Funding you earn now, next payment 04:00 UTC+0.0682%/8h= +74.7% APRnext payment +$3.41 per $10,000 · paid last 24h −0.070%
Price spread now: BingX against BloFin−0.235%51s7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as 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−$1121.121% of the position
Funding, last 7 days−0.311%−$31 on $10k
+Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.235%, 7d avg −0.060%
=Funding pays, the price is against you. BingX is 0.175% cheaper against BloFin than usual: you would sell low and buy high (spread −0.235% now, against its 7-day average of −0.060%). If the spread goes back, that is −$18 on $10k: about 21 hours of funding at the current rate (+$20 a day). Mind the row above: over the last 7 days funding on this pair cost −0.311%, so the current rate has only just turned in your favour. The two prices were read 51 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 -0.311% in total (about -16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.41 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 | BloFin CASHCAT-USDT | 0.1700 | 0.0472 | pay 0.0236% / 4h | 3h 24m | $51K | $510K | 20x |
| Short | BingX CASHCAT-USDT | 0.1696 | 0.1154 | get 0.0577% / 4h | 3h 24m | — | $1.0M | — |
BloFin CASHCAT-USDT
BingX CASHCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $143.28
- Price spread: −0.235% → −0.060%
- −$17.52
- Slippage, 4 orders
- −$90.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $13.67
- Costs to cover
- 1.121%
- Break-even
- 6.3 days
Slippage from BloFin: live order book, 46 min ago; BingX: live order book, just now.
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 BloFin live order book, 46 min ago | 2.89 bp | 22.9 bp −$23 | 61.2 bp −$612 | doesn't fit | doesn't fit |
| Sell BingX live order book, just now | 2.94 bp | 26.3 bp −$26 | 80.5 bp −$805 | 548.1 bp −$54.8K | 990.5 bp −$495.2K |
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 | 0.1699 | −0.076% | $330K | $845K | 3x | as long as short |
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1694 | −0.353% | $257K | $186K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1693 | −0.394% | $46.6M | $20.4M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1693 | −0.435% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1694 | −0.329% | $599K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1700 | +0.007% | $1.4M | $1.5M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1696 | −0.206% | $77K | $72K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1695 | −0.300% | $68K | $1.2M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1693 | −0.421% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1694 | −0.353% | $508 | $1K | 3x | as long as short |
Lighter RH CASHCAT
Nado CASHCAT-PERP
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USDShow 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 | −0.271% | $18K | $375K | 10x | as long as short |
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1695 | −0.266% | $101K | $465K | 5x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0231% | 4h | 0.1696 | −0.235% | $1.2M | $10.7M | 20x | as long as short |
| BloFin CASHCAT-USDTlong | +0.0472% | 4h | 0.1700 | long leg | $51K | $510K | 20x | |
| Bybit CASHCATUSDT | +0.0908% | 4h | 0.1696 | −0.206% | $12.9M | $18.6M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0984% | 4h | 0.1697 | −0.188% | $8.5M | $489K | 20x | as long as short |
| Lighter CASHCAT | +0.1072% | 1h | 0.1700 | +0.012% | $1.2M | $1.9M | 3x | as long as short |
| BingX CASHCAT-USDTshort | +0.1154% | 4h | 0.1696 | −0.235% | — | $1.0M | — | |
| edgeX CASHCATUSDC | +0.1652% | 4h | 0.1699 | −0.070% | $51K | $171K | 5x | as long as short |
| Aster CASHCATUSDT | +0.1774% | 1h | 0.1696 | −0.217% | $561K | $1.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.3384% | 1h | 0.1696 | −0.236% | $117K | $219K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1717 | +1.000% | $9K | $12K | 5.5x | as long as short |
HTX CASHCAT-USDT
Extended CASHCAT-USD
OKX CASHCAT-USDT-SWAP
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
Lighter CASHCAT
edgeX CASHCATUSDC
Aster CASHCATUSDT
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP