Settings8H · net · $10k
Funding arb · Price arb /

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0384%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Lighter RH+0.016%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$7 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.016%, 7d avg −0.053%
Together, before fees+0.015%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.069% dearer against Lighter RH than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.053%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH CASHCAT0.16340.0096pay 0.0012% / 1h39m 38s$338K$955K3x
ShortExtended CASHCAT-USD0.16340.0480get 0.0060% / 1h39m 38s$106K$756K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$80.64
Price spread: +0.016% → −0.053%
$6.9
Slippage, 4 orders
−$122.11
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$39.58
Costs to cover
1.271%
Break-even
10.4 days
Slippage from Lighter RH: live order book, 3 min ago; Extended: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago13.46 bp26.6 bp −$2791.7 bp −$917doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago18.11 bp43.8 bp −$44285.4 bp −$2,854doesn't fitdoesn't fit

CASHCAT on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CASHCAT−0.0552%1h0.1632−0.135%$1.1M$1.8M3xas long as short
Lighter RH CASHCATlong+0.0096%1h0.1634long leg$338K$955K3x
Hyperliquid CASHCAT+0.0100%1h0.1636+0.086%$44.7M$20.3M3xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1635+0.037%$1.5M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1636+0.092%$574K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1639+0.273%$1.1M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1630−0.233%$74K$59K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1637+0.174%$2.4M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1635+0.043%$490$1K3xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1639+0.320%$19K$294K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado CASHCAT-PERP+0.0347%1h0.1635+0.083%$206K$194K5xas long as short
MEXC CASHCAT_USDT+0.0440%4h0.1635+0.067%$8.2M$527K20xas long as short
Bybit CASHCATUSDT+0.0442%4h0.1635+0.031%$12.2M$19.2M10xas long as short
Extended CASHCAT-USDshort+0.0480%1h0.1634+0.016%$106K$756K5x
Polymarket Perps CASHCAT-USD+0.0777%1h0.1637+0.202%$64K$1.3M3xas long as short
edgeX CASHCATUSDC+0.0802%4h0.1631−0.201%$49K$169K5xas long as short
Arcus CASHCAT-USD+0.0990%1h0.1641+0.441%$102K$280K5xas long as short
BingX CASHCAT-USDT+0.1036%4h0.1636+0.116%$1.1Mas long as short
OKX CASHCAT-USDT-SWAP+0.1061%4h0.1635+0.055%$1.5M$12.2M20xas long as short
BloFin CASHCAT-USDT+0.1398%4h0.1646+0.728%$53K$565K20xas long as short
Aster CASHCATUSDT+0.1823%1h0.1636+0.141%$549K$1.1M10xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1659+1.524%$8K$19K5.5xas long as short