CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0384%/8h= −42.0% APRnext payment −$0.48 per $10,000 · paid last 24h +0.069%

Price spread now: Lighter RH against Extended+0.258%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1201.195% of the position

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.258%, 7d avg +0.051%

Together, before fees−0.294%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.207% dearer against Extended than usual: you sell high and buy low (spread +0.258% now, against its 7-day average of +0.051%): +$21 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.010% in total) that is about 5 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 per $10,000. 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	Extended CASHCAT-USD	0.1710	0.0480	pay 0.0060% / 1h	3m 28s	$94K	$477K	5x
Short	Lighter RH CASHCAT	0.1714	0.0096	get 0.0012% / 1h	3m 28s	$332K	$808K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee Lighter RHbpOrdersPrice spread, now +0.258%Rate

Funding earned: −$80.64
Price spread: +0.258% → +0.051%: $20.74
Slippage, 4 orders: −$114.52
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$179.41
Costs to cover: 1.195%
Break-even: never at this rate

Slippage from Extended: live order book, 19 min ago; Lighter RH: live order book, 19 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 Extended live order book, 19 min ago	18.49 bp	48.0 bp −$48	271.3 bp −$2,713	doesn't fit	doesn't fit
Sell Lighter RH live order book, 19 min ago	10.92 bp	10.9 bp −$11	16.3 bp −$163	doesn't fit	doesn't fit

CASHCAT on 22 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 CASHCAT	+0.0096%	1h	0.1712	+0.141%	$1.2M	$2.0M	3x	as long as short
Lighter RH CASHCATshort	+0.0096%	1h	0.1714	+0.258%	$332K	$808K	3x
Hyperliquid CASHCAT	+0.0100%	1h	0.1710	+0.012%	$48.5M	$18.9M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1710	+0.036%	$12.8M	$18.6M	10x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1709	−0.046%	$1.0M	$10.7M	20x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1711	+0.043%	$100K	$183K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1710	+0.007%	$1.4M	$2.1M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1711	+0.077%	$8.5M	$494K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1710	−0.005%	$579K	$2.4M	10x	as long as short
BingX CASHCAT-USDT	+0.0100%	4h	0.1709	−0.046%	—	$1.0M	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CASHCAT	+0.0100%	4h	0.1714	+0.218%	$1.4M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1712	+0.153%	$77K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1714	+0.240%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1714	+0.252%	$514	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1712	+0.108%	$18K	$413K	10x	as long as short
edgeX CASHCATUSDC	+0.0158%	4h	0.1715	+0.312%	$51K	$171K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0249%	1h	0.1710	+0.018%	$67K	$1.3M	3x	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1713	+0.188%	$50K	$497K	20x	as long as short
Extended CASHCAT-USDlong	+0.0480%	1h	0.1710	long leg	$94K	$477K	5x
Nado CASHCAT-PERP	+0.0536%	1h	0.1708	−0.087%	$241K	$158K	5x	as long as short
Aster CASHCATUSDT	+0.0720%	1h	0.1711	+0.044%	$560K	$1.2M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1824	+6.680%	$12K	$9K	5.5x	as long as short