Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: Hyperliquid against Gate+0.090%7-day average +0.176% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.406%+$41 on $10k

Price spread, last 7 days+0.055%+$5 · spread now +0.090%, 7d avg +0.176%

Together, before fees+0.461%+ Points / potential airdropHyperliquid: Season 2 · farm board+$46 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.086% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.176%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CASHCAT_USDT	0.1676	0.0100	pay 0.0050% / 4h	2h 21m	$1.4M	$1.9M	20x
Short	Hyperliquid CASHCAT	0.1677	0.0100	get 0.0013% / 1h	21m 30s	$45.9M	$19.9M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.090%Rate

Funding earned: $0
Price spread: +0.090% → +0.176%: −$8.64
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$32.64
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; Hyperliquid: live order book, 12 min ago. Net counts fees only.

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, 1 min ago	7.75 bp	73.0 bp −$73	964.1 bp −$9,641	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 12 min ago	3.28 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

CASHCAT on 21 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
Nado CASHCAT-PERP	+0.0100%	1h	0.1676	+0.036%	$251K	$190K	5x	as long as short
Hyperliquid CASHCATshort	+0.0100%	1h	0.1677	+0.090%	$45.9M	$19.9M	3x
Gate CASHCAT_USDTlong	+0.0100%	4h	0.1676	long leg	$1.4M	$1.9M	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1677	+0.054%	$593K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1683	+0.443%	$1.4M	$1.4M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1675	−0.042%	$76K	$64K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1680	+0.233%	$68K	$1.2M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1679	+0.196%	—	$2.5M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1677	+0.066%	$503	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1672	−0.245%	$18K	$360K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CASHCAT-USD	+0.0104%	1h	0.1677	+0.044%	$118K	$472K	5x	as long as short
Lighter RH CASHCAT	+0.0328%	1h	0.1678	+0.149%	$325K	$814K	3x	as long as short
Lighter CASHCAT	+0.0440%	1h	0.1678	+0.125%	$1.2M	$1.7M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0447%	4h	0.1680	+0.245%	$1.3M	$10.7M	20x	as long as short
MEXC CASHCAT_USDT	+0.1126%	4h	0.1679	+0.167%	$8.4M	$498K	20x	as long as short
Bybit CASHCATUSDT	+0.1133%	4h	0.1679	+0.203%	$12.7M	$18.3M	10x	as long as short
BingX CASHCAT-USDT	+0.1152%	4h	0.1679	+0.185%	—	$1.0M	—	as long as short
Aster CASHCATUSDT	+0.1222%	1h	0.1676	+0.024%	$553K	$1.1M	10x	as long as short
edgeX CASHCATUSDC	+0.1465%	4h	0.1676	+0.021%	$50K	$170K	5x	as long as short
Arcus CASHCAT-USD	+0.2842%	1h	0.1679	+0.169%	$116K	$219K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1703	+1.617%	$8K	$12K	5.5x	as long as short