Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0604%/8h= +66.2% APRpaid last 24h +0.079%

Price spread now: Polymarket Perps against Gate+0.025%7-day average +0.135% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$1701.702% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.534%+$53 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.025%, 7d avg +0.135%

Together, before fees+0.506%+$51 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.110% cheaper against Gate than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.135%). If the spread goes back, that is −$11 on $10k: about 15 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.534% in total) that is about 35 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CASHCAT_USDT	0.1596	0.0100	pay 0.0050% / 4h	3h 21m	$1.4M	$2.0M	20x
Short	Polymarket Perps CASHCAT-USD	0.1597	0.0704	get 0.0088% / 1h	21m 03s	$65K	$1.3M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee GatebpFee Polymarket PerpsbpOrdersPrice spread, now +0.025%Rate

Funding earned: $126.91
Price spread: +0.025% → +0.135%: −$11.02
Slippage, 4 orders: −$147.16
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$54.28
Costs to cover: 1.702%
Break-even: 10.0 days

Slippage from Gate: live order book, 2 min ago; Polymarket Perps: live order book, 2 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, 2 min ago	6.26 bp	79.1 bp −$79	1208.0 bp −$12.1K	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.50 bp	8.9 bp −$9	17.4 bp −$174	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
Lighter CASHCAT	+0.0096%	1h	0.1596	+0.013%	$1.1M	$1.9M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1598	+0.100%	$43.6M	$19.9M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1598	+0.107%	$11.9M	$18.9M	10x	as long as short
Gate CASHCAT_USDTlong	+0.0100%	4h	0.1596	long leg	$1.4M	$2.0M	20x
MEXC CASHCAT_USDT	+0.0100%	4h	0.1599	+0.163%	$7.9M	$521K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1596	−0.006%	$559K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1598	+0.130%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1600	+0.232%	$73K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1596	−0.019%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1596	−0.031%	$479	$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	0.1601	+0.304%	$18K	$318K	10x	as long as short
edgeX CASHCATUSDC	+0.0166%	4h	0.1603	+0.424%	$49K	$169K	5x	as long as short
Lighter RH CASHCAT	+0.0328%	1h	0.1599	+0.169%	$316K	$905K	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1597	+0.022%	$167K	$675K	5x	as long as short
Nado CASHCAT-PERP	+0.0645%	1h	0.1593	−0.185%	$215K	$181K	5x	as long as short
Polymarket Perps CASHCAT-USDshort	+0.0704%	1h	0.1597	+0.025%	$65K	$1.3M	3x
BingX CASHCAT-USDT	+0.0892%	4h	0.1599	+0.175%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0916%	4h	0.1599	+0.175%	$1.4M	$11.2M	20x	as long as short
BloFin CASHCAT-USDT	+0.1192%	4h	0.1598	+0.113%	$52K	$527K	20x	as long as short
Arcus CASHCAT-USD	+0.2486%	1h	0.1603	+0.436%	$97K	$265K	5x	as long as short
Aster CASHCATUSDT	+0.3263%	1h	0.1598	+0.098%	$534K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1636	+2.493%	$8K	$18K	5.5x	as long as short