CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.4900%/8h= +536.5% APRnext payment +$6.13 per $10,000 · paid last 24h +1.346%

Price spread now: Injective against Hyperliquid+6.127%7-day average — · you sell dearer than you buy

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

Long on Hyperliquid Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$147 a day on $10k at the current rate, and Injective is 6.127% dearer against Hyperliquid than usual: you sell high and buy low: +$613 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid CASHCAT	0.1748	0.0100	pay 0.0013% / 1h	22m 36s	$49.4M	$18.4M	3x
Short	Injective CASHCAT/USDC PERP	0.1855	0.5000	get 0.0625% / 1h	22m 36s	$12K	$9K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Hyperliquid. 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 HyperliquidbpFee InjectivebpOrdersPrice spread, now +6.127%Rate

Funding earned: $1,029
Price spread: +6.127% → 0.000%: $612.74
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,632.72
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Hyperliquid: live order book, 11 min ago; Injective: no order-book sample. 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 Hyperliquid live order book, 11 min ago	2.84 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hyperliquid CASHCATlong	+0.0100%	1h	0.1748	long leg	$49.4M	$18.4M	3x
Bybit CASHCATUSDT	+0.0100%	4h	0.1753	+0.303%	$13.1M	$18.1M	10x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1752	+0.235%	$1.1M	$10.5M	20x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1747	−0.063%	$1.5M	$1.9M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1750	+0.103%	$8.7M	$468K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1748	+0.023%	$591K	$2.3M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1754	+0.343%	$1.5M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1749	+0.063%	$79K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1750	+0.109%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1750	+0.097%	$525	$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-USDT	+0.0100%	1h	0.1756	+0.463%	$19K	$390K	10x	as long as short
BingX CASHCAT-USDT	+0.0130%	4h	0.1749	+0.063%	—	$1.0M	—	as long as short
edgeX CASHCATUSDC	+0.0264%	4h	0.1752	+0.209%	$52K	$171K	5x	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1747	−0.051%	$50K	$491K	20x	as long as short
Polymarket Perps CASHCAT-USD	+0.0390%	1h	0.1752	+0.217%	$66K	$1.2M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1750	+0.099%	$102K	$466K	5x	as long as short
Nado CASHCAT-PERP	+0.0558%	1h	0.1749	+0.063%	$247K	$155K	5x	as long as short
Lighter RH CASHCAT	+0.0640%	1h	0.1749	+0.074%	$333K	$824K	3x	as long as short
Lighter CASHCAT	+0.1464%	1h	0.1752	+0.217%	$1.3M	$1.9M	3x	as long as short
Arcus CASHCAT-USD	+0.1786%	1h	0.1752	+0.260%	$121K	$216K	5x	as long as short
Aster CASHCATUSDT	+0.3488%	1h	0.1749	+0.074%	$574K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERPshort	+0.5000%	1h	0.1855	+6.127%	$12K	$9K	5.5x