Settings8H · net · $10k
Funding arb · Price arb /

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0372%/8h= −40.7% APRnext payment $0.46 per $10,000 · paid last 24h −0.155%
Price spread now: Hyperliquid against Nado+0.145%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.268%−$27 on $10k
Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.145%, 7d avg +0.054%
Together, before fees−0.479%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.091% dearer against Nado than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.054%): +$9 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CASHCAT-PERP0.16240.0472pay 0.0059% / 1h46m 18s$206K$193K5x
ShortHyperliquid CASHCAT0.16260.0100get 0.0013% / 1h46m 18s$44.5M$20.2M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Nado. 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

Funding earned
−$78.02
Price spread: +0.145% → +0.054%
$9.07
Slippage, 4 orders
−$140.8
Fee Nado: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$218.74
Costs to cover
1.498%
Break-even
never at this rate
Slippage from Nado: live order book, 61 min ago; Hyperliquid: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 61 min ago14.65 bp59.2 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago2.16 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CASHCAT−0.0072%1h0.1625+0.065%$1.1M$1.8M3xas long as short
Lighter RH CASHCAT+0.0096%1h0.1628+0.225%$350K$940K3xas long as short
Hyperliquid CASHCATshort+0.0100%1h0.1626+0.145%$44.5M$20.2M3x
Gate CASHCAT_USDT+0.0100%4h0.1625+0.052%$1.5M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1626+0.126%$571K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1627+0.196%$1.0M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1626+0.145%$74K$59K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1626+0.113%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1628+0.219%$488$1K3xas long as short
HTX CASHCAT-USDT+0.0178%1h0.1627+0.164%$19K$295K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado CASHCAT-PERPlong+0.0472%1h0.1624long leg$206K$193K5x
Extended CASHCAT-USD+0.0480%1h0.1626+0.107%$103K$751K5xas long as short
Bybit CASHCATUSDT+0.0538%4h0.1628+0.212%$12.2M$19.1M10xas long as short
MEXC CASHCAT_USDT+0.0550%4h0.1628+0.237%$8.1M$526K20xas long as short
Polymarket Perps CASHCAT-USD+0.0819%1h0.1627+0.182%$63K$1.3M3xas long as short
Arcus CASHCAT-USD+0.0990%1h0.1632+0.497%$101K$280K5xas long as short
BingX CASHCAT-USDT+0.1056%4h0.1626+0.120%$1.1Mas long as short
OKX CASHCAT-USDT-SWAP+0.1097%4h0.1626+0.120%$1.5M$12.1M20xas long as short
edgeX CASHCATUSDC+0.1336%4h0.1626+0.110%$49K$169K5xas long as short
BloFin CASHCAT-USDT+0.1454%4h0.1628+0.243%$53K$558K20xas long as short
Aster CASHCATUSDT+0.1665%1h0.1629+0.297%$546K$1.1M10xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1659+2.152%$8K$19K5.5xas long as short