Funding you earn now, next payment 02:00 UTC−0.1025%/8h= −112.3% APRpaid last 24h +0.099%
Price spread now: Lighter against edgeX+0.194%7-day average −0.235% · you sell dearer than you buy
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$3043.038% of the position
Funding, last 7 days+0.307%+$31 on $10k
+Price spread, last 4 days (all we have)−1.561%−$156 · spread now +0.194%, 7d avg −0.235%
=Together, before fees−1.254%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$125 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.429% dearer against edgeX than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of −0.235%): +$43 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 33 hours. Mind the row above: over the last 7 days funding on this pair paid +0.307%, 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 0.307% in total (about 16.0% 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 | edgeX CASHCATUSDC | 0.1676 | 0.1465 | pay 0.0733% / 4h | 2h 20m | $50K | $170K | 5x |
| Short | Lighter CASHCAT | 0.1679 | 0.0440 | get 0.0055% / 1h | 20m 57s | $1.2M | $1.7M | 3x |
edgeX CASHCATUSDC
Lighter CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$215.32
- Price spread: +0.194% → −0.235%
- $42.86
- Slippage, 4 orders
- −$294.85
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$476.31
- Costs to cover
- 3.038%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 46 min ago; Lighter: live order book, 6 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 edgeX live order book, 46 min ago | 6.49 bp | 159.1 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 6.24 bp | 6.2 bp −$6 | 13.8 bp −$138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1676 | +0.015% | $251K | $190K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1679 | +0.158% | $45.9M | $19.9M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1677 | +0.027% | $1.4M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1678 | +0.128% | $594K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1680 | +0.202% | $1.4M | $1.4M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1675 | −0.062% | $76K | $64K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1679 | +0.158% | $68K | $1.2M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1677 | +0.062% | — | $2.5M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1677 | +0.021% | $503 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1678 | +0.114% | $18K | $360K | 10x | 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-USD
HTX CASHCAT-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1678 | +0.101% | $118K | $472K | 5x | as long as short |
| Lighter RH CASHCAT | +0.0304% | 1h | 0.1679 | +0.158% | $325K | $814K | 3x | as long as short |
| Lighter CASHCATshort | +0.0440% | 1h | 0.1679 | +0.194% | $1.2M | $1.7M | 3x | |
| OKX CASHCAT-USDT-SWAP | +0.0451% | 4h | 0.1682 | +0.343% | $1.3M | $10.8M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.1126% | 4h | 0.1679 | +0.164% | $8.4M | $498K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.1133% | 4h | 0.1682 | +0.349% | $12.7M | $18.2M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.1152% | 4h | 0.1681 | +0.284% | — | $1.0M | — | as long as short |
| Aster CASHCATUSDT | +0.1222% | 1h | 0.1676 | +0.009% | $553K | $1.1M | 10x | as long as short |
| edgeX CASHCATUSDClong | +0.1465% | 4h | 0.1676 | long leg | $50K | $170K | 5x | |
| Arcus CASHCAT-USD | +0.2842% | 1h | 0.1679 | +0.148% | $116K | $219K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1703 | +1.596% | $8K | $12K | 5.5x | as long as short |
Extended CASHCAT-USD
Lighter RH CASHCAT
OKX CASHCAT-USDT-SWAP
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
BingX CASHCAT-USDT
Aster CASHCATUSDT
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP