CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0433%/8h= −47.4% APRnext payment −$2.17 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against MEXC−0.087%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$780.777% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.087%, 7d avg −0.049%

Together, before fees+0.034%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and OKX is 0.038% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.049%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.17 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	0.1614	0.0896	pay 0.0448% / 4h	1h 48m	$8.0M	$491K	20x
Short	OKX CASHCAT-USDT-SWAP	0.1613	0.0463	get 0.0231% / 4h	1h 48m	$1.3M	$10.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$90.93
Price spread: −0.087% → −0.049%: −$3.8
Slippage, 4 orders: −$47.73
Fee MEXC: 10 bp × 2 orders: −$20
Fee OKX: 5 bp × 2 orders: −$10
Net: −$172.46
Costs to cover: 0.777%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: 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, 5 min ago	2.77 bp	16.9 bp −$17	222.2 bp −$2,222	1012.3 bp −$101.2K	doesn't fit
Sell OKX live order book, 5 min ago	3.07 bp	8.1 bp −$8	74.5 bp −$745	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 CASHCAT	+0.0096%	1h	0.1614	0.000%	$1.2M	$1.6M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1615	+0.006%	$314K	$820K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1614	−0.028%	$242K	$185K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1612	−0.149%	$43.9M	$19.2M	3x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1621	+0.414%	$112K	$218K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1613	−0.093%	$1.3M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1615	+0.056%	$537K	$2.3M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1626	+0.724%	$1.2M	$1.6M	—	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1616	+0.093%	$65K	$1.2M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1615	+0.053%	—	$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	0.1614	−0.025%	$484	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1625	+0.653%	$18K	$352K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1615	+0.048%	$97K	$489K	5x	as long as short
ApeX Omni CASHCATUSDT	+0.0318%	1h	0.1624	+0.607%	$74K	$63K	50x	as long as short
Aster CASHCATUSDT	+0.0368%	1h	0.1618	+0.203%	$541K	$1.0M	10x	as long as short
OKX CASHCAT-USDT-SWAPshort	+0.0463%	4h	0.1613	−0.087%	$1.3M	$10.3M	20x
Bybit CASHCATUSDT	+0.0867%	4h	0.1613	−0.081%	$12.0M	$17.9M	10x	as long as short
BingX CASHCAT-USDT	+0.0886%	4h	0.1611	−0.211%	—	$1.0M	—	as long as short
MEXC CASHCAT_USDTlong	+0.0896%	4h	0.1614	long leg	$8.0M	$491K	20x
edgeX CASHCATUSDC	+0.1367%	4h	0.1624	+0.623%	$49K	$170K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1639	+1.524%	$8K	$18K	5.5x	as long as short