Funding you earn now, next payment 05:00 UTC+0.2386%/8h= +261.3% APRpaid last 24h +0.212%
Price spread now: Arcus against KuCoin−0.061%7-day average +0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3123.118% of the position
Funding, last 4 days (all we have)+0.538%+$54 on $10k
+Price spread, last 4 days (all we have)+0.354%+$35 · spread now −0.061%, 7d avg +0.205%
=Funding pays, the price is against you. Arcus is 0.266% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.205%). If the spread goes back, that is −$27 on $10k: about 9 hours of funding at the current rate (+$72 a day). At the pace of the last 4 days (+0.538% in total) that is about 43 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.538% in total (about 54.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CASHCATUSDTM | 0.1609 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $557K | $2.4M | 10x |
| Short | Arcus CASHCAT-USD | 0.1608 | 0.2486 | get 0.0311% / 1h | 39m 57s | $97K | $264K | 5x |
KuCoin CASHCATUSDTM
Arcus CASHCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $501.04
- Price spread: −0.061% → +0.205%
- −$26.57
- Slippage, 4 orders
- −$295.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $162.65
- Costs to cover
- 3.118%
- Break-even
- 4.7 days
Slippage from KuCoin: live order book, 2 min ago; Arcus: live order book, 13 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 KuCoin live order book, 2 min ago | 4.05 bp | 74.0 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 13 min ago | 24.30 bp | 70.5 bp −$70 | 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 | +0.0096% | 1h | 0.1606 | −0.149% | $1.1M | $1.8M | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1610 | +0.112% | $44.1M | $19.9M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1611 | +0.174% | $12.1M | $18.8M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1607 | −0.099% | $1.4M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1612 | +0.199% | $8.0M | $518K | 20x | as long as short |
| KuCoin CASHCATUSDTMlong | +0.0100% | 4h | 0.1609 | long leg | $557K | $2.4M | 10x | |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1607 | −0.095% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1614 | +0.336% | $73K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1610 | +0.068% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1610 | +0.087% | $483 | $1K | 3x | as long as short |
Lighter CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1608 | −0.043% | $18K | $321K | 10x | as long as short |
| edgeX CASHCATUSDC | +0.0125% | 4h | 0.1612 | +0.227% | $49K | $169K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1611 | +0.125% | $169K | $675K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0607% | 1h | 0.1610 | +0.112% | $66K | $1.3M | 3x | as long as short |
| Nado CASHCAT-PERP | +0.0653% | 1h | 0.1606 | −0.131% | $217K | $180K | 5x | as long as short |
| Lighter RH CASHCAT | +0.0696% | 1h | 0.1610 | +0.068% | $307K | $876K | 3x | as long as short |
| BingX CASHCAT-USDT | +0.0946% | 4h | 0.1616 | +0.460% | — | $1.0M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0985% | 4h | 0.1611 | +0.149% | $1.5M | $11.2M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1281% | 4h | 0.1612 | +0.211% | $52K | $501K | 20x | as long as short |
| Arcus CASHCAT-USDshort | +0.2486% | 1h | 0.1608 | −0.061% | $97K | $264K | 5x | |
| Aster CASHCATUSDT | +0.3354% | 1h | 0.1607 | −0.124% | $537K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1626 | +1.082% | $8K | $18K | 5.5x | as long as short |
HTX CASHCAT-USDT
edgeX CASHCATUSDC
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
Nado CASHCAT-PERP
Lighter RH CASHCAT
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP