CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.4904%/8h= +537.0% APRnext payment +$6.13 per $10,000 · paid last 24h +1.237%

Price spread now: Injective against Lighter+0.849%66s7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$147 a day on $10k at the current rate, and Injective is 0.849% dearer against Lighter than usual: you sell high and buy low: +$85 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 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	0.1601	0.0096	pay 0.0012% / 1h	52m 15s	$1.1M	$1.8M	3x
Short	Injective CASHCAT/USDC PERP	0.1615	0.5000	get 0.0625% / 1h	52m 15s	$8K	$18K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +0.849%Rate

Funding earned: $1,029.84
Price spread: +0.849% → 0.000%: $84.93
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,114.75
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: live order book, 4 min ago; Injective: no order-book sample. 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, 4 min ago	5.64 bp	7.5 bp −$7	18.2 bp −$182	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.1601	long leg	$1.1M	$1.8M	3x
Bybit CASHCATUSDT	+0.0100%	4h	0.1605	+0.256%	$12.0M	$18.8M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1604	+0.181%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1605	+0.219%	$8.0M	$517K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1606	+0.275%	$572K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1601	−0.014%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1601	−0.044%	$73K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1604	+0.193%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1605	+0.194%	$481	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1597	−0.262%	$18K	$324K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid CASHCAT	+0.0175%	1h	0.1605	+0.225%	$43.9M	$19.9M	3x	as long as short
Polymarket Perps CASHCAT-USD	+0.0359%	1h	0.1604	+0.187%	$65K	$1.3M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1605	+0.238%	$98K	$603K	5x	as long as short
Nado CASHCAT-PERP	+0.0610%	1h	0.1602	+0.031%	$216K	$188K	5x	as long as short
Lighter RH CASHCAT	+0.0768%	1h	0.1604	+0.175%	$301K	$865K	3x	as long as short
BingX CASHCAT-USDT	+0.0940%	4h	0.1606	+0.287%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.1024%	4h	0.1608	+0.412%	$1.5M	$11.1M	20x	as long as short
BloFin CASHCAT-USDT	+0.1330%	4h	0.1602	+0.037%	$52K	$498K	20x	as long as short
edgeX CASHCATUSDC	+0.1332%	4h	0.1604	+0.158%	$48K	$169K	5x	as long as short
Aster CASHCATUSDT	+0.2325%	1h	0.1601	−0.027%	$535K	$1.1M	10x	as long as short
Arcus CASHCAT-USD	+0.2486%	1h	0.1601	+0.001%	$96K	$262K	5x	as long as short
Injective CASHCAT/USDC PERPshort	+0.5000%	1h	0.1615	+0.849%	$8K	$18K	5.5x