Funding you earn now, next payment 05:00 UTC+0.0804%/8h= +88.0% APRnext payment +$1.01 per $10,000 · paid last 24h +0.107%
Price spread now: Lighter RH against HTX−0.278%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$485as in the Funding arb table
Net, price: spread back to 7d avg − costs−$567as in the Price arb table
costs, in and out, $10k−$5415.405% of the position
Funding, last 7 days+0.553%+$55 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now −0.278%, 7d avg −0.018%
=Together, before fees+0.458%+ Points / potential airdropLighter RH: Points live · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.260% cheaper against HTX than usual: you would sell low and buy high (spread −0.278% now, against its 7-day average of −0.018%). If the spread goes back, that is −$26 on $10k: about 26 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.553% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.553% in total (about 28.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.01 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 | 0.1618 | 0.0100 | pay 0.0013% / 1h | 42m 55s | $18K | $322K | 10x |
| Short | Lighter RH CASHCAT | 0.1614 | 0.0904 | get 0.0113% / 1h | 42m 55s | $308K | $876K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $168.84
- Price spread: −0.278% → −0.018%
- −$26.04
- Slippage, 4 orders
- −$528.55
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$397.75
- Costs to cover
- 5.405%
- Break-even
- 23.5 days
Slippage from HTX: live order book, 9 min ago; Lighter RH: live order book, 10 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, 9 min ago | 54.73 bp | 286.5 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 10 min ago | 5.92 bp | 5.9 bp −$6 | 10.6 bp −$106 | 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 | 0.1613 | −0.340% | $1.1M | $1.8M | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1609 | −0.538% | $44.0M | $19.9M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1610 | −0.531% | $12.0M | $18.8M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1611 | −0.445% | $1.4M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1612 | −0.389% | $8.0M | $518K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1610 | −0.482% | $559K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1609 | −0.586% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1610 | −0.531% | $73K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1611 | −0.453% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDTlong | +0.0100% | 1h | 0.1618 | long leg | $18K | $322K | 10x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CASHCAT-USD | +0.0105% | 1h | 0.1613 | −0.340% | $484 | $1K | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0256% | 4h | 0.1606 | −0.735% | $49K | $170K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1612 | −0.388% | $169K | $675K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0587% | 1h | 0.1610 | −0.507% | $66K | $1.3M | 3x | as long as short |
| Nado CASHCAT-PERP | +0.0679% | 1h | 0.1607 | −0.686% | $217K | $188K | 5x | as long as short |
| Lighter RH CASHCATshort | +0.0904% | 1h | 0.1614 | −0.278% | $308K | $876K | 3x | |
| BingX CASHCAT-USDT | +0.0958% | 4h | 0.1611 | −0.439% | — | $1.0M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0996% | 4h | 0.1610 | −0.501% | $1.5M | $11.2M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1296% | 4h | 0.1612 | −0.377% | $52K | $501K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2486% | 1h | 0.1608 | −0.602% | $97K | $264K | 5x | as long as short |
| Aster CASHCATUSDT | +0.3210% | 1h | 0.1609 | −0.571% | $538K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1631 | +0.797% | $8K | $18K | 5.5x | as long as short |
HTX CASHCAT-USDT
Lighter RH CASHCAT
Lighter CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
edgeX CASHCATUSDC
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP