Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.088%

Price spread now: Gate against Polymarket Perps−0.212%7-day average −0.180% · you buy dearer than you sell

Net, funding: paid 7d − costs−$217as in the Funding arb table

Net, price: spread back to 7d avg − costs−$168as in the Price arb table

costs, in and out, $10k−$1641.643% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.523%−$52 on $10k

Price spread, last 3 days (all we have)−0.228%−$23 · spread now −0.212%, 7d avg −0.180%

Together, before fees−0.751%−$75 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.032% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.180%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CASHCAT-USD	0.1695	0.0100	pay 0.0013% / 1h	4m 08s	$68K	$1.3M	3x
Short	Gate CASHCAT_USDT	0.1691	0.0100	get 0.0050% / 4h	3h 04m	$1.4M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Polymarket Perps. 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 Polymarket PerpsbpFee GatebpOrdersPrice spread, now −0.212%Rate

Funding earned: $0
Price spread: −0.212% → −0.180%: −$3.23
Slippage, 4 orders: −$141.3
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$167.53
Costs to cover: 1.643%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 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 Polymarket Perps live order book, 4 min ago	3.54 bp	17.4 bp −$17	18.1 bp −$181	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	8.57 bp	64.4 bp −$64	305.2 bp −$3,052	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 RH CASHCAT	+0.0096%	1h	0.1695	0.000%	$329K	$848K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1694	−0.041%	$253K	$188K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1690	−0.260%	$46.3M	$20.6M	3x	as long as short
Gate CASHCAT_USDTshort	+0.0100%	4h	0.1691	−0.212%	$1.4M	$2.0M	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1692	−0.159%	$597K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1691	−0.193%	$1.4M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1695	+0.041%	$76K	$67K	50x	as long as short
Polymarket Perps CASHCAT-USDlong	+0.0100%	1h	0.1695	long leg	$68K	$1.3M	3x
SunX CASHCAT-USDT	+0.0100%	1h	0.1694	−0.030%	—	$2.5M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1694	−0.053%	$508	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1688	−0.398%	$18K	$372K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1695	−0.006%	$118K	$479K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0391%	4h	0.1691	−0.218%	$1.3M	$10.7M	20x	as long as short
BloFin CASHCAT-USDT	+0.0626%	4h	0.1694	−0.041%	$51K	$503K	20x	as long as short
BingX CASHCAT-USDT	+0.0798%	4h	0.1693	−0.100%	—	$1.0M	—	as long as short
Lighter CASHCAT	+0.0840%	1h	0.1695	+0.035%	$1.2M	$1.9M	3x	as long as short
MEXC CASHCAT_USDT	+0.0862%	4h	0.1693	−0.106%	$8.5M	$497K	20x	as long as short
Bybit CASHCATUSDT	+0.0929%	4h	0.1693	−0.112%	$12.9M	$18.6M	10x	as long as short
edgeX CASHCATUSDC	+0.1100%	4h	0.1697	+0.150%	$51K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.2574%	1h	0.1691	−0.195%	$559K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.3384%	1h	0.1695	+0.027%	$117K	$220K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1722	+1.611%	$9K	$12K	5.5x	as long as short