Settings8H · net · $10k
Funding arb · Price arb /

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.2284%/8h= +250.1% APRnext payment +$2.86 per $10,000 · paid last 24h −0.027%
Price spread now: Aster against Lighter RH−0.064%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$660.659% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.410%+$41 on $10k
Price spread, last 4 days (all we have)−0.193%−$19 · spread now −0.064%, 7d avg −0.097%
Together, before fees+0.216%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$69 a day on $10k at the current rate, and Aster is 0.033% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.097%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.410% in total (about 27.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH CASHCAT0.16950.0096pay 0.0012% / 1h7m 22s$329K$848K3x
ShortAster CASHCATUSDT0.16940.2380get 0.0298% / 1h7m 22s$560K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
$479.69
Price spread: −0.064% → −0.097%
$3.3
Slippage, 4 orders
−$57.91
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$417.08
Costs to cover
0.659%
Break-even
0.9 days
Slippage from Lighter RH: live order book, 65 min ago; Aster: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 65 min ago10.12 bp10.1 bp −$1015.5 bp −$155doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago5.61 bp21.4 bp −$21185.9 bp −$1,859doesn't fitdoesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH CASHCATlong+0.0096%1h0.1695long leg$329K$848K3x
Nado CASHCAT-PERP+0.0100%1h0.1693−0.094%$253K$188K5xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1694−0.059%$46.4M$20.6M3xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1694−0.065%$1.4M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1695−0.012%$600K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1690−0.303%$1.4M$1.5Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1695+0.030%$76K$67K50xas long as short
Polymarket Perps CASHCAT-USD+0.0100%1h0.1695+0.012%$68K$1.3M3xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1692−0.153%$2.5M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1694−0.071%$508$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1701+0.342%$18K$373K10xas long as short
Extended CASHCAT-USD+0.0104%1h0.1695−0.019%$118K$479K5xas long as short
OKX CASHCAT-USDT-SWAP+0.0384%4h0.1697+0.124%$1.3M$10.7M20xas long as short
BloFin CASHCAT-USDT+0.0599%4h0.1697+0.124%$51K$506K20xas long as short
BingX CASHCAT-USDT+0.0798%4h0.1698+0.183%$1.0Mas long as short
Bybit CASHCATUSDT+0.0812%4h0.1696+0.071%$13.0M$18.6M10xas long as short
MEXC CASHCAT_USDT+0.0828%4h0.1697+0.100%$8.5M$497K20xas long as short
Lighter CASHCAT+0.0896%1h0.1696+0.065%$1.2M$1.9M3xas long as short
edgeX CASHCATUSDC+0.1119%4h0.1697+0.151%$51K$171K5xas long as short
Aster CASHCATUSDTshort+0.2380%1h0.1694−0.064%$560K$1.1M10x
Arcus CASHCAT-USD+0.3384%1h0.1696+0.068%$117K$220K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1722+1.599%$9K$12K5.5xas long as short