CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.4968%/8h= −544.0% APRnext payment −$6.21 per $10,000 · paid last 24h −1.237%

Price spread now: Lighter against Injective−0.793%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$149 a day on $10k at the current rate, and Lighter is 0.793% cheaper against Injective than usual: you would sell low and buy high (−$79 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CASHCAT/USDC PERP	0.1615	0.5000	pay 0.0625% / 1h	52m 24s	$8K	$18K	5.5x
Short	Lighter CASHCAT	0.1602	0.0032	get 0.0004% / 1h	52m 24s	$1.1M	$1.8M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now −0.793%Rate

Funding earned: −$1,043.28
Price spread: −0.793% → 0.000%: −$79.26
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$1,122.56
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 4 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	5.64 bp	5.6 bp −$6	29.2 bp −$292	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0032%	1h	0.1602	−0.793%	$1.1M	$1.8M	3x
Bybit CASHCATUSDT	+0.0100%	4h	0.1605	−0.607%	$12.0M	$18.8M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1605	−0.650%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1605	−0.625%	$8.0M	$517K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1606	−0.570%	$572K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1601	−0.856%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1601	−0.885%	$73K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1600	−0.950%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1603	−0.774%	$481	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1597	−1.102%	$18K	$324K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid CASHCAT	+0.0175%	1h	0.1605	−0.619%	$43.9M	$19.9M	3x	as long as short
Polymarket Perps CASHCAT-USD	+0.0359%	1h	0.1604	−0.656%	$65K	$1.3M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1604	−0.674%	$98K	$603K	5x	as long as short
Nado CASHCAT-PERP	+0.0610%	1h	0.1602	−0.811%	$216K	$188K	5x	as long as short
Lighter RH CASHCAT	+0.0688%	1h	0.1606	−0.545%	$301K	$865K	3x	as long as short
BingX CASHCAT-USDT	+0.0940%	4h	0.1604	−0.681%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.1024%	4h	0.1605	−0.619%	$1.5M	$11.1M	20x	as long as short
BloFin CASHCAT-USDT	+0.1330%	4h	0.1602	−0.805%	$52K	$498K	20x	as long as short
edgeX CASHCATUSDC	+0.1332%	4h	0.1604	−0.686%	$48K	$169K	5x	as long as short
Aster CASHCATUSDT	+0.2325%	1h	0.1601	−0.867%	$535K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2486%	1h	0.1601	−0.841%	$96K	$262K	5x	as long as short
Injective CASHCAT/USDC PERPlong	+0.5000%	1h	0.1615	long leg	$8K	$18K	5.5x