Funding you earn now, next payment 00:00 UTC−0.0458%/8h= −50.2% APRnext payment −$2.29 per $10,000 · paid last 24h +0.048%
Price spread now: BingX against edgeX−0.323%55s7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as 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−$3643.641% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 3 days (all we have)+0.108%+$11 · spread now −0.323%, 7d avg −0.170%
=Together, before fees−0.125%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and BingX is 0.153% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.170%). Swap the legs. The two prices were read 55 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 -0.233% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.29 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 | edgeX CASHCATUSDC | 0.1764 | 0.0726 | pay 0.0363% / 4h | 40m 29s | $53K | $172K | 5x |
| Short | BingX CASHCAT-USDT | 0.1758 | 0.0268 | get 0.0134% / 4h | 40m 29s | — | $1.0M | — |
edgeX CASHCATUSDC
BingX CASHCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$96.19
- Price spread: −0.323% → −0.170%
- −$15.26
- Slippage, 4 orders
- −$345.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$475.55
- Costs to cover
- 3.641%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 min ago; BingX: live order book, 14 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 edgeX live order book, 36 min ago | 4.90 bp | 150.4 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 8.51 bp | 29.1 bp −$29 | 81.3 bp −$813 | 538.6 bp −$53.9K | 967.1 bp −$483.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1760 | −0.215% | $49.7M | $18.5M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1759 | −0.266% | $1.1M | $10.6M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1759 | −0.283% | $1.5M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1761 | −0.170% | $595K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1762 | −0.123% | $1.5M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1771 | +0.409% | $80K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1763 | −0.031% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1762 | −0.113% | $529 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1767 | +0.216% | $19K | $394K | 10x | as long as short |
| Bybit CASHCATUSDT | +0.0217% | 4h | 0.1760 | −0.221% | $13.2M | $18.1M | 10x | as long as short |
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Bybit CASHCATUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CASHCAT_USDT | +0.0228% | 4h | 0.1761 | −0.164% | $8.8M | $464K | 20x | as long as short |
| Nado CASHCAT-PERP | +0.0233% | 1h | 0.1756 | −0.408% | $248K | $155K | 5x | as long as short |
| BingX CASHCAT-USDTshort | +0.0268% | 4h | 0.1758 | −0.323% | — | $1.0M | — | |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1765 | +0.074% | $50K | $499K | 20x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0400% | 1h | 0.1760 | −0.192% | $66K | $1.2M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1759 | −0.249% | $103K | $469K | 5x | as long as short |
| edgeX CASHCATUSDClong | +0.0726% | 4h | 0.1764 | long leg | $53K | $172K | 5x | |
| Lighter RH CASHCAT | +0.1232% | 1h | 0.1762 | −0.096% | $338K | $820K | 3x | as long as short |
| Arcus CASHCAT-USD | +0.1786% | 1h | 0.1760 | −0.233% | $121K | $217K | 5x | as long as short |
| Lighter CASHCAT | +0.2112% | 1h | 0.1762 | −0.119% | $1.3M | $1.9M | 3x | as long as short |
| Aster CASHCATUSDT | +0.3018% | 1h | 0.1757 | −0.362% | $577K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1850 | +4.894% | $12K | $9K | 5.5x | as long as short |
MEXC CASHCAT_USDT
Nado CASHCAT-PERP
BloFin CASHCAT-USDT
Polymarket Perps CASHCAT-USD
Extended CASHCAT-USD
Lighter RH CASHCAT
Arcus CASHCAT-USD
Lighter CASHCAT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP