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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.2219%/8h= −243.0% APRnext payment $2.77 per $10,000 · paid last 24h +0.157%
Price spread now: Arcus against Aster−0.026%7-day average +0.142% · you buy dearer than you sell
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−$2092.088% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.161%+$16 on $10k
Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.026%, 7d avg +0.142%
Together, before fees+0.402%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$67 a day on $10k at the current rate, and Arcus is 0.169% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.142%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.161%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.161% in total (about 17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.77 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
LongAster CASHCATUSDT0.17470.2319pay 0.0290% / 1h4m 07s$574K$1.1M10x
ShortArcus CASHCAT-USD0.17460.0100get 0.0013% / 1h4m 07s$120K$213K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Aster. 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
−$466.08
Price spread: −0.026% → +0.142%
−$16.87
Slippage, 4 orders
−$196.29
Fee Aster: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$691.75
Costs to cover
2.088%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Arcus: live order book, 14 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 Aster live order book, 4 min ago8.63 bp28.2 bp −$28178.5 bp −$1,785doesn't fitdoesn't fit
Sell Arcus live order book, 14 min ago21.38 bp40.8 bp −$41doesn'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 CASHCAT+0.0096%1h0.1749+0.120%$1.3M$2.0M3xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1747+0.028%$49.4M$18.5M3xas long as short
OKX CASHCAT-USDT-SWAP+0.0100%4h0.1749+0.125%$1.1M$10.6M20xas long as short
Arcus CASHCAT-USDshort+0.0100%1h0.1746−0.026%$120K$213K5x
Gate CASHCAT_USDT+0.0100%4h0.1747+0.028%$1.5M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1746−0.052%$590K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1744−0.157%$1.5M$1.6Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1739−0.470%$78K$72K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1748+0.070%$2.6M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1747−0.012%$524$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1742−0.258%$18K$398K10xas long as short
BingX CASHCAT-USDT+0.0164%4h0.1749+0.125%$1.0Mas long as short
Bybit CASHCATUSDT+0.0180%4h0.1749+0.143%$13.1M$18.2M10xas long as short
MEXC CASHCAT_USDT+0.0192%4h0.1749+0.154%$8.7M$469K20xas long as short
BloFin CASHCAT-USDT+0.0340%4h0.1748+0.068%$50K$492K20xas long as short
Lighter RH CASHCAT+0.0360%1h0.1749+0.137%$340K$825K3xas long as short
Nado CASHCAT-PERP+0.0365%1h0.1745−0.081%$246K$157K5xas long as short
edgeX CASHCATUSDC+0.0473%4h0.1743−0.244%$52K$171K5xas long as short
Extended CASHCAT-USD+0.0480%1h0.1747+0.017%$96K$465K5xas long as short
Polymarket Perps CASHCAT-USD+0.0485%1h0.1748+0.091%$66K$1.2M3xas long as short
Aster CASHCATUSDTlong+0.2319%1h0.1747long leg$574K$1.1M10x
Injective CASHCAT/USDC PERP+0.5000%1h0.1834+4.991%$12K$9K5.5xas long as short