CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0418%/8h= +45.8% APRnext payment +$2.09 per $10,000 · paid last 24h +0.065%

Price spread now: BingX against Gate+0.018%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$168as in the Price arb table

costs, in and out, $10k−$1601.597% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 7 days+0.051%+$5 · spread now +0.018%, 7d avg +0.097%

Together, before fees+0.265%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.079% cheaper against Gate than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.097%). If the spread goes back, that is −$8 on $10k: about 15 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.214% in total) that is about 2.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 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	Gate CASHCAT_USDT	0.1682	0.0100	pay 0.0050% / 4h	3h 42m	$1.5M	$1.8M	20x
Short	BingX CASHCAT-USDT	0.1682	0.0518	get 0.0259% / 4h	3h 42m	—	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.018%Rate

Funding earned: $87.78
Price spread: +0.018% → +0.097%: −$7.92
Slippage, 4 orders: −$134.66
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$79.8
Costs to cover: 1.597%
Break-even: 13.4 days

Slippage from Gate: live order book, 5 min ago; BingX: live order book, 2 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 Gate live order book, 5 min ago	9.20 bp	63.8 bp −$64	919.0 bp −$9,190	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	5.95 bp	20.6 bp −$21	65.2 bp −$652	840.0 bp −$84.0K	1323.2 bp −$661.6K

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
Lighter RH CASHCAT	+0.0096%	1h	0.1681	−0.024%	$360K	$932K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1684	+0.125%	$46.4M	$20.6M	3x	as long as short
Gate CASHCAT_USDTlong	+0.0100%	4h	0.1682	long leg	$1.5M	$1.8M	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1683	+0.048%	$604K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1686	+0.275%	$1.1M	$1.8M	—	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1683	+0.083%	$66K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1690	+0.497%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1683	+0.059%	$505	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1690	+0.468%	$23K	$254K	10x	as long as short
ApeX Omni CASHCATUSDT	+0.0144%	1h	0.1689	+0.422%	$77K	$60K	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter CASHCAT	+0.0152%	1h	0.1679	−0.137%	$1.1M	$1.7M	3x	as long as short
Bybit CASHCATUSDT	+0.0173%	4h	0.1690	+0.476%	$12.7M	$19.2M	10x	as long as short
MEXC CASHCAT_USDT	+0.0318%	4h	0.1683	+0.059%	$8.5M	$531K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1682	+0.044%	$242K	$884K	5x	as long as short
BingX CASHCAT-USDTshort	+0.0518%	4h	0.1682	+0.018%	—	$1.1M	—
OKX CASHCAT-USDT-SWAP	+0.0530%	4h	0.1688	+0.375%	$1.4M	$12.9M	20x	as long as short
BloFin CASHCAT-USDT	+0.0789%	4h	0.1682	+0.018%	$52K	$595K	20x	as long as short
edgeX CASHCATUSDC	+0.1519%	4h	0.1687	+0.287%	$51K	$169K	5x	as long as short
Nado CASHCAT-PERP	+0.1561%	1h	0.1685	+0.196%	$250K	$204K	5x	as long as short
Arcus CASHCAT-USD	+0.3849%	1h	0.1681	−0.039%	$104K	$313K	5x	as long as short
Aster CASHCATUSDT	+0.4228%	1h	0.1682	+0.012%	$546K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1703	+1.267%	$8K	$18K	5.5x	as long as short