Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.103%

Price spread now: Extended against Bybit−0.107%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$163as in the Price arb table

costs, in and out, $10k−$1591.591% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.537%+$54 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.107%, 7d avg −0.066%

Together, before fees+0.587%+ Points / potential airdropExtended: Active · farm board+$59 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.040% cheaper against Bybit than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.066%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CASHCATUSDT	0.1570	0.0100	pay 0.0050% / 4h	2h 47m	$11.7M	$19.0M	10x
Short	Extended CASHCAT-USD	0.1569	0.0480	get 0.0060% / 1h	47m 47s	$96K	$743K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.107%Rate

Funding earned: $79.8
Price spread: −0.107% → −0.066%: −$4.02
Slippage, 4 orders: −$143.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$83.29
Costs to cover: 1.591%
Break-even: 14.3 days

Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 65 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	2.22 bp	35.8 bp −$36	119.9 bp −$1,199	doesn't fit	doesn't fit
Sell Extended live order book, 65 min ago	18.08 bp	43.9 bp −$44	285.8 bp −$2,858	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	−0.0952%	1h	0.1565	−0.318%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1568	−0.140%	$319K	$919K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1569	−0.102%	$42.8M	$20.0M	3x	as long as short
Bybit CASHCATUSDTlong	+0.0100%	4h	0.1570	long leg	$11.7M	$19.0M	10x
Gate CASHCAT_USDT	+0.0100%	4h	0.1568	−0.191%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1571	+0.051%	$7.8M	$511K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1569	−0.096%	$552K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1574	+0.247%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1570	−0.064%	$71K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1570	−0.031%	—	$2.4M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CASHCAT-USD	+0.0100%	1h	0.1570	−0.064%	$471	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1572	+0.081%	$18K	$310K	10x	as long as short
edgeX CASHCATUSDC	+0.0274%	4h	0.1569	−0.093%	$48K	$169K	5x	as long as short
Nado CASHCAT-PERP	+0.0367%	1h	0.1568	−0.146%	$212K	$182K	5x	as long as short
Aster CASHCATUSDT	+0.0444%	1h	0.1569	−0.096%	$524K	$1.1M	10x	as long as short
Extended CASHCAT-USDshort	+0.0480%	1h	0.1569	−0.107%	$96K	$743K	5x
Polymarket Perps CASHCAT-USD	+0.0746%	1h	0.1571	+0.006%	$67K	$1.3M	3x	as long as short
BingX CASHCAT-USDT	+0.0924%	4h	0.1571	+0.032%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0999%	4h	0.1572	+0.096%	$1.4M	$11.2M	20x	as long as short
BloFin CASHCAT-USDT	+0.1291%	4h	0.1574	+0.223%	$52K	$522K	20x	as long as short
Arcus CASHCAT-USD	+0.2390%	1h	0.1576	+0.332%	$95K	$268K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1596	+1.624%	$8K	$18K	5.5x	as long as short