CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against MEXC+0.048%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$1071.066% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 7 days−0.143%−$14 · spread now +0.048%, 7d avg −0.065%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.113% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CASHCAT_USDT	0.1659	0.1264	pay 0.0632% / 4h	2h 39m	$8.3M	$496K	20x
Short	BingX CASHCAT-USDT	0.1660	0.1280	get 0.0640% / 4h	2h 39m	—	$1.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.048%Rate

Funding earned: $3.36
Price spread: +0.048% → −0.065%: $11.28
Slippage, 4 orders: −$76.58
Fee MEXC: 10 bp × 2 orders: −$20
Fee BingX: 5 bp × 2 orders: −$10
Net: −$91.94
Costs to cover: 1.066%
Break-even: 198.5 days

Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 5 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 MEXC live order book, 3 min ago	5.70 bp	21.7 bp −$22	258.3 bp −$2,583	1344.9 bp −$134.5K	doesn't fit
Sell BingX live order book, 5 min ago	8.97 bp	34.2 bp −$34	90.5 bp −$905	508.7 bp −$50.9K	968.3 bp −$484.1K

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
Nado CASHCAT-PERP	+0.0100%	1h	0.1660	+0.039%	$248K	$189K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1660	+0.054%	$45.5M	$20.4M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1657	−0.115%	$1.4M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1658	−0.066%	$585K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1667	+0.461%	$1.4M	$1.4M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1673	+0.838%	$75K	$64K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1660	+0.048%	$67K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1658	−0.102%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1660	+0.042%	$498	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1662	+0.194%	$18K	$369K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CASHCAT-USD	+0.0104%	1h	0.1657	−0.111%	$116K	$479K	5x	as long as short
Lighter RH CASHCAT	+0.0248%	1h	0.1659	+0.012%	$322K	$810K	3x	as long as short
Lighter CASHCAT	+0.0408%	1h	0.1659	+0.012%	$1.2M	$1.7M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0409%	4h	0.1664	+0.289%	$1.3M	$10.8M	20x	as long as short
BloFin CASHCAT-USDT	+0.0642%	4h	0.1672	+0.771%	$51K	$490K	20x	as long as short
Bybit CASHCATUSDT	+0.1239%	4h	0.1660	+0.036%	$12.6M	$18.6M	10x	as long as short
MEXC CASHCAT_USDTlong	+0.1264%	4h	0.1659	long leg	$8.3M	$496K	20x
BingX CASHCAT-USDTshort	+0.1280%	4h	0.1660	+0.048%	—	$1.0M	—
edgeX CASHCATUSDC	+0.1542%	4h	0.1674	+0.917%	$50K	$170K	5x	as long as short
Aster CASHCATUSDT	+0.1585%	1h	0.1660	+0.042%	$549K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2842%	1h	0.1663	+0.253%	$115K	$224K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1693	+2.037%	$8K	$12K	5.5x	as long as short