Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0638%/8h= −69.8% APRpaid last 24h −0.143%

Price spread now: SunX against BloFin+0.055%55s7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$337as 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−$2842.838% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.529%−$53 on $10k

Price spread, last 4 days (all we have)+0.386%+$39 · spread now +0.055%, 7d avg −0.046%

Together, before fees−0.142%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.101% dearer against BloFin than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.046%): +$10 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.529% in total) that is about 32 hours. The two prices were read 55 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	0.1698	0.0738	pay 0.0369% / 4h	2h 11m	$52K	$607K	20x
Short	SunX CASHCAT-USDT	0.1699	0.0100	get 0.0013% / 1h	11m 46s	—	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$133.92
Price spread: +0.055% → −0.046%: $10.14
Slippage, 4 orders: −$263.84
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$407.62
Costs to cover: 2.838%
Break-even: never at this rate

Slippage from BloFin: live order book, 37 min ago; SunX: live order book, 8 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, 37 min ago	8.87 bp	16.5 bp −$17	53.0 bp −$530	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	82.50 bp	131.9 bp −$132	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
Lighter CASHCAT	+0.0096%	1h	0.1696	−0.088%	$1.2M	$1.6M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1699	+0.082%	$47.0M	$19.8M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1700	+0.130%	$13.0M	$18.6M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1698	−0.018%	$1.5M	$1.8M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1701	+0.153%	$8.8M	$583K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1699	+0.053%	$618K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1700	+0.099%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1694	−0.206%	$77K	$66K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1698	+0.006%	$66K	$1.2M	3x	as long as short
SunX CASHCAT-USDTshort	+0.0100%	1h	0.1699	+0.055%	—	$1.8M	10x

Show all 22 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CASHCAT-USD	+0.0100%	1h	0.1699	+0.047%	$510	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1699	+0.038%	$20K	$221K	10x	as long as short
Lighter RH CASHCAT	+0.0128%	1h	0.1700	+0.100%	$354K	$897K	3x	as long as short
BingX CASHCAT-USDT	+0.0476%	4h	0.1698	0.000%	—	$1.1M	—	as long as short
Aster CASHCATUSDT	+0.0477%	1h	0.1699	+0.071%	$553K	$967K	10x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1699	+0.074%	$245K	$872K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0482%	4h	0.1697	−0.059%	$1.3M	$12.6M	20x	as long as short
edgeX CASHCATUSDC	+0.0611%	4h	0.1701	+0.184%	$51K	$169K	5x	as long as short
BloFin CASHCAT-USDTlong	+0.0738%	4h	0.1698	long leg	$52K	$607K	20x
Nado CASHCAT-PERP	+0.0946%	1h	0.1697	−0.065%	$252K	$201K	5x	as long as short
Arcus CASHCAT-USD	+0.4530%	1h	0.1704	+0.337%	$105K	$307K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1735	+2.179%	$8K	$18K	5.5x	as long as short