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+0.0756%/8h= +82.8% APRpaid last 24h −0.004%
Price spread now: OKX against Hyperliquid−0.166%7-day average −0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.348%−$35 on $10k
Price spread, last 7 days+0.146%+$15 · spread now −0.166%, 7d avg −0.062%
Together, before fees−0.202%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.104% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.062%). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.348%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.348% in total (about -18.1% 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
LongHyperliquid CASHCAT0.16050.0100pay 0.0013% / 1h16m 42s$43.9M$20.0M3x
ShortOKX CASHCAT-USDT-SWAP0.16020.0856get 0.0428% / 4h16m 42s$1.4M$11.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Hyperliquid. 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
$158.8
Price spread: −0.166% → −0.062%
−$10.35
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
$129.45
Costs to cover
0.190%
Break-even
1.3 days
Slippage unknown: Hyperliquid: live order book, 7 min ago; OKX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 7 min ago1.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago3.12 bp31.0 bp −$3197.3 bp −$973doesn'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%1h0.1602−0.172%$1.1M$1.9M3xas long as short
Lighter RH CASHCAT+0.0096%1h0.1605+0.009%$316K$848K3xas long as short
Hyperliquid CASHCATlong+0.0100%1h0.1605long leg$43.9M$20.0M3x
Gate CASHCAT_USDT+0.0100%4h0.1601−0.241%$1.4M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1602−0.160%$558K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1604−0.066%$1.1M$1.7Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1595−0.602%$72K$64K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1602−0.192%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1604−0.066%$481$1K3xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1595−0.590%$18K$330K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado CASHCAT-PERP+0.0140%1h0.1603−0.088%$217K$202K5xas long as short
MEXC CASHCAT_USDT+0.0168%4h0.1605+0.015%$8.0M$523K20xas long as short
Bybit CASHCATUSDT+0.0168%4h0.1601−0.247%$12.1M$18.8M10xas long as short
edgeX CASHCATUSDC+0.0210%4h0.1601−0.239%$48K$170K5xas long as short
Extended CASHCAT-USD+0.0480%1h0.1600−0.282%$98K$608K5xas long as short
BingX CASHCAT-USDT+0.0791%4h0.1602−0.166%$1.0Mas long as short
Polymarket Perps CASHCAT-USD+0.0832%1h0.1605+0.040%$64K$1.3M3xas long as short
OKX CASHCAT-USDT-SWAPshort+0.0856%4h0.1602−0.166%$1.4M$11.0M20x
BloFin CASHCAT-USDT+0.1096%4h0.1605+0.021%$52K$502K20xas long as short
Aster CASHCATUSDT+0.2106%1h0.1603−0.119%$533K$1.1M10xas long as short
Arcus CASHCAT-USD+0.2181%1h0.1600−0.312%$96K$264K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1618+0.831%$8K$18K5.5xas long as short