CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1054%/8h= −115.4% APRnext payment −$5.27 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against BingX−0.047%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$208as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$1961.965% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.117%−$12 on $10k

Price spread, last 7 days+0.175%+$17 · spread now −0.047%, 7d avg −0.009%

Together, before fees+0.058%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and KuCoin is 0.038% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.117% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.27 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	0.1691	0.1154	pay 0.0577% / 4h	3h 22m	—	$1.0M	—
Short	KuCoin CASHCATUSDTM	0.1690	0.0100	get 0.0050% / 4h	3h 22m	$597K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$221.34
Price spread: −0.047% → −0.009%: −$3.78
Slippage, 4 orders: −$174.48
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$421.6
Costs to cover: 1.965%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 4 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, 2 min ago	2.94 bp	36.1 bp −$36	86.9 bp −$869	506.5 bp −$50.6K	954.7 bp −$477.3K
Sell KuCoin live order book, 4 min ago	5.30 bp	66.9 bp −$67	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 RH CASHCAT	+0.0096%	1h	0.1691	+0.018%	$329K	$845K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1690	−0.059%	$257K	$186K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1690	−0.041%	$46.5M	$20.5M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1689	−0.142%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1690	−0.047%	$597K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1700	+0.539%	$1.4M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1696	+0.325%	$77K	$72K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1691	0.000%	$68K	$1.2M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1689	−0.100%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1690	−0.053%	$507	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1695	+0.260%	$18K	$374K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1688	−0.149%	$118K	$482K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0247%	4h	0.1691	0.000%	$1.2M	$10.7M	20x	as long as short
BloFin CASHCAT-USDT	+0.0472%	4h	0.1692	+0.059%	$51K	$508K	20x	as long as short
Bybit CASHCATUSDT	+0.0866%	4h	0.1690	−0.053%	$12.9M	$18.6M	10x	as long as short
MEXC CASHCAT_USDT	+0.0906%	4h	0.1691	0.000%	$8.5M	$489K	20x	as long as short
Lighter CASHCAT	+0.1024%	1h	0.1692	+0.083%	$1.2M	$1.9M	3x	as long as short
BingX CASHCAT-USDTlong	+0.1154%	4h	0.1691	long leg	—	$1.0M	—
edgeX CASHCATUSDC	+0.1656%	4h	0.1698	+0.426%	$51K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.1813%	1h	0.1691	+0.018%	$559K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.3384%	1h	0.1692	+0.082%	$117K	$219K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1717	+1.538%	$9K	$12K	5.5x	as long as short