CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0936%/8h= +102.5% APRnext payment +$4.68 per $10,000 · paid last 24h +0.118%

Price spread now: BloFin against MEXC+0.624%49s7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$790.786% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.449%+$45 on $10k

Price spread, last 4 days (all we have)−0.598%−$60 · spread now +0.624%, 7d avg +0.030%

Together, before fees−0.149%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BloFin is 0.594% dearer against MEXC than usual: you sell high and buy low: +$59 more if the spread goes back to its 7-day average of +0.030%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.449% in total (about 23.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.68 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	MEXC CASHCAT_USDT	0.1636	0.0462	pay 0.0231% / 4h	1h 40m	$8.2M	$527K	20x
Short	BloFin CASHCAT-USDT	0.1646	0.1398	get 0.0699% / 4h	1h 40m	$53K	$565K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.624%Rate

Funding earned: $196.63
Price spread: +0.624% → +0.030%: $59.36
Slippage, 4 orders: −$46.58
Fee MEXC: 10 bp × 2 orders: −$20
Fee BloFin: 6 bp × 2 orders: −$12
Net: $177.41
Costs to cover: 0.786%
Break-even: 0.7 days

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 46 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, 2 min ago	3.36 bp	20.5 bp −$21	303.0 bp −$3,030	1019.0 bp −$101.9K	doesn't fit
Sell BloFin live order book, 46 min ago	6.31 bp	22.4 bp −$22	70.6 bp −$706	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	−0.0520%	1h	0.1635	−0.049%	$1.1M	$1.8M	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1636	+0.043%	$44.7M	$20.3M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1636	−0.012%	$1.5M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1636	+0.012%	$575K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1639	+0.169%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1630	−0.336%	$74K	$59K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1645	+0.568%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1639	+0.196%	$492	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1638	+0.156%	$20K	$294K	10x	as long as short
Lighter RH CASHCAT	+0.0104%	1h	0.1638	+0.122%	$339K	$955K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado CASHCAT-PERP	+0.0347%	1h	0.1635	−0.021%	$206K	$194K	5x	as long as short
Bybit CASHCATUSDT	+0.0442%	4h	0.1636	+0.037%	$12.3M	$19.2M	10x	as long as short
MEXC CASHCAT_USDTlong	+0.0462%	4h	0.1636	long leg	$8.2M	$527K	20x
Extended CASHCAT-USD	+0.0480%	1h	0.1638	+0.110%	$106K	$756K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0777%	1h	0.1637	+0.098%	$64K	$1.3M	3x	as long as short
edgeX CASHCATUSDC	+0.0802%	4h	0.1631	−0.305%	$49K	$169K	5x	as long as short
Arcus CASHCAT-USD	+0.0990%	1h	0.1642	+0.394%	$102K	$280K	5x	as long as short
BingX CASHCAT-USDT	+0.1036%	4h	0.1635	−0.049%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.1061%	4h	0.1635	−0.049%	$1.5M	$12.2M	20x	as long as short
BloFin CASHCAT-USDTshort	+0.1398%	4h	0.1646	+0.624%	$53K	$565K	20x
Aster CASHCATUSDT	+0.1819%	1h	0.1637	+0.050%	$549K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1659	+1.418%	$8K	$19K	5.5x	as long as short