CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.073%

Price spread now: Lighter against Hyperliquid−0.154%7-day average −0.059% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.271%+$27 on $10k

Price spread, last 7 days+0.106%+$11 · spread now −0.154%, 7d avg −0.059%

Together, before fees+0.377%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board+$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.095% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid CASHCAT	0.1674	0.0100	pay 0.0013% / 1h	17m 14s	$46.1M	$20.5M	3x
Short	Lighter CASHCAT	0.1672	0.0096	get 0.0012% / 1h	17m 14s	$1.1M	$1.8M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 HyperliquidbpFee LighterbpOrdersPrice spread, now −0.154%Rate

Funding earned: −$0.84
Price spread: −0.154% → −0.059%: −$9.47
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$19.31
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 6 min ago; Lighter: live order book, 4 min ago. Net counts fees only.

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 Hyperliquid live order book, 6 min ago	0.30 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	7.22 bp	7.8 bp −$8	18.2 bp −$182	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 CASHCATshort	+0.0096%	1h	0.1672	−0.154%	$1.1M	$1.8M	3x
Lighter RH CASHCAT	+0.0096%	1h	0.1675	+0.025%	$349K	$974K	3x	as long as short
Hyperliquid CASHCATlong	+0.0100%	1h	0.1674	long leg	$46.1M	$20.5M	3x
Bybit CASHCATUSDT	+0.0100%	4h	0.1676	+0.097%	$12.5M	$19.2M	10x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1667	−0.414%	$103K	$316K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1673	−0.088%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1676	+0.097%	$8.5M	$539K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1674	−0.017%	$591K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1668	−0.390%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1664	−0.584%	$75K	$60K	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CASHCAT-USDT	+0.0100%	1h	0.1674	−0.016%	—	$2.4M	10x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1674	−0.017%	$22K	$263K	10x	as long as short
SoDEX CASHCAT-USD	+0.0164%	1h	0.1675	+0.025%	$502	$1K	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1674	+0.002%	$239K	$887K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0542%	1h	0.1674	−0.029%	$66K	$1.4M	3x	as long as short
BingX CASHCAT-USDT	+0.0648%	4h	0.1675	+0.049%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0684%	4h	0.1675	+0.049%	$1.4M	$12.8M	20x	as long as short
edgeX CASHCATUSDC	+0.0807%	4h	0.1669	−0.300%	$51K	$168K	5x	as long as short
BloFin CASHCAT-USDT	+0.0920%	4h	0.1677	+0.168%	$53K	$582K	20x	as long as short
Nado CASHCAT-PERP	+0.1362%	1h	0.1671	−0.190%	$247K	$207K	5x	as long as short
Aster CASHCATUSDT	+0.2642%	1h	0.1672	−0.105%	$559K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1749	+4.469%	$9K	$18K	5.5x	as long as short