CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0682%/8h= +74.6% APRnext payment +$3.41 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against Bybit+0.134%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$1071.070% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.389%+$39 on $10k

Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.134%, 7d avg +0.006%

Together, before fees+0.252%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BloFin is 0.128% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.006%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.389% in total (about 20.3% 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	Bybit CASHCATUSDT	0.1573	0.0309	pay 0.0155% / 4h	37m 16s	$11.9M	$18.7M	10x
Short	BloFin CASHCAT-USDT	0.1575	0.0991	get 0.0495% / 4h	37m 16s	$52K	$485K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.134%Rate

Funding earned: $143.12
Price spread: +0.134% → +0.006%: $12.77
Slippage, 4 orders: −$84
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: $48.89
Costs to cover: 1.070%
Break-even: 4.6 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 64 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 Bybit live order book, 1 min ago	4.12 bp	25.5 bp −$26	91.7 bp −$917	doesn't fit	doesn't fit
Sell BloFin live order book, 64 min ago	9.17 bp	20.2 bp −$20	74.2 bp −$742	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
Lighter CASHCAT	−0.0040%	1h	0.1570	−0.178%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1571	−0.146%	$308K	$842K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1565	−0.512%	$211K	$203K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1566	−0.445%	$42.8M	$19.9M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1567	−0.356%	$1.3M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1565	−0.490%	$549K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1567	−0.384%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1564	−0.591%	$71K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1568	−0.313%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1570	−0.210%	$471	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1575	+0.129%	$17K	$336K	10x	as long as short
MEXC CASHCAT_USDT	+0.0302%	4h	0.1569	−0.223%	$7.8M	$518K	20x	as long as short
Bybit CASHCATUSDTlong	+0.0309%	4h	0.1573	long leg	$11.9M	$18.7M	10x
Extended CASHCAT-USD	+0.0480%	1h	0.1571	−0.136%	$96K	$614K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0594%	1h	0.1569	−0.242%	$63K	$1.3M	3x	as long as short
BingX CASHCAT-USDT	+0.0714%	4h	0.1573	+0.006%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0751%	4h	0.1572	−0.057%	$1.4M	$10.7M	20x	as long as short
edgeX CASHCATUSDC	+0.0859%	4h	0.1569	−0.263%	$47K	$169K	5x	as long as short
BloFin CASHCAT-USDTshort	+0.0991%	4h	0.1575	+0.134%	$52K	$485K	20x
Arcus CASHCAT-USD	+0.2181%	1h	0.1584	+0.689%	$99K	$255K	5x	as long as short
Aster CASHCATUSDT	+0.2456%	1h	0.1570	−0.178%	$522K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1617	+2.804%	$8K	$18K	5.5x	as long as short