Funding you earn now, next payment 03:00 UTC−0.0480%/8h= −52.5% APRpaid last 24h −0.118%
Price spread now: Bybit against Lighter+0.151%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1261.263% of the position
Funding, last 7 days−0.634%−$63 on $10k
+Price spread, last 7 days−0.128%−$13 · spread now +0.151%, 7d avg +0.063%
=Together, before fees−0.762%+ Points / potential airdropLighter: Season 3 · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.088% dearer against Lighter than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.063%): +$9 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CASHCAT | 0.1591 | 0.0792 | pay 0.0099% / 1h | 4m 16s | $1.1M | $1.7M | 3x |
| Short | Bybit CASHCATUSDT | 0.1593 | 0.0312 | get 0.0156% / 4h | 1h 04m | $12.2M | $18.4M | 10x |
Lighter CASHCAT
Bybit CASHCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. 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
- −$100.73
- Price spread: +0.151% → +0.063%
- $8.82
- Slippage, 4 orders
- −$115.31
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$218.22
- Costs to cover
- 1.263%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; Bybit: live order book, 4 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, 2 min ago | 12.94 bp | 19.2 bp −$19 | 84.3 bp −$843 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.37 bp | 18.6 bp −$19 | 101.6 bp −$1,016 | 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 RH CASHCAT | +0.0096% | 1h | 0.1592 | +0.063% | $312K | $840K | 3x | as long as short |
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1588 | −0.170% | $217K | $201K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1591 | +0.020% | $43.6M | $19.8M | 3x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1587 | −0.232% | $96K | $239K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1589 | −0.113% | $1.3M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1591 | +0.019% | $542K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1582 | −0.557% | $1.2M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1614 | +1.458% | $73K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1593 | +0.158% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1588 | −0.189% | $476 | $1K | 3x | as long as short |
Lighter RH CASHCAT
Nado CASHCAT-PERP
Hyperliquid CASHCAT
Arcus CASHCAT-USD
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1596 | +0.353% | $18K | $341K | 10x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0220% | 1h | 0.1593 | +0.132% | $65K | $1.2M | 3x | as long as short |
| MEXC CASHCAT_USDT | +0.0284% | 4h | 0.1590 | −0.019% | $7.9M | $523K | 20x | as long as short |
| Bybit CASHCATUSDTshort | +0.0312% | 4h | 0.1593 | +0.151% | $12.2M | $18.4M | 10x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1590 | −0.058% | $149K | $562K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0542% | 4h | 0.1593 | +0.145% | — | $1.0M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0595% | 4h | 0.1591 | +0.019% | $1.3M | $10.6M | 20x | as long as short |
| Lighter CASHCATlong | +0.0792% | 1h | 0.1591 | long leg | $1.1M | $1.7M | 3x | |
| BloFin CASHCAT-USDT | +0.0835% | 4h | 0.1586 | −0.295% | $52K | $469K | 20x | as long as short |
| edgeX CASHCATUSDC | +0.1095% | 4h | 0.1582 | −0.546% | $48K | $170K | 5x | as long as short |
| Aster CASHCATUSDT | +0.1912% | 1h | 0.1589 | −0.122% | $530K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1598 | +0.459% | $8K | $18K | 5.5x | as long as short |
HTX CASHCAT-USDT
Polymarket Perps CASHCAT-USD
MEXC CASHCAT_USDT
Extended CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
edgeX CASHCATUSDC
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP