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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1090%/8h= −119.3% APRnext payment $1.36 per $10,000 · paid last 24h −0.211%
Price spread now: Hyperliquid against Aster−0.374%7-day average +0.126% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.582%−$58 on $10k
Price spread, last 7 days+0.384%+$38 · spread now −0.374%, 7d avg +0.126%
Together, before fees−0.199%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Hyperliquid is 0.499% cheaper against Aster than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of +0.126%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.582% in total (about -38.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.36 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 CASHCATUSDT0.15720.1190pay 0.0149% / 1h52m 52s$525K$1.1M10x
ShortHyperliquid CASHCAT0.15660.0100get 0.0013% / 1h52m 52s$42.8M$20.0M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$228.88
Price spread: −0.374% → +0.126%
−$49.95
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$295.83
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 5 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.

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, 5 min ago7.30 bp27.6 bp −$28232.5 bp −$2,325doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago4.46 bpdoesn't fitdoesn'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−0.1440%1h0.1565−0.412%$1.1M$1.8M3xas long as short
Lighter RH CASHCAT+0.0096%1h0.1566−0.361%$318K$919K3xas long as short
Hyperliquid CASHCATshort+0.0100%1h0.1566−0.374%$42.8M$20.0M3x
Bybit CASHCATUSDT+0.0100%4h0.1571−0.036%$11.7M$19.0M10xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1566−0.380%$1.4M$2.0M20xas long as short
MEXC CASHCAT_USDT+0.0100%4h0.1570−0.100%$7.8M$511K20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1566−0.405%$551K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1582+0.662%$1.0M$1.7Mas long as short
SunX CASHCAT-USDT+0.0100%1h0.1562−0.640%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1565−0.475%$469$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1574+0.157%$18K$311K10xas long as short
Nado CASHCAT-PERP+0.0438%1h0.1562−0.634%$211K$183K5xas long as short
Extended CASHCAT-USD+0.0480%1h0.1566−0.391%$96K$743K5xas long as short
edgeX CASHCATUSDC+0.0742%4h0.1577+0.331%$48K$169K5xas long as short
BingX CASHCAT-USDT+0.0890%4h0.1572+0.002%$1.1Mas long as short
Polymarket Perps CASHCAT-USD+0.0913%1h0.1564−0.533%$66K$1.3M3xas long as short
OKX CASHCAT-USDT-SWAP+0.0971%4h0.1571−0.062%$1.4M$11.2M20xas long as short
Aster CASHCATUSDTlong+0.1190%1h0.1572long leg$525K$1.1M10x
BloFin CASHCAT-USDT+0.1265%4h0.1569−0.189%$52K$520K20xas long as short
ApeX Omni CASHCATUSDT+0.1874%1h0.1585+0.822%$72K$64K50xas long as short
Arcus CASHCAT-USD+0.2390%1h0.1573+0.090%$95K$267K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1596+1.529%$8K$18K5.5xas long as short