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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Lighter RH−0.112%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1741.738% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+2.608%+$261 · spread now −0.112%, 7d avg +0.077%
Together, before fees+2.628%+ Points / potential airdropLighter RH: Points live · farm board+$263 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Polymarket Perps is 0.189% cheaper against Lighter RH than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH CASHCAT0.16930.0112pay 0.0014% / 1h54m 34s$353K$859K3x
ShortPolymarket Perps CASHCAT-USD0.16910.0100get 0.0013% / 1h54m 34s$66K$1.2M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$2.52
Price spread: −0.112% → +0.077%
−$18.91
Slippage, 4 orders
−$165.83
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$195.26
Costs to cover
1.738%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 56 min ago; Polymarket Perps: live order book, 2 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, 56 min ago8.58 bp8.6 bp −$913.0 bp −$130doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 2 min ago26.60 bp69.8 bp −$70doesn't fitdoesn't fitdoesn't fit

CASHCAT on 22 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CASHCAT/USDC PERP+0.0033%1h0.1735+2.511%$8K$18K5.5xas long as short
Lighter CASHCAT+0.0096%1h0.1691−0.089%$1.1M$1.5M3xas long as short
Aster CASHCATUSDT+0.0100%1h0.1694+0.074%$551K$868K10xas long as short
Bybit CASHCATUSDT+0.0100%4h0.1693+0.012%$12.9M$18.4M10xas long as short
Arcus CASHCAT-USD+0.0100%1h0.1701+0.531%$105K$301K5xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1691−0.118%$1.5M$1.7M20xas long as short
MEXC CASHCAT_USDT+0.0100%4h0.16930.000%$8.8M$544K20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1692−0.035%$615K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1697+0.243%$1.1M$1.7Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1701+0.514%$77K$65K50xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CASHCAT-USDshort+0.0100%1h0.1691−0.112%$66K$1.2M3x
SunX CASHCAT-USDT+0.0100%1h0.1694+0.064%$1.7M10xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1700+0.432%$20K$208K10xas long as short
Lighter RH CASHCATlong+0.0112%1h0.1693long leg$353K$859K3x
Hyperliquid CASHCAT+0.0207%1h0.1691−0.060%$46.7M$19.4M3xas long as short
edgeX CASHCATUSDC+0.0214%4h0.1699+0.390%$51K$167K5xas long as short
SoDEX CASHCAT-USD+0.0324%1h0.1693+0.035%$508$1K3xas long as short
BingX CASHCAT-USDT+0.0450%4h0.1692−0.030%$1.1Mas long as short
OKX CASHCAT-USDT-SWAP+0.0456%4h0.1689−0.207%$1.3M$12.4M20xas long as short
Extended CASHCAT-USD+0.0480%1h0.1693+0.003%$245K$866K5xas long as short
BloFin CASHCAT-USDT+0.0706%4h0.1694+0.089%$52K$606K20xas long as short
Nado CASHCAT-PERP+0.1053%1h0.1688−0.266%$251K$200K5xas long as short