Funding you earn now, next payment 04:00 UTC−0.0915%/8h= −100.2% APRpaid last 24h +0.090%
Price spread now: Lighter against edgeX+0.123%109s7-day average −0.242% · you sell dearer than you buy
Net, funding: paid 7d − costs−$296as 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−$3263.263% of the position
Funding, last 7 days+0.305%+$31 on $10k
+Price spread, last 4 days (all we have)−0.756%−$76 · spread now +0.123%, 7d avg −0.242%
=Together, before fees−0.451%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.366% dearer against edgeX than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of −0.242%): +$37 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 32 hours. Mind the row above: over the last 7 days funding on this pair paid +0.305%, so the current rate has only just turned against you. The two prices were read 109 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 0.305% in total (about 15.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CASHCATUSDC | 0.1569 | 0.0859 | pay 0.0430% / 4h | 35m 45s | $47K | $169K | 5x |
| Short | Lighter CASHCAT | 0.1571 | −0.0056 | pay 0.0007% / 1h | 35m 45s | $1.1M | $1.9M | 3x |
edgeX CASHCATUSDC
Lighter CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$192.2
- Price spread: +0.123% → −0.242%
- $36.56
- Slippage, 4 orders
- −$317.27
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$481.91
- Costs to cover
- 3.263%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 21 min ago; Lighter: live order book, 6 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 edgeX live order book, 21 min ago | 9.72 bp | 155.5 bp −$156 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.28 bp | 5.7 bp −$6 | 37.4 bp −$374 | doesn't fit | doesn't fit |
CASHCAT on 22 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCATshort | −0.0056% | 1h | 0.1571 | +0.123% | $1.1M | $1.9M | 3x | |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1573 | +0.263% | $308K | $842K | 3x | as long as short |
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1564 | −0.294% | $211K | $203K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1574 | +0.327% | $43.0M | $19.9M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1570 | +0.104% | $1.3M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1572 | +0.187% | $552K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1569 | −0.015% | $1.1M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1564 | −0.329% | $71K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1567 | −0.130% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1567 | −0.145% | $470 | $1K | 3x | as long as short |
Lighter RH CASHCAT
Nado CASHCAT-PERP
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1571 | +0.133% | $17K | $336K | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0296% | 4h | 0.1574 | +0.308% | $7.8M | $519K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0296% | 4h | 0.1576 | +0.487% | $11.9M | $18.7M | 10x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1573 | +0.274% | $96K | $614K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0618% | 1h | 0.1568 | −0.036% | $62K | $1.3M | 3x | as long as short |
| BingX CASHCAT-USDT | +0.0714% | 4h | 0.1576 | +0.461% | — | $1.0M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0763% | 4h | 0.1577 | +0.525% | $1.4M | $10.8M | 20x | as long as short |
| edgeX CASHCATUSDClong | +0.0859% | 4h | 0.1569 | long leg | $47K | $169K | 5x | |
| BloFin CASHCAT-USDT | +0.0991% | 4h | 0.1575 | +0.397% | $52K | $485K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2181% | 1h | 0.1577 | +0.530% | $98K | $255K | 5x | as long as short |
| Aster CASHCATUSDT | +0.2254% | 1h | 0.1569 | +0.044% | $521K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1617 | +3.075% | $8K | $18K | 5.5x | as long as short |
HTX CASHCAT-USDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Arcus CASHCAT-USD
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP