CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.103%

Price spread now: Lighter RH against Hyperliquid−0.038%7-day average +0.040% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 4 days (all we have)−0.192%−$19 · spread now −0.038%, 7d avg +0.040%

Together, before fees−0.051%+ Points / potential airdropHyperliquid: Season 2 · Lighter RH: Points live · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.078% cheaper against Hyperliquid than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid CASHCAT	0.1596	0.0100	pay 0.0013% / 1h	25m 49s	$43.6M	$20.1M	3x
Short	Lighter RH CASHCAT	0.1595	0.0096	get 0.0012% / 1h	25m 49s	$312K	$846K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Hyperliquid. 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 HyperliquidbpFee Lighter RHbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$0.84
Price spread: −0.038% → +0.040%: −$7.78
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$17.62
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 8 min ago; Lighter RH: live order book, 32 min ago. Net counts fees only.

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 Hyperliquid live order book, 8 min ago	1.59 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 32 min ago	8.16 bp	8.2 bp −$8	12.7 bp −$127	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	0.1594	−0.113%	$1.1M	$1.9M	3x	as long as short
Lighter RH CASHCATshort	+0.0096%	1h	0.1595	−0.038%	$312K	$846K	3x
Nado CASHCAT-PERP	+0.0100%	1h	0.1591	−0.288%	$215K	$203K	5x	as long as short
Hyperliquid CASHCATlong	+0.0100%	1h	0.1596	long leg	$43.6M	$20.1M	3x
Gate CASHCAT_USDT	+0.0100%	4h	0.1593	−0.150%	$1.4M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1594	−0.125%	$559K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1594	−0.072%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1598	+0.150%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1594	−0.111%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1593	−0.132%	$478	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1599	+0.227%	$18K	$333K	10x	as long as short
Bybit CASHCATUSDT	+0.0230%	4h	0.1597	+0.063%	$12.1M	$18.7M	10x	as long as short
MEXC CASHCAT_USDT	+0.0238%	4h	0.1595	−0.056%	$7.9M	$522K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1594	−0.109%	$98K	$610K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0749%	1h	0.1594	−0.094%	$64K	$1.3M	3x	as long as short
BingX CASHCAT-USDT	+0.0770%	4h	0.1598	+0.150%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0810%	4h	0.1598	+0.150%	$1.4M	$11.0M	20x	as long as short
edgeX CASHCATUSDC	+0.0866%	4h	0.1580	−1.000%	$47K	$170K	5x	as long as short
BloFin CASHCAT-USDT	+0.1051%	4h	0.1599	+0.213%	$53K	$501K	20x	as long as short
Aster CASHCATUSDT	+0.2056%	1h	0.1592	−0.238%	$529K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1595	−0.033%	$96K	$262K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1609	+0.840%	$8K	$18K	5.5x	as long as short