Funding you earn now, next payment 00:00 UTC−0.2774%/8h= −303.8% APRnext payment −$3.47 per $10,000 · paid last 24h +0.138%
Price spread now: Nado against Aster−0.309%7-day average −0.013% · 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−$187as in the Price arb table
costs, in and out, $10k−$1571.573% of the position
Funding, last 3 days (all we have)−0.005%$0 on $10k
+Price spread, last 3 days (all we have)+0.463%+$46 · spread now −0.309%, 7d avg −0.013%
=Together, before fees+0.458%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$83 a day on $10k at the current rate, and Nado is 0.296% cheaper against Aster than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.47 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 | Aster CASHCATUSDT | 0.1765 | 0.2992 | pay 0.0374% / 1h | 41m 16s | $579K | $1.1M | 10x |
| Short | Nado CASHCAT-PERP | 0.1760 | 0.0218 | get 0.0027% / 1h | 41m 16s | $248K | $155K | 5x |
Aster CASHCATUSDT
Nado CASHCAT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$582.59
- Price spread: −0.309% → −0.013%
- −$29.62
- Slippage, 4 orders
- −$149.25
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 0 bp × 2 orders
- $0
- Net
- −$769.46
- Costs to cover
- 1.573%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Nado: live order book, 36 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, 2 min ago | 9.65 bp | 25.9 bp −$26 | 178.9 bp −$1,789 | doesn't fit | doesn't fit |
| Sell Nado live order book, 36 min ago | 17.57 bp | 56.6 bp −$57 | 393.8 bp −$3,938 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1763 | −0.113% | $49.8M | $18.5M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1760 | −0.295% | $1.1M | $10.6M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1762 | −0.198% | $1.5M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1762 | −0.204% | $596K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1762 | −0.208% | $1.5M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1771 | +0.323% | $80K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1763 | −0.117% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1762 | −0.198% | $529 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1767 | +0.130% | $19K | $394K | 10x | as long as short |
| Nado CASHCAT-PERPshort | +0.0218% | 1h | 0.1760 | −0.309% | $248K | $155K | 5x |
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CASHCATUSDT | +0.0230% | 4h | 0.1762 | −0.164% | $13.2M | $18.1M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0242% | 4h | 0.1762 | −0.187% | $8.8M | $464K | 20x | as long as short |
| BingX CASHCAT-USDT | +0.0268% | 4h | 0.1763 | −0.125% | — | $1.0M | — | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1765 | −0.011% | $50K | $499K | 20x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0396% | 1h | 0.1763 | −0.108% | $66K | $1.2M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1763 | −0.119% | $103K | $469K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0726% | 4h | 0.1764 | −0.085% | $53K | $172K | 5x | as long as short |
| Lighter RH CASHCAT | +0.1280% | 1h | 0.1764 | −0.079% | $338K | $820K | 3x | as long as short |
| Arcus CASHCAT-USD | +0.1786% | 1h | 0.1760 | −0.282% | $121K | $217K | 5x | as long as short |
| Lighter CASHCAT | +0.2112% | 1h | 0.1764 | −0.057% | $1.3M | $1.9M | 3x | as long as short |
| Aster CASHCATUSDTlong | +0.2992% | 1h | 0.1765 | long leg | $579K | $1.1M | 10x | |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1850 | +4.804% | $12K | $9K | 5.5x | as long as short |
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
BingX CASHCAT-USDT
BloFin CASHCAT-USDT
Polymarket Perps CASHCAT-USD
Extended CASHCAT-USD
edgeX CASHCATUSDC
Lighter RH CASHCAT
Arcus CASHCAT-USD
Lighter CASHCAT
Injective CASHCAT/USDC PERP