Funding you earn now, next payment 05:00 UTC−0.0538%/8h= −58.9% APRnext payment −$0.67 per $10,000 · paid last 24h −0.069%
Price spread now: Lighter RH against Nado+0.147%7-day average +0.096% · 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−$133as in the Price arb table
costs, in and out, $10k−$1381.385% of the position
Funding, last 3 days (all we have)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.509%−$51 · spread now +0.147%, 7d avg +0.096%
=Together, before fees−0.491%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.051% dearer against Nado than usual: you sell high and buy low (spread +0.147% now, against its 7-day average of +0.096%): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.018% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.67 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 | Nado CASHCAT-PERP | 0.1568 | 0.0634 | pay 0.0079% / 1h | 3m 06s | $212K | $183K | 5x |
| Short | Lighter RH CASHCAT | 0.1570 | 0.0096 | get 0.0012% / 1h | 3m 06s | $316K | $923K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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
- −$112.96
- Price spread: +0.147% → +0.096%
- $5.1
- Slippage, 4 orders
- −$138.49
- Fee Nado: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$246.34
- Costs to cover
- 1.385%
- Break-even
- never at this rate
Slippage from Nado: live order book, 49 min ago; Lighter RH: live order book, 49 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 Nado live order book, 49 min ago | 21.16 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 49 min ago | 5.92 bp | 5.9 bp −$6 | 10.6 bp −$106 | 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 CASHCAT | −0.0384% | 1h | 0.1567 | −0.038% | $1.1M | $1.9M | 3x | as long as short |
| Lighter RH CASHCATshort | +0.0096% | 1h | 0.1570 | +0.147% | $316K | $923K | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1571 | +0.204% | $42.9M | $20.0M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1572 | +0.287% | $11.7M | $19.0M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1569 | +0.108% | $1.4M | $2.1M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1571 | +0.217% | $7.8M | $524K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1571 | +0.191% | $553K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1581 | +0.872% | $1.0M | $1.7M | — | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1570 | +0.175% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1570 | +0.140% | $471 | $1K | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1569 | +0.077% | $18K | $314K | 10x | as long as short |
| ApeX Omni CASHCATUSDT | +0.0119% | 1h | 0.1583 | +0.957% | $72K | $64K | 50x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1571 | +0.188% | $164K | $675K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0605% | 1h | 0.1570 | +0.179% | $67K | $1.3M | 3x | as long as short |
| Nado CASHCAT-PERPlong | +0.0634% | 1h | 0.1568 | long leg | $212K | $183K | 5x | |
| BingX CASHCAT-USDT | +0.0822% | 4h | 0.1574 | +0.402% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0895% | 4h | 0.1574 | +0.402% | $1.4M | $11.2M | 20x | as long as short |
| edgeX CASHCATUSDC | +0.0926% | 4h | 0.1579 | +0.726% | $48K | $170K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.1142% | 4h | 0.1574 | +0.402% | $52K | $522K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1787% | 1h | 0.1573 | +0.317% | $525K | $1.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.2486% | 1h | 0.1579 | +0.705% | $96K | $268K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1636 | +4.357% | $8K | $18K | 5.5x | as long as short |
Lighter RH CASHCAT
Lighter CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
ApeX Omni CASHCATUSDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP