Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.129%
Price spread now: HTX against Lighter+0.418%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$690as in the Funding arb table
Net, price: spread back to 7d avg − costs−$585as in the Price arb table
costs, in and out, $10k−$6186.180% of the position
Funding, last 7 days−0.719%−$72 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now +0.418%, 7d avg +0.089%
=Together, before fees−0.612%+ Points / potential airdropLighter: Season 3 · farm board−$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and HTX is 0.329% dearer against Lighter than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.089%. Mind the row above: over the last 7 days funding on this pair cost −0.719%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CASHCAT | 0.1591 | 0.0088 | pay 0.0011% / 1h | 11m 36s | $1.1M | $1.9M | 3x |
| Short | HTX CASHCAT-USDT | 0.1598 | 0.0100 | get 0.0013% / 1h | 11m 36s | $18K | $329K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $2.52
- Price spread: +0.418% → +0.089%
- $32.9
- Slippage, 4 orders
- −$605.98
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$582.57
- Costs to cover
- 6.180%
- Break-even
- 1625.2 days
Slippage from Lighter: live order book, 5 min ago; HTX: live order book, 46 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, 5 min ago | 6.90 bp | 7.5 bp −$8 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell HTX live order book, 46 min ago | 71.96 bp | 320.3 bp −$320 | doesn't fit | 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 | +0.0088% | 1h | 0.1591 | long leg | $1.1M | $1.9M | 3x | |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1593 | +0.126% | $314K | $848K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1590 | −0.067% | $43.5M | $20.1M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1592 | +0.025% | $1.3M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1592 | +0.063% | $557K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1601 | +0.595% | $1.1M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1596 | +0.314% | $72K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1597 | +0.389% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1596 | +0.327% | $479 | $1K | 3x | as long as short |
| HTX CASHCAT-USDTshort | +0.0100% | 1h | 0.1598 | +0.418% | $18K | $329K | 10x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CASHCAT_USDT | +0.0124% | 4h | 0.1593 | +0.145% | $7.9M | $523K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.0125% | 4h | 0.1592 | +0.063% | $12.1M | $18.7M | 10x | as long as short |
| Nado CASHCAT-PERP | +0.0171% | 1h | 0.1593 | +0.141% | $215K | $201K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1590 | −0.072% | $97K | $608K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0806% | 4h | 0.1593 | +0.119% | — | $1.0M | — | as long as short |
| edgeX CASHCATUSDC | +0.0836% | 4h | 0.1596 | +0.332% | $48K | $170K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0837% | 1h | 0.1598 | +0.402% | $64K | $1.3M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0888% | 4h | 0.1595 | +0.245% | $1.4M | $11.0M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1116% | 4h | 0.1598 | +0.434% | $52K | $500K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2181% | 1h | 0.1593 | +0.101% | $96K | $264K | 5x | as long as short |
| Aster CASHCATUSDT | +0.2274% | 1h | 0.1596 | +0.294% | $531K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1620 | +1.816% | $8K | $18K | 5.5x | as long as short |
Lighter CASHCAT
HTX CASHCAT-USDT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
Extended CASHCAT-USD
BingX CASHCAT-USDT
edgeX CASHCATUSDC
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP