Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: KuCoin against Hyperliquid+0.030%7-day average −0.097% · you sell dearer than you buy

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

Long on Hyperliquid Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.372%−$37 on $10k

Price spread, last 7 days+0.056%+$6 · spread now +0.030%, 7d avg −0.097%

Together, before fees−0.316%+ Points / potential airdropHyperliquid: Season 2 · farm board−$32 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: KuCoin is 0.127% dearer against Hyperliquid than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid CASHCAT	0.1643	0.0100	pay 0.0013% / 1h	28m 06s	$44.8M	$19.3M	3x
Short	KuCoin CASHCATUSDTM	0.1643	0.0100	get 0.0050% / 4h	1h 28m	$557K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → −0.097%: $12.7
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$8.3
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 5 min ago; KuCoin: live order book, 9 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 Hyperliquid live order book, 5 min ago	3.96 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	4.88 bp	67.9 bp −$68	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
Nado CASHCAT-PERP	+0.0100%	1h	0.1639	−0.198%	$245K	$185K	5x	as long as short
Hyperliquid CASHCATlong	+0.0100%	1h	0.1643	long leg	$44.8M	$19.3M	3x
Arcus CASHCAT-USD	+0.0100%	1h	0.1642	−0.024%	$114K	$219K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1641	−0.110%	$1.4M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1643	+0.030%	$557K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1648	+0.302%	$1.2M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1650	+0.451%	$75K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1641	−0.125%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1642	−0.049%	$493	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1647	+0.253%	$18K	$345K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CASHCAT-USD	+0.0183%	1h	0.1642	−0.049%	$66K	$1.2M	3x	as long as short
Extended CASHCAT-USD	+0.0216%	1h	0.1642	−0.050%	$100K	$499K	5x	as long as short
Lighter RH CASHCAT	+0.0432%	1h	0.1643	−0.006%	$320K	$823K	3x	as long as short
Bybit CASHCATUSDT	+0.0521%	4h	0.1644	+0.097%	$12.2M	$17.9M	10x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0535%	4h	0.1644	+0.085%	$1.4M	$10.5M	20x	as long as short
MEXC CASHCAT_USDT	+0.0536%	4h	0.1644	+0.073%	$8.2M	$502K	20x	as long as short
BingX CASHCAT-USDT	+0.0608%	4h	0.1644	+0.085%	—	$1.0M	—	as long as short
BloFin CASHCAT-USDT	+0.0774%	4h	0.1653	+0.633%	$52K	$472K	20x	as long as short
Aster CASHCATUSDT	+0.0781%	1h	0.1644	+0.077%	$549K	$1.0M	10x	as long as short
Lighter CASHCAT	+0.0936%	1h	0.1643	+0.024%	$1.2M	$1.7M	3x	as long as short
edgeX CASHCATUSDC	+0.1260%	4h	0.1644	+0.115%	$49K	$170K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1663	+1.242%	$8K	$18K	5.5x	as long as short