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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0862%/8h= −94.4% APRpaid last 24h +0.081%
Price spread now: Lighter against OKX−0.087%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$620.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.607%+$61 on $10k
Price spread, last 7 days+0.111%+$11 · spread now −0.087%, 7d avg +0.003%
Together, before fees+0.717%+ Points / potential airdropLighter: Season 3 · farm board+$72 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Lighter is 0.090% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.607%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CASHCAT-USDT-SWAP0.16110.0958pay 0.0479% / 4h3h 28m$1.4M$11.2M20x
ShortLighter CASHCAT0.16100.0096get 0.0012% / 1h28m 02s$1.1M$1.9M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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
−$180.99
Price spread: −0.087% → +0.003%
−$9.03
Slippage, 4 orders
−$52.05
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$252.07
Costs to cover
0.620%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Lighter: live order book, 9 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 OKX live order book, 5 min ago6.21 bp25.7 bp −$2676.0 bp −$760doesn't fitdoesn't fit
Sell Lighter live order book, 9 min ago4.03 bp4.0 bp −$47.8 bp −$78doesn'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 CASHCATshort+0.0096%1h0.1610−0.087%$1.1M$1.9M3x
Hyperliquid CASHCAT+0.0100%1h0.1611+0.006%$44.1M$19.9M3xas long as short
Bybit CASHCATUSDT+0.0100%4h0.1612+0.043%$12.0M$18.8M10xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1609−0.106%$1.4M$2.0M20xas long as short
MEXC CASHCAT_USDT+0.0100%4h0.1611+0.012%$8.0M$520K20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1611+0.012%$563K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1618+0.457%$1.0M$1.7Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1614+0.174%$73K$64K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1613+0.095%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1611−0.006%$483$1K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1617+0.345%$18K$319K10xas long as short
edgeX CASHCATUSDC+0.0363%4h0.1617+0.388%$49K$170K5xas long as short
Lighter RH CASHCAT+0.0408%1h0.1612+0.062%$320K$890K3xas long as short
Extended CASHCAT-USD+0.0480%1h0.1611−0.011%$169K$674K5xas long as short
Nado CASHCAT-PERP+0.0605%1h0.1608−0.177%$217K$180K5xas long as short
Polymarket Perps CASHCAT-USD+0.0779%1h0.1611+0.012%$66K$1.3M3xas long as short
BingX CASHCAT-USDT+0.0932%4h0.16110.000%$1.0Mas long as short
OKX CASHCAT-USDT-SWAPlong+0.0958%4h0.1611long leg$1.4M$11.2M20x
BloFin CASHCAT-USDT+0.1254%4h0.1612+0.062%$52K$532K20xas long as short
Arcus CASHCAT-USD+0.2486%1h0.1612+0.082%$97K$265K5xas long as short
Aster CASHCATUSDT+0.3694%1h0.1611+0.012%$538K$1.1M10xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1636+1.552%$8K$18K5.5xas long as short