Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h +0.037%

Price spread now: Extended against BingX+0.027%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1351.347% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.410%+$41 on $10k

Price spread, last 4 days (all we have)+0.936%+$94 · spread now +0.027%, 7d avg −0.026%

Together, before fees+1.346%+ Points / potential airdropExtended: Active · farm board+$135 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.053% dearer against BingX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.026%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.410%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX CASHCAT-USDT	0.1692	0.0522	pay 0.0261% / 4h	3h 37m	—	$1.1M	—
Short	Extended CASHCAT-USD	0.1692	0.0480	get 0.0060% / 1h	37m 43s	$242K	$886K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee ExtendedbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$8.82
Price spread: +0.027% → −0.026%: $5.27
Slippage, 4 orders: −$119.71
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$138.26
Costs to cover: 1.347%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Extended: live order book, 60 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, 7 min ago	5.95 bp	27.2 bp −$27	78.7 bp −$787	463.9 bp −$46.4K	901.2 bp −$450.6K
Sell Extended live order book, 60 min ago	19.34 bp	41.5 bp −$42	240.7 bp −$2,407	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 RH CASHCAT	+0.0096%	1h	0.1690	−0.095%	$350K	$944K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1692	0.000%	$46.6M	$20.6M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1691	−0.059%	$1.5M	$1.8M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1695	+0.183%	$8.6M	$533K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1692	+0.018%	$600K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1686	−0.330%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1690	−0.136%	$77K	$60K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1686	−0.355%	$66K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1686	−0.346%	—	$2.3M	10x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1725	+1.932%	$23K	$252K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CASHCATUSDT	+0.0127%	4h	0.1693	+0.047%	$12.7M	$19.2M	10x	as long as short
SoDEX CASHCAT-USD	+0.0128%	1h	0.1692	0.000%	$508	$1K	3x	as long as short
Lighter CASHCAT	+0.0472%	1h	0.1690	−0.130%	$1.1M	$1.7M	3x	as long as short
Extended CASHCAT-USDshort	+0.0480%	1h	0.1692	+0.027%	$242K	$886K	5x
BingX CASHCAT-USDTlong	+0.0522%	4h	0.1692	long leg	—	$1.1M	—
OKX CASHCAT-USDT-SWAP	+0.0540%	4h	0.1692	0.000%	$1.4M	$12.9M	20x	as long as short
BloFin CASHCAT-USDT	+0.0750%	4h	0.1689	−0.177%	$53K	$598K	20x	as long as short
edgeX CASHCATUSDC	+0.0929%	4h	0.1688	−0.217%	$51K	$168K	5x	as long as short
Nado CASHCAT-PERP	+0.1569%	1h	0.1689	−0.163%	$251K	$204K	5x	as long as short
Arcus CASHCAT-USD	+0.3849%	1h	0.1687	−0.275%	$104K	$313K	5x	as long as short
Aster CASHCATUSDT	+0.4184%	1h	0.1691	−0.035%	$549K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1712	+1.182%	$8K	$18K	5.5x	as long as short