Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0542%/8h= −59.3% APRpaid last 24h −0.072%

Price spread now: HTX against BloFin−0.275%719s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$643as 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−$5975.966% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.469%−$47 on $10k

Price spread, last 3 days (all we have)+0.401%+$40 · spread now −0.275%, 7d avg −0.021%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and HTX is 0.254% cheaper against BloFin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 719 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CASHCAT-USDT	0.1672	0.0642	pay 0.0321% / 4h	2h 37m	$51K	$490K	20x
Short	HTX CASHCAT-USDT	0.1667	0.0100	get 0.0013% / 1h	37m 10s	$18K	$369K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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 BloFinbpFee HTXbpOrdersPrice spread, now −0.275%Rate

Funding earned: −$113.77
Price spread: −0.275% → −0.021%: −$25.42
Slippage, 4 orders: −$572.59
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$735.78
Costs to cover: 5.966%
Break-even: never at this rate

Slippage from BloFin: live order book, 29 min ago; HTX: live order book, 31 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 BloFin live order book, 29 min ago	11.81 bp	31.6 bp −$32	70.1 bp −$701	doesn't fit	doesn't fit
Sell HTX live order book, 31 min ago	19.89 bp	264.0 bp −$264	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
Nado CASHCAT-PERP	+0.0100%	1h	0.1665	−0.407%	$249K	$189K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1664	−0.467%	$45.6M	$20.4M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1664	−0.478%	$1.4M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1665	−0.437%	$588K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1667	−0.309%	$1.4M	$1.4M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1669	−0.167%	$75K	$64K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1665	−0.395%	$67K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1666	−0.364%	—	$2.5M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1664	−0.490%	$499	$1K	3x	as long as short
HTX CASHCAT-USDTshort	+0.0100%	1h	0.1667	−0.275%	$18K	$369K	10x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CASHCAT-USD	+0.0104%	1h	0.1666	−0.369%	$116K	$479K	5x	as long as short
Lighter RH CASHCAT	+0.0336%	1h	0.1665	−0.437%	$323K	$810K	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0419%	4h	0.1667	−0.299%	$1.3M	$10.8M	20x	as long as short
Lighter CASHCAT	+0.0480%	1h	0.1665	−0.437%	$1.2M	$1.7M	3x	as long as short
BloFin CASHCAT-USDTlong	+0.0642%	4h	0.1672	long leg	$51K	$490K	20x
MEXC CASHCAT_USDT	+0.1202%	4h	0.1664	−0.467%	$8.3M	$496K	20x	as long as short
Bybit CASHCATUSDT	+0.1263%	4h	0.1666	−0.329%	$12.6M	$18.6M	10x	as long as short
BingX CASHCAT-USDT	+0.1280%	4h	0.1668	−0.239%	—	$1.0M	—	as long as short
edgeX CASHCATUSDC	+0.1464%	4h	0.1662	−0.610%	$50K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.1534%	1h	0.1662	−0.585%	$549K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2842%	1h	0.1664	−0.452%	$115K	$224K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1693	+1.256%	$8K	$12K	5.5x	as long as short