Funding you earn now, next payment 10:00 UTC+0.0407%/8h= +44.6% APRpaid last 24h +0.068%
Price spread now: OKX against SunX−0.173%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$390as in the Price arb table
costs, in and out, $10k−$3703.697% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)−0.316%−$32 · spread now −0.173%, 7d avg +0.025%
=Funding pays, the price is against you. OKX is 0.199% cheaper against SunX than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of +0.025%). If the spread goes back, that is −$20 on $10k: about 39 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.111% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.111% in total (about 5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CASHCAT-USDT | 0.1695 | 0.0100 | pay 0.0013% / 1h | 19m 08s | — | $1.8M | 10x |
| Short | OKX CASHCAT-USDT-SWAP | 0.1692 | 0.0507 | get 0.0254% / 4h | 2h 19m | $1.3M | $12.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $85.52
- Price spread: −0.173% → +0.025%
- −$19.88
- Slippage, 4 orders
- −$351.68
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$304.04
- Costs to cover
- 3.697%
- Break-even
- 31.9 days
Slippage from SunX: live order book, 10 min ago; OKX: live order book, 2 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 SunX live order book, 10 min ago | 116.61 bp | 134.6 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 5.89 bp | 25.4 bp −$25 | 74.8 bp −$748 | doesn't fit | doesn't fit |
CASHCAT on 22 exchanges
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 | 0.1692 | −0.185% | $1.1M | $1.6M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1695 | −0.014% | $352K | $896K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1693 | −0.090% | $46.8M | $19.8M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1694 | −0.032% | $12.9M | $18.9M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1692 | −0.191% | $1.5M | $1.8M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1695 | −0.008% | $8.8M | $583K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1691 | −0.221% | $615K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1699 | +0.248% | $1.1M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1698 | +0.186% | $77K | $66K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1692 | −0.179% | $66K | $1.2M | 3x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CASHCAT-USDTlong | +0.0100% | 1h | 0.1695 | long leg | — | $1.8M | 10x | |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1700 | +0.286% | $20K | $222K | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0179% | 1h | 0.1693 | −0.103% | $508 | $1K | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1694 | −0.083% | $245K | $874K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0488% | 4h | 0.1692 | −0.173% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAPshort | +0.0507% | 4h | 0.1692 | −0.173% | $1.3M | $12.6M | 20x | |
| edgeX CASHCATUSDC | +0.0513% | 4h | 0.1700 | +0.271% | $51K | $168K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0747% | 4h | 0.1697 | +0.122% | $52K | $606K | 20x | as long as short |
| Aster CASHCATUSDT | +0.0848% | 1h | 0.1694 | −0.026% | $552K | $975K | 10x | as long as short |
| Nado CASHCAT-PERP | +0.1007% | 1h | 0.1689 | −0.362% | $251K | $205K | 5x | as long as short |
| Arcus CASHCAT-USD | +0.4530% | 1h | 0.1701 | +0.364% | $105K | $312K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1735 | +2.364% | $8K | $18K | 5.5x | as long as short |
SunX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
HTX CASHCAT-USDT
SoDEX CASHCAT-USD
Extended CASHCAT-USD
BingX CASHCAT-USDT
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP