Funding you earn now, next payment 06:00 UTC−0.1756%/8h= −192.3% APRnext payment −$2.19 per $10,000 · paid last 24h +0.125%
Price spread now: Lighter against HTX−0.196%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$449as in the Funding arb table
Net, price: spread back to 7d avg − costs−$531as in the Price arb table
costs, in and out, $10k−$5205.205% of the position
Funding, last 7 days+0.715%+$72 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now −0.196%, 7d avg −0.089%
=Together, before fees+0.454%+ Points / potential airdropLighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and Lighter is 0.107% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.089%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.715%, 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 0.715% in total (about 37.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.19 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 | HTX CASHCAT-USDT | 0.1572 | 0.0100 | pay 0.0013% / 1h | 54m 10s | $18K | $311K | 10x |
| Short | Lighter CASHCAT | 0.1569 | −0.1656 | pay 0.0207% / 1h | 54m 10s | $1.1M | $1.8M | 3x |
HTX CASHCAT-USDT
Lighter CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- −$368.76
- Price spread: −0.196% → −0.089%
- −$10.68
- Slippage, 4 orders
- −$508.46
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$899.9
- Costs to cover
- 5.205%
- Break-even
- never at this rate
Slippage from HTX: live order book, 58 min ago; Lighter: live order book, 2 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 HTX live order book, 58 min ago | 54.73 bp | 286.5 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 5.39 bp | 8.5 bp −$8 | 20.2 bp −$202 | 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 CASHCATshort | −0.1656% | 1h | 0.1569 | −0.196% | $1.1M | $1.8M | 3x | |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1572 | −0.005% | $319K | $918K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1572 | −0.024% | $43.0M | $19.9M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1573 | +0.033% | $11.7M | $19.0M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1572 | −0.011% | $1.4M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1573 | +0.071% | $7.8M | $511K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1573 | +0.020% | $553K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1582 | +0.642% | $1.0M | $1.7M | — | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1571 | −0.095% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1571 | −0.094% | $471 | $1K | 3x | as long as short |
Lighter RH CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
SunX CASHCAT-USDT
SoDEX CASHCAT-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDTlong | +0.0100% | 1h | 0.1572 | long leg | $18K | $311K | 10x | |
| Nado CASHCAT-PERP | +0.0389% | 1h | 0.1568 | −0.240% | $212K | $183K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1571 | −0.060% | $165K | $675K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0766% | 4h | 0.1583 | +0.672% | $48K | $169K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0890% | 4h | 0.1573 | +0.046% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0973% | 4h | 0.1573 | +0.046% | $1.4M | $11.2M | 20x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0977% | 1h | 0.1573 | +0.078% | $67K | $1.3M | 3x | as long as short |
| BloFin CASHCAT-USDT | +0.1252% | 4h | 0.1573 | +0.046% | $52K | $522K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1310% | 1h | 0.1574 | +0.134% | $526K | $1.1M | 10x | as long as short |
| ApeX Omni CASHCATUSDT | +0.1874% | 1h | 0.1585 | +0.803% | $72K | $64K | 50x | as long as short |
| Arcus CASHCAT-USD | +0.2390% | 1h | 0.1579 | +0.407% | $96K | $267K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1596 | +1.509% | $8K | $18K | 5.5x | as long as short |
Nado CASHCAT-PERP
Extended CASHCAT-USD
edgeX CASHCATUSDC
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
Polymarket Perps CASHCAT-USD
BloFin CASHCAT-USDT
Aster CASHCATUSDT
ApeX Omni CASHCATUSDT
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP