Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against HTX−0.003%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$790as in the Funding arb table

Net, price: spread back to 7d avg − costs−$788as in the Price arb table

costs, in and out, $10k−$7937.926% of the position

Long on HTX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.003%, 7d avg −0.044%

Together, before fees+0.159%+$16 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: SunX is 0.042% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CASHCAT-USDT	0.1579	0.0100	pay 0.0013% / 1h	25m 52s	$18K	$305K	10x
Short	SunX CASHCAT-USDT	0.1579	0.0100	get 0.0013% / 1h	25m 52s	—	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → −0.044%: $4.18
Slippage, 4 orders: −$772.58
Fee HTX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$788.4
Costs to cover: 7.926%
Break-even: never at this rate

Slippage from HTX: live order book, 21 min ago; SunX: live order book, 11 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, 21 min ago	63.58 bp	282.2 bp −$282	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	116.14 bp	140.9 bp −$141	doesn't fit	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	−0.0768%	1h	0.1577	−0.142%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1581	+0.098%	$331K	$935K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1580	+0.041%	$43.2M	$20.0M	3x	as long as short
Aster CASHCATUSDT	+0.0100%	1h	0.1580	+0.022%	$532K	$1.1M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1579	−0.003%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1580	+0.066%	$558K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1584	+0.294%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1583	+0.212%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDTshort	+0.0100%	1h	0.1579	−0.003%	—	$2.4M	10x
SoDEX CASHCAT-USD	+0.0100%	1h	0.1579	−0.022%	$474	$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	0.1579	long leg	$18K	$305K	10x
Nado CASHCAT-PERP	+0.0154%	1h	0.1578	−0.123%	$201K	$192K	5x	as long as short
Bybit CASHCATUSDT	+0.0309%	4h	0.1582	+0.174%	$11.8M	$19.0M	10x	as long as short
MEXC CASHCAT_USDT	+0.0330%	4h	0.1581	+0.117%	$7.9M	$521K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1579	+0.003%	$99K	$747K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0613%	1h	0.1580	+0.035%	$67K	$1.3M	3x	as long as short
edgeX CASHCATUSDC	+0.0985%	4h	0.1586	+0.434%	$48K	$168K	5x	as long as short
BingX CASHCAT-USDT	+0.0988%	4h	0.1586	+0.415%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.1038%	4h	0.1582	+0.161%	$1.4M	$11.4M	20x	as long as short
BloFin CASHCAT-USDT	+0.1353%	4h	0.1585	+0.351%	$52K	$526K	20x	as long as short
Arcus CASHCAT-USD	+0.2390%	1h	0.1581	+0.103%	$98K	$271K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1601	+1.364%	$8K	$18K	5.5x	as long as short