Funding you earn now, next payment 03:00 UTC−0.4904%/8h= −537.0% APRnext payment −$6.13 per $10,000 · paid last 24h −1.250%
Price spread now: Lighter RH against Injective−1.109%67s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$147 a day on $10k at the current rate, and Lighter RH is 1.109% cheaper against Injective than usual: you would sell low and buy high (−$111 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 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 | 0.1641 | 0.5000 | pay 0.0625% / 1h | 51m 52s | $8K | $18K | 5.5x |
| Short | Lighter RH CASHCAT | 0.1623 | 0.0096 | get 0.0012% / 1h | 51m 52s | $316K | $820K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Injective. 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
- −$1,029.84
- Price spread: −1.109% → 0.000%
- −$110.91
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$1,140.77
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 11 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 RH live order book, 11 min ago | 11.49 bp | 18.1 bp −$18 | doesn't fit | 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 21 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 RH CASHCATshort | +0.0096% | 1h | 0.1623 | −1.109% | $316K | $820K | 3x | |
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1620 | −1.280% | $242K | $185K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1621 | −1.225% | $44.2M | $19.2M | 3x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1623 | −1.111% | $112K | $218K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1620 | −1.286% | $1.4M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1621 | −1.200% | $540K | $2.3M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1623 | −1.092% | $1.3M | $1.5M | — | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1620 | −1.255% | $65K | $1.2M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1620 | −1.286% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1620 | −1.268% | $486 | $1K | 3x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1650 | +0.548% | $18K | $352K | 10x | as long as short |
| Lighter CASHCAT | +0.0104% | 1h | 0.1623 | −1.115% | $1.2M | $1.6M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1620 | −1.283% | $97K | $489K | 5x | as long as short |
| ApeX Omni CASHCATUSDT | +0.0150% | 1h | 0.1621 | −1.200% | $73K | $63K | 50x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0452% | 4h | 0.1629 | −0.731% | $1.3M | $10.3M | 20x | as long as short |
| Aster CASHCATUSDT | +0.0663% | 1h | 0.1623 | −1.082% | $543K | $1.0M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.0910% | 4h | 0.1627 | −0.853% | — | $1.0M | — | as long as short |
| MEXC CASHCAT_USDT | +0.0916% | 4h | 0.1624 | −1.054% | $8.1M | $491K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0922% | 4h | 0.1626 | −0.896% | $12.1M | $17.9M | 10x | as long as short |
| edgeX CASHCATUSDC | +0.1404% | 4h | 0.1614 | −1.675% | $49K | $170K | 5x | as long as short |
| Injective CASHCAT/USDC PERPlong | +0.5000% | 1h | 0.1641 | long leg | $8K | $18K | 5.5x |
Injective CASHCAT/USDC PERP
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Lighter CASHCAT
Extended CASHCAT-USD
ApeX Omni CASHCATUSDT
OKX CASHCAT-USDT-SWAP
Aster CASHCATUSDT
BingX CASHCAT-USDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC