Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%

Price spread now: OKX against Variational Omni−0.409%7-day average −0.210% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.015%+$2 on $10k

Price spread, last 7 days+0.330%+$33 · spread now −0.409%, 7d avg −0.210%

Together, before fees+0.346%+ Points / potential airdropVariational Omni: Active · farm board+$35 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.200% cheaper against Variational Omni than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.210%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CASHCAT	0.1744	0.0100	pay 0.0050% / 4h	2h 22m	$1.5M	$1.6M	—
Short	OKX CASHCAT-USDT-SWAP	0.1737	0.0100	get 0.0050% / 4h	2h 22m	$1.1M	$10.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee Variational OmnibpFee OKXbpOrdersPrice spread, now −0.409%Rate

Funding earned: $0
Price spread: −0.409% → −0.210%: −$19.95
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$29.95
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; OKX: live order book, 6 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 2 min ago	8.59 bp	doesn't fit	100.3 bp −$1,003	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	2.88 bp	33.4 bp −$33	102.2 bp −$1,022	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	0.1733	−0.621%	$1.2M	$2.0M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1733	−0.621%	$335K	$806K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1733	−0.644%	$49.2M	$18.9M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1737	−0.392%	$13.1M	$18.5M	10x	as long as short
OKX CASHCAT-USDT-SWAPshort	+0.0100%	4h	0.1737	−0.409%	$1.1M	$10.8M	20x
Arcus CASHCAT-USD	+0.0100%	1h	0.1731	−0.768%	$101K	$183K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1730	−0.799%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1734	−0.593%	$8.6M	$485K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1731	−0.736%	$582K	$2.4M	10x	as long as short
BingX CASHCAT-USDT	+0.0100%	4h	0.1735	−0.524%	—	$1.0M	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CASHCATlong	+0.0100%	4h	0.1744	long leg	$1.5M	$1.6M	—
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1736	−0.438%	$78K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1730	−0.811%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1732	−0.719%	$519	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1743	−0.093%	$19K	$417K	10x	as long as short
Aster CASHCATUSDT	+0.0117%	1h	0.1731	−0.776%	$569K	$1.2M	10x	as long as short
Polymarket Perps CASHCAT-USD	+0.0206%	1h	0.1732	−0.679%	$68K	$1.2M	3x	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1734	−0.581%	$50K	$490K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1733	−0.617%	$91K	$473K	5x	as long as short
Nado CASHCAT-PERP	+0.0637%	1h	0.1734	−0.581%	$244K	$158K	5x	as long as short
edgeX CASHCATUSDC	+0.0775%	4h	0.1737	−0.391%	$52K	$171K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1824	+4.579%	$12K	$9K	5.5x	as long as short