CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.073%

Price spread now: Hyperliquid against Lighter+0.162%7-day average +0.059% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.271%−$27 on $10k

Price spread, last 7 days−0.114%−$11 · spread now +0.162%, 7d avg +0.059%

Together, before fees−0.384%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.103% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CASHCAT	0.1666	0.0096	pay 0.0012% / 1h	1m 28s	$1.1M	$1.8M	3x
Short	Hyperliquid CASHCAT	0.1668	0.0100	get 0.0013% / 1h	1m 28s	$45.9M	$20.6M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee HyperliquidbpOrdersPrice spread, now +0.162%Rate

Funding earned: $0.84
Price spread: +0.162% → +0.059%: $10.26
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $2.1
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Lighter: live order book, 5 min ago; Hyperliquid: live order book, 12 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 Lighter live order book, 5 min ago	5.97 bp	6.0 bp −$6	12.0 bp −$120	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 12 min ago	1.49 bp	21.5 bp −$21	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	+0.0096%	1h	0.1666	long leg	$1.1M	$1.8M	3x
Lighter RH CASHCAT	+0.0096%	1h	0.1666	+0.018%	$353K	$980K	3x	as long as short
Hyperliquid CASHCATshort	+0.0100%	1h	0.1668	+0.162%	$45.9M	$20.6M	3x
Bybit CASHCATUSDT	+0.0100%	4h	0.1670	+0.228%	$12.4M	$19.2M	10x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1669	+0.180%	$103K	$315K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1667	+0.048%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1669	+0.192%	$8.4M	$541K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1667	+0.060%	$599K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1680	+0.881%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1666	−0.006%	$75K	$60K	50x	as long as short

Show 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	+0.041%	—	$2.4M	10x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1671	+0.319%	$22K	$258K	10x	as long as short
SoDEX CASHCAT-USD	+0.0191%	1h	0.1666	+0.042%	$500	$1K	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1668	+0.110%	$239K	$887K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0539%	1h	0.1668	+0.132%	$65K	$1.4M	3x	as long as short
BingX CASHCAT-USDT	+0.0584%	4h	0.1668	+0.132%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0594%	4h	0.1669	+0.192%	$1.4M	$12.8M	20x	as long as short
BloFin CASHCAT-USDT	+0.0846%	4h	0.1665	−0.048%	$52K	$578K	20x	as long as short
edgeX CASHCATUSDC	+0.1048%	4h	0.1669	+0.165%	$51K	$168K	5x	as long as short
Nado CASHCAT-PERP	+0.1441%	1h	0.1665	−0.027%	$246K	$207K	5x	as long as short
Aster CASHCATUSDT	+0.3986%	1h	0.1669	+0.162%	$541K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1749	+4.995%	$9K	$18K	5.5x	as long as short