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

CASHCAT

all CASHCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h +0.003%
Price spread now: Lighter against OKX−0.169%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$830.832% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.551%+$55 on $10k
Price spread, last 7 days+0.172%+$17 · spread now −0.169%, 7d avg −0.001%
Together, before fees+0.723%+ Points / potential airdropLighter: Season 3 · farm board+$72 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Lighter is 0.167% cheaper against OKX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.551%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CASHCAT-USDT-SWAP0.17170.0524pay 0.0262% / 4h2h 56m$1.4M$12.8M20x
ShortLighter CASHCAT0.17140.0200get 0.0025% / 1h56m 51s$1.2M$1.6M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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
−$68.09
Price spread: −0.169% → −0.001%
−$16.75
Slippage, 4 orders
−$73.25
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$168.09
Costs to cover
0.832%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Lighter: live order book, 5 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 OKX live order book, 1 min ago5.84 bp34.3 bp −$34138.9 bp −$1,389doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago5.20 bp5.2 bp −$58.1 bp −$81doesn'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
Hyperliquid CASHCAT+0.0100%1h0.1717+0.012%$47.5M$20.3M3xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1714−0.151%$1.6M$1.8M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1714−0.146%$628K$2.4M10xas long as short
Variational Omni CASHCAT+0.0100%4h0.1732+0.884%$1.2M$1.8Mas long as short
ApeX Omni CASHCATUSDT+0.0100%1h0.1733+0.909%$84K$64K50xas long as short
Polymarket Perps CASHCAT-USD+0.0100%1h0.1710−0.425%$67K$1.3M3xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1717−0.020%$2.1M10xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1712−0.300%$20K$227K10xas long as short
Lighter CASHCATshort+0.0200%1h0.1714−0.169%$1.2M$1.6M3x
Lighter RH CASHCAT+0.0224%1h0.1716−0.076%$357K$880K3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CASHCAT-USD+0.0347%1h0.1716−0.076%$515$1K3xas long as short
Extended CASHCAT-USD+0.0480%1h0.1716−0.038%$246K$868K5xas long as short
Bybit CASHCATUSDT+0.0490%4h0.1718+0.058%$13.1M$19.1M10xas long as short
OKX CASHCAT-USDT-SWAPlong+0.0524%4h0.1717long leg$1.4M$12.8M20x
MEXC CASHCAT_USDT+0.0538%4h0.1717−0.017%$8.9M$542K20xas long as short
BingX CASHCAT-USDT+0.0662%4h0.17170.000%$1.1Mas long as short
BloFin CASHCAT-USDT+0.0763%4h0.1713−0.233%$52K$607K20xas long as short
edgeX CASHCATUSDC+0.1124%4h0.1724+0.434%$52K$167K5xas long as short
Nado CASHCAT-PERP+0.1570%1h0.1713−0.262%$255K$205K5xas long as short
Aster CASHCATUSDT+0.4050%1h0.1714−0.181%$568K$1.0M10xas long as short
Arcus CASHCAT-USD+0.4530%1h0.1718+0.073%$106K$309K5xas long as short
Injective CASHCAT/USDC PERP+0.5000%1h0.1735+1.048%$8K$18K5.5xas long as short