Funding you earn now, next payment 00:00 UTC+0.0314%/8h= +34.4% APRnext payment +$0.39 per $10,000 · paid last 24h +0.063%
Price spread now: Arcus against Lighter+0.064%55s7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1701.704% of the position
Funding, last 3 days (all we have)+0.236%+$24 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.064%, 7d avg +0.127%
=Together, before fees+0.164%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.064% cheaper against Lighter than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.127%). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CASHCAT | 0.1755 | 0.1472 | pay 0.0184% / 1h | 46m 43s | $1.3M | $1.9M | 3x |
| Short | Arcus CASHCAT-USD | 0.1756 | 0.1786 | get 0.0223% / 1h | 46m 43s | $121K | $215K | 5x |
Lighter CASHCAT
Arcus CASHCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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
- $65.89
- Price spread: +0.064% → +0.127%
- −$6.36
- Slippage, 4 orders
- −$165.88
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$110.85
- Costs to cover
- 1.704%
- Break-even
- 18.8 days
Slippage from Lighter: live order book, 5 min ago; Arcus: live order book, 31 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 Lighter live order book, 5 min ago | 0.57 bp | 5.0 bp −$5 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 31 min ago | 21.38 bp | 40.8 bp −$41 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1758 | +0.199% | $49.6M | $18.5M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1756 | +0.080% | $1.1M | $10.6M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1752 | −0.154% | $1.5M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1752 | −0.142% | $593K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1763 | +0.472% | $1.5M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1760 | +0.302% | $79K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1756 | +0.052% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1752 | −0.154% | $526 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1757 | +0.124% | $19K | $394K | 10x | as long as short |
| BingX CASHCAT-USDT | +0.0244% | 4h | 0.1756 | +0.080% | — | $1.0M | — | as long as short |
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
BingX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CASHCATUSDT | +0.0244% | 4h | 0.1760 | +0.308% | $13.2M | $18.1M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0246% | 4h | 0.1754 | −0.011% | $8.7M | $464K | 20x | as long as short |
| Nado CASHCAT-PERP | +0.0251% | 1h | 0.1749 | −0.313% | $247K | $155K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0278% | 4h | 0.1762 | +0.394% | $53K | $172K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0315% | 1h | 0.1754 | −0.017% | $66K | $1.2M | 3x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1752 | −0.148% | $50K | $492K | 20x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1753 | −0.114% | $96K | $463K | 5x | as long as short |
| Lighter RH CASHCAT | +0.0912% | 1h | 0.1757 | +0.154% | $337K | $815K | 3x | as long as short |
| Lighter CASHCATlong | +0.1472% | 1h | 0.1755 | long leg | $1.3M | $1.9M | 3x | |
| Arcus CASHCAT-USDshort | +0.1786% | 1h | 0.1756 | +0.064% | $121K | $215K | 5x | |
| Aster CASHCATUSDT | +0.3062% | 1h | 0.1756 | +0.057% | $576K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1845 | +5.152% | $12K | $9K | 5.5x | as long as short |
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
Nado CASHCAT-PERP
edgeX CASHCATUSDC
Polymarket Perps CASHCAT-USD
BloFin CASHCAT-USDT
Extended CASHCAT-USD
Lighter RH CASHCAT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP