CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1172%/8h= +128.3% APRnext payment +$1.46 per $10,000 · paid last 24h +0.151%

Price spread now: Aster against Lighter+0.112%7-day average −0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$720.716% of the position

Long on Lighter Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.375%+$38 on $10k

Price spread, last 7 days−0.136%−$14 · spread now +0.112%, 7d avg −0.066%

Together, before fees+0.239%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Aster is 0.178% dearer against Lighter than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.066%.

The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.375% in total (about 24.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 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	Lighter CASHCAT	0.1634	−0.0288	get 0.0036% / 1h	22m 58s	$1.1M	$1.8M	3x
Short	Aster CASHCATUSDT	0.1636	0.0884	get 0.0110% / 1h	22m 58s	$548K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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 LighterbpFee AsterbpOrdersPrice spread, now +0.112%Rate

Funding earned: $246.07
Price spread: +0.112% → −0.066%: $17.75
Slippage, 4 orders: −$63.61
Fee Lighter: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $192.21
Costs to cover: 0.716%
Break-even: 1.5 days

Slippage from Lighter: live order book, 4 min ago; Aster: live order book, 5 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 Lighter live order book, 4 min ago	6.72 bp	11.5 bp −$11	16.1 bp −$161	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	9.14 bp	24.3 bp −$24	191.3 bp −$1,913	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 CASHCATlong	−0.0288%	1h	0.1634	long leg	$1.1M	$1.8M	3x
Lighter RH CASHCAT	+0.0096%	1h	0.1635	+0.043%	$344K	$965K	3x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1636	+0.087%	$44.8M	$20.3M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1633	−0.080%	$1.5M	$2.0M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1634	−0.031%	$574K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1639	+0.307%	$1.1M	$1.8M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1640	+0.337%	$74K	$59K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1633	−0.062%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1635	+0.055%	$491	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1639	+0.262%	$20K	$289K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CASHCATUSDT	+0.0192%	4h	0.1638	+0.196%	$12.2M	$19.2M	10x	as long as short
MEXC CASHCAT_USDT	+0.0206%	4h	0.1638	+0.190%	$8.2M	$530K	20x	as long as short
Nado CASHCAT-PERP	+0.0339%	1h	0.1630	−0.291%	$205K	$194K	5x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1635	+0.059%	$106K	$756K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0676%	1h	0.1633	−0.061%	$64K	$1.3M	3x	as long as short
edgeX CASHCATUSDC	+0.0722%	4h	0.1640	+0.313%	$50K	$168K	5x	as long as short
Aster CASHCATUSDTshort	+0.0884%	1h	0.1636	+0.112%	$548K	$1.1M	10x
BingX CASHCAT-USDT	+0.0924%	4h	0.1637	+0.159%	—	$1.1M	—	as long as short
Arcus CASHCAT-USD	+0.0990%	1h	0.1642	+0.469%	$117K	$296K	5x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0993%	4h	0.1638	+0.220%	$1.4M	$12.3M	20x	as long as short
BloFin CASHCAT-USDT	+0.1268%	4h	0.1637	+0.159%	$52K	$563K	20x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1664	+1.811%	$8K	$19K	5.5x	as long as short