Funding you earn now, next payment 22:00 UTC+0.0384%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h −0.069%
Price spread now: Extended against Lighter RH−0.257%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1201.195% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.257%, 7d avg −0.051%
=Together, before fees+0.294%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.207% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.257% now, against its 7-day average of −0.051%). If the spread goes back, that is −$21 on $10k: about 43 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.010% in total) that is about 5 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.48 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 | 0.1714 | 0.0096 | pay 0.0012% / 1h | 3m 35s | $332K | $808K | 3x |
| Short | Extended CASHCAT-USD | 0.1710 | 0.0480 | get 0.0060% / 1h | 3m 35s | $94K | $477K | 5x |
Lighter RH CASHCAT
Extended CASHCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $80.64
- Price spread: −0.257% → −0.051%
- −$20.68
- Slippage, 4 orders
- −$114.52
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$59.55
- Costs to cover
- 1.195%
- Break-even
- 12.2 days
Slippage from Lighter RH: live order book, 19 min ago; Extended: 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, 19 min ago | 10.92 bp | 15.3 bp −$15 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Extended live order book, 19 min ago | 18.49 bp | 45.3 bp −$45 | 277.1 bp −$2,771 | 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 CASHCAT | +0.0096% | 1h | 0.1712 | −0.117% | $1.2M | $2.0M | 3x | as long as short |
| Lighter RH CASHCATlong | +0.0096% | 1h | 0.1714 | long leg | $332K | $808K | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1714 | −0.012% | $48.6M | $18.9M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1711 | −0.175% | $12.8M | $18.6M | 10x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1710 | −0.245% | $1.0M | $10.7M | 20x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1711 | −0.215% | $100K | $183K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1710 | −0.245% | $1.4M | $2.1M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1714 | −0.012% | $8.5M | $494K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1713 | −0.070% | $580K | $2.4M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.0100% | 4h | 0.1710 | −0.245% | — | $1.0M | — | as long as short |
Lighter CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
OKX CASHCAT-USDT-SWAP
Arcus CASHCAT-USD
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
BingX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1714 | −0.039% | $1.4M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1712 | −0.105% | $77K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1714 | −0.018% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1714 | −0.006% | $514 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1712 | −0.149% | $18K | $413K | 10x | as long as short |
| edgeX CASHCATUSDC | +0.0158% | 4h | 0.1715 | +0.054% | $51K | $171K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0249% | 1h | 0.1710 | −0.239% | $67K | $1.3M | 3x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1713 | −0.070% | $50K | $497K | 20x | as long as short |
| Extended CASHCAT-USDshort | +0.0480% | 1h | 0.1710 | −0.257% | $94K | $477K | 5x | |
| Nado CASHCAT-PERP | +0.0536% | 1h | 0.1708 | −0.344% | $241K | $158K | 5x | as long as short |
| Aster CASHCATUSDT | +0.0720% | 1h | 0.1712 | −0.143% | $561K | $1.2M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1824 | +6.405% | $12K | $9K | 5.5x | as long as short |
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
edgeX CASHCATUSDC
Polymarket Perps CASHCAT-USD
BloFin CASHCAT-USDT
Nado CASHCAT-PERP
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP