Funding you earn now, next payment 12:00 UTC−0.0697%/8h= −76.3% APRpaid last 24h −0.076%
Price spread now: Lighter RH against BloFin−0.399%91s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.235%+$23 · spread now −0.399%, 7d avg −0.013%
=Together, before fees+0.234%+ Points / potential airdropLighter RH: Points live · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Lighter RH is 0.385% cheaper against BloFin than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 91 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 7 days it paid -0.001% in total (about -0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CASHCAT-USDT | 0.1681 | 0.0793 | pay 0.0396% / 4h | 53m 21s | $53K | $702K | 20x |
| Short | Lighter RH CASHCAT | 0.1674 | 0.0096 | get 0.0012% / 1h | 53m 21s | $350K | $855K | 3x |
BloFin CASHCAT-USDT
Lighter RH CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against BloFin. 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
- −$146.28
- Price spread: −0.399% → −0.013%
- −$38.53
- Slippage, 4 orders
- −$77.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$274.37
- Costs to cover
- 0.896%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; Lighter RH: live order book, 52 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 BloFin live order book, 51 min ago | 11.86 bp | 22.4 bp −$22 | 49.2 bp −$492 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 52 min ago | 9.22 bp | 23.2 bp −$23 | 29.6 bp −$296 | doesn't fit | doesn't fit |
CASHCAT on 22 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CASHCAT/USDC PERP | +0.0033% | 1h | 0.1735 | +3.212% | $8K | $18K | 5.5x | as long as short |
| Lighter CASHCAT | +0.0096% | 1h | 0.1672 | −0.523% | $1.1M | $1.5M | 3x | as long as short |
| Lighter RH CASHCATshort | +0.0096% | 1h | 0.1674 | −0.399% | $350K | $855K | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1672 | −0.541% | $46.1M | $18.6M | 3x | as long as short |
| Aster CASHCATUSDT | +0.0100% | 1h | 0.1673 | −0.459% | $546K | $843K | 10x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1673 | −0.476% | $12.8M | $17.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1680 | −0.061% | $104K | $303K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1669 | −0.696% | $1.5M | $1.6M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1673 | −0.470% | $8.7M | $526K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1671 | −0.607% | $616K | $2.3M | 10x | as long as short |
Injective CASHCAT/USDC PERP
Lighter CASHCAT
Hyperliquid CASHCAT
Aster CASHCATUSDT
Bybit CASHCATUSDT
Arcus CASHCAT-USD
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTMShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1678 | −0.151% | $1.1M | $1.3M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1675 | −0.363% | $76K | $63K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1675 | −0.336% | — | $1.6M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1678 | −0.202% | $20K | $196K | 10x | as long as short |
| edgeX CASHCATUSDC | +0.0130% | 4h | 0.1678 | −0.190% | $50K | $167K | 5x | as long as short |
| SoDEX CASHCAT-USD | +0.0200% | 1h | 0.1674 | −0.399% | $502 | $988 | 3x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0391% | 1h | 0.1671 | −0.595% | $68K | $1.1M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1672 | −0.533% | $246K | $859K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0520% | 4h | 0.1671 | −0.595% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0566% | 4h | 0.1672 | −0.535% | $1.3M | $11.9M | 20x | as long as short |
| BloFin CASHCAT-USDTlong | +0.0793% | 4h | 0.1681 | long leg | $53K | $702K | 20x | |
| Nado CASHCAT-PERP | +0.0848% | 1h | 0.1669 | −0.693% | $248K | $186K | 5x | as long as short |
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
HTX CASHCAT-USDT
edgeX CASHCATUSDC
SoDEX CASHCAT-USD
Polymarket Perps CASHCAT-USD
Extended CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
Nado CASHCAT-PERP