CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.4600%/8h= −503.6% APRnext payment −$5.75 per $10,000 · paid last 24h −1.266%

Price spread now: Polymarket Perps against Injective−4.849%51s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Polymarket Perps

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—needs both histories

Both sides work against this trade now: funding costs −$138 a day on $10k at the current rate, and Polymarket Perps is 4.849% cheaper against Injective than usual: you would sell low and buy high (−$485 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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	Injective CASHCAT/USDC PERP	0.1850	0.5000	pay 0.0625% / 1h	40m 32s	$12K	$9K	5.5x
Short	Polymarket Perps CASHCAT-USD	0.1760	0.0400	get 0.0050% / 1h	40m 32s	$66K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Injective. 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 InjectivebpFee Polymarket PerpsbpOrdersPrice spread, now −4.849%Rate

Funding earned: −$965.9
Price spread: −4.849% → 0.000%: −$484.86
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$1,458.78
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 3 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 Injective no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 3 min ago	3.97 bp	15.3 bp −$15	18.4 bp −$184	doesn't fit	doesn't fit

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 CASHCAT	+0.0100%	1h	0.1760	−4.870%	$49.7M	$18.5M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1759	−4.919%	$1.1M	$10.6M	20x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1759	−4.935%	$1.5M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1761	−4.827%	$595K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1762	−4.782%	$1.5M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1771	−4.276%	$80K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1763	−4.695%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1762	−4.773%	$529	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1767	−4.459%	$19K	$394K	10x	as long as short
Bybit CASHCATUSDT	+0.0217%	4h	0.1760	−4.876%	$13.2M	$18.1M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC CASHCAT_USDT	+0.0228%	4h	0.1761	−4.822%	$8.8M	$464K	20x	as long as short
Nado CASHCAT-PERP	+0.0233%	1h	0.1756	−5.054%	$248K	$155K	5x	as long as short
BingX CASHCAT-USDT	+0.0268%	4h	0.1758	−4.973%	—	$1.0M	—	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1765	−4.595%	$50K	$499K	20x	as long as short
Polymarket Perps CASHCAT-USDshort	+0.0400%	1h	0.1760	−4.849%	$66K	$1.2M	3x
Extended CASHCAT-USD	+0.0480%	1h	0.1759	−4.903%	$103K	$469K	5x	as long as short
edgeX CASHCATUSDC	+0.0726%	4h	0.1764	−4.665%	$53K	$172K	5x	as long as short
Lighter RH CASHCAT	+0.1232%	1h	0.1762	−4.757%	$338K	$820K	3x	as long as short
Arcus CASHCAT-USD	+0.1786%	1h	0.1760	−4.887%	$121K	$217K	5x	as long as short
Lighter CASHCAT	+0.2112%	1h	0.1762	−4.778%	$1.3M	$1.9M	3x	as long as short
Aster CASHCATUSDT	+0.3018%	1h	0.1757	−5.011%	$577K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERPlong	+0.5000%	1h	0.1850	long leg	$12K	$9K	5.5x