Funding you earn now, next payment 03:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.026%
Price spread now: Aster against Lighter−0.483%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$670.665% of the position
Funding, last 5 days (all we have)+0.288%+$29 on $10k
+Price spread, last 7 days+0.520%+$52 · spread now −0.483%, 7d avg −0.066%
=Together, before fees+0.808%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$81 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.417% cheaper against Lighter than usual: you would sell low and buy high (spread −0.483% now, against its 7-day average of −0.066%). If the spread goes back, that is −$42 on $10k: about 27 days of funding at the current rate (+$2 a day). At the pace of the last 5 days (+0.288% in total) that is about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CASHCAT | 0.1637 | 0.0264 | pay 0.0033% / 1h | 39m 39s | $1.2M | $1.6M | 3x |
| Short | Aster CASHCATUSDT | 0.1629 | 0.0316 | get 0.0039% / 1h | 39m 39s | $545K | $1.0M | 10x |
Lighter CASHCAT
Aster CASHCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $10.87
- Price spread: −0.483% → −0.066%
- −$41.68
- Slippage, 4 orders
- −$58.54
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$97.35
- Costs to cover
- 0.665%
- Break-even
- 69.7 days
Slippage from Lighter: live order book, 7 min ago; Aster: live order book, 3 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, 7 min ago | 7.40 bp | 8.6 bp −$9 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 5.50 bp | 26.1 bp −$26 | 165.9 bp −$1,659 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1633 | −0.269% | $244K | $185K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1637 | −0.024% | $44.6M | $19.2M | 3x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1634 | −0.173% | $113K | $218K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1634 | −0.165% | $1.4M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1636 | −0.098% | $555K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1633 | −0.273% | $1.2M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1633 | −0.281% | $74K | $63K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1636 | −0.092% | $66K | $1.2M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1636 | −0.073% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1635 | −0.147% | $490 | $1K | 3x | as long as short |
Nado CASHCAT-PERP
Hyperliquid CASHCAT
Arcus CASHCAT-USD
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
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-USDT | +0.0100% | 1h | 0.1629 | −0.475% | $18K | $349K | 10x | as long as short |
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1635 | −0.114% | $99K | $492K | 5x | as long as short |
| Lighter CASHCATlong | +0.0264% | 1h | 0.1637 | long leg | $1.2M | $1.6M | 3x | |
| Aster CASHCATUSDTshort | +0.0316% | 1h | 0.1629 | −0.483% | $545K | $1.0M | 10x | |
| Lighter RH CASHCAT | +0.0424% | 1h | 0.1638 | +0.024% | $319K | $822K | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0482% | 4h | 0.1638 | +0.055% | $1.4M | $10.5M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.0714% | 4h | 0.1631 | −0.373% | $52K | $463K | 20x | as long as short |
| BingX CASHCAT-USDT | +0.0748% | 4h | 0.1637 | −0.006% | — | $1.0M | — | as long as short |
| MEXC CASHCAT_USDT | +0.0760% | 4h | 0.1637 | 0.000% | $8.1M | $493K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0761% | 4h | 0.1637 | 0.000% | $12.2M | $17.9M | 10x | as long as short |
| edgeX CASHCATUSDC | +0.1422% | 4h | 0.1631 | −0.356% | $49K | $170K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1650 | +0.788% | $8K | $18K | 5.5x | as long as short |
HTX CASHCAT-USDT
Extended CASHCAT-USD
Lighter RH CASHCAT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
BingX CASHCAT-USDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC
Injective CASHCAT/USDC PERP