Settings8H · net · $10k
Funding arb · Price arb /

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1809%/8h= +198.1% APRpaid last 24h +0.055%
Price spread now: Aster against BingX+0.076%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1121.118% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.664%+$66 on $10k
Price spread, last 7 days−0.069%−$7 · spread now +0.076%, 7d avg −0.035%
Together, before fees+0.595%+ Points / potential airdropAster: Stage 5 · farm board+$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and Aster is 0.110% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.035%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.664% in total (about 45.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CASHCAT-USDT0.17330.0136pay 0.0068% / 4h1h 16m$1.0M
ShortAster CASHCATUSDT0.17340.1945get 0.0243% / 1h16m 54s$566K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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

Funding earned
$379.9
Price spread: +0.076% → −0.035%
$11.04
Slippage, 4 orders
−$93.76
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$279.17
Costs to cover
1.118%
Break-even
1.9 days
Slippage from BingX: live order book, 3 min ago; Aster: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago8.63 bp34.8 bp −$3583.9 bp −$839962.8 bp −$96.3K1316.0 bp −$658.0K
Sell Aster live order book, 1 min ago8.08 bp21.5 bp −$22188.0 bp −$1,880doesn't fitdoesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CASHCAT+0.0096%1h0.1734+0.052%$1.2M$2.0M3xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1731−0.110%$48.9M$18.7M3xas long as short
OKX CASHCAT-USDT-SWAP+0.0100%4h0.1732−0.058%$1.1M$10.8M20xas long as short
Arcus CASHCAT-USD+0.0100%1h0.1739+0.339%$119K$213K5xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1732−0.081%$1.5M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1732−0.029%$587K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1745+0.717%$1.5M$1.6Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1739+0.346%$78K$72K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1733−0.018%$2.6M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1732−0.046%$520$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1731−0.110%$18K$402K10xas long as short
MEXC CASHCAT_USDT+0.0118%4h0.1734+0.058%$8.6M$468K20xas long as short
Bybit CASHCATUSDT+0.0119%4h0.1733+0.017%$12.9M$18.5M10xas long as short
BingX CASHCAT-USDTlong+0.0136%4h0.1733long leg$1.0M
Lighter RH CASHCAT+0.0328%1h0.1734+0.075%$339K$823K3xas long as short
BloFin CASHCAT-USDT+0.0340%4h0.1734+0.058%$50K$486K20xas long as short
Nado CASHCAT-PERP+0.0429%1h0.1731−0.087%$244K$157K5xas long as short
Extended CASHCAT-USD+0.0480%1h0.1731−0.122%$95K$466K5xas long as short
Polymarket Perps CASHCAT-USD+0.0511%1h0.1734+0.069%$65K$1.2M3xas long as short
edgeX CASHCATUSDC+0.0583%4h0.1744+0.648%$52K$171K5xas long as short
Aster CASHCATUSDTshort+0.1945%1h0.1734+0.076%$566K$1.2M10x
Injective CASHCAT/USDC PERP+0.5000%1h0.1834+5.828%$12K$9K5.5xas long as short