Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.107%
Price spread now: HTX against Lighter RH−0.107%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$596as in the Funding arb table
Net, price: spread back to 7d avg − costs−$553as in the Price arb table
costs, in and out, $10k−$5415.405% of the position
Funding, last 7 days−0.553%−$55 on $10k
+Price spread, last 4 days (all we have)+0.480%+$48 · spread now −0.107%, 7d avg +0.018%
=Together, before fees−0.073%+ Points / potential airdropLighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and HTX is 0.124% cheaper against Lighter RH than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CASHCAT | 0.1603 | 0.0280 | pay 0.0035% / 1h | 18m 49s | $321K | $909K | 3x |
| Short | HTX CASHCAT-USDT | 0.1601 | 0.0100 | get 0.0013% / 1h | 18m 49s | $18K | $318K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$37.8
- Price spread: −0.107% → +0.018%
- −$12.44
- Slippage, 4 orders
- −$528.55
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$590.79
- Costs to cover
- 5.405%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 34 min ago; HTX: live order book, 33 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, 34 min ago | 5.92 bp | 28.1 bp −$28 | 36.2 bp −$362 | doesn't fit | doesn't fit |
| Sell HTX live order book, 33 min ago | 54.73 bp | 220.0 bp −$220 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCAT | +0.0056% | 1h | 0.1600 | −0.212% | $1.1M | $1.9M | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1598 | −0.337% | $43.7M | $19.9M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1601 | −0.156% | $11.9M | $18.9M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1599 | −0.231% | $1.4M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1602 | −0.075% | $8.0M | $521K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1600 | −0.193% | $561K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1598 | −0.301% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1599 | −0.281% | $72K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1599 | −0.256% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1600 | −0.212% | $480 | $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-USDTshort | +0.0100% | 1h | 0.1601 | −0.107% | $18K | $318K | 10x | |
| edgeX CASHCATUSDC | +0.0127% | 4h | 0.1598 | −0.298% | $48K | $169K | 5x | as long as short |
| Lighter RH CASHCATlong | +0.0280% | 1h | 0.1603 | long leg | $321K | $909K | 3x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1599 | −0.266% | $168K | $675K | 5x | as long as short |
| Nado CASHCAT-PERP | +0.0615% | 1h | 0.1598 | −0.287% | $216K | $181K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0715% | 1h | 0.1601 | −0.131% | $65K | $1.3M | 3x | as long as short |
| BingX CASHCAT-USDT | +0.0892% | 4h | 0.1600 | −0.193% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0920% | 4h | 0.1600 | −0.193% | $1.4M | $11.2M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1191% | 4h | 0.1604 | +0.056% | $52K | $529K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2486% | 1h | 0.1604 | +0.031% | $97K | $265K | 5x | as long as short |
| Aster CASHCATUSDT | +0.3149% | 1h | 0.1599 | −0.236% | $534K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1636 | +2.052% | $8K | $18K | 5.5x | as long as short |
Lighter RH CASHCAT
HTX CASHCAT-USDT
Lighter CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
edgeX CASHCATUSDC
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP