Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin+0.024%7-day average −0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$284as in the Funding arb table

Net, price: spread back to 7d avg − costs−$271as in the Price arb table

costs, in and out, $10k−$2812.806% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days−0.186%−$19 · spread now +0.024%, 7d avg −0.070%

Together, before fees−0.219%−$22 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: Gate is 0.094% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CASHCATUSDTM	0.1660	0.0100	pay 0.0050% / 4h	47m 32s	$584K	$2.4M	10x
Short	Gate CASHCAT_USDT	0.1660	0.0100	get 0.0050% / 4h	47m 32s	$1.5M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → −0.070%: $9.44
Slippage, 4 orders: −$253.56
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$271.13
Costs to cover: 2.806%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Gate: live order book, 5 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, 9 min ago	7.91 bp	78.0 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	9.40 bp	73.0 bp −$73	305.4 bp −$3,054	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	−0.0304%	1h	0.1660	+0.012%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1661	+0.060%	$354K	$955K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1663	+0.175%	$45.6M	$20.4M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1663	+0.169%	$12.4M	$19.1M	10x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1661	+0.098%	$119K	$296K	5x	as long as short
Gate CASHCAT_USDTshort	+0.0100%	4h	0.1660	+0.024%	$1.5M	$2.0M	20x
KuCoin CASHCATUSDTMlong	+0.0100%	4h	0.1660	long leg	$584K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1653	−0.387%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1653	−0.398%	$75K	$60K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1668	+0.481%	—	$2.4M	10x	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	0.1658	−0.102%	$22K	$282K	10x	as long as short
MEXC CASHCAT_USDT	+0.0104%	4h	0.1663	+0.187%	$8.3M	$527K	20x	as long as short
SoDEX CASHCAT-USD	+0.0162%	1h	0.1667	+0.440%	$500	$1K	3x	as long as short
Aster CASHCATUSDT	+0.0264%	1h	0.1660	+0.016%	$555K	$1.1M	10x	as long as short
edgeX CASHCATUSDC	+0.0284%	4h	0.1654	−0.365%	$50K	$168K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1662	+0.141%	$209K	$858K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0718%	1h	0.1668	+0.524%	$65K	$1.3M	3x	as long as short
BingX CASHCAT-USDT	+0.0820%	4h	0.1661	+0.072%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0839%	4h	0.1663	+0.193%	$1.4M	$12.6M	20x	as long as short
BloFin CASHCAT-USDT	+0.1111%	4h	0.1658	−0.108%	$53K	$565K	20x	as long as short
Nado CASHCAT-PERP	+0.1257%	1h	0.1664	+0.283%	$246K	$216K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1674	+0.856%	$8K	$18K	5.5x	as long as short