Funding you earn now, next payment 06:00 UTC+0.2047%/8h= +224.2% APRpaid last 24h −0.033%
Price spread now: edgeX against Lighter−0.253%7-day average +0.237% · you buy dearer than you sell
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$362as in the Price arb table
costs, in and out, $10k−$3133.127% of the position
Funding, last 7 days−0.273%−$27 on $10k
+Price spread, last 4 days (all we have)+0.702%+$70 · spread now −0.253%, 7d avg +0.237%
=Together, before fees+0.429%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.490% cheaper against Lighter than usual: you would sell low and buy high (spread −0.253% now, against its 7-day average of +0.237%). If the spread goes back, that is −$49 on $10k: about 19 hours of funding at the current rate (+$61 a day). Mind the row above: over the last 7 days funding on this pair cost −0.273%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.273% in total (about -14.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CASHCAT | 0.1570 | −0.1176 | get 0.0147% / 1h | 35m 01s | $1.1M | $1.9M | 3x |
| Short | edgeX CASHCATUSDC | 0.1566 | 0.0871 | get 0.0436% / 4h | 2h 35m | $47K | $169K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $429.93
- Price spread: −0.253% → +0.237%
- −$49.01
- Slippage, 4 orders
- −$303.66
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $68.27
- Costs to cover
- 3.127%
- Break-even
- 5.9 days
Slippage from Lighter: live order book, 2 min ago; edgeX: live order book, 11 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, 2 min ago | 5.74 bp | 6.4 bp −$6 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 6.70 bp | 149.3 bp −$149 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCATlong | −0.1176% | 1h | 0.1570 | long leg | $1.1M | $1.9M | 3x | |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1573 | +0.153% | $330K | $935K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1567 | −0.217% | $42.8M | $20.0M | 3x | as long as short |
| Aster CASHCATUSDT | +0.0100% | 1h | 0.1566 | −0.302% | $525K | $1.1M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1572 | +0.127% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1572 | +0.070% | $556K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1574 | +0.211% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1570 | −0.019% | $71K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1572 | +0.108% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1572 | +0.121% | $472 | $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 | 0.1574 | +0.219% | $18K | $307K | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0184% | 4h | 0.1574 | +0.223% | $7.8M | $517K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0217% | 4h | 0.1569 | −0.064% | $11.7M | $19.0M | 10x | as long as short |
| Nado CASHCAT-PERP | +0.0230% | 1h | 0.1572 | +0.073% | $201K | $191K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1572 | +0.129% | $96K | $746K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0566% | 1h | 0.1573 | +0.197% | $67K | $1.3M | 3x | as long as short |
| edgeX CASHCATUSDCshort | +0.0871% | 4h | 0.1566 | −0.253% | $47K | $169K | 5x | |
| BingX CASHCAT-USDT | +0.0958% | 4h | 0.1568 | −0.153% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.1026% | 4h | 0.1568 | −0.153% | $1.4M | $11.3M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1322% | 4h | 0.1578 | +0.484% | $53K | $524K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2390% | 1h | 0.1571 | +0.037% | $97K | $270K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1585 | +0.930% | $8K | $18K | 5.5x | as long as short |
Lighter CASHCAT
edgeX CASHCATUSDC
Lighter RH CASHCAT
Hyperliquid CASHCAT
Aster CASHCATUSDT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Injective CASHCAT/USDC PERP