CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1337%/8h= +146.4% APRnext payment +$1.67 per $10,000 · paid last 24h +0.009%

Price spread now: Aster against Lighter RH+0.030%7-day average −0.095% · 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−$69as in the Price arb table

costs, in and out, $10k−$810.811% of the position

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.443%+$44 on $10k

Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.030%, 7d avg −0.095%

Together, before fees+0.202%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Aster is 0.125% dearer against Lighter RH than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.095%.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.443% in total (about 30.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.67 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	0.1659	0.0248	pay 0.0031% / 1h	39m 20s	$322K	$810K	3x
Short	Aster CASHCATUSDT	0.1660	0.1585	get 0.0198% / 1h	39m 20s	$549K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 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 Lighter RHbpFee AsterbpOrdersPrice spread, now +0.030%Rate

Funding earned: $280.83
Price spread: +0.030% → −0.095%: $12.48
Slippage, 4 orders: −$73.06
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $212.24
Costs to cover: 0.811%
Break-even: 1.7 days

Slippage from Lighter RH: live order book, 28 min ago; Aster: 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 RH live order book, 28 min ago	12.38 bp	14.1 bp −$14	20.0 bp −$200	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	8.70 bp	24.2 bp −$24	184.3 bp −$1,843	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
Nado CASHCAT-PERP	+0.0100%	1h	0.1660	+0.027%	$248K	$189K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1660	+0.042%	$45.5M	$20.4M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1657	−0.121%	$1.4M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1659	−0.024%	$586K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1667	+0.448%	$1.4M	$1.4M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1673	+0.826%	$75K	$64K	50x	as long as short
Polymarket Perps CASHCAT-USD	+0.0100%	1h	0.1660	+0.036%	$67K	$1.3M	3x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1660	+0.046%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1661	+0.084%	$498	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1662	+0.182%	$18K	$369K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CASHCAT-USD	+0.0104%	1h	0.1660	+0.034%	$116K	$479K	5x	as long as short
Lighter RH CASHCATlong	+0.0248%	1h	0.1659	long leg	$322K	$810K	3x
Lighter CASHCAT	+0.0408%	1h	0.1659	0.000%	$1.2M	$1.7M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0409%	4h	0.1664	+0.277%	$1.3M	$10.8M	20x	as long as short
BloFin CASHCAT-USDT	+0.0642%	4h	0.1672	+0.759%	$51K	$490K	20x	as long as short
Bybit CASHCATUSDT	+0.1239%	4h	0.1662	+0.169%	$12.6M	$18.6M	10x	as long as short
MEXC CASHCAT_USDT	+0.1264%	4h	0.1660	+0.012%	$8.3M	$496K	20x	as long as short
BingX CASHCAT-USDT	+0.1280%	4h	0.1664	+0.277%	—	$1.0M	—	as long as short
edgeX CASHCATUSDC	+0.1542%	4h	0.1674	+0.905%	$50K	$170K	5x	as long as short
Aster CASHCATUSDTshort	+0.1585%	1h	0.1660	+0.030%	$549K	$1.1M	10x
Arcus CASHCAT-USD	+0.2842%	1h	0.1663	+0.241%	$115K	$224K	5x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1693	+2.025%	$8K	$12K	5.5x	as long as short