Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.3930%/8h= +430.3% APRpaid last 24h +1.357%

Price spread now: Injective against MEXC+4.111%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Injective

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 for this trade now. Funding pays +$118 a day on $10k at the current rate, and Injective is 4.111% dearer against MEXC than usual: you sell high and buy low: +$411 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CASHCAT_USDT	0.1654	0.1070	pay 0.0535% / 4h	2h 58m	$8.3M	$489K	20x
Short	Injective CASHCAT/USDC PERP	0.1722	0.5000	get 0.0625% / 1h	58m 38s	$9K	$12K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against MEXC. 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 MEXCbpFee InjectivebpOrdersPrice spread, now +4.111%Rate

Funding earned: $825.3
Price spread: +4.111% → 0.000%: $411.12
Slippage, 4 orders: no order book: not counted
Fee MEXC: 10 bp × 2 orders: −$20
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,216.4
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: MEXC: live order book, 4 min ago; Injective: no order-book sample. 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 MEXC live order book, 4 min ago	2.68 bp	35.5 bp −$36	345.8 bp −$3,458	1225.0 bp −$122.5K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
Lighter CASHCAT	−0.0688%	1h	0.1654	−0.006%	$1.2M	$1.7M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1657	+0.200%	$322K	$805K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1655	+0.060%	$247K	$188K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1652	−0.127%	$45.3M	$20.6M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1650	−0.242%	$1.4M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1651	−0.175%	$583K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1669	+0.889%	$1.4M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1675	+1.294%	$76K	$67K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1658	+0.230%	$67K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1656	+0.097%	—	$2.6M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CASHCAT-USD	+0.0100%	1h	0.1656	+0.121%	$497	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1670	+0.985%	$18K	$371K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1650	−0.264%	$116K	$479K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0377%	4h	0.1656	+0.121%	$1.3M	$10.5M	20x	as long as short
BloFin CASHCAT-USDT	+0.0616%	4h	0.1658	+0.242%	$50K	$490K	20x	as long as short
BingX CASHCAT-USDT	+0.0882%	4h	0.1660	+0.363%	—	$1.0M	—	as long as short
MEXC CASHCAT_USDTlong	+0.1070%	4h	0.1654	long leg	$8.3M	$489K	20x
Bybit CASHCATUSDT	+0.1072%	4h	0.1653	−0.085%	$12.6M	$18.6M	10x	as long as short
edgeX CASHCATUSDC	+0.1420%	4h	0.1681	+1.618%	$50K	$172K	5x	as long as short
Aster CASHCATUSDT	+0.2520%	1h	0.1660	+0.351%	$549K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2842%	1h	0.1661	+0.430%	$114K	$221K	5x	as long as short
Injective CASHCAT/USDC PERPshort	+0.5000%	1h	0.1722	+4.111%	$9K	$12K	5.5x