CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0672%/8h= −73.6% APRnext payment −$3.36 per $10,000 · paid last 24h −0.072%

Price spread now: KuCoin against BloFin+0.365%50s7-day average −0.180% · you sell dearer than you buy

Net, funding: paid 7d − costs−$221as 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−$1781.783% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.429%−$43 on $10k

Price spread, last 4 days (all we have)−0.862%−$86 · spread now +0.365%, 7d avg −0.180%

Together, before fees−1.291%−$129 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.544% dearer against BloFin than usual: you sell high and buy low (spread +0.365% now, against its 7-day average of −0.180%): +$54 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.429% in total) that is about 8.9 days. The two prices were read 50 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 -0.429% in total (about -22.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.36 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	0.1644	0.0772	pay 0.0386% / 4h	1h 24m	$52K	$464K	20x
Short	KuCoin CASHCATUSDTM	0.1650	0.0100	get 0.0050% / 4h	1h 24m	$560K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.365%Rate

Funding earned: −$141.07
Price spread: +0.365% → −0.180%: $54.45
Slippage, 4 orders: −$154.25
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$264.88
Costs to cover: 1.783%
Break-even: never at this rate

Slippage from BloFin: live order book, 16 min ago; KuCoin: 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 BloFin live order book, 16 min ago	9.17 bp	20.1 bp −$20	56.1 bp −$561	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	7.61 bp	66.6 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
Nado CASHCAT-PERP	+0.0100%	1h	0.1648	+0.240%	$247K	$185K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1650	+0.341%	$44.9M	$19.2M	3x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1648	+0.263%	$114K	$220K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1649	+0.328%	$1.4M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1650	+0.365%	$560K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1644	−0.011%	$1.2M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1642	−0.116%	$74K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1644	−0.005%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1649	+0.310%	$495	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1649	+0.277%	$18K	$345K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CASHCAT-USD	+0.0223%	1h	0.1651	+0.401%	$66K	$1.2M	3x	as long as short
Extended CASHCAT-USD	+0.0336%	1h	0.1649	+0.326%	$100K	$499K	5x	as long as short
Bybit CASHCATUSDT	+0.0448%	4h	0.1653	+0.517%	$12.3M	$17.9M	10x	as long as short
MEXC CASHCAT_USDT	+0.0462%	4h	0.1652	+0.462%	$8.2M	$506K	20x	as long as short
BingX CASHCAT-USDT	+0.0512%	4h	0.1653	+0.547%	—	$1.0M	—	as long as short
Lighter RH CASHCAT	+0.0520%	1h	0.1651	+0.414%	$322K	$825K	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0549%	4h	0.1653	+0.547%	$1.3M	$10.6M	20x	as long as short
BloFin CASHCAT-USDTlong	+0.0772%	4h	0.1644	long leg	$52K	$464K	20x
Lighter CASHCAT	+0.0960%	1h	0.1651	+0.414%	$1.2M	$1.7M	3x	as long as short
edgeX CASHCATUSDC	+0.0977%	4h	0.1641	−0.155%	$49K	$169K	5x	as long as short
Aster CASHCATUSDT	+0.1032%	1h	0.1650	+0.347%	$551K	$1.0M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1663	+1.156%	$8K	$18K	5.5x	as long as short