Funding you earn now, next payment 08:00 UTC−0.0389%/8h= −42.6% APRnext payment −$1.95 per $10,000 · paid last 24h −0.065%
Price spread now: Bybit against edgeX−0.218%51s7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$403as 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−$3703.697% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 4 days (all we have)−0.863%−$86 · spread now −0.218%, 7d avg −0.146%
=Together, before fees−1.200%+ Points / potential airdropedgeX: Active · farm board−$120 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bybit is 0.072% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.146%). Swap the legs. The two prices were read 51 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 | edgeX CASHCATUSDC | 0.1672 | 0.0489 | pay 0.0245% / 4h | 24m 41s | $51K | $168K | 5x |
| Short | Bybit CASHCATUSDT | 0.1668 | 0.0100 | get 0.0050% / 4h | 24m 41s | $12.4M | $19.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$81.75
- Price spread: −0.218% → −0.146%
- −$7.19
- Slippage, 4 orders
- −$349.65
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$458.6
- Costs to cover
- 3.697%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 12 min ago; Bybit: live order book, 9 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, 12 min ago | 5.75 bp | 135.3 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 3.31 bp | 39.7 bp −$40 | 128.7 bp −$1,287 | 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 | +0.0096% | 1h | 0.1666 | −0.343% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1668 | −0.247% | $350K | $970K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1669 | −0.188% | $45.9M | $20.5M | 3x | as long as short |
| Bybit CASHCATUSDTshort | +0.0100% | 4h | 0.1668 | −0.218% | $12.4M | $19.2M | 10x | |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1666 | −0.317% | $107K | $312K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1666 | −0.367% | $1.5M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1670 | −0.116% | $8.4M | $537K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1667 | −0.259% | $581K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1673 | +0.063% | $1.1M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1665 | −0.379% | $75K | $60K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1669 | −0.166% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1670 | −0.089% | $22K | $275K | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0138% | 1h | 0.1667 | −0.265% | $500 | $1K | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1669 | −0.189% | $239K | $884K | 5x | as long as short |
| edgeX CASHCATUSDClong | +0.0489% | 4h | 0.1672 | long leg | $51K | $168K | 5x | |
| Polymarket Perps CASHCAT-USD | +0.0649% | 1h | 0.1668 | −0.212% | $66K | $1.4M | 3x | as long as short |
| BingX CASHCAT-USDT | +0.0676% | 4h | 0.1666 | −0.343% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0694% | 4h | 0.1665 | −0.403% | $1.4M | $12.7M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.0945% | 4h | 0.1670 | −0.104% | $52K | $582K | 20x | as long as short |
| Nado CASHCAT-PERP | +0.1385% | 1h | 0.1665 | −0.418% | $246K | $208K | 5x | as long as short |
| Aster CASHCATUSDT | +0.1921% | 1h | 0.1669 | −0.140% | $557K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1685 | +0.793% | $8K | $18K | 5.5x | as long as short |
edgeX CASHCATUSDC
Bybit CASHCATUSDT
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
HTX CASHCAT-USDT
SoDEX CASHCAT-USD
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP