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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0612%/8h= +67.0% APRnext payment +$0.77 per $10,000 · paid last 24h +0.057%
Price spread now: Nado against Lighter RH−0.099%108s7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1451.450% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.011%−$1 on $10k
Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.099%, 7d avg −0.099%
Together, before fees+0.352%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. The two prices were read 108 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 3 days it paid -0.011% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.77 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 CASHCAT0.16220.0096pay 0.0012% / 1h49m 32s$349K$939K3x
ShortNado CASHCAT-PERP0.16200.0708get 0.0089% / 1h49m 32s$206K$193K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$128.54
Price spread: −0.099% → −0.099%
$0.02
Slippage, 4 orders
−$144.98
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Nado: 0 bp × 2 orders
$0
Net
−$16.42
Costs to cover
1.450%
Break-even
7.9 days
Slippage from Lighter RH: live order book, 58 min ago; Nado: live order book, 58 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, 58 min ago9.89 bp9.9 bp −$1014.4 bp −$144doesn't fitdoesn't fit
Sell Nado live order book, 58 min ago14.65 bp54.1 bp −$54doesn't fitdoesn'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 CASHCAT+0.0048%1h0.1619−0.166%$1.1M$1.8M3xas long as short
Lighter RH CASHCATlong+0.0096%1h0.1622long leg$349K$939K3x
Hyperliquid CASHCAT+0.0100%1h0.1620−0.136%$44.3M$20.2M3xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1620−0.117%$1.5M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1619−0.166%$566K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1627+0.323%$1.0M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1623+0.062%$74K$59K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1628+0.364%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1629+0.407%$489$1K3xas long as short
HTX CASHCAT-USDT+0.0274%1h0.1627+0.293%$19K$296K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CASHCAT-USD+0.0480%1h0.1622−0.023%$103K$751K5xas long as short
MEXC CASHCAT_USDT+0.0480%4h0.1624+0.099%$8.1M$526K20xas long as short
Bybit CASHCATUSDT+0.0521%4h0.1624+0.117%$12.2M$19.1M10xas long as short
Nado CASHCAT-PERPshort+0.0708%1h0.1620−0.099%$206K$193K5x
Arcus CASHCAT-USD+0.0990%1h0.1633+0.700%$101K$280K5xas long as short
Polymarket Perps CASHCAT-USD+0.1002%1h0.1631+0.530%$63K$1.3M3xas long as short
BingX CASHCAT-USDT+0.1050%4h0.1624+0.123%$1.1Mas long as short
OKX CASHCAT-USDT-SWAP+0.1104%4h0.1625+0.185%$1.5M$12.1M20xas long as short
edgeX CASHCATUSDC+0.1240%4h0.1624+0.135%$49K$169K5xas long as short
BloFin CASHCAT-USDT+0.1429%4h0.1624+0.123%$52K$557K20xas long as short
Aster CASHCATUSDT+0.1561%1h0.1624+0.136%$544K$1.1M10xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1659+2.281%$8K$19K5.5xas long as short