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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0358%/8h= −39.2% APRpaid last 24h +0.107%
Price spread now: Lighter RH against OKX−0.295%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.491%+$49 on $10k
Price spread, last 4 days (all we have)+0.378%+$38 · spread now −0.295%, 7d avg +0.020%
Together, before fees+0.869%+ Points / potential airdropLighter RH: Points live · farm board+$87 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Lighter RH is 0.314% cheaper against OKX than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.020%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.491%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CASHCAT-USDT-SWAP0.16290.0454pay 0.0227% / 4h1h 53m$1.3M$10.3M20x
ShortLighter RH CASHCAT0.16240.0096get 0.0012% / 1h53m 07s$316K$819K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
−$75.1
Price spread: −0.295% → +0.020%
−$31.44
Slippage, 4 orders
−$90.69
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$207.24
Costs to cover
1.007%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Lighter RH: 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 ago6.18 bp41.7 bp −$42109.5 bp −$1,095doesn't fitdoesn't fit
Sell Lighter RH live order book, 9 min ago11.49 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit

CASHCAT on 21 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 RH CASHCATshort+0.0096%1h0.1624−0.295%$316K$819K3x
Nado CASHCAT-PERP+0.0100%1h0.1620−0.565%$242K$185K5xas long as short
Hyperliquid CASHCAT+0.0100%1h0.1622−0.436%$44.2M$19.2M3xas long as short
Arcus CASHCAT-USD+0.0100%1h0.1622−0.440%$112K$218K5xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1622−0.405%$1.4M$1.9M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1624−0.282%$541K$2.3M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1623−0.363%$1.3M$1.5Mas long as short
Polymarket Perps CASHCAT-USD+0.0100%1h0.1621−0.491%$65K$1.2M3xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1621−0.486%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1623−0.393%$487$1K3xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CASHCAT-USDT+0.0100%1h0.1650+1.289%$18K$352K10xas long as short
Lighter CASHCAT+0.0104%1h0.1624−0.307%$1.2M$1.6M3xas long as short
Extended CASHCAT-USD+0.0104%1h0.1624−0.333%$97K$489K5xas long as short
ApeX Omni CASHCATUSDT+0.0150%1h0.1621−0.473%$73K$63K50xas long as short
OKX CASHCAT-USDT-SWAPlong+0.0454%4h0.1629long leg$1.3M$10.3M20x
Aster CASHCATUSDT+0.0737%1h0.1622−0.456%$542K$1.0M10xas long as short
BingX CASHCAT-USDT+0.0910%4h0.1630+0.061%$1.0Mas long as short
Bybit CASHCATUSDT+0.0917%4h0.1628−0.086%$12.2M$17.9M10xas long as short
MEXC CASHCAT_USDT+0.0932%4h0.1625−0.233%$8.1M$491K20xas long as short
edgeX CASHCATUSDC+0.1404%4h0.1614−0.951%$49K$170K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1641+0.737%$8K$18K5.5xas long as short