Funding you earn now, next payment 01:00 UTC+0.2696%/8h= +295.2% APRnext payment +$3.37 per $10,000 · paid last 24h +0.040%
Price spread now: Arcus against Lighter RH−0.087%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$1981.981% of the position
Funding, last 3 days (all we have)+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.087%, 7d avg +0.049%
=Together, before fees+0.161%+ Points / potential airdropLighter RH: Points live · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.135% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.049%). If the spread goes back, that is −$14 on $10k: about 4 hours of funding at the current rate (+$81 a day). At the pace of the last 3 days (+0.107% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.107% in total (about 11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.37 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 RH CASHCAT | 0.1676 | 0.0688 | pay 0.0086% / 1h | 54m 34s | $326K | $841K | 3x |
| Short | Arcus CASHCAT-USD | 0.1675 | 0.3384 | get 0.0423% / 1h | 54m 34s | $115K | $219K | 5x |
Lighter RH CASHCAT
Arcus CASHCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter RH. 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
- $566.23
- Price spread: −0.087% → +0.049%
- −$13.55
- Slippage, 4 orders
- −$193.55
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $354.63
- Costs to cover
- 1.981%
- Break-even
- 2.6 days
Slippage from Lighter RH: live order book, 18 min ago; Arcus: live order book, 19 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 RH live order book, 18 min ago | 10.12 bp | 10.1 bp −$10 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 19 min ago | 13.22 bp | 24.7 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0070% | 1h | 0.1666 | −0.567% | $46.2M | $20.4M | 3x | as long as short |
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1674 | −0.113% | $259K | $182K | 5x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1671 | −0.298% | $1.2M | $10.7M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1669 | −0.424% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1671 | −0.328% | $599K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1684 | +0.464% | $1.4M | $1.5M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1683 | +0.436% | $76K | $72K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1673 | −0.179% | $67K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1671 | −0.268% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1671 | −0.298% | $501 | $1K | 3x | as long as short |
Hyperliquid CASHCAT
Nado CASHCAT-PERP
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USDShow 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 | +0.968% | $18K | $387K | 10x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1674 | −0.119% | $51K | $496K | 20x | as long as short |
| Extended CASHCAT-USD | +0.0376% | 1h | 0.1666 | −0.608% | $98K | $468K | 5x | as long as short |
| Lighter RH CASHCATlong | +0.0688% | 1h | 0.1676 | long leg | $326K | $841K | 3x | |
| Lighter CASHCAT | +0.1048% | 1h | 0.1677 | +0.054% | $1.2M | $1.9M | 3x | as long as short |
| Aster CASHCATUSDT | +0.2092% | 1h | 0.1671 | −0.292% | $550K | $1.1M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.3152% | 4h | 0.1674 | −0.119% | — | $1.0M | — | as long as short |
| MEXC CASHCAT_USDT | +0.3184% | 4h | 0.1673 | −0.167% | $8.3M | $476K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.3185% | 4h | 0.1670 | −0.334% | $12.7M | $18.7M | 10x | as long as short |
| Arcus CASHCAT-USDshort | +0.3384% | 1h | 0.1675 | −0.087% | $115K | $219K | 5x | |
| edgeX CASHCATUSDC | +0.3872% | 4h | 0.1684 | +0.497% | $51K | $171K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1695 | +1.134% | $8K | $12K | 5.5x | as long as short |
HTX CASHCAT-USDT
BloFin CASHCAT-USDT
Extended CASHCAT-USD
Lighter CASHCAT
Aster CASHCATUSDT
BingX CASHCAT-USDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC
Injective CASHCAT/USDC PERP