Funding you earn now, next payment 11:00 UTC+0.0657%/8h= +71.9% APRpaid last 24h +0.074%
Price spread now: BloFin against Lighter RH−0.184%91s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.348%+$35 · spread now −0.184%, 7d avg +0.013%
=Together, before fees+0.349%+ Points / potential airdropLighter RH: Points live · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.197% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of +0.013%). If the spread goes back, that is −$20 on $10k: about 24 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CASHCAT | 0.1683 | 0.0096 | pay 0.0012% / 1h | 7m 46s | $352K | $865K | 3x |
| Short | BloFin CASHCAT-USDT | 0.1680 | 0.0753 | get 0.0376% / 4h | 1h 07m | $53K | $674K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $137.88
- Price spread: −0.184% → +0.013%
- −$19.75
- Slippage, 4 orders
- −$77.57
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $28.57
- Costs to cover
- 0.896%
- Break-even
- 5.5 days
Slippage from Lighter RH: live order book, 38 min ago; BloFin: live order book, 37 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, 38 min ago | 9.22 bp | 9.2 bp −$9 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 11.86 bp | 34.7 bp −$35 | 75.9 bp −$759 | doesn't fit | doesn't fit |
CASHCAT on 22 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CASHCAT/USDC PERP | +0.0033% | 1h | 0.1735 | +3.084% | $8K | $18K | 5.5x | as long as short |
| Lighter CASHCAT | +0.0096% | 1h | 0.1680 | −0.196% | $1.1M | $1.5M | 3x | as long as short |
| Lighter RH CASHCATlong | +0.0096% | 1h | 0.1683 | long leg | $352K | $865K | 3x | |
| Aster CASHCATUSDT | +0.0099% | 1h | 0.1679 | −0.222% | $548K | $842K | 10x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1684 | +0.030% | $46.4M | $18.7M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1685 | +0.113% | $12.8M | $17.2M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1684 | +0.073% | $104K | $304K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1680 | −0.196% | $1.5M | $1.7M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1683 | −0.012% | $8.8M | $557K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1681 | −0.125% | $616K | $2.3M | 10x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1678 | −0.325% | $1.1M | $1.2M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1683 | −0.018% | $76K | $63K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1681 | −0.125% | — | $1.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1678 | −0.315% | $503 | $989 | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1679 | −0.270% | $20K | $197K | 10x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0121% | 1h | 0.1679 | −0.261% | $67K | $1.2M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1684 | +0.024% | $247K | $859K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0510% | 4h | 0.1683 | −0.006% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0518% | 4h | 0.1683 | −0.006% | $1.3M | $12.0M | 20x | as long as short |
| Nado CASHCAT-PERP | +0.0705% | 1h | 0.1675 | −0.455% | $249K | $186K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0748% | 4h | 0.1682 | −0.065% | $51K | $167K | 5x | as long as short |
| BloFin CASHCAT-USDTshort | +0.0753% | 4h | 0.1680 | −0.184% | $53K | $674K | 20x |
Lighter RH CASHCAT
BloFin CASHCAT-USDT
Injective CASHCAT/USDC PERP
Lighter CASHCAT
Aster CASHCATUSDT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Polymarket Perps CASHCAT-USD
Extended CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
edgeX CASHCATUSDC