Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.055%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1081.080% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.055%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.079% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CASHCAT_USDT | 0.1634 | 0.0482 | pay 0.0241% / 4h | 1h 42m | $8.2M | $527K | 20x |
| Short | Bybit CASHCATUSDT | 0.1633 | 0.0464 | get 0.0232% / 4h | 1h 42m | $12.3M | $19.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$3.7
- Price spread: −0.055% → +0.024%
- −$7.9
- Slippage, 4 orders
- −$76.97
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.57
- Costs to cover
- 1.080%
- Break-even
- never at this rate
Slippage from MEXC: live order book, just now; Bybit: live order book, 1 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 MEXC live order book, just now | 3.36 bp | 20.5 bp −$21 | 303.0 bp −$3,030 | 1019.0 bp −$101.9K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.66 bp | 37.2 bp −$37 | 102.7 bp −$1,027 | 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 | −0.0520% | 1h | 0.1631 | −0.190% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1634 | −0.006% | $338K | $954K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1634 | 0.000% | $44.6M | $20.2M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1632 | −0.147% | $1.5M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1630 | −0.220% | $570K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1627 | −0.403% | $1.0M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1630 | −0.226% | $74K | $59K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1632 | −0.135% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1633 | −0.061% | $490 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1638 | +0.266% | $20K | $294K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0345% | 1h | 0.1631 | −0.214% | $207K | $193K | 5x | as long as short |
| Bybit CASHCATUSDTshort | +0.0464% | 4h | 0.1633 | −0.055% | $12.3M | $19.2M | 10x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1632 | −0.098% | $105K | $755K | 5x | as long as short |
| MEXC CASHCAT_USDTlong | +0.0482% | 4h | 0.1634 | long leg | $8.2M | $527K | 20x | |
| Polymarket Perps CASHCAT-USD | +0.0738% | 1h | 0.1631 | −0.171% | $63K | $1.3M | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0802% | 4h | 0.1631 | −0.195% | $49K | $169K | 5x | as long as short |
| Arcus CASHCAT-USD | +0.0990% | 1h | 0.1640 | +0.354% | $101K | $280K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.1056% | 4h | 0.1634 | 0.000% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.1076% | 4h | 0.1633 | −0.061% | $1.5M | $12.2M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1419% | 4h | 0.1637 | +0.184% | $53K | $562K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1758% | 1h | 0.1635 | +0.068% | $548K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1659 | +1.530% | $8K | $19K | 5.5x | as long as short |
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
edgeX CASHCATUSDC
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP