CASHCAT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitCASHCAT_USDC-PERPETUAL	0.09420	+0.6160	pay 0.0770% / 1h	46m 29s	$7K	$221K	10x	Long Deribit
SHORT	LighterCASHCAT	0.09379	+0.0176	get 0.0022% / 1h	46m 29s	$313K	$573K	3x	Short Lighter7d free

Price gap−0.435%

Funding gap−0.5984% /8h

Both sides work against this direction now: funding costs $180 a day on $10k and the gap is 0.641% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$148−0.5984% /8h now · paid −1.484% over the last 7D

Price−$64spread −0.435% now, avg +0.206% → −0.641% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$213−2.13%+ Points / potential airdropLighter: Season 3 · farm boardcosts unknown: book too thin at $10k ·

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −1.484% in total, about −0.0707%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.435%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CASHCAT on 26 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than Deribit’s order book right now.
Note: Margin at max leverage$1,000 + $3,333
Deribit 10x, Lighter 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$179.53Long Deribit: 24 payments, −$184.81; short Lighter: 24 payments, +$5.28.
Watch: Gap narrower than usual−0.435% vs +0.206%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$7K vs $313K OI
Deribit sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
Watch: KYCDeribit Yes · Lighter No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0707%/8h × 21 periods−$148.37

Price spread−0.435% → +0.206% (7d avg)−$64.14

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Deribit bp × 2 orders−$7.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Deribit: live order book, 29 min ago; Lighter: live order book, 31 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit63.28doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTLighter6.2832.1 bp−$3285.6 bp−$856doesn’t fitdoesn’t fit

Closing costs about the same again.

CASHCAT news

posts that mention CASHCAT, from every exchange

11-03 17:35	Kraken Futures	Other	Is $Cashcat king? 👑 Find it on Kraken ⤵️ @krakenfx on X ↗
10-20 18:15	Kraken Futures	Other	On the DEX radar 👀 $CASHCAT · $GEOD · $STONK · $HOOKR · $ZCAT Explore on Kraken ⤵️ @krakenfx on X ↗
10-15 10:02	Deribit	Listing	🚨 Now live on Deribit: PONS and CASHCAT USDC settled perpetuals. ↓ @DeribitOfficial on X ↗
10-15 10:01	Deribit	Listing	new market CASHCAT_USDC-PERPETUAL ($CASHCAT) seen by our collector
09-22 17:11	Avantis	Listing	new market CASHCAT/USD ($CASHCAT) seen by our collector
09-22 02:01	Popdex	Token	Round 4 of the PopDEX rewards has been airdroped. For trader&contributor rewards, this round covers activity from Sep 6 to Sep 20. Users with $150K+ cumulative trading volume were eligible. Top reward: 8,000 USDT. For Meme Gang War rewards, Robinhood Gang takes it with 25% positive-PnL traders. 👉🏻 The top 50 traders by volume in Robinhood Gang shared the winner rewards, with the top reward reaching 1,000 USDT. Plus: 1,000 USDT bonus pool shared by 51 $PONS / $CASHCAT traders. Check your PopDEX portfolio. 👀 @popdex_ on X ↗