Funding you earn now, next payment 08:00 UTC−0.0950%/8h= −104.0% APRnext payment −$4.75 per $10,000 · paid last 24h −0.042%
Price spread now: Gate against BingX−0.233%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1841.843% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 7 days+0.188%+$19 · spread now −0.233%, 7d avg −0.096%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Gate is 0.137% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.096%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.75 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 | 0.1630 | 0.1050 | pay 0.0525% / 4h | 1h 50m | — | $1.1M | — |
| Short | Gate CASHCAT_USDT | 0.1626 | 0.0100 | get 0.0050% / 4h | 1h 50m | $1.5M | $2.0M | 20x |
BingX CASHCAT-USDT
Gate CASHCAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$199.5
- Price spread: −0.233% → −0.096%
- −$13.69
- Slippage, 4 orders
- −$159.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$397.54
- Costs to cover
- 1.843%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 2 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, 9 min ago | 9.19 bp | 22.9 bp −$23 | 87.8 bp −$878 | 498.9 bp −$49.9K | 834.7 bp −$417.4K |
| Sell Gate live order book, 2 min ago | 8.95 bp | 44.1 bp −$44 | 163.5 bp −$1,635 | 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 | +0.0088% | 1h | 0.1626 | −0.252% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1628 | −0.135% | $350K | $939K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1628 | −0.123% | $44.5M | $20.1M | 3x | as long as short |
| Gate CASHCAT_USDTshort | +0.0100% | 4h | 0.1626 | −0.233% | $1.5M | $2.0M | 20x | |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1626 | −0.215% | $568K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1627 | −0.170% | $1.0M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1623 | −0.429% | $74K | $59K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1622 | −0.512% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1624 | −0.350% | $487 | $1K | 3x | as long as short |
| MEXC CASHCAT_USDT | +0.0476% | 4h | 0.1628 | −0.110% | $8.1M | $526K | 20x | as long as short |
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
MEXC CASHCAT_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CASHCATUSDT | +0.0476% | 4h | 0.1631 | +0.055% | $12.3M | $19.1M | 10x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1628 | −0.134% | $103K | $751K | 5x | as long as short |
| HTX CASHCAT-USDT | +0.0488% | 1h | 0.1627 | −0.199% | $19K | $296K | 10x | as long as short |
| Nado CASHCAT-PERP | +0.0708% | 1h | 0.1620 | −0.589% | $206K | $193K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0968% | 1h | 0.1624 | −0.387% | $63K | $1.3M | 3x | as long as short |
| Arcus CASHCAT-USD | +0.0990% | 1h | 0.1633 | +0.206% | $101K | $280K | 5x | as long as short |
| BingX CASHCAT-USDTlong | +0.1050% | 4h | 0.1630 | long leg | — | $1.1M | — | |
| OKX CASHCAT-USDT-SWAP | +0.1104% | 4h | 0.1630 | 0.000% | $1.5M | $12.1M | 20x | as long as short |
| edgeX CASHCATUSDC | +0.1240% | 4h | 0.1624 | −0.357% | $49K | $169K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.1429% | 4h | 0.1624 | −0.368% | $52K | $557K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1557% | 1h | 0.1626 | −0.255% | $545K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1659 | +1.779% | $8K | $19K | 5.5x | as long as short |
Bybit CASHCATUSDT
Extended CASHCAT-USD
HTX CASHCAT-USDT
Nado CASHCAT-PERP
Polymarket Perps CASHCAT-USD
Arcus CASHCAT-USD
OKX CASHCAT-USDT-SWAP
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP