CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0758%/8h= −83.1% APRnext payment −$3.79 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against OKX−0.238%7-day average −0.111% · you buy dearer than you sell

Net, funding: paid 7d − costs−$220as in the Funding arb table

Net, price: spread back to 7d avg − costs−$227as in the Price arb table

costs, in and out, $10k−$2152.147% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days+0.115%+$11 · spread now −0.238%, 7d avg −0.111%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Gate is 0.127% cheaper against OKX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.111%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CASHCAT-USDT-SWAP	0.1599	0.0858	pay 0.0429% / 4h	13m 31s	$1.4M	$11.0M	20x
Short	Gate CASHCAT_USDT	0.1595	0.0100	get 0.0050% / 4h	13m 31s	$1.4M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.238%Rate

Funding earned: −$159.27
Price spread: −0.238% → −0.111%: −$12.69
Slippage, 4 orders: −$189.68
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$386.65
Costs to cover: 2.147%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Gate: 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 OKX live order book, 5 min ago	3.12 bp	22.8 bp −$23	86.2 bp −$862	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	7.80 bp	84.5 bp −$85	298.9 bp −$2,989	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	0.1595	−0.275%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1597	−0.125%	$315K	$848K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1596	−0.188%	$43.7M	$20.0M	3x	as long as short
Gate CASHCAT_USDTshort	+0.0100%	4h	0.1595	−0.238%	$1.4M	$2.0M	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1595	−0.269%	$555K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1601	+0.098%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1596	−0.181%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1596	−0.201%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1596	−0.213%	$479	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1605	+0.371%	$18K	$329K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CASHCATUSDT	+0.0128%	4h	0.1598	−0.088%	$12.1M	$18.7M	10x	as long as short
MEXC CASHCAT_USDT	+0.0136%	4h	0.1597	−0.113%	$7.9M	$523K	20x	as long as short
Nado CASHCAT-PERP	+0.0162%	1h	0.1593	−0.391%	$215K	$201K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1595	−0.243%	$98K	$608K	5x	as long as short
BingX CASHCAT-USDT	+0.0792%	4h	0.1601	+0.125%	—	$1.0M	—	as long as short
Polymarket Perps CASHCAT-USD	+0.0822%	1h	0.1596	−0.181%	$64K	$1.3M	3x	as long as short
edgeX CASHCATUSDC	+0.0836%	4h	0.1596	−0.163%	$48K	$170K	5x	as long as short
OKX CASHCAT-USDT-SWAPlong	+0.0858%	4h	0.1599	long leg	$1.4M	$11.0M	20x
BloFin CASHCAT-USDT	+0.1113%	4h	0.1599	0.000%	$52K	$500K	20x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1596	−0.194%	$96K	$264K	5x	as long as short
Aster CASHCATUSDT	+0.2222%	1h	0.1596	−0.181%	$531K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1620	+1.313%	$8K	$18K	5.5x	as long as short