Funding you earn now, next payment 00:00 UTC+0.0722%/8h= +79.0% APRnext payment +$0.90 per $10,000 · paid last 24h +0.040%
Price spread now: Arcus against Lighter RH−0.093%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1931.926% of the position
Funding, last 3 days (all we have)+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.093%, 7d avg +0.049%
=Together, before fees+0.168%+ Points / potential airdropLighter RH: Points live · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.142% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.049%). If the spread goes back, that is −$14 on $10k: about 16 hours of funding at the current rate (+$22 a day). At the pace of the last 3 days (+0.107% in total) that is about 4.5 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.107% in total (about 11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.90 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 RH CASHCAT | 0.1758 | 0.1064 | pay 0.0133% / 1h | 35m 54s | $336K | $822K | 3x |
| Short | Arcus CASHCAT-USD | 0.1757 | 0.1786 | get 0.0223% / 1h | 35m 54s | $121K | $216K | 5x |
Lighter RH CASHCAT
Arcus CASHCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter RH. 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
- $151.57
- Price spread: −0.093% → +0.049%
- −$14.22
- Slippage, 4 orders
- −$188.11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$55.26
- Costs to cover
- 1.926%
- Break-even
- 9.6 days
Slippage from Lighter RH: live order book, 42 min ago; Arcus: live order book, 42 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 RH live order book, 42 min ago | 8.65 bp | 25.4 bp −$25 | 97.0 bp −$970 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 42 min ago | 21.38 bp | 40.8 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1758 | −0.045% | $49.6M | $18.4M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1758 | −0.023% | $1.1M | $10.6M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1754 | −0.239% | $1.5M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1759 | +0.011% | $594K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1757 | −0.060% | $1.5M | $1.6M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1758 | −0.028% | $79K | $72K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1756 | −0.120% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1756 | −0.131% | $527 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1754 | −0.236% | $19K | $393K | 10x | as long as short |
| MEXC CASHCAT_USDT | +0.0186% | 4h | 0.1759 | +0.063% | $8.7M | $465K | 20x | as long as short |
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
MEXC CASHCAT_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CASHCATUSDT | +0.0191% | 4h | 0.1759 | +0.011% | $13.2M | $18.1M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.0254% | 4h | 0.1757 | −0.080% | — | $1.0M | — | as long as short |
| Nado CASHCAT-PERP | +0.0290% | 1h | 0.1754 | −0.222% | $248K | $155K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0300% | 4h | 0.1760 | +0.116% | $53K | $171K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1756 | −0.136% | $50K | $496K | 20x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0368% | 1h | 0.1757 | −0.085% | $66K | $1.2M | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1756 | −0.116% | $102K | $469K | 5x | as long as short |
| Lighter RH CASHCATlong | +0.1064% | 1h | 0.1758 | long leg | $336K | $822K | 3x | |
| Arcus CASHCAT-USDshort | +0.1786% | 1h | 0.1757 | −0.093% | $121K | $216K | 5x | |
| Lighter CASHCAT | +0.1888% | 1h | 0.1759 | +0.028% | $1.3M | $1.9M | 3x | as long as short |
| Aster CASHCATUSDT | +0.2962% | 1h | 0.1757 | −0.097% | $576K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1851 | +5.266% | $12K | $9K | 5.5x | as long as short |
Bybit CASHCATUSDT
BingX CASHCAT-USDT
Nado CASHCAT-PERP
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Polymarket Perps CASHCAT-USD
Extended CASHCAT-USD
Lighter CASHCAT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP