Funding you earn now, next payment 04:00 UTC−0.0634%/8h= −69.5% APRnext payment −$3.17 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against BingX+0.219%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days−0.156%−$16 · spread now +0.219%, 7d avg +0.084%
=The price spread pays, funding is against you. Bybit is 0.135% dearer against BingX than usual: you sell high and buy low (spread +0.219% now, against its 7-day average of +0.084%): +$13 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.078% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.17 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 | BingX CASHCAT-USDT | 0.1596 | 0.0792 | pay 0.0396% / 4h | 15m 51s | — | $1.0M | — |
| Short | Bybit CASHCATUSDT | 0.1600 | 0.0158 | get 0.0079% / 4h | 15m 51s | $12.1M | $18.7M | 10x |
BingX CASHCAT-USDT
Bybit CASHCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$133.21
- Price spread: +0.219% → +0.084%
- $13.49
- Slippage, 4 orders
- −$112.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$252.86
- Costs to cover
- 1.331%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Bybit: live order book, 3 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 BingX live order book, 13 min ago | 9.40 bp | 24.2 bp −$24 | 90.3 bp −$903 | 540.3 bp −$54.0K | 992.5 bp −$496.3K |
| Sell Bybit live order book, 3 min ago | 3.13 bp | 36.3 bp −$36 | 107.6 bp −$1,076 | 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 | 0.1598 | +0.125% | $1.1M | $1.9M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1601 | +0.320% | $315K | $848K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1598 | +0.125% | $43.7M | $20.0M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1594 | −0.150% | $1.3M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1595 | −0.050% | $555K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1601 | +0.286% | $1.1M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1595 | −0.063% | $72K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1598 | +0.130% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1599 | +0.163% | $480 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1595 | −0.050% | $18K | $330K | 10x | as long as short |
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0141% | 1h | 0.1597 | +0.047% | $216K | $202K | 5x | as long as short |
| Bybit CASHCATUSDTshort | +0.0158% | 4h | 0.1600 | +0.219% | $12.1M | $18.7M | 10x | |
| MEXC CASHCAT_USDT | +0.0168% | 4h | 0.1598 | +0.100% | $7.9M | $523K | 20x | as long as short |
| edgeX CASHCATUSDC | +0.0210% | 4h | 0.1601 | +0.303% | $48K | $170K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1598 | +0.108% | $98K | $608K | 5x | as long as short |
| BingX CASHCAT-USDTlong | +0.0792% | 4h | 0.1596 | long leg | — | $1.0M | — | |
| Polymarket Perps CASHCAT-USD | +0.0828% | 1h | 0.1600 | +0.244% | $64K | $1.3M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0849% | 4h | 0.1599 | +0.188% | $1.4M | $11.0M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1096% | 4h | 0.1605 | +0.564% | $52K | $502K | 20x | as long as short |
| Aster CASHCATUSDT | +0.2106% | 1h | 0.1594 | −0.138% | $530K | $1.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.2181% | 1h | 0.1600 | +0.229% | $96K | $264K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1618 | +1.378% | $8K | $18K | 5.5x | as long as short |
Nado CASHCAT-PERP
MEXC CASHCAT_USDT
edgeX CASHCATUSDC
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP