Funding you earn now, next payment 06:00 UTC+0.0960%/8h= +105.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.005%
Price spread now: Extended against Lighter+0.149%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$990.986% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.149%, 7d avg +0.020%
=Together, before fees−0.239%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Extended is 0.128% dearer against Lighter than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, 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 -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. 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 | 0.1594 | −0.0480 | get 0.0060% / 1h | 12m 59s | $1.1M | $1.9M | 3x |
| Short | Extended CASHCAT-USD | 0.1597 | 0.0480 | get 0.0060% / 1h | 12m 59s | $100K | $748K | 5x |
Lighter CASHCAT
Extended CASHCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $201.6
- Price spread: +0.149% → +0.020%
- $12.85
- Slippage, 4 orders
- −$93.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $115.85
- Costs to cover
- 0.986%
- Break-even
- 3.0 days
Slippage from Lighter: live order book, 4 min ago; Extended: live order book, 35 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, 4 min ago | 5.34 bp | 5.9 bp −$6 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Extended live order book, 35 min ago | 16.28 bp | 43.2 bp −$43 | 230.8 bp −$2,308 | 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 | −0.0480% | 1h | 0.1594 | long leg | $1.1M | $1.9M | 3x | |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1595 | +0.069% | $348K | $952K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1596 | +0.119% | $43.6M | $20.1M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1597 | +0.169% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1597 | +0.138% | $565K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1595 | +0.043% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1597 | +0.151% | $72K | $59K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1594 | −0.032% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1595 | +0.006% | $478 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1595 | +0.013% | $19K | $302K | 10x | as long as short |
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0102% | 1h | 0.1592 | −0.157% | $204K | $192K | 5x | as long as short |
| Aster CASHCATUSDT | +0.0303% | 1h | 0.1596 | +0.107% | $536K | $1.1M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0454% | 4h | 0.1600 | +0.383% | $8.0M | $524K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0478% | 4h | 0.1602 | +0.495% | $12.0M | $19.0M | 10x | as long as short |
| Extended CASHCAT-USDshort | +0.0480% | 1h | 0.1597 | +0.149% | $100K | $748K | 5x | |
| edgeX CASHCATUSDC | +0.0542% | 4h | 0.1594 | −0.011% | $48K | $170K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0651% | 1h | 0.1594 | −0.013% | $64K | $1.3M | 3x | as long as short |
| BingX CASHCAT-USDT | +0.1048% | 4h | 0.1602 | +0.477% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.1123% | 4h | 0.1601 | +0.414% | $1.5M | $11.7M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1432% | 4h | 0.1605 | +0.665% | $52K | $544K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2390% | 1h | 0.1597 | +0.174% | $99K | $275K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1621 | +1.668% | $8K | $19K | 5.5x | as long as short |
Nado CASHCAT-PERP
Aster CASHCATUSDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Arcus CASHCAT-USD
Injective CASHCAT/USDC PERP