Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.078%

Price spread now: KuCoin against Polymarket Perps−0.093%7-day average −0.177% · you buy dearer than you sell

Net, funding: paid 7d − costs−$250as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$2012.006% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.490%−$49 on $10k

Price spread, last 4 days (all we have)−1.641%−$164 · spread now −0.093%, 7d avg −0.177%

Together, before fees−2.131%−$213 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: KuCoin is 0.085% dearer against Polymarket Perps than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.177%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CASHCAT-USD	0.1617	0.0100	pay 0.0013% / 1h	49m 20s	$65K	$1.2M	3x
Short	KuCoin CASHCATUSDTM	0.1616	0.0100	get 0.0050% / 4h	1h 49m	$541K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.093%Rate

Funding earned: $0
Price spread: −0.093% → −0.177%: $8.46
Slippage, 4 orders: −$180.64
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$192.19
Costs to cover: 2.006%
Break-even: never at this rate

Slippage from Polymarket Perps: 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 Polymarket Perps live order book, 4 min ago	8.32 bp	18.2 bp −$18	18.5 bp −$185	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	8.61 bp	82.5 bp −$82	doesn't fit	doesn't fit	doesn't fit

CASHCAT on 21 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	0.1618	+0.019%	$1.2M	$1.6M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1618	+0.025%	$315K	$820K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1614	−0.210%	$242K	$185K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1615	−0.117%	$44.0M	$19.2M	3x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1623	+0.326%	$112K	$218K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1618	+0.006%	$1.3M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1616	−0.093%	$541K	$2.3M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1626	+0.537%	$1.2M	$1.6M	—	as long as short
Polymarket Perps CASHCAT-USDlong	+0.0100%	1h	0.1617	long leg	$65K	$1.2M	3x
SunX CASHCAT-USDT	+0.0100%	1h	0.1616	−0.101%	—	$2.4M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CASHCAT-USD	+0.0100%	1h	0.1615	−0.155%	$484	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1625	+0.466%	$17K	$352K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1615	−0.125%	$97K	$489K	5x	as long as short
ApeX Omni CASHCATUSDT	+0.0318%	1h	0.1624	+0.420%	$74K	$63K	50x	as long as short
Aster CASHCATUSDT	+0.0415%	1h	0.1619	+0.102%	$542K	$1.0M	10x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0468%	4h	0.1618	+0.037%	$1.3M	$10.3M	20x	as long as short
BingX CASHCAT-USDT	+0.0886%	4h	0.1618	+0.037%	—	$1.0M	—	as long as short
Bybit CASHCATUSDT	+0.0896%	4h	0.1618	+0.031%	$12.1M	$17.9M	10x	as long as short
MEXC CASHCAT_USDT	+0.0918%	4h	0.1619	+0.093%	$8.0M	$491K	20x	as long as short
edgeX CASHCATUSDC	+0.1367%	4h	0.1624	+0.437%	$49K	$170K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1639	+1.335%	$8K	$18K	5.5x	as long as short