Funding you earn now, next payment 10:00 UTC−0.0562%/8h= −61.5% APRpaid last 24h −0.065%
Price spread now: HTX against BingX−0.198%52s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$752as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$7307.298% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 4 days (all we have)+1.065%+$107 · spread now −0.198%, 7d avg +0.028%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and HTX is 0.226% cheaper against BingX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.028%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment. 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 | 0.1718 | 0.0662 | pay 0.0331% / 4h | 2h 57m | — | $1.1M | — |
| Short | HTX CASHCAT-USDT | 0.1715 | 0.0100 | get 0.0013% / 1h | 57m 17s | $20K | $227K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$118.02
- Price spread: −0.198% → +0.028%
- −$22.64
- Slippage, 4 orders
- −$707.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$870.5
- Costs to cover
- 7.298%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; HTX: live order book, 34 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, 8 min ago | 5.78 bp | 30.5 bp −$31 | 98.4 bp −$984 | 618.9 bp −$61.9K | 1127.5 bp −$563.7K |
| Sell HTX live order book, 34 min ago | 110.68 bp | 339.6 bp −$340 | doesn't fit | 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 | −0.0128% | 1h | 0.1711 | −0.437% | $1.2M | $1.6M | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1715 | −0.151% | $47.4M | $20.3M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1711 | −0.425% | $1.6M | $1.8M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1711 | −0.390% | $627K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1732 | +0.825% | $1.2M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1733 | +0.850% | $84K | $64K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1710 | −0.483% | $67K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1717 | −0.079% | — | $2.1M | 10x | as long as short |
| HTX CASHCAT-USDTshort | +0.0100% | 1h | 0.1715 | −0.198% | $20K | $227K | 10x | |
| Lighter RH CASHCAT | +0.0152% | 1h | 0.1711 | −0.390% | $356K | $880K | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CASHCAT-USD | +0.0259% | 1h | 0.1712 | −0.349% | $514 | $1K | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1716 | −0.097% | $246K | $870K | 5x | as long as short |
| Bybit CASHCATUSDT | +0.0490% | 4h | 0.1716 | −0.105% | $13.1M | $19.1M | 10x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0524% | 4h | 0.1718 | 0.000% | $1.4M | $12.8M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0538% | 4h | 0.1714 | −0.233% | $8.8M | $542K | 20x | as long as short |
| BingX CASHCAT-USDTlong | +0.0662% | 4h | 0.1718 | long leg | — | $1.1M | — | |
| BloFin CASHCAT-USDT | +0.0765% | 4h | 0.1730 | +0.698% | $52K | $613K | 20x | as long as short |
| edgeX CASHCATUSDC | +0.1124% | 4h | 0.1724 | +0.376% | $52K | $167K | 5x | as long as short |
| Nado CASHCAT-PERP | +0.1570% | 1h | 0.1713 | −0.320% | $255K | $205K | 5x | as long as short |
| Aster CASHCATUSDT | +0.4050% | 1h | 0.1714 | −0.239% | $568K | $1.0M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.4530% | 1h | 0.1718 | +0.015% | $106K | $309K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1735 | +0.990% | $8K | $18K | 5.5x | as long as short |
BingX CASHCAT-USDT
HTX CASHCAT-USDT
Lighter CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
Lighter RH CASHCAT
SoDEX CASHCAT-USD
Extended CASHCAT-USD
Bybit CASHCATUSDT
OKX CASHCAT-USDT-SWAP
MEXC CASHCAT_USDT
BloFin CASHCAT-USDT
edgeX CASHCATUSDC
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP