CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.6104%/8h= −668.4% APRnext payment −$7.63 per $10,000 · paid last 24h −1.300%

Price spread now: Lighter against Injective−2.037%66s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$183 a day on $10k at the current rate, and Lighter is 2.037% cheaper against Injective than usual: you would sell low and buy high (−$204 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CASHCAT/USDC PERP	0.1674	0.5000	pay 0.0625% / 1h	56m 06s	$8K	$18K	5.5x
Short	Lighter CASHCAT	0.1640	−0.1104	pay 0.0138% / 1h	56m 06s	$1.1M	$1.8M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now −2.037%Rate

Funding earned: −$1,281.84
Price spread: −2.037% → 0.000%: −$203.7
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$1,485.56
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 5 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 5 min ago	5.16 bp	7.5 bp −$8	15.9 bp −$159	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1104%	1h	0.1640	−2.037%	$1.1M	$1.8M	3x
Lighter RH CASHCAT	+0.0096%	1h	0.1643	−1.846%	$350K	$955K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1643	−1.879%	$45.1M	$20.4M	3x	as long as short
Aster CASHCATUSDT	+0.0100%	1h	0.1646	−1.661%	$550K	$1.1M	10x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1644	−1.786%	$12.3M	$19.1M	10x	as long as short
Arcus CASHCAT-USD	+0.0100%	1h	0.1650	−1.437%	$118K	$296K	5x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1640	−2.061%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1643	−1.846%	$8.2M	$526K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1642	−1.935%	$578K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1654	−1.173%	$1.1M	$1.8M	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1655	−1.129%	$75K	$60K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1644	−1.804%	$64K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1644	−1.770%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1642	−1.918%	$493	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1643	−1.834%	$22K	$288K	10x	as long as short
edgeX CASHCATUSDC	+0.0332%	4h	0.1660	−0.820%	$50K	$168K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1642	−1.918%	$206K	$859K	5x	as long as short
BingX CASHCAT-USDT	+0.0850%	4h	0.1641	−1.971%	—	$1.1M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0870%	4h	0.1644	−1.792%	$1.4M	$12.4M	20x	as long as short
BloFin CASHCAT-USDT	+0.1164%	4h	0.1644	−1.792%	$52K	$560K	20x	as long as short
Nado CASHCAT-PERP	+0.1296%	1h	0.1642	−1.938%	$239K	$213K	5x	as long as short
Injective CASHCAT/USDC PERPlong	+0.5000%	1h	0.1674	long leg	$8K	$18K	5.5x