCATUSDC	+0.2495%	4h	0.1691	−0.008%	$51K	$171K	5x	as long as short
Arcus CASHCAT-USD	+0.3384%	1h	0.1689	−0.121%	$116K	$219K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1703	+0.716%	$8K	$12K	5.5x	as long as short