Funding you earn now, next payment 05:00 UTC−0.1799%/8h= −197.0% APRnext payment −$2.25 per $10,000 · paid last 24h −0.036%
Price spread now: Nado against Arcus−0.021%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2752.749% of the position
Funding, last 3 days (all we have)−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.221%−$22 · spread now −0.021%, 7d avg −0.144%
=Together, before fees−0.385%+ Points / potential airdropNado: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.123% dearer against Arcus than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.144%): +$12 on $10k if it goes back. Holding the pair costs −$54 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 3 days (−0.164% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.164% in total (about -17.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus CASHCAT-USD | 0.1608 | 0.2486 | pay 0.0311% / 1h | 43m 59s | $97K | $264K | 5x |
| Short | Nado CASHCAT-PERP | 0.1607 | 0.0687 | get 0.0086% / 1h | 43m 59s | $217K | $188K | 5x |
Arcus CASHCAT-USD
Nado CASHCAT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Arcus. 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
- −$377.76
- Price spread: −0.021% → −0.144%
- $12.32
- Slippage, 4 orders
- −$270.4
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Nado: 0 bp × 2 orders
- $0
- Net
- −$640.34
- Costs to cover
- 2.749%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 9 min ago; Nado: live order book, 8 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 Arcus live order book, 9 min ago | 24.30 bp | 99.9 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 8 min ago | 21.16 bp | 55.9 bp −$56 | doesn't fit | 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 | 0.1608 | −0.015% | $1.1M | $1.8M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1610 | +0.165% | $12.0M | $18.8M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1607 | −0.046% | $1.4M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1610 | +0.134% | $8.0M | $518K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1609 | +0.066% | $559K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1609 | +0.055% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1607 | −0.046% | $73K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1610 | +0.169% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1607 | −0.071% | $18K | $322K | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0101% | 1h | 0.1610 | +0.116% | $483 | $1K | 3x | as long as short |
Lighter CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
HTX CASHCAT-USDT
SoDEX CASHCAT-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0105% | 1h | 0.1610 | +0.141% | $44.0M | $19.9M | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0256% | 4h | 0.1606 | −0.096% | $49K | $170K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1610 | +0.140% | $169K | $675K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0600% | 1h | 0.1609 | +0.053% | $66K | $1.3M | 3x | as long as short |
| Nado CASHCAT-PERPshort | +0.0687% | 1h | 0.1607 | −0.021% | $217K | $188K | 5x | |
| Lighter RH CASHCAT | +0.0904% | 1h | 0.1610 | +0.153% | $307K | $875K | 3x | as long as short |
| BingX CASHCAT-USDT | +0.0958% | 4h | 0.1611 | +0.203% | — | $1.0M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0997% | 4h | 0.1611 | +0.203% | $1.5M | $11.2M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1312% | 4h | 0.1609 | +0.078% | $52K | $500K | 20x | as long as short |
| Arcus CASHCAT-USDlong | +0.2486% | 1h | 0.1608 | long leg | $97K | $264K | 5x | |
| Aster CASHCATUSDT | +0.3159% | 1h | 0.1607 | −0.040% | $537K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1631 | +1.447% | $8K | $18K | 5.5x | as long as short |
Hyperliquid CASHCAT
edgeX CASHCATUSDC
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
Lighter RH CASHCAT
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP