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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0866%/8h= +94.9% APRnext payment +$4.33 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.267%7-day average +0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2222.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 7 days−0.108%−$11 · spread now +0.267%, 7d avg +0.178%
Together, before fees−0.035%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Bybit is 0.089% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.178%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CASHCAT_USDT0.16110.0100pay 0.0050% / 4h1h 57m$1.3M$1.9M20x
ShortBybit CASHCATUSDT0.16150.0966get 0.0483% / 4h1h 57m$12.1M$17.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
$181.97
Price spread: +0.267% → +0.178%
$8.9
Slippage, 4 orders
−$195.97
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$31.1
Costs to cover
2.220%
Break-even
8.2 days
Slippage from Gate: live order book, 5 min ago; Bybit: 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 Gate live order book, 5 min ago9.34 bp77.4 bp −$771023.1 bp −$10.2Kdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago4.31 bp43.2 bp −$43114.0 bp −$1,140doesn't fitdoesn't fit

CASHCAT on 21 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 RH CASHCAT+0.0096%1h0.1617+0.379%$315K$818K3xas long as short
Nado CASHCAT-PERP+0.0100%1h0.1612+0.056%$241K$187K5xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1612+0.074%$44.0M$19.3M3xas long as short
Arcus CASHCAT-USD+0.0100%1h0.1622+0.691%$112K$219K5xas long as short
Gate CASHCAT_USDTlong+0.0100%4h0.1611long leg$1.3M$1.9M20x
KuCoin CASHCATUSDTM+0.0100%4h0.1611+0.019%$569K$2.3M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1649+2.335%$1.4M$1.4Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1633+1.372%$74K$63K50xas long as short
Polymarket Perps CASHCAT-USD+0.0100%1h0.1613+0.130%$65K$1.2M3xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1613+0.115%$2.4M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CASHCAT-USD+0.0100%1h0.1624+0.826%$487$1K3xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1633+1.338%$17K$354K10xas long as short
Extended CASHCAT-USD+0.0104%1h0.1612+0.049%$96K$489K5xas long as short
Lighter CASHCAT+0.0144%1h0.1613+0.118%$1.2M$1.6M3xas long as short
OKX CASHCAT-USDT-SWAP+0.0434%4h0.1616+0.304%$1.3M$10.2M20xas long as short
Aster CASHCATUSDT+0.0868%1h0.1615+0.223%$533K$1.1M10xas long as short
BingX CASHCAT-USDT+0.0933%4h0.1616+0.304%$1.0Mas long as short
MEXC CASHCAT_USDT+0.0958%4h0.1614+0.186%$8.0M$488K20xas long as short
Bybit CASHCATUSDTshort+0.0966%4h0.1615+0.267%$12.1M$17.8M10x
edgeX CASHCATUSDC+0.1441%4h0.1650+2.415%$50K$171K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1663+3.221%$8K$11K5.5xas long as short