Funding you earn now, next payment 08:00 UTC−0.4904%/8h= −537.0% APRnext payment −$6.13 per $10,000 · paid last 24h −1.282%
Price spread now: Lighter RH against Injective−1.318%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$147 a day on $10k at the current rate, and Lighter RH is 1.318% cheaper against Injective than usual: you would sell low and buy high (−$132 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 | 0.1685 | 0.5000 | pay 0.0625% / 1h | 20m 44s | $8K | $18K | 5.5x |
| Short | Lighter RH CASHCAT | 0.1663 | 0.0096 | get 0.0012% / 1h | 20m 44s | $347K | $972K | 3x |
Injective CASHCAT/USDC PERP
Lighter RH CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Injective. 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
- −$1,029.84
- Price spread: −1.318% → 0.000%
- −$131.75
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$1,161.61
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 17 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 RH live order book, 17 min ago | 11.48 bp | 13.9 bp −$14 | 19.2 bp −$192 | 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 CASHCAT | +0.0096% | 1h | 0.1662 | −1.389% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCATshort | +0.0096% | 1h | 0.1663 | −1.318% | $347K | $972K | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1662 | −1.390% | $45.7M | $20.5M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1665 | −1.175% | $12.4M | $19.2M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1664 | −1.273% | $106K | $312K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1661 | −1.395% | $1.5M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1664 | −1.252% | $8.4M | $539K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1663 | −1.300% | $580K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1668 | −1.029% | $1.1M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1663 | −1.282% | $75K | $60K | 50x | as long as short |
Lighter CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Arcus CASHCAT-USD
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1666 | −1.136% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1667 | −1.096% | $22K | $273K | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0151% | 1h | 0.1667 | −1.074% | $500 | $1K | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0353% | 4h | 0.1667 | −1.093% | $50K | $168K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1669 | −0.978% | $239K | $887K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0591% | 1h | 0.1665 | −1.163% | $65K | $1.4M | 3x | as long as short |
| BingX CASHCAT-USDT | +0.0648% | 4h | 0.1661 | −1.424% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0656% | 4h | 0.1662 | −1.365% | $1.4M | $12.7M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.0905% | 4h | 0.1660 | −1.484% | $52K | $579K | 20x | as long as short |
| Nado CASHCAT-PERP | +0.1394% | 1h | 0.1663 | −1.276% | $246K | $208K | 5x | as long as short |
| Aster CASHCATUSDT | +0.2312% | 1h | 0.1665 | −1.183% | $556K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERPlong | +0.5000% | 1h | 0.1685 | long leg | $8K | $18K | 5.5x |
SunX CASHCAT-USDT
HTX CASHCAT-USDT
SoDEX CASHCAT-USD
edgeX CASHCATUSDC
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Nado CASHCAT-PERP
Aster CASHCATUSDT