Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.085%

Price spread now: BloFin against HTX+0.020%59s7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$499as 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−$5455.447% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.457%+$46 on $10k

Price spread, last 3 days (all we have)−0.228%−$23 · spread now +0.020%, 7d avg +0.008%

Together, before fees+0.229%+$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 59 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	HTX CASHCAT-USDT	0.1741	0.0100	pay 0.0013% / 1h	23m 52s	$18K	$404K	10x
Short	BloFin CASHCAT-USDT	0.1741	0.0340	get 0.0170% / 4h	1h 23m	$50K	$504K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now +0.020%Rate

Funding earned: $50.4
Price spread: +0.020% → +0.008%: $1.2
Slippage, 4 orders: −$520.68
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$493.07
Costs to cover: 5.447%
Break-even: 75.5 days

Slippage from HTX: live order book, 59 min ago; BloFin: live order book, 57 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 HTX live order book, 59 min ago	45.51 bp	233.5 bp −$234	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 57 min ago	5.76 bp	22.5 bp −$23	69.0 bp −$690	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	0.1743	+0.124%	$1.3M	$1.9M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1740	−0.055%	$49.2M	$18.7M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1741	+0.020%	$1.1M	$10.9M	20x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1744	+0.175%	$120K	$213K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1740	−0.060%	$1.5M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1743	+0.118%	$590K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1739	−0.104%	$1.5M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1736	−0.250%	$78K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1742	+0.106%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1743	+0.135%	$523	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDTlong	+0.0100%	1h	0.1741	long leg	$18K	$404K	10x
BingX CASHCAT-USDT	+0.0110%	4h	0.1741	+0.020%	—	$1.0M	—	as long as short
MEXC CASHCAT_USDT	+0.0136%	4h	0.1744	+0.181%	$8.7M	$467K	20x	as long as short
Bybit CASHCATUSDT	+0.0137%	4h	0.1741	+0.043%	$13.0M	$18.5M	10x	as long as short
Lighter RH CASHCAT	+0.0320%	1h	0.1744	+0.198%	$339K	$820K	3x	as long as short
BloFin CASHCAT-USDTshort	+0.0340%	4h	0.1741	+0.020%	$50K	$504K	20x
edgeX CASHCATUSDC	+0.0391%	4h	0.1734	−0.409%	$52K	$170K	5x	as long as short
Nado CASHCAT-PERP	+0.0459%	1h	0.1741	+0.046%	$246K	$156K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1743	+0.117%	$95K	$466K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0556%	1h	0.1743	+0.158%	$66K	$1.3M	3x	as long as short
Aster CASHCATUSDT	+0.2204%	1h	0.1742	+0.055%	$569K	$1.2M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1834	+5.363%	$12K	$9K	5.5x	as long as short