CASHCAT 永续合约资金费率 — 各交易所对比
Cash Cat
CASHCAT 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 CASHCAT：做多 Variational / 做空 Lighter → 扣除成本后一周 +$39.05（实际结算年化 103.1%）。
- 做多 Variational做空 Lighter+$39.05每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +103.1%
- 稳定
- 78%
回本 无法回本 - 做多 Gate.io做空 Lighter+$24.64每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +122.7%
- 稳定
- 95%
回本 0.5 天
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+155.81%
Interval
1h
Open Interest
$209K
Mark Price
$0.1675
+98.18%
Interval
1h
Open Interest
$1.5M
Mark Price
$0.1675
+52.60%
Interval
1h
Open Interest
$64K
Mark Price
$0.1672
+37.26%
Interval
4h
Open Interest
$55K
Mark Price
$0.1678
+30.73%
Interval
1h
Open Interest
$64K
Mark Price
$0.1679
+22.34%
Interval
4h
Open Interest
$513K
Mark Price
$0.168
+11.08%
Interval
4h
Open Interest
—
Mark Price
$0.1677
+10.96%
Interval
4h
Open Interest
$14.3M
Mark Price
$0.1677
+10.96%
Interval
4h
Open Interest
$1.4M
Mark Price
$0.1677
+10.96%
Interval
1h
Open Interest
$21.1M
Mark Price
$0.1678
+10.96%
Interval
4h
Open Interest
$964K
Mark Price
$0.1675
+10.96%
Interval
4h
Open Interest
$1.9M
Mark Price
$0.1675
+10.96%
Interval
1h
Open Interest
$10K
Mark Price
$0.168
+10.96%
Interval
4h
Open Interest
$648K
Mark Price
$0.1677
+10.96%
Interval
4h
Open Interest
$9.9M
Mark Price
$0.1677
+10.96%
Interval
1h
Open Interest
$75K
Mark Price
$0.1673
+10.96%
Interval
4h
Open Interest
$1.5M
Mark Price
$0.1674
+10.96%
Interval
1h
Open Interest
$0K
Mark Price
$0.1677
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.1679
+10.96%
Interval
4h
Open Interest
$97K
Mark Price
$0.1676
+10.96%
Interval
4h
Open Interest
$75K
Mark Price
$0.1676
+10.96%
Interval
4h
Open Interest
—
Mark Price
$0.1689
+10.96%
Interval
1h
Open Interest
$91K
Mark Price
$0.1674
+10.96%
Interval
1h
Open Interest
$154K
Mark Price
$0.169
+10.96%
Interval
1h
Open Interest
$2K
Mark Price
$0.1678
+10.96%
Interval
1h
Open Interest
$21.1M
Mark Price
$0.1678
+10.96%
Interval
1h
Open Interest
$21.1M
Mark Price
$0.1678
+10.72%
Interval
4h
Open Interest
$3K
Mark Price
$0.1678
+10.52%
Interval
1h
Open Interest
$346K
Mark Price
$0.1677
-47.82%
Interval
1h
Open Interest
$9K
Mark Price
$0.1674
-53.54%
Interval
4h
Open Interest
$52K
Mark Price
$0.1676
-302.28%
Interval
1h
Open Interest
$512K
Mark Price
$0.1677
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 NADOBest Short | +155.81% | 1h | $209K | $0.1675 |
 Lighter | +98.18% | 1h | $1.5M | $0.1675 |
 Extended | +52.60% | 1h | $64K | $0.1672 |
 BloFin | +37.26% | 4h | $55K | $0.1678 |
 Polymarket | +30.73% | 1h | $64K | $0.1679 |
 Toobit | +22.34% | 4h | $513K | $0.168 |
 CoinW | +11.08% | 4h | — | $0.1677 |
 Bybit | +10.96% | 4h | $14.3M | $0.1677 |
 OKX | +10.96% | 4h | $1.4M | $0.1677 |
 Hyperliquid | +10.96% | 1h | $21.1M | $0.1678 |
 BingX | +10.96% | 4h | $964K | $0.1675 |
 Gate.io | +10.96% | 4h | $1.9M | $0.1675 |
 HTX | +10.96% | 1h | $10K | $0.168 |
 KuCoin | +10.96% | 4h | $648K | $0.1677 |
 MEXC | +10.96% | 4h | $9.9M | $0.1677 |
 ApeX | +10.96% | 1h | $75K | $0.1673 |
 Variational | +10.96% | 4h | $1.5M | $0.1674 |
 SoDEX | +10.96% | 1h | $0K | $0.1677 |
 Bitunix | +10.96% | 4h | — | $0.1679 |
 Hotcoin | +10.96% | 4h | $97K | $0.1676 |
 Pionex | +10.96% | 4h | $75K | $0.1676 |
 LBank | +10.96% | 4h | — | $0.1689 |
 TxFlow | +10.96% | 1h | $91K | $0.1674 |
 Arcus | +10.96% | 1h | $154K | $0.169 |
 PopDEX | +10.96% | 1h | $2K | $0.1678 |
 dreamcash | +10.96% | 1h | $21.1M | $0.1678 |
 Ventuals | +10.96% | 1h | $21.1M | $0.1678 |
 WEEX | +10.72% | 4h | $3K | $0.1678 |
 Lighter Robinhood | +10.52% | 1h | $346K | $0.1677 |
 Crypto.com | -47.82% | 1h | $9K | $0.1674 |
 edgeX V2 | -53.54% | 4h | $52K | $0.1676 |
 AsterBest Long | -302.28% | 1h | $512K | $0.1677 |
CASHCAT 资金费率的含义
资金费率数据更新于 2026-09-27 22:42 UTC
ORBIT 按交易所实时汇总 CASHCAT（Cash Cat） 永续合约在 32 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 CASHCAT 的年化资金费率从 Aster 的 -302.28% 到 NADO 的 +155.81% 不等。
CASHCAT 当前最大的跨所资金费率价差为年化 458.1%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Aster 做多，在费率最高的 NADO 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
CASHCAT 在所跟踪的永续品种中持仓量排名第 118，各交易所合计持仓量 $97.7M，24 小时成交量 $63.4M，成交量加权标记价格 $0.1678。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 CASHCAT 资金费率最高？
- NADO，年化 +155.81%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，CASHCAT 应在哪家交易所做多？
- Aster 的 CASHCAT 资金费率最低，为年化 -302.28%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- CASHCAT 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Aster 做多 / NADO 做空，扣除成本前约为年化 458.1%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- CASHCAT 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- CASHCAT 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -302.28% 到 +155.81%——正是这种分歧创造了跨所套利机会。