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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CASHCAT | 0.1695 | 0.0096 | pay 0.0012% / 1h | 7m 22s | $329K | $848K | 3x |
| Short | Aster CASHCATUSDT | 0.1694 | 0.2380 | get 0.0298% / 1h | 7m 22s | $560K | $1.1M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 65 min ago | 10.12 bp | 10.1 bp −$10 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 5.61 bp | 21.4 bp −$21 | 185.9 bp −$1,859 | 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 CASHCATlong | +0.0096% | 1h | 0.1695 | long leg | $329K | $848K | 3x | |
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1693 | −0.094% | $253K | $188K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1694 | −0.059% | $46.4M | $20.6M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1694 | −0.065% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1695 | −0.012% | $600K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1690 | −0.303% | $1.4M | $1.5M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1695 | +0.030% | $76K | $67K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1695 | +0.012% | $68K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1692 | −0.153% | — | $2.5M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1694 | −0.071% | $508 | $1K | 3x | 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 | 0.1701 | +0.342% | $18K | $373K | 10x | as long as short |
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1695 | −0.019% | $118K | $479K | 5x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0384% | 4h | 0.1697 | +0.124% | $1.3M | $10.7M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.0599% | 4h | 0.1697 | +0.124% | $51K | $506K | 20x | as long as short |
| BingX CASHCAT-USDT | +0.0798% | 4h | 0.1698 | +0.183% | — | $1.0M | — | as long as short |
| Bybit CASHCATUSDT | +0.0812% | 4h | 0.1696 | +0.071% | $13.0M | $18.6M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0828% | 4h | 0.1697 | +0.100% | $8.5M | $497K | 20x | as long as short |
| Lighter CASHCAT | +0.0896% | 1h | 0.1696 | +0.065% | $1.2M | $1.9M | 3x | as long as short |
| edgeX CASHCATUSDC | +0.1119% | 4h | 0.1697 | +0.151% | $51K | $171K | 5x | as long as short |
| Aster CASHCATUSDTshort | +0.2380% | 1h | 0.1694 | −0.064% | $560K | $1.1M | 10x | |
| Arcus CASHCAT-USD | +0.3384% | 1h | 0.1696 | +0.068% | $117K | $220K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1722 | +1.599% | $9K | $12K | 5.5x | as long as short |
Lighter RH CASHCAT
Aster CASHCATUSDT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Extended CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
BingX CASHCAT-USDT
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
Lighter CASHCAT
edgeX CASHCATUSDC
Injective CASHCAT/USDC PERP