Funding you earn now, next payment 05:00 UTC−0.3284%/8h= −359.6% APRpaid last 24h −0.183%
Price spread now: Bybit against Aster−0.031%7-day average +0.133% · 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−$148as in the Price arb table
costs, in and out, $10k−$1311.314% of the position
Funding, last 6 days (all we have)−0.893%−$89 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.031%, 7d avg +0.133%
=Together, before fees−0.851%+ Points / potential airdropAster: Stage 5 · farm board−$85 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$99 a day on $10k at the current rate, and Bybit is 0.164% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.133%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.893% in total (about -59.0% a year). A funding rate is set anew for every payment. 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 | Aster CASHCATUSDT | 0.1599 | 0.3384 | pay 0.0423% / 1h | 22m 44s | $534K | $1.1M | 10x |
| Short | Bybit CASHCATUSDT | 0.1599 | 0.0100 | get 0.0050% / 4h | 3h 22m | $11.9M | $18.8M | 10x |
Aster CASHCATUSDT
Bybit CASHCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$689.66
- Price spread: −0.031% → +0.133%
- −$16.42
- Slippage, 4 orders
- −$112.36
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$837.44
- Costs to cover
- 1.314%
- Break-even
- never at this rate
Slippage from Aster: live order book, just now; Bybit: live order book, 1 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 Aster live order book, just now | 10.02 bp | 28.9 bp −$29 | 231.2 bp −$2,312 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.18 bp | 45.7 bp −$46 | 118.7 bp −$1,187 | 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 | 0.1597 | −0.150% | $1.1M | $1.9M | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1598 | −0.038% | $43.7M | $19.9M | 3x | as long as short |
| Bybit CASHCATUSDTshort | +0.0100% | 4h | 0.1599 | −0.031% | $11.9M | $18.8M | 10x | |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1600 | +0.056% | $1.4M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1600 | +0.069% | $7.9M | $521K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1601 | +0.119% | $561K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1608 | +0.541% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1607 | +0.469% | $73K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1603 | +0.218% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1602 | +0.206% | $481 | $1K | 3x | as long as short |
Lighter CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1603 | +0.247% | $18K | $318K | 10x | as long as short |
| Lighter RH CASHCAT | +0.0352% | 1h | 0.1600 | +0.044% | $314K | $902K | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1603 | +0.215% | $168K | $673K | 5x | as long as short |
| Nado CASHCAT-PERP | +0.0658% | 1h | 0.1598 | −0.056% | $216K | $180K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0747% | 1h | 0.1602 | +0.169% | $66K | $1.3M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0917% | 4h | 0.1597 | −0.131% | $1.4M | $11.2M | 20x | as long as short |
| BingX CASHCAT-USDT | +0.0927% | 4h | 0.1598 | −0.069% | — | $1.0M | — | as long as short |
| edgeX CASHCATUSDC | +0.0930% | 4h | 0.1610 | +0.701% | $49K | $169K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.1221% | 4h | 0.1601 | +0.119% | $52K | $528K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2486% | 1h | 0.1607 | +0.468% | $97K | $265K | 5x | as long as short |
| Aster CASHCATUSDTlong | +0.3384% | 1h | 0.1599 | long leg | $534K | $1.1M | 10x | |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1636 | +2.308% | $8K | $18K | 5.5x | as long as short |
HTX CASHCAT-USDT
Lighter RH CASHCAT
Extended CASHCAT-USD
Nado CASHCAT-PERP
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BingX CASHCAT-USDT
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP