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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1306%/8h= −143.0% APRnext payment $1.63 per $10,000 · paid last 24h −0.075%
Price spread now: Extended against Arcus+0.153%7-day average −0.100% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2512.512% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.166%−$17 on $10k
Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.153%, 7d avg −0.100%
Together, before fees−0.327%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.253% dearer against Arcus than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.100%): +$25 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.166% in total) that is about 5.2 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.166% in total (about -17.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.63 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
LongArcus CASHCAT-USD0.17600.1786pay 0.0223% / 1h41m 37s$121K$217K5x
ShortExtended CASHCAT-USD0.17630.0480get 0.0060% / 1h41m 37s$103K$469K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Arcus. 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
−$274.21
Price spread: +0.153% → −0.100%
$25.31
Slippage, 4 orders
−$241.66
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$500.06
Costs to cover
2.512%
Break-even
never at this rate
Slippage from Arcus: live order book, 37 min ago; Extended: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 37 min ago21.38 bp117.8 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 36 min ago20.21 bp44.5 bp −$45279.8 bp −$2,798doesn'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
Hyperliquid CASHCAT+0.0100%1h0.1764+0.186%$49.8M$18.5M3xas long as short
OKX CASHCAT-USDT-SWAP+0.0100%4h0.1761+0.044%$1.1M$10.7M20xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1762+0.095%$1.5M$1.9M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1761+0.055%$596K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1762+0.074%$1.5M$1.6Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1771+0.606%$80K$72K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1761+0.037%$2.6M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1762+0.129%$529$1K3xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1759−0.059%$19K$394K10xas long as short
Nado CASHCAT-PERP+0.0218%1h0.1760−0.027%$248K$155K5xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CASHCATUSDT+0.0230%4h0.1764+0.226%$13.2M$18.1M10xas long as short
MEXC CASHCAT_USDT+0.0242%4h0.1765+0.248%$8.8M$464K20xas long as short
BingX CASHCAT-USDT+0.0268%4h0.1762+0.101%$1.0Mas long as short
BloFin CASHCAT-USDT+0.0340%4h0.1759−0.070%$50K$497K20xas long as short
Polymarket Perps CASHCAT-USD+0.0404%1h0.1762+0.123%$66K$1.2M3xas long as short
Extended CASHCAT-USDshort+0.0480%1h0.1763+0.153%$103K$469K5x
edgeX CASHCATUSDC+0.0726%4h0.1764+0.197%$53K$172K5xas long as short
Lighter RH CASHCAT+0.1280%1h0.1764+0.203%$338K$820K3xas long as short
Arcus CASHCAT-USDlong+0.1786%1h0.1760long leg$121K$217K5x
Lighter CASHCAT+0.2080%1h0.1764+0.203%$1.3M$1.9M3xas long as short
Aster CASHCATUSDT+0.2992%1h0.1763+0.144%$578K$1.1M10xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1850+5.100%$12K$9K5.5xas long as short