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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1261%/8h= +138.1% APRnext payment +$6.31 per $10,000 · paid last 24h +0.134%
Price spread now: edgeX against Variational Omni−0.450%74s7-day average −0.100% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.178%+$18 on $10k
Price spread, last 4 days (all we have)−0.524%−$52 · spread now −0.450%, 7d avg −0.100%
Together, before fees−0.346%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.350% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.450% now, against its 7-day average of −0.100%). If the spread goes back, that is −$35 on $10k: about 22 hours of funding at the current rate (+$38 a day). At the pace of the last 4 days (+0.178% in total) that is about 7.3 days. The two prices were read 74 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 0.178% in total (about 17.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CASHCAT0.17280.0100pay 0.0050% / 4h3h 10m$1.2M$1.8M
ShortedgeX CASHCATUSDC0.17200.1361get 0.0681% / 4h3h 10m$52K$169K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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

Funding earned
$264.89
Price spread: −0.450% → −0.100%
−$35
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$220.89
Costs to cover
0.090%
Break-even
1.2 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; edgeX: live order book, 21 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago11.62 bpdoesn't fit209.2 bp −$2,092doesn't fitdoesn't fit
Sell edgeX live order book, 21 min ago8.34 bp145.7 bp −$146doesn'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 RH CASHCAT+0.0096%1h0.1728+0.043%$359K$952K3xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1729+0.089%$47.8M$20.4M3xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1726−0.108%$1.6M$1.8M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1727−0.015%$628K$2.4M10xas long as short
Variational Omni CASHCATlong+0.0100%4h0.1728long leg$1.2M$1.8M
ApeX Omni CASHCATUSDT+0.0100%1h0.1716−0.640%$78K$61K50xas long as short
Polymarket Perps CASHCAT-USD+0.0100%1h0.1724−0.235%$67K$1.3M3xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1729+0.093%$2.1M10xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1725−0.163%$20K$231K10xas long as short
SoDEX CASHCAT-USD+0.0362%1h0.1729+0.089%$519$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CASHCAT+0.0432%1h0.1727−0.004%$1.2M$1.7M3xas long as short
Extended CASHCAT-USD+0.0480%1h0.1730+0.113%$249K$877K5xas long as short
OKX CASHCAT-USDT-SWAP+0.0523%4h0.1730+0.141%$1.4M$13.0M20xas long as short
Bybit CASHCATUSDT+0.0751%4h0.1731+0.176%$13.2M$19.1M10xas long as short
BingX CASHCAT-USDT+0.0762%4h0.1730+0.141%$1.1Mas long as short
MEXC CASHCAT_USDT+0.0774%4h0.1728+0.048%$8.9M$555K20xas long as short
BloFin CASHCAT-USDT+0.0774%4h0.1730+0.141%$52K$607K20xas long as short
edgeX CASHCATUSDCshort+0.1361%4h0.1720−0.450%$52K$169K5x
Nado CASHCAT-PERP+0.1474%1h0.1725−0.160%$256K$206K5xas long as short
Aster CASHCATUSDT+0.3602%1h0.1725−0.146%$560K$1.1M10xas long as short
Arcus CASHCAT-USD+0.3849%1h0.1725−0.121%$107K$309K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1735+0.430%$8K$18K5.5xas long as short