CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0840%/8h= +92.0% APRnext payment +$1.05 per $10,000 · paid last 24h −0.023%

Price spread now: Lighter against Lighter RH+0.029%7-day average −0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$520.520% of the position

Long on Lighter RH Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.029%, 7d avg −0.078%

Together, before fees+0.060%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Lighter is 0.107% dearer against Lighter RH than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.078%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.112% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.05 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	0.1728	0.0496	pay 0.0062% / 1h	12m 31s	$333K	$835K	3x
Short	Lighter CASHCAT	0.1728	0.1336	get 0.0167% / 1h	12m 31s	$1.2M	$1.9M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.029%Rate

Funding earned: $176.4
Price spread: +0.029% → −0.078%: $10.71
Slippage, 4 orders: −$51.97
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $135.14
Costs to cover: 0.520%
Break-even: 1.6 days

Slippage from Lighter RH: live order book, 65 min ago; Lighter: 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, 65 min ago	8.65 bp	25.4 bp −$25	97.0 bp −$970	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	3.45 bp	7.9 bp −$8	17.6 bp −$176	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	0.1727	−0.046%	$48.6M	$18.7M	3x	as long as short
Bybit CASHCATUSDT	+0.0100%	4h	0.1731	+0.220%	$12.9M	$18.1M	10x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1729	+0.075%	$1.1M	$10.4M	20x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1724	−0.208%	$1.5M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1728	0.000%	$8.6M	$471K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1725	−0.145%	$586K	$2.4M	10x	as long as short
BingX CASHCAT-USDT	+0.0100%	4h	0.1731	+0.191%	—	$1.0M	—	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1759	+1.788%	$1.5M	$1.5M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1737	+0.544%	$78K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1724	−0.219%	—	$2.6M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CASHCAT-USD	+0.0100%	1h	0.1725	−0.174%	$517	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1724	−0.240%	$18K	$388K	10x	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1728	+0.017%	$50K	$488K	20x	as long as short
Polymarket Perps CASHCAT-USD	+0.0364%	1h	0.1726	−0.081%	$66K	$1.2M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1727	−0.022%	$100K	$466K	5x	as long as short
Lighter RH CASHCATlong	+0.0496%	1h	0.1728	long leg	$333K	$835K	3x
Nado CASHCAT-PERP	+0.0664%	1h	0.1727	−0.012%	$245K	$157K	5x	as long as short
edgeX CASHCATUSDC	+0.0857%	4h	0.1740	+0.732%	$52K	$172K	5x	as long as short
Lighter CASHCATshort	+0.1336%	1h	0.1728	+0.029%	$1.2M	$1.9M	3x
Arcus CASHCAT-USD	+0.1786%	1h	0.1736	+0.471%	$120K	$216K	5x	as long as short
Aster CASHCATUSDT	+0.3576%	1h	0.1732	+0.260%	$569K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1754	+1.522%	$9K	$12K	5.5x	as long as short