CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0449%/8h= −49.2% APRnext payment −$2.25 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against OKX−0.181%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$200as in the Funding arb table

Net, price: spread back to 7d avg − costs−$213as in the Price arb table

costs, in and out, $10k−$1981.980% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days+0.264%+$26 · spread now −0.181%, 7d avg −0.032%

Together, before fees+0.240%+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and KuCoin is 0.150% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.032%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.25 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	0.1653	0.0549	pay 0.0275% / 4h	1h 24m	$1.3M	$10.6M	20x
Short	KuCoin CASHCATUSDTM	0.1650	0.0100	get 0.0050% / 4h	1h 24m	$560K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.181%Rate

Funding earned: −$94.29
Price spread: −0.181% → −0.032%: −$14.98
Slippage, 4 orders: −$175.98
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$307.26
Costs to cover: 1.980%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 2 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, 4 min ago	6.09 bp	34.6 bp −$35	94.8 bp −$948	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	7.61 bp	66.6 bp −$67	doesn't fit	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
Nado CASHCAT-PERP	+0.0100%	1h	0.1648	−0.306%	$247K	$185K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1650	−0.206%	$44.9M	$19.2M	3x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1648	−0.283%	$114K	$220K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1649	−0.218%	$1.4M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1650	−0.181%	$560K	$2.4M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1644	−0.556%	$1.2M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1642	−0.659%	$74K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1644	−0.550%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1649	−0.236%	$495	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1649	−0.269%	$18K	$345K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CASHCAT-USD	+0.0223%	1h	0.1651	−0.145%	$66K	$1.2M	3x	as long as short
Extended CASHCAT-USD	+0.0336%	1h	0.1649	−0.220%	$100K	$499K	5x	as long as short
Bybit CASHCATUSDT	+0.0448%	4h	0.1653	−0.030%	$12.3M	$17.9M	10x	as long as short
MEXC CASHCAT_USDT	+0.0462%	4h	0.1652	−0.085%	$8.2M	$506K	20x	as long as short
BingX CASHCAT-USDT	+0.0512%	4h	0.1653	0.000%	—	$1.0M	—	as long as short
Lighter RH CASHCAT	+0.0520%	1h	0.1651	−0.133%	$322K	$825K	3x	as long as short
OKX CASHCAT-USDT-SWAPlong	+0.0549%	4h	0.1653	long leg	$1.3M	$10.6M	20x
BloFin CASHCAT-USDT	+0.0772%	4h	0.1644	−0.544%	$52K	$464K	20x	as long as short
Lighter CASHCAT	+0.0960%	1h	0.1651	−0.133%	$1.2M	$1.7M	3x	as long as short
edgeX CASHCATUSDC	+0.0977%	4h	0.1641	−0.698%	$49K	$169K	5x	as long as short
Aster CASHCATUSDT	+0.1032%	1h	0.1650	−0.200%	$551K	$1.0M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1663	+0.605%	$8K	$18K	5.5x	as long as short