Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h +0.075%
Price spread now: Lighter against SoDEX−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.030% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CASHCAT-USD | 0.1653 | 0.0139 | pay 0.0017% / 1h | 32m 04s | $496 | $1K | 3x |
| Short | Lighter CASHCAT | 0.1652 | 0.0096 | get 0.0012% / 1h | 32m 04s | $1.1M | $1.8M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- −$8.93
- Price spread: −0.030% → 0.000%
- −$3.03
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$19.95
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 6.37 bp | 9.9 bp −$10 | 20.4 bp −$204 | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 CASHCATshort | +0.0096% | 1h | 0.1652 | −0.030% | $1.1M | $1.8M | 3x | |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1653 | +0.054% | $344K | $967K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1656 | +0.212% | $45.5M | $20.5M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1660 | +0.478% | $12.4M | $19.2M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1658 | +0.320% | $115K | $299K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1653 | +0.024% | $1.5M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1653 | +0.036% | $8.3M | $531K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1652 | −0.054% | $577K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1652 | −0.038% | $1.1M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1652 | −0.048% | $75K | $60K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1658 | +0.330% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1658 | +0.313% | $22K | $277K | 10x | as long as short |
| SoDEX CASHCAT-USDlong | +0.0139% | 1h | 0.1653 | long leg | $496 | $1K | 3x | |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1652 | −0.020% | $208K | $854K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0690% | 1h | 0.1654 | +0.085% | $65K | $1.3M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0746% | 4h | 0.1658 | +0.333% | $1.4M | $12.6M | 20x | as long as short |
| BingX CASHCAT-USDT | +0.0762% | 4h | 0.1658 | +0.333% | — | $1.1M | — | as long as short |
| edgeX CASHCATUSDC | +0.0958% | 4h | 0.1657 | +0.253% | $50K | $168K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0994% | 4h | 0.1665 | +0.756% | $53K | $577K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1284% | 1h | 0.1656 | +0.222% | $553K | $1.1M | 10x | as long as short |
| Nado CASHCAT-PERP | +0.1451% | 1h | 0.1650 | −0.151% | $244K | $216K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1685 | +1.967% | $8K | $18K | 5.5x | as long as short |
SoDEX CASHCAT-USD
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
HTX CASHCAT-USDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
OKX CASHCAT-USDT-SWAP
BingX CASHCAT-USDT
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP