Funding you earn now, next payment 02:00 UTC−0.0912%/8h= −99.9% APRpaid last 24h +0.111%
Price spread now: Lighter RH against BingX−0.191%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$900.897% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 4 days (all we have)+0.398%+$40 · spread now −0.191%, 7d avg +0.038%
=Together, before fees+0.821%+ Points / potential airdropLighter RH: Points live · farm board+$82 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Lighter RH is 0.229% cheaper against BingX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.423%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.423% in total (about 22.1% a year). A funding rate is set anew for every payment. 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 | BingX CASHCAT-USDT | 0.1675 | 0.1008 | pay 0.0504% / 4h | 2h 04m | — | $1.0M | — |
| Short | Lighter RH CASHCAT | 0.1672 | 0.0096 | get 0.0012% / 1h | 4m 43s | $326K | $816K | 3x |
BingX CASHCAT-USDT
Lighter RH CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$191.52
- Price spread: −0.191% → +0.038%
- −$22.91
- Slippage, 4 orders
- −$79.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$304.16
- Costs to cover
- 0.897%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Lighter RH: live order book, 63 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 BingX live order book, 5 min ago | 6.01 bp | 33.1 bp −$33 | 75.9 bp −$759 | 562.2 bp −$56.2K | 1033.2 bp −$516.6K |
| Sell Lighter RH live order book, 63 min ago | 12.38 bp | 14.1 bp −$14 | 19.1 bp −$191 | 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 RH CASHCATshort | +0.0096% | 1h | 0.1672 | −0.191% | $326K | $816K | 3x | |
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1669 | −0.361% | $250K | $190K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1670 | −0.307% | $45.7M | $19.1M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1669 | −0.376% | $1.4M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1672 | −0.191% | $590K | $2.3M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1674 | −0.080% | $1.4M | $1.4M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1671 | −0.245% | $75K | $64K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1670 | −0.293% | $67K | $1.2M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1669 | −0.371% | — | $2.5M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1669 | −0.340% | $501 | $1K | 3x | as long as short |
Nado CASHCAT-PERP
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1670 | −0.293% | $18K | $355K | 10x | as long as short |
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1671 | −0.215% | $117K | $470K | 5x | as long as short |
| Lighter CASHCAT | +0.0232% | 1h | 0.1673 | −0.149% | $1.2M | $1.7M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0443% | 4h | 0.1675 | 0.000% | $1.3M | $10.4M | 20x | as long as short |
| Aster CASHCATUSDT | +0.0862% | 1h | 0.1671 | −0.264% | $551K | $1.0M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0958% | 4h | 0.1673 | −0.113% | $8.3M | $500K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0960% | 4h | 0.1674 | −0.042% | $12.7M | $17.9M | 10x | as long as short |
| BingX CASHCAT-USDTlong | +0.1008% | 4h | 0.1675 | long leg | — | $1.0M | — | |
| edgeX CASHCATUSDC | +0.1247% | 4h | 0.1672 | −0.169% | $50K | $170K | 5x | as long as short |
| Arcus CASHCAT-USD | +0.2842% | 1h | 0.1673 | −0.102% | $116K | $217K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1703 | +1.672% | $8K | $12K | 5.5x | as long as short |
HTX CASHCAT-USDT
Extended CASHCAT-USD
Lighter CASHCAT
OKX CASHCAT-USDT-SWAP
Aster CASHCATUSDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP