Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0343%/8h= −37.6% APRpaid last 24h +0.037%

Price spread now: Polymarket Perps against OKX−0.261%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$760.765% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.439%+$44 on $10k

Price spread, last 7 days+0.203%+$20 · spread now −0.261%, 7d avg +0.023%

Together, before fees+0.642%+$64 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.284% cheaper against OKX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.439%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CASHCAT-USDT-SWAP	0.1571	0.1008	pay 0.0504% / 4h	2h 44m	$1.4M	$11.2M	20x
Short	Polymarket Perps CASHCAT-USD	0.1567	0.0665	get 0.0083% / 1h	44m 59s	$67K	$1.3M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.261%Rate

Funding earned: −$72.02
Price spread: −0.261% → +0.023%: −$28.44
Slippage, 4 orders: −$58.49
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$176.95
Costs to cover: 0.765%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Polymarket Perps: live order book, 3 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, 3 min ago	6.36 bp	31.5 bp −$32	96.0 bp −$960	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	2.23 bp	8.3 bp −$8	18.5 bp −$185	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	−0.1000%	1h	0.1564	−0.420%	$1.1M	$1.8M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1567	−0.229%	$318K	$919K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1567	−0.274%	$42.7M	$20.0M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1570	−0.064%	$11.7M	$19.0M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1566	−0.325%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1569	−0.102%	$7.8M	$512K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1567	−0.274%	$552K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1567	−0.224%	$1.0M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1572	+0.070%	$71K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1565	−0.359%	—	$2.4M	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	0.1566	−0.306%	$470	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1572	+0.049%	$18K	$309K	10x	as long as short
Aster CASHCATUSDT	+0.0210%	1h	0.1567	−0.229%	$524K	$1.1M	10x	as long as short
Nado CASHCAT-PERP	+0.0330%	1h	0.1565	−0.411%	$211K	$182K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1566	−0.297%	$96K	$743K	5x	as long as short
edgeX CASHCATUSDC	+0.0556%	4h	0.1571	−0.017%	$48K	$170K	5x	as long as short
Polymarket Perps CASHCAT-USDshort	+0.0665%	1h	0.1567	−0.261%	$67K	$1.3M	3x
BingX CASHCAT-USDT	+0.0946%	4h	0.1571	0.000%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAPlong	+0.1008%	4h	0.1571	long leg	$1.4M	$11.2M	20x
BloFin CASHCAT-USDT	+0.1296%	4h	0.1571	0.000%	$52K	$520K	20x	as long as short
Arcus CASHCAT-USD	+0.2390%	1h	0.1575	+0.226%	$97K	$269K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1596	+1.591%	$8K	$18K	5.5x	as long as short