Funding you earn now, next payment 04:00 UTC−0.0342%/8h= −37.5% APRpaid last 24h +0.067%
Price spread now: Lighter RH against edgeX+0.394%50s7-day average −0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$324as 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−$3383.382% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)−0.903%−$90 · spread now +0.394%, 7d avg −0.170%
=Together, before fees−0.764%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.563% dearer against edgeX than usual: you sell high and buy low (spread +0.394% now, against its 7-day average of −0.170%): +$56 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you. The two prices were read 50 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 0.139% in total (about 7.3% 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 | 0.1592 | 0.0438 | pay 0.0219% / 4h | 8m 36s | $48K | $169K | 5x |
| Short | Lighter RH CASHCAT | 0.1598 | 0.0096 | get 0.0012% / 1h | 8m 36s | $315K | $848K | 3x |
edgeX CASHCATUSDC
Lighter RH CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$71.91
- Price spread: +0.394% → −0.170%
- $56.35
- Slippage, 4 orders
- −$329.17
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$353.74
- Costs to cover
- 3.382%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 48 min ago; Lighter RH: live order book, 49 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, 48 min ago | 9.72 bp | 155.5 bp −$156 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 49 min ago | 8.16 bp | 8.2 bp −$8 | 12.7 bp −$127 | 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 CASHCAT | +0.0096% | 1h | 0.1595 | +0.212% | $1.1M | $1.9M | 3x | as long as short |
| Lighter RH CASHCATshort | +0.0096% | 1h | 0.1598 | +0.394% | $315K | $848K | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1597 | +0.337% | $43.7M | $19.9M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1598 | +0.375% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1597 | +0.331% | $560K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1593 | +0.045% | $1.1M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1591 | −0.065% | $72K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1603 | +0.714% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1603 | +0.695% | $481 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1595 | +0.215% | $18K | $328K | 10x | as long as short |
Lighter CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CASHCAT_USDT | +0.0106% | 4h | 0.1598 | +0.356% | $7.9M | $524K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0107% | 4h | 0.1598 | +0.400% | $12.1M | $18.7M | 10x | as long as short |
| Nado CASHCAT-PERP | +0.0184% | 1h | 0.1600 | +0.504% | $216K | $194K | 5x | as long as short |
| edgeX CASHCATUSDClong | +0.0438% | 4h | 0.1592 | long leg | $48K | $169K | 5x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1598 | +0.357% | $98K | $607K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0816% | 4h | 0.1599 | +0.450% | — | $1.0M | — | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0852% | 1h | 0.1604 | +0.739% | $64K | $1.3M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0920% | 4h | 0.1600 | +0.513% | $1.5M | $11.0M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1171% | 4h | 0.1598 | +0.387% | $52K | $499K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2181% | 1h | 0.1599 | +0.423% | $96K | $261K | 5x | as long as short |
| Aster CASHCATUSDT | +0.2258% | 1h | 0.1596 | +0.245% | $532K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1620 | +1.770% | $8K | $18K | 5.5x | as long as short |
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
Nado CASHCAT-PERP
Extended CASHCAT-USD
BingX CASHCAT-USDT
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Arcus CASHCAT-USD
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP