Settings8H · net · $10k
Funding arb · Price arb /

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$3703.697% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CASHCATUSDC0.16720.0489pay 0.0245% / 4h24m 41s$51K$168K5x
ShortBybit CASHCATUSDT0.16680.0100get 0.0050% / 4h24m 41s$12.4M$19.2M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 12 min ago5.75 bp135.3 bp −$135doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago3.31 bp39.7 bp −$40128.7 bp −$1,287doesn't fitdoesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CASHCAT+0.0096%1h0.1666−0.343%$1.1M$1.8M3xas long as short
Lighter RH CASHCAT+0.0096%1h0.1668−0.247%$350K$970K3xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1669−0.188%$45.9M$20.5M3xas long as short
Bybit CASHCATUSDTshort+0.0100%4h0.1668−0.218%$12.4M$19.2M10x
Arcus CASHCAT-USD+0.0100%1h0.1666−0.317%$107K$312K5xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1666−0.367%$1.5M$2.0M20xas long as short
MEXC CASHCAT_USDT+0.0100%4h0.1670−0.116%$8.4M$537K20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1667−0.259%$581K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1673+0.063%$1.1M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1665−0.379%$75K$60K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CASHCAT-USDT+0.0100%1h0.1669−0.166%$2.4M10xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1670−0.089%$22K$275K10xas long as short
SoDEX CASHCAT-USD+0.0138%1h0.1667−0.265%$500$1K3xas long as short
Extended CASHCAT-USD+0.0480%1h0.1669−0.189%$239K$884K5xas long as short
edgeX CASHCATUSDClong+0.0489%4h0.1672long leg$51K$168K5x
Polymarket Perps CASHCAT-USD+0.0649%1h0.1668−0.212%$66K$1.4M3xas long as short
BingX CASHCAT-USDT+0.0676%4h0.1666−0.343%$1.1Mas long as short
OKX CASHCAT-USDT-SWAP+0.0694%4h0.1665−0.403%$1.4M$12.7M20xas long as short
BloFin CASHCAT-USDT+0.0945%4h0.1670−0.104%$52K$582K20xas long as short
Nado CASHCAT-PERP+0.1385%1h0.1665−0.418%$246K$208K5xas long as short
Aster CASHCATUSDT+0.1921%1h0.1669−0.140%$557K$1.1M10xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1685+0.793%$8K$18K5.5xas long as short