CASHCAT

Alert

Funding spread now, next payment 18:00 UTC−0.0219%/8h

next payment, per $10,000−$0.27paid, last 24h−0.089%paid, last 7 days−0.102%to open and closeno order book

Long on Polymarket Perps Short on Hyperliquid

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 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	Polymarket Perps CASHCAT-USD	0.1826	0.0319	pay 0.0040% / 1h	18m 16s	$71K	$1.2M	3x
Short	Hyperliquid CASHCAT	0.1826	0.0100	get 0.0013% / 1h	18m 16s	$52.8M	$18.7M	3x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee HyperliquidbpOrdersRate

Funding earned: −$45.96
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$62.96
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 1 min ago; Hyperliquid: live order book, 7 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.005%
Avg gap 7d: −0.075%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 1 min ago	3.84 bp	19.2 bp −$19	19.8 bp −$198	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 7 min ago	3.25 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster CASHCATUSDT	−0.0456%	1h	$594K	$1.3M	10x	as long as short
Lighter CASHCAT	+0.0008%	1h	$1.2M	$1.7M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	$338K	$626K	3x	as long as short
Hyperliquid CASHCATshort	+0.0100%	1h	$52.8M	$18.7M	3x
Bybit CASHCATUSDT	+0.0100%	4h	$13.7M	$18.3M	10x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	$1.2M	$12.0M	20x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	$110K	$240K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	$1.6M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	$9.2M	$490K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	$611K	$2.5M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BingX CASHCAT-USDT	+0.0100%	4h	—	$1.0M	—	as long as short
Variational Omni CASHCAT	+0.0100%	4h	$1.6M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	$78K	$82K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	$547	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	$22K	$462K	10x	as long as short
edgeX CASHCATUSDC	+0.0266%	4h	$55K	$170K	5x	as long as short
Polymarket Perps CASHCAT-USDlong	+0.0319%	1h	$71K	$1.2M	3x
BloFin CASHCAT-USDT	+0.0340%	4h	$51K	$536K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	$295K	$293K	5x	as long as short
Nado CASHCAT-PERP	+0.0667%	1h	$253K	$184K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	$12K	$11K	5.5x	as long as short