Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.013%

Price spread now: Nado against BloFin−0.385%7-day average −0.144% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1491.490% of the position

Long on BloFin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.385%, 7d avg −0.144%

Together, before fees+0.219%+ Points / potential airdropNado: Active · farm board+$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.242% cheaper against BloFin than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.144%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CASHCAT-USDT	0.1687	0.0700	pay 0.0350% / 4h	1h 44m	$52K	$605K	20x
Short	Nado CASHCAT-PERP	0.1680	0.0708	get 0.0089% / 1h	44m 22s	$250K	$201K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 NadobpOrdersPrice spread, now −0.385%Rate

Funding earned: $1.71
Price spread: −0.385% → −0.144%: −$24.15
Slippage, 4 orders: −$137.01
Fee BloFin: 6 bp × 2 orders: −$12
Fee Nado: 0 bp × 2 orders: $0
Net: −$171.45
Costs to cover: 1.490%
Break-even: 708.6 days

Slippage from BloFin: live order book, 65 min ago; Nado: live order book, 1 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, 65 min ago	8.87 bp	16.5 bp −$17	53.0 bp −$530	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	20.49 bp	64.5 bp −$65	doesn't fit	doesn't fit	doesn't fit

CASHCAT on 22 exchanges

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
Injective CASHCAT/USDC PERP	+0.0033%	1h	0.1735	+2.845%	$8K	$18K	5.5x	as long as short
Aster CASHCATUSDT	+0.0073%	1h	0.1684	−0.173%	$548K	$861K	10x	as long as short
Lighter CASHCAT	+0.0088%	1h	0.1680	−0.439%	$1.1M	$1.5M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1683	−0.243%	$351K	$861K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1684	−0.184%	$46.5M	$19.4M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1686	−0.077%	$12.8M	$17.8M	10x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1691	+0.256%	$105K	$302K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1681	−0.368%	$1.5M	$1.7M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1685	−0.130%	$8.8M	$545K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1683	−0.249%	$613K	$2.4M	10x	as long as short

Show all 22 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CASHCAT	+0.0100%	4h	0.1687	+0.022%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1686	−0.083%	$76K	$65K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1684	−0.190%	$66K	$1.2M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1683	−0.212%	—	$1.7M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1684	−0.196%	$505	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1684	−0.149%	$20K	$207K	10x	as long as short
edgeX CASHCATUSDC	+0.0406%	4h	0.1689	+0.132%	$51K	$169K	5x	as long as short
BingX CASHCAT-USDT	+0.0438%	4h	0.1684	−0.178%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0453%	4h	0.1685	−0.119%	$1.3M	$12.3M	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1684	−0.192%	$244K	$866K	5x	as long as short
BloFin CASHCAT-USDTlong	+0.0700%	4h	0.1687	long leg	$52K	$605K	20x
Nado CASHCAT-PERPshort	+0.0708%	1h	0.1680	−0.385%	$250K	$201K	5x