Funding you earn now, next payment 00:00 UTC+0.1884%/8h= +206.3% APRnext payment +$2.35 per $10,000 · paid last 24h +0.122%
Price spread now: Lighter against HTX+0.202%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$662as in the Funding arb table
Net, price: spread back to 7d avg − costs−$703as in the Price arb table
costs, in and out, $10k−$7327.325% of the position
Funding, last 7 days+0.703%+$70 on $10k
+Price spread, last 3 days (all we have)−0.609%−$61 · spread now +0.202%, 7d avg −0.090%
=Together, before fees+0.095%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$57 a day on $10k at the current rate, and Lighter is 0.292% dearer against HTX than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.090%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.703% in total (about 36.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.35 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 | HTX CASHCAT-USDT | 0.1756 | 0.0100 | pay 0.0013% / 1h | 37m 54s | $19K | $393K | 10x |
| Short | Lighter CASHCAT | 0.1760 | 0.1984 | get 0.0248% / 1h | 37m 54s | $1.3M | $1.9M | 3x |
HTX CASHCAT-USDT
Lighter CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- $395.64
- Price spread: +0.202% → −0.090%
- $29.22
- Slippage, 4 orders
- −$720.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$307.6
- Costs to cover
- 7.325%
- Break-even
- 12.4 days
Slippage from HTX: live order book, 40 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 HTX live order book, 40 min ago | 237.52 bp | 366.8 bp −$367 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 2.27 bp | 6.1 bp −$6 | 15.4 bp −$154 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1758 | +0.083% | $49.6M | $18.4M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1757 | +0.048% | $1.1M | $10.6M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1757 | +0.031% | $1.5M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1760 | +0.225% | $595K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1764 | +0.471% | $1.5M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1761 | +0.253% | $79K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1759 | +0.175% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1758 | +0.094% | $527 | $1K | 3x | as long as short |
| HTX CASHCAT-USDTlong | +0.0100% | 1h | 0.1756 | long leg | $19K | $393K | 10x | |
| Bybit CASHCATUSDT | +0.0199% | 4h | 0.1758 | +0.128% | $13.2M | $18.1M | 10x | as long as short |
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
Bybit CASHCATUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CASHCAT_USDT | +0.0204% | 4h | 0.1759 | +0.151% | $8.7M | $465K | 20x | as long as short |
| BingX CASHCAT-USDT | +0.0267% | 4h | 0.1757 | +0.048% | — | $1.0M | — | as long as short |
| Nado CASHCAT-PERP | +0.0269% | 1h | 0.1756 | +0.017% | $248K | $155K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1758 | +0.105% | $50K | $497K | 20x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0394% | 1h | 0.1760 | +0.242% | $66K | $1.2M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1759 | +0.135% | $102K | $469K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0838% | 4h | 0.1763 | +0.403% | $53K | $171K | 5x | as long as short |
| Lighter RH CASHCAT | +0.1112% | 1h | 0.1759 | +0.179% | $336K | $822K | 3x | as long as short |
| Arcus CASHCAT-USD | +0.1786% | 1h | 0.1758 | +0.105% | $121K | $217K | 5x | as long as short |
| Lighter CASHCATshort | +0.1984% | 1h | 0.1760 | +0.202% | $1.3M | $1.9M | 3x | |
| Aster CASHCATUSDT | +0.2992% | 1h | 0.1757 | +0.031% | $576K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1851 | +5.401% | $12K | $9K | 5.5x | as long as short |
MEXC CASHCAT_USDT
BingX CASHCAT-USDT
Nado CASHCAT-PERP
BloFin CASHCAT-USDT
Polymarket Perps CASHCAT-USD
Extended CASHCAT-USD
edgeX CASHCATUSDC
Lighter RH CASHCAT
Arcus CASHCAT-USD
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP