CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0368%/8h= −40.3% APRnext payment −$1.84 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against OKX+0.006%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$209as in the Funding arb table

Net, price: spread back to 7d avg − costs−$203as in the Price arb table

costs, in and out, $10k−$2062.064% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days+0.104%+$10 · spread now +0.006%, 7d avg −0.028%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.035% dearer against OKX than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.028%): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.024% in total) that is about 10.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.84 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	OKX CASHCAT-USDT-SWAP	0.1617	0.0468	pay 0.0234% / 4h	1h 48m	$1.3M	$10.3M	20x
Short	KuCoin CASHCATUSDTM	0.1617	0.0100	get 0.0050% / 4h	1h 48m	$539K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$77.29
Price spread: +0.006% → −0.028%: $3.45
Slippage, 4 orders: −$184.4
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$280.23
Costs to cover: 2.064%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 3 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 OKX live order book, 4 min ago	3.07 bp	33.6 bp −$34	104.2 bp −$1,042	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	8.61 bp	82.5 bp −$82	doesn't fit	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	0.1618	+0.043%	$1.2M	$1.6M	3x	as long as short
Lighter RH CASHCAT	+0.0096%	1h	0.1618	+0.049%	$315K	$820K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1614	−0.186%	$242K	$185K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1615	−0.093%	$44.0M	$19.2M	3x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1623	+0.351%	$112K	$218K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1615	−0.099%	$1.3M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTMshort	+0.0100%	4h	0.1617	+0.006%	$539K	$2.3M	10x
Variational Omni CASHCAT	+0.0100%	4h	0.1626	+0.562%	$1.2M	$1.6M	—	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1617	+0.025%	$65K	$1.2M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1616	−0.077%	—	$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	0.1615	−0.130%	$484	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1625	+0.491%	$17K	$352K	10x	as long as short
Extended CASHCAT-USD	+0.0104%	1h	0.1616	−0.039%	$97K	$489K	5x	as long as short
ApeX Omni CASHCATUSDT	+0.0318%	1h	0.1624	+0.445%	$74K	$63K	50x	as long as short
Aster CASHCATUSDT	+0.0415%	1h	0.1619	+0.105%	$541K	$1.0M	10x	as long as short
OKX CASHCAT-USDT-SWAPlong	+0.0468%	4h	0.1617	long leg	$1.3M	$10.3M	20x
BingX CASHCAT-USDT	+0.0886%	4h	0.1618	+0.062%	—	$1.0M	—	as long as short
Bybit CASHCATUSDT	+0.0896%	4h	0.1617	0.000%	$12.1M	$17.9M	10x	as long as short
MEXC CASHCAT_USDT	+0.0918%	4h	0.1618	+0.062%	$8.0M	$491K	20x	as long as short
edgeX CASHCATUSDC	+0.1367%	4h	0.1624	+0.462%	$49K	$170K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1639	+1.361%	$8K	$18K	5.5x	as long as short