Funding you earn now, next payment 00:00 UTC−0.1686%/8h= −184.6% APRpaid last 24h −0.186%
Price spread now: Variational Omni against Arcus−0.020%50s7-day average +0.242% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.335%−$33 on $10k
+Price spread, last 4 days (all we have)+0.567%+$57 · spread now −0.020%, 7d avg +0.242%
=Together, before fees+0.233%+ Points / potential airdropVariational Omni: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Variational Omni is 0.263% cheaper against Arcus than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.242%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.335% in total (about -36.8% a year). A funding rate is set anew for every payment. 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 | 0.1753 | 0.1786 | pay 0.0223% / 1h | 19m 48s | $121K | $216K | 5x |
| Short | Variational Omni CASHCAT | 0.1753 | 0.0100 | get 0.0050% / 4h | 19m 48s | $1.5M | $1.6M | — |
Arcus CASHCAT-USD
Variational Omni CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$354.01
- Price spread: −0.020% → +0.242%
- −$26.27
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$384.78
- Costs to cover
- 0.045%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 58 min ago; Variational Omni: RFQ quote, 4 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, 58 min ago | 21.38 bp | 117.8 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 8.56 bp | doesn't fit | 111.3 bp −$1,113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1753 | −0.030% | $49.5M | $18.4M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1755 | +0.119% | $13.1M | $18.0M | 10x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1753 | −0.013% | $1.1M | $10.5M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1750 | −0.178% | $1.5M | $1.9M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1751 | −0.115% | $8.7M | $468K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1752 | −0.075% | $592K | $2.3M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.0100% | 4h | 0.1754 | +0.044% | — | $1.0M | — | as long as short |
| Variational Omni CASHCATshort | +0.0100% | 4h | 0.1753 | −0.020% | $1.5M | $1.6M | — | |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1748 | −0.292% | $79K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1752 | −0.061% | — | $2.6M | 10x | as long as short |
Hyperliquid CASHCAT
Bybit CASHCATUSDT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
BingX CASHCAT-USDT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1752 | −0.087% | $526 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1753 | −0.015% | $19K | $389K | 10x | as long as short |
| edgeX CASHCATUSDC | +0.0161% | 4h | 0.1751 | −0.143% | $52K | $171K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1746 | −0.412% | $50K | $491K | 20x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0398% | 1h | 0.1754 | +0.022% | $66K | $1.2M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1753 | −0.023% | $102K | $466K | 5x | as long as short |
| Lighter RH CASHCAT | +0.0576% | 1h | 0.1754 | +0.044% | $334K | $824K | 3x | as long as short |
| Nado CASHCAT-PERP | +0.0584% | 1h | 0.1750 | −0.175% | $247K | $155K | 5x | as long as short |
| Lighter CASHCAT | +0.1432% | 1h | 0.1755 | +0.090% | $1.3M | $1.9M | 3x | as long as short |
| Arcus CASHCAT-USDlong | +0.1786% | 1h | 0.1753 | long leg | $121K | $216K | 5x | |
| Aster CASHCATUSDT | +0.3447% | 1h | 0.1751 | −0.108% | $575K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1855 | +5.805% | $12K | $9K | 5.5x | as long as short |
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Polymarket Perps CASHCAT-USD
Extended CASHCAT-USD
Lighter RH CASHCAT
Nado CASHCAT-PERP
Lighter CASHCAT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP