Funding you earn now, next payment 08:00 UTC+0.0866%/8h= +94.8% APRnext payment +$4.33 per $10,000 · paid last 24h +0.042%
Price spread now: BingX against Gate+0.158%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2172.171% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.158%, 7d avg +0.096%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and BingX is 0.062% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.096%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.191% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.33 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 | Gate CASHCAT_USDT | 0.1585 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $1.4M | $2.0M | 20x |
| Short | BingX CASHCAT-USDT | 0.1587 | 0.0966 | get 0.0483% / 4h | 2h 29m | — | $1.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $181.86
- Price spread: +0.158% → +0.096%
- $6.16
- Slippage, 4 orders
- −$192.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$29.12
- Costs to cover
- 2.171%
- Break-even
- 8.1 days
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 10 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 Gate live order book, 3 min ago | 11.44 bp | 68.6 bp −$69 | 1323.8 bp −$13.2K | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 9.67 bp | 35.8 bp −$36 | 79.3 bp −$793 | 714.4 bp −$71.4K | 1185.7 bp −$592.9K |
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 | −0.0864% | 1h | 0.1584 | −0.038% | $1.1M | $1.9M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1586 | +0.069% | $332K | $935K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1585 | +0.050% | $43.3M | $20.0M | 3x | as long as short |
| Aster CASHCATUSDT | +0.0100% | 1h | 0.1585 | +0.021% | $532K | $1.1M | 10x | as long as short |
| Gate CASHCAT_USDTlong | +0.0100% | 4h | 0.1585 | long leg | $1.4M | $2.0M | 20x | |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1584 | −0.050% | $559K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1580 | −0.274% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1572 | −0.820% | $71K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1583 | −0.087% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1583 | −0.076% | $475 | $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 | 0.1576 | −0.549% | $18K | $306K | 10x | as long as short |
| Nado CASHCAT-PERP | +0.0189% | 1h | 0.1581 | −0.221% | $202K | $190K | 5x | as long as short |
| MEXC CASHCAT_USDT | +0.0214% | 4h | 0.1587 | +0.145% | $7.9M | $517K | 20x | as long as short |
| edgeX CASHCATUSDC | +0.0233% | 4h | 0.1573 | −0.741% | $48K | $169K | 5x | as long as short |
| Bybit CASHCATUSDT | +0.0253% | 4h | 0.1588 | +0.246% | $11.9M | $19.0M | 10x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1585 | +0.020% | $99K | $748K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0619% | 1h | 0.1582 | −0.164% | $67K | $1.3M | 3x | as long as short |
| BingX CASHCAT-USDTshort | +0.0966% | 4h | 0.1587 | +0.158% | — | $1.1M | — | |
| OKX CASHCAT-USDT-SWAP | +0.1041% | 4h | 0.1587 | +0.158% | $1.4M | $11.4M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1332% | 4h | 0.1577 | −0.473% | $53K | $524K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2390% | 1h | 0.1579 | −0.350% | $98K | $270K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1591 | +0.410% | $8K | $18K | 5.5x | as long as short |
Gate CASHCAT_USDT
BingX CASHCAT-USDT
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Aster CASHCATUSDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
MEXC CASHCAT_USDT
edgeX CASHCATUSDC
Bybit CASHCATUSDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Injective CASHCAT/USDC PERP