Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.215%

Price spread now: Hyperliquid against Arcus−0.280%7-day average −0.089% · you buy dearer than you sell

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

Long on Arcus Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.380%−$38 on $10k

Price spread, last 4 days (all we have)+0.547%+$55 · spread now −0.280%, 7d avg −0.089%

Together, before fees+0.166%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 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: Hyperliquid is 0.191% cheaper against Arcus than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus CASHCAT-USD	0.1741	0.0100	pay 0.0013% / 1h	18m 43s	$119K	$213K	5x
Short	Hyperliquid CASHCAT	0.1736	0.0100	get 0.0013% / 1h	18m 43s	$49.1M	$18.7M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Arcus. 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 ArcusbpFee HyperliquidbpOrdersPrice spread, now −0.280%Rate

Funding earned: $0
Price spread: −0.280% → −0.089%: −$19.13
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$32.63
Costs to cover: 0.135%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 64 min ago; Hyperliquid: live order book, 5 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 Arcus live order book, 64 min ago	42.02 bp	130.2 bp −$130	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 5 min ago	3.45 bp	doesn't fit	doesn't fit	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	+0.0096%	1h	0.1737	−0.217%	$1.2M	$1.9M	3x	as long as short
Hyperliquid CASHCATshort	+0.0100%	1h	0.1736	−0.280%	$49.1M	$18.7M	3x
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1736	−0.269%	$1.1M	$10.8M	20x	as long as short
Arcus CASHCAT-USDlong	+0.0100%	1h	0.1741	long leg	$119K	$213K	5x
Gate CASHCAT_USDT	+0.0100%	4h	0.1735	−0.326%	$1.5M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1734	−0.361%	$587K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1745	+0.273%	$1.5M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1739	−0.097%	$78K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1735	−0.307%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1736	−0.257%	$521	$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	0.1739	−0.112%	$18K	$403K	10x	as long as short
MEXC CASHCAT_USDT	+0.0132%	4h	0.1738	−0.177%	$8.6M	$468K	20x	as long as short
Bybit CASHCATUSDT	+0.0133%	4h	0.1737	−0.194%	$13.0M	$18.5M	10x	as long as short
BingX CASHCAT-USDT	+0.0136%	4h	0.1735	−0.326%	—	$1.0M	—	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1735	−0.326%	$50K	$486K	20x	as long as short
Lighter RH CASHCAT	+0.0368%	1h	0.1737	−0.200%	$339K	$823K	3x	as long as short
Nado CASHCAT-PERP	+0.0428%	1h	0.1734	−0.384%	$245K	$157K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1735	−0.304%	$95K	$466K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0519%	1h	0.1736	−0.269%	$66K	$1.2M	3x	as long as short
edgeX CASHCATUSDC	+0.0583%	4h	0.1744	+0.204%	$52K	$171K	5x	as long as short
Aster CASHCATUSDT	+0.2011%	1h	0.1738	−0.166%	$568K	$1.2M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1834	+5.361%	$12K	$9K	5.5x	as long as short