Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%

Price spread now: Hyperliquid against ApeX Omni−0.250%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.323%−$32 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.250% cheaper against ApeX Omni than usual: you would sell low and buy high, −$25 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CASHCATUSDT	0.1680	0.0100	pay 0.0013% / 1h	30m 42s	$76K	$61K	50x
Short	Hyperliquid CASHCAT	0.1676	0.0100	get 0.0013% / 1h	30m 42s	$46.1M	$20.6M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ApeX OmnibpFee HyperliquidbpOrdersPrice spread, now −0.250%Rate

Funding earned: $0
Price spread: −0.250% → 0.000%: −$25
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$44
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.

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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 3 min ago	1.19 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1676	−0.226%	$347K	$945K	3x	as long as short
Hyperliquid CASHCATshort	+0.0100%	1h	0.1676	−0.250%	$46.1M	$20.6M	3x
Bybit CASHCATUSDT	+0.0100%	4h	0.1678	−0.137%	$12.6M	$19.2M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1673	−0.434%	$1.5M	$1.8M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1677	−0.185%	$8.5M	$533K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1675	−0.304%	$598K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1678	−0.136%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDTlong	+0.0100%	1h	0.1680	long leg	$76K	$61K	50x
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1674	−0.333%	$65K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1677	−0.196%	—	$2.3M	10x	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	0.1681	+0.039%	$22K	$245K	10x	as long as short
SoDEX CASHCAT-USD	+0.0167%	1h	0.1678	−0.155%	$503	$1K	3x	as long as short
Lighter CASHCAT	+0.0288%	1h	0.1675	−0.321%	$1.1M	$1.7M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1677	−0.166%	$241K	$884K	5x	as long as short
BingX CASHCAT-USDT	+0.0488%	4h	0.1675	−0.304%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0511%	4h	0.1675	−0.304%	$1.4M	$12.8M	20x	as long as short
BloFin CASHCAT-USDT	+0.0752%	4h	0.1674	−0.363%	$52K	$597K	20x	as long as short
edgeX CASHCATUSDC	+0.0832%	4h	0.1680	−0.029%	$51K	$168K	5x	as long as short
Nado CASHCAT-PERP	+0.1589%	1h	0.1674	−0.363%	$249K	$204K	5x	as long as short
Arcus CASHCAT-USD	+0.3849%	1h	0.1680	−0.026%	$104K	$313K	5x	as long as short
Aster CASHCATUSDT	+0.4276%	1h	0.1677	−0.185%	$544K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1712	+1.899%	$8K	$18K	5.5x	as long as short