Funding you earn now, next payment 07:00 UTC−0.0384%/8h= −42.0% APRnext payment −$0.48 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Extended−0.016%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
Funding, last 7 days−0.075%−$7 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.016%, 7d avg +0.053%
=Together, before fees−0.015%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Lighter RH is 0.069% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 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 | 0.1634 | 0.0480 | pay 0.0060% / 1h | 39m 26s | $106K | $756K | 5x |
| Short | Lighter RH CASHCAT | 0.1634 | 0.0096 | get 0.0012% / 1h | 39m 26s | $338K | $955K | 3x |
Extended CASHCAT-USD
Lighter RH CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Extended. 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
- −$80.64
- Price spread: −0.016% → +0.053%
- −$6.9
- Slippage, 4 orders
- −$122.11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$214.65
- Costs to cover
- 1.271%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Lighter RH: live order book, 3 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, 3 min ago | 18.11 bp | 43.2 bp −$43 | 252.5 bp −$2,525 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 13.46 bp | 13.5 bp −$13 | 20.8 bp −$208 | 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 | −0.0552% | 1h | 0.1632 | −0.150% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCATshort | +0.0096% | 1h | 0.1634 | −0.016% | $338K | $955K | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1638 | +0.192% | $44.8M | $20.3M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1634 | −0.046% | $1.5M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1636 | +0.076% | $574K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1639 | +0.257% | $1.1M | $1.8M | — | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1637 | +0.159% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1635 | +0.027% | $490 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1639 | +0.304% | $19K | $294K | 10x | as long as short |
| ApeX Omni CASHCATUSDT | +0.0258% | 1h | 0.1637 | +0.149% | $74K | $59K | 50x | as long as short |
Lighter CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
ApeX Omni CASHCATUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0332% | 1h | 0.1634 | −0.040% | $206K | $194K | 5x | as long as short |
| Bybit CASHCATUSDT | +0.0421% | 4h | 0.1638 | +0.217% | $12.3M | $19.2M | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0440% | 4h | 0.1635 | +0.052% | $8.2M | $527K | 20x | as long as short |
| Extended CASHCAT-USDlong | +0.0480% | 1h | 0.1634 | long leg | $106K | $756K | 5x | |
| edgeX CASHCATUSDC | +0.0739% | 4h | 0.1641 | +0.430% | $50K | $168K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0756% | 1h | 0.1638 | +0.192% | $64K | $1.3M | 3x | as long as short |
| Arcus CASHCAT-USD | +0.0990% | 1h | 0.1641 | +0.425% | $102K | $280K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.1036% | 4h | 0.1636 | +0.101% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.1061% | 4h | 0.1639 | +0.284% | $1.5M | $12.2M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1398% | 4h | 0.1646 | +0.712% | $53K | $565K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1823% | 1h | 0.1638 | +0.193% | $549K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1659 | +1.508% | $8K | $19K | 5.5x | as long as short |
Nado CASHCAT-PERP
Bybit CASHCATUSDT
MEXC CASHCAT_USDT
edgeX CASHCATUSDC
Polymarket Perps CASHCAT-USD
Arcus CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP