CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0613%/8h= +67.2% APRnext payment +$0.77 per $10,000 · paid last 24h −0.133%

Price spread now: Polymarket Perps against Arcus+0.276%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$280as in the Price arb table

costs, in and out, $10k−$3093.093% of the position

Long on Arcus Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.025%−$2 on $10k

Price spread, last 3 days (all we have)−0.286%−$29 · spread now +0.276%, 7d avg −0.021%

Together, before fees−0.311%−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Polymarket Perps is 0.297% dearer against Arcus than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.021%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.025% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.77 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	Arcus CASHCAT-USD	0.1741	0.0100	pay 0.0013% / 1h	46m 27s	$102K	$192K	5x
Short	Polymarket Perps CASHCAT-USD	0.1746	0.0713	get 0.0089% / 1h	46m 27s	$66K	$1.3M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.276%Rate

Funding earned: $128.81
Price spread: +0.276% → −0.021%: $29.66
Slippage, 4 orders: −$296.78
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$150.82
Costs to cover: 3.093%
Break-even: 15.2 days

Slippage from Arcus: live order book, 37 min ago; Polymarket Perps: 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 Arcus live order book, 37 min ago	42.02 bp	130.2 bp −$130	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.87 bp	17.7 bp −$18	18.3 bp −$183	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	0.1745	+0.207%	$1.3M	$1.9M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1745	+0.253%	$49.4M	$18.9M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1746	+0.299%	$13.0M	$18.6M	10x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1745	+0.230%	$1.1M	$11.0M	20x	as long as short
Arcus CASHCAT-USDlong	+0.0100%	1h	0.1741	long leg	$102K	$192K	5x
Gate CASHCAT_USDT	+0.0100%	4h	0.1744	+0.172%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1747	+0.345%	$8.7M	$464K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1745	+0.213%	$590K	$2.4M	10x	as long as short
BingX CASHCAT-USDT	+0.0100%	4h	0.1746	+0.287%	—	$1.0M	—	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1731	−0.586%	$1.4M	$1.7M	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1743	+0.092%	$79K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1746	+0.306%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1744	+0.201%	$523	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1739	−0.141%	$19K	$409K	10x	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1743	+0.115%	$50K	$506K	20x	as long as short
edgeX CASHCATUSDC	+0.0363%	4h	0.1734	−0.387%	$52K	$171K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1745	+0.225%	$96K	$469K	5x	as long as short
Nado CASHCAT-PERP	+0.0573%	1h	0.1743	+0.115%	$246K	$159K	5x	as long as short
Polymarket Perps CASHCAT-USDshort	+0.0713%	1h	0.1746	+0.276%	$66K	$1.3M	3x
Lighter RH CASHCAT	+0.0920%	1h	0.1746	+0.287%	$338K	$791K	3x	as long as short
Aster CASHCATUSDT	+0.2006%	1h	0.1742	+0.034%	$570K	$1.2M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1756	+0.862%	$12K	$9K	5.5x	as long as short