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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CASHCAT_USDT | 0.1611 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $1.3M | $1.9M | 20x |
| Short | Bybit CASHCATUSDT | 0.1615 | 0.0966 | get 0.0483% / 4h | 1h 57m | $12.1M | $17.8M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 9.34 bp | 77.4 bp −$77 | 1023.1 bp −$10.2K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.31 bp | 43.2 bp −$43 | 114.0 bp −$1,140 | doesn't fit | doesn't fit |
CASHCAT on 21 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 RH CASHCAT | +0.0096% | 1h | 0.1617 | +0.379% | $315K | $818K | 3x | as long as short |
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1612 | +0.056% | $241K | $187K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1612 | +0.074% | $44.0M | $19.3M | 3x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1622 | +0.691% | $112K | $219K | 5x | as long as short |
| Gate CASHCAT_USDTlong | +0.0100% | 4h | 0.1611 | long leg | $1.3M | $1.9M | 20x | |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1611 | +0.019% | $569K | $2.3M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1649 | +2.335% | $1.4M | $1.4M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1633 | +1.372% | $74K | $63K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1613 | +0.130% | $65K | $1.2M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1613 | +0.115% | — | $2.4M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1624 | +0.826% | $487 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1633 | +1.338% | $17K | $354K | 10x | as long as short |
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1612 | +0.049% | $96K | $489K | 5x | as long as short |
| Lighter CASHCAT | +0.0144% | 1h | 0.1613 | +0.118% | $1.2M | $1.6M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0434% | 4h | 0.1616 | +0.304% | $1.3M | $10.2M | 20x | as long as short |
| Aster CASHCATUSDT | +0.0868% | 1h | 0.1615 | +0.223% | $533K | $1.1M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.0933% | 4h | 0.1616 | +0.304% | — | $1.0M | — | as long as short |
| MEXC CASHCAT_USDT | +0.0958% | 4h | 0.1614 | +0.186% | $8.0M | $488K | 20x | as long as short |
| Bybit CASHCATUSDTshort | +0.0966% | 4h | 0.1615 | +0.267% | $12.1M | $17.8M | 10x | |
| edgeX CASHCATUSDC | +0.1441% | 4h | 0.1650 | +2.415% | $50K | $171K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1663 | +3.221% | $8K | $11K | 5.5x | as long as short |
Gate CASHCAT_USDT
Bybit CASHCATUSDT
Lighter RH CASHCAT
Hyperliquid CASHCAT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Extended CASHCAT-USD
Lighter CASHCAT
OKX CASHCAT-USDT-SWAP
Aster CASHCATUSDT
BingX CASHCAT-USDT
MEXC CASHCAT_USDT
edgeX CASHCATUSDC
Injective CASHCAT/USDC PERP