CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0440%/8h= +48.2% APRnext payment +$0.55 per $10,000 · paid last 24h +0.017%

Price spread now: Lighter against Extended+0.070%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1581.584% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.111%+$11 on $10k

Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.070%, 7d avg −0.021%

Together, before fees−0.072%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Lighter is 0.091% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.021%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.111% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.55 per $10,000. 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	Extended CASHCAT-USD	0.1597	0.0480	pay 0.0060% / 1h	2m 21s	$150K	$562K	5x
Short	Lighter CASHCAT	0.1598	0.0920	get 0.0115% / 1h	2m 21s	$1.1M	$1.7M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee LighterbpOrdersPrice spread, now +0.070%Rate

Funding earned: $92.4
Price spread: +0.070% → −0.021%: $9.1
Slippage, 4 orders: −$153.37
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$56.87
Costs to cover: 1.584%
Break-even: 11.3 days

Slippage from Extended: live order book, 60 min ago; Lighter: live order book, 4 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 Extended live order book, 60 min ago	17.50 bp	42.6 bp −$43	268.0 bp −$2,680	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	12.94 bp	55.3 bp −$55	174.3 bp −$1,743	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 RH CASHCAT	+0.0096%	1h	0.1597	+0.014%	$313K	$840K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1589	−0.499%	$217K	$201K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1592	−0.343%	$43.6M	$19.8M	3x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1595	−0.140%	$96K	$239K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1591	−0.393%	$1.3M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1593	−0.224%	$542K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1582	−0.948%	$1.2M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1589	−0.487%	$72K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1596	−0.090%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1599	+0.127%	$480	$1K	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CASHCAT-USDT	+0.0100%	1h	0.1596	−0.042%	$18K	$341K	10x	as long as short
Polymarket Perps CASHCAT-USD	+0.0210%	1h	0.1594	−0.186%	$65K	$1.3M	3x	as long as short
MEXC CASHCAT_USDT	+0.0308%	4h	0.1595	−0.149%	$7.9M	$524K	20x	as long as short
Bybit CASHCATUSDT	+0.0313%	4h	0.1597	+0.008%	$12.3M	$18.4M	10x	as long as short
Extended CASHCAT-USDlong	+0.0480%	1h	0.1597	long leg	$150K	$562K	5x
BingX CASHCAT-USDT	+0.0542%	4h	0.1597	+0.001%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0630%	4h	0.1597	+0.001%	$1.3M	$10.6M	20x	as long as short
BloFin CASHCAT-USDT	+0.0835%	4h	0.1589	−0.499%	$52K	$469K	20x	as long as short
edgeX CASHCATUSDC	+0.0910%	4h	0.1588	−0.542%	$48K	$170K	5x	as long as short
Lighter CASHCATshort	+0.0920%	1h	0.1598	+0.070%	$1.1M	$1.7M	3x
Aster CASHCATUSDT	+0.1980%	1h	0.1598	+0.066%	$530K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1606	+0.565%	$8K	$18K	5.5x	as long as short