Funding you earn now, next payment 04:00 UTC+0.1013%/8h= +110.9% APRnext payment +$5.07 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Gate+0.257%63s7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as 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−$2282.278% of the position
Funding, last 7 days+0.462%+$46 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.257%, 7d avg +0.164%
=Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and BloFin is 0.093% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.164%. The two prices were read 63 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 0.462% in total (about 24.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.07 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 | 0.1595 | 0.0100 | pay 0.0050% / 4h | 13m 56s | $1.4M | $2.0M | 20x |
| Short | BloFin CASHCAT-USDT | 0.1599 | 0.1113 | get 0.0557% / 4h | 13m 56s | $52K | $500K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $212.74
- Price spread: +0.257% → +0.164%
- $9.3
- Slippage, 4 orders
- −$200.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$5.74
- Costs to cover
- 2.278%
- Break-even
- 7.2 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 22 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, 4 min ago | 7.80 bp | 76.4 bp −$76 | 1213.8 bp −$12.1K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 9.53 bp | 41.7 bp −$42 | 80.8 bp −$808 | 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 | 0.1595 | −0.019% | $1.1M | $1.9M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1597 | +0.119% | $315K | $848K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1595 | +0.006% | $43.6M | $20.0M | 3x | as long as short |
| Gate CASHCAT_USDTlong | +0.0100% | 4h | 0.1595 | long leg | $1.4M | $2.0M | 20x | |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1597 | +0.138% | $556K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1601 | +0.356% | $1.1M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1601 | +0.395% | $73K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1596 | +0.055% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1596 | +0.044% | $479 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1605 | +0.629% | $18K | $329K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CASHCATUSDT | +0.0138% | 4h | 0.1595 | +0.006% | $12.1M | $18.7M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0146% | 4h | 0.1597 | +0.132% | $7.9M | $523K | 20x | as long as short |
| Nado CASHCAT-PERP | +0.0150% | 1h | 0.1594 | −0.041% | $215K | $201K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0203% | 4h | 0.1605 | +0.620% | $48K | $170K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1594 | −0.074% | $98K | $608K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0792% | 4h | 0.1599 | +0.257% | — | $1.0M | — | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0814% | 1h | 0.1597 | +0.107% | $64K | $1.3M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0858% | 4h | 0.1597 | +0.132% | $1.4M | $11.0M | 20x | as long as short |
| BloFin CASHCAT-USDTshort | +0.1113% | 4h | 0.1599 | +0.257% | $52K | $500K | 20x | |
| Arcus CASHCAT-USD | +0.2181% | 1h | 0.1598 | +0.178% | $96K | $264K | 5x | as long as short |
| Aster CASHCATUSDT | +0.2222% | 1h | 0.1596 | +0.075% | $531K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1620 | +1.574% | $8K | $18K | 5.5x | as long as short |
Gate CASHCAT_USDT
BloFin CASHCAT-USDT
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
edgeX CASHCATUSDC
Extended CASHCAT-USD
BingX CASHCAT-USDT
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP