Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin+0.132%7-day average +0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$170as in the Funding arb table

Net, price: spread back to 7d avg − costs−$169as in the Price arb table

costs, in and out, $10k−$1741.736% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days−0.131%−$13 · spread now +0.132%, 7d avg +0.085%

Together, before fees−0.094%−$9 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: MEXC is 0.047% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CASHCATUSDTM	0.1668	0.0100	pay 0.0050% / 4h	3h 59m	$599K	$2.4M	10x
Short	MEXC CASHCAT_USDT	0.1670	0.0100	get 0.0050% / 4h	3h 59m	$8.4M	$522K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.132%Rate

Funding earned: $0
Price spread: +0.132% → +0.085%: $4.69
Slippage, 4 orders: −$141.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 10 bp × 2 orders: −$20
Net: −$168.92
Costs to cover: 1.736%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; MEXC: live order book, 4 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, 7 min ago	6.26 bp	65.0 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	3.30 bp	21.0 bp −$21	245.8 bp −$2,458	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	0.1664	−0.210%	$1.1M	$1.7M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1666	−0.084%	$357K	$930K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1665	−0.186%	$246K	$207K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1669	+0.090%	$46.0M	$20.6M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1669	+0.060%	$12.4M	$19.2M	10x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1670	+0.161%	$103K	$315K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1667	−0.018%	$1.5M	$1.8M	20x	as long as short
MEXC CASHCAT_USDTshort	+0.0100%	4h	0.1670	+0.132%	$8.4M	$522K	20x
KuCoin CASHCATUSDTMlong	+0.0100%	4h	0.1668	long leg	$599K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1673	+0.319%	$1.1M	$1.8M	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1666	−0.120%	$75K	$60K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1664	−0.192%	$65K	$1.4M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1669	+0.071%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1667	−0.030%	$500	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1672	+0.243%	$22K	$257K	10x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1668	+0.032%	$239K	$886K	5x	as long as short
BingX CASHCAT-USDT	+0.0576%	4h	0.1668	+0.018%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0581%	4h	0.1668	+0.018%	$1.4M	$12.8M	20x	as long as short
BloFin CASHCAT-USDT	+0.0824%	4h	0.1670	+0.138%	$52K	$582K	20x	as long as short
edgeX CASHCATUSDC	+0.1048%	4h	0.1669	+0.051%	$51K	$168K	5x	as long as short
Aster CASHCATUSDT	+0.3911%	1h	0.1669	+0.070%	$541K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1749	+4.875%	$9K	$18K	5.5x	as long as short