CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.17 per $10,000 · paid last 24h +0.022%

Price spread now: Lighter RH against Lighter−0.006%7-day average +0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$380.382% of the position

Long on Lighter Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.006%, 7d avg +0.076%

Together, before fees−0.066%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter RH is 0.081% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.076%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CASHCAT	0.1696	0.0232	pay 0.0029% / 1h	24m 12s	$1.2M	$1.7M	3x
Short	Lighter RH CASHCAT	0.1696	0.0096	get 0.0012% / 1h	24m 12s	$351K	$945K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$28.56
Price spread: −0.006% → +0.076%: −$8.14
Slippage, 4 orders: −$38.18
Fee Lighter: 0 bp × 2 orders: $0
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$74.88
Costs to cover: 0.382%
Break-even: never at this rate

Slippage from Lighter: live order book, 7 min ago; Lighter RH: live order book, 8 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	6.28 bp	6.9 bp −$7	14.8 bp −$148	doesn't fit	doesn't fit
Sell Lighter RH live order book, 8 min ago	12.52 bp	12.5 bp −$13	20.2 bp −$202	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 RH CASHCATshort	+0.0096%	1h	0.1696	−0.006%	$351K	$945K	3x
Hyperliquid CASHCAT	+0.0100%	1h	0.1695	−0.047%	$46.7M	$20.0M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1695	−0.041%	$12.7M	$19.2M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1694	−0.112%	$1.5M	$1.8M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1696	+0.012%	$8.6M	$537K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1694	−0.112%	$624K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1683	−0.715%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1682	−0.802%	$76K	$61K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1691	−0.242%	$66K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1695	−0.034%	—	$2.3M	10x	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	0.1692	−0.189%	$22K	$243K	10x	as long as short
SoDEX CASHCAT-USD	+0.0183%	1h	0.1695	−0.059%	$508	$1K	3x	as long as short
Lighter CASHCATlong	+0.0232%	1h	0.1696	long leg	$1.2M	$1.7M	3x
edgeX CASHCATUSDC	+0.0402%	4h	0.1687	−0.528%	$51K	$168K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1695	−0.042%	$243K	$883K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0498%	4h	0.1694	−0.094%	$1.4M	$12.9M	20x	as long as short
BingX CASHCAT-USDT	+0.0500%	4h	0.1694	−0.094%	—	$1.1M	—	as long as short
BloFin CASHCAT-USDT	+0.0745%	4h	0.1683	−0.743%	$53K	$592K	20x	as long as short
Nado CASHCAT-PERP	+0.1517%	1h	0.1693	−0.153%	$251K	$208K	5x	as long as short
Arcus CASHCAT-USD	+0.3849%	1h	0.1689	−0.395%	$104K	$312K	5x	as long as short
Aster CASHCATUSDT	+0.3985%	1h	0.1692	−0.189%	$548K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1712	+0.967%	$8K	$18K	5.5x	as long as short