Funding you earn now, next payment 12:00 UTC−0.0443%/8h= −48.5% APRnext payment −$0.55 per $10,000 · paid last 24h −0.016%
Price spread now: Lighter RH against Polymarket Perps+0.048%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.771%−$77 · spread now +0.048%, 7d avg −0.073%
=Together, before fees−0.789%+ Points / potential airdropLighter RH: Points live · farm board−$79 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.121% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.073%): +$12 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.019% in total) that is about 45 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.55 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CASHCAT-USD | 0.1676 | 0.0539 | pay 0.0067% / 1h | 43m 05s | $67K | $1.1M | 3x |
| Short | Lighter RH CASHCAT | 0.1677 | 0.0096 | get 0.0012% / 1h | 43m 05s | $351K | $856K | 3x |
Polymarket Perps CASHCAT-USD
Lighter RH CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Polymarket Perps. 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
- −$93.02
- Price spread: +0.048% → −0.073%
- $12.05
- Slippage, 4 orders
- −$56.44
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$145.41
- Costs to cover
- 0.644%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 3 min ago; Lighter RH: live order book, 63 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 Polymarket Perps live order book, 3 min ago | 1.19 bp | 16.3 bp −$16 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 63 min ago | 9.22 bp | 23.2 bp −$23 | 29.6 bp −$296 | doesn't fit | doesn't fit |
CASHCAT on 22 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CASHCAT/USDC PERP | +0.0033% | 1h | 0.1735 | +3.496% | $8K | $18K | 5.5x | as long as short |
| Lighter CASHCAT | +0.0096% | 1h | 0.1677 | +0.042% | $1.1M | $1.5M | 3x | as long as short |
| Lighter RH CASHCATshort | +0.0096% | 1h | 0.1677 | +0.048% | $351K | $856K | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1677 | +0.054% | $46.2M | $18.7M | 3x | as long as short |
| Aster CASHCATUSDT | +0.0100% | 1h | 0.1677 | +0.019% | $545K | $839K | 10x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1680 | +0.221% | $12.8M | $17.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1678 | +0.101% | $104K | $303K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1674 | −0.131% | $1.5M | $1.6M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1678 | +0.089% | $8.8M | $539K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1676 | −0.024% | $625K | $2.3M | 10x | as long as short |
Injective CASHCAT/USDC PERP
Lighter CASHCAT
Hyperliquid CASHCAT
Aster CASHCATUSDT
Bybit CASHCATUSDT
Arcus CASHCAT-USD
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTMShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1671 | −0.327% | $1.1M | $1.3M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1678 | +0.078% | $76K | $63K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1676 | −0.033% | — | $1.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1676 | +0.006% | $503 | $987 | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1675 | −0.098% | $20K | $195K | 10x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1677 | +0.010% | $246K | $859K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0522% | 4h | 0.1679 | +0.155% | — | $1.1M | — | as long as short |
| Polymarket Perps CASHCAT-USDlong | +0.0539% | 1h | 0.1676 | long leg | $67K | $1.1M | 3x | |
| OKX CASHCAT-USDT-SWAP | +0.0607% | 4h | 0.1682 | +0.334% | $1.3M | $12.0M | 20x | as long as short |
| Nado CASHCAT-PERP | +0.0617% | 1h | 0.1674 | −0.143% | $249K | $185K | 5x | as long as short |
| edgeX CASHCATUSDC | +0.0819% | 4h | 0.1677 | +0.053% | $50K | $168K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0829% | 4h | 0.1678 | +0.095% | $53K | $713K | 20x | as long as short |
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Extended CASHCAT-USD
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
Nado CASHCAT-PERP
edgeX CASHCATUSDC
BloFin CASHCAT-USDT