Settings8H · net · $10k
Funding arb · Price arb /

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0230%/8h= −25.1% APRnext payment $0.29 per $10,000 · paid last 24h −0.037%
Price spread now: Lighter RH against Aster+0.026%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$730.729% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.449%−$45 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now +0.026%, 7d avg +0.094%
Together, before fees−0.283%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Lighter RH is 0.068% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.094%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CASHCATUSDT0.16420.0606pay 0.0076% / 1h33m 37s$549K$1.0M10x
ShortLighter RH CASHCAT0.16420.0376get 0.0047% / 1h33m 37s$320K$823K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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

Funding earned
−$48.22
Price spread: +0.026% → +0.094%
−$6.85
Slippage, 4 orders
−$64.88
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$127.94
Costs to cover
0.729%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Lighter RH: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago3.67 bp20.7 bp −$21176.2 bp −$1,762doesn't fitdoesn't fit
Sell Lighter RH live order book, 29 min ago11.49 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado CASHCAT-PERP+0.0100%1h0.1642+0.002%$246K$185K5xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1642+0.044%$44.8M$19.2M3xas long as short
Arcus CASHCAT-USD+0.0100%1h0.1642−0.003%$114K$219K5xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1640−0.102%$1.4M$1.9M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1641−0.065%$557K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1642+0.043%$1.2M$1.5Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1641−0.011%$74K$63K50xas long as short
Polymarket Perps CASHCAT-USD+0.0100%1h0.1641−0.072%$66K$1.2M3xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1640−0.114%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1640−0.114%$492$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1638−0.193%$18K$347K10xas long as short
Extended CASHCAT-USD+0.0104%1h0.1642+0.033%$100K$492K5xas long as short
Lighter RH CASHCATshort+0.0376%1h0.1642+0.026%$320K$823K3x
OKX CASHCAT-USDT-SWAP+0.0513%4h0.1645+0.203%$1.4M$10.5M20xas long as short
Lighter CASHCAT+0.0600%1h0.1643+0.050%$1.2M$1.7M3xas long as short
Aster CASHCATUSDTlong+0.0606%1h0.1642long leg$549K$1.0M10x
Bybit CASHCATUSDT+0.0618%4h0.1646+0.294%$12.3M$17.9M10xas long as short
MEXC CASHCAT_USDT+0.0640%4h0.1644+0.123%$8.2M$498K20xas long as short
BingX CASHCAT-USDT+0.0700%4h0.1645+0.203%$1.0Mas long as short
BloFin CASHCAT-USDT+0.0730%4h0.1643+0.081%$52K$469K20xas long as short
edgeX CASHCATUSDC+0.0994%4h0.1643+0.084%$49K$170K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1654+0.751%$8K$18K5.5xas long as short