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

CASHCAT

all CASHCAT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.1804%/8h= +197.5% APRpaid last 24h +0.157%
Price spread now: Lighter against Variational Omni−0.708%7-day average −0.194% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.158%+$16 on $10k
Price spread, last 7 days+0.766%+$77 · spread now −0.708%, 7d avg −0.194%
Together, before fees+0.925%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.514% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.708% now, against its 7-day average of −0.194%). If the spread goes back, that is −$51 on $10k: about 23 hours of funding at the current rate (+$54 a day). At the pace of the last 3 days (+0.158% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.158% in total (about 18.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CASHCAT0.18180.0100pay 0.0050% / 4h3h 30m$1.5M$1.7M
ShortLighter CASHCAT0.18050.1904get 0.0238% / 1h30m 21s$1.3M$1.9M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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
$378.84
Price spread: −0.708% → −0.194%
−$51.41
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$327.43
Costs to cover
0.000%
Break-even
0.9 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Lighter: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago5.54 bpdoesn't fit110.9 bp −$1,109doesn't fitdoesn't fit
Sell Lighter live order book, 2 min ago8.52 bp71.6 bp −$72176.2 bp −$1,762doesn'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%1h0.1809−0.515%$51.7M$18.8M3xas long as short
OKX CASHCAT-USDT-SWAP+0.0100%4h0.1805−0.730%$1.0M$11.7M20xas long as short
Arcus CASHCAT-USD+0.0100%1h0.1818−0.023%$107K$187K5xas long as short
Gate CASHCAT_USDT+0.0100%4h0.1809−0.510%$1.5M$2.0M20xas long as short
KuCoin CASHCATUSDTM+0.0100%4h0.1809−0.510%$604K$2.4M10xas long as short
Variational Omni CASHCATlong+0.0100%4h0.1818long leg$1.5M$1.7M
ApeX Omni CASHCATUSDT+0.0100%1h0.1812−0.361%$82K$83K50xas long as short
SunX CASHCAT-USDT+0.0100%1h0.1804−0.808%$2.6M10xas long as short
SoDEX CASHCAT-USD+0.0100%1h0.1805−0.741%$541$1K3xas long as short
HTX CASHCAT-USDT+0.0100%1h0.1814−0.248%$19K$434K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado CASHCAT-PERP+0.0259%1h0.1807−0.620%$254K$152K5xas long as short
BloFin CASHCAT-USDT+0.0340%4h0.1819+0.040%$50K$555K20xas long as short
Polymarket Perps CASHCAT-USD+0.0341%1h0.1810−0.433%$69K$1.2M3xas long as short
Bybit CASHCATUSDT+0.0406%4h0.1803−0.818%$13.6M$18.6M10xas long as short
Extended CASHCAT-USD+0.0480%1h0.1806−0.649%$294K$284K5xas long as short
MEXC CASHCAT_USDT+0.0506%4h0.1811−0.383%$9.0M$487K20xas long as short
BingX CASHCAT-USDT+0.0787%4h0.1804−0.785%$1.1Mas long as short
Lighter RH CASHCAT+0.1184%1h0.1805−0.708%$346K$718K3xas long as short
edgeX CASHCATUSDC+0.1575%4h0.1810−0.473%$54K$171K5xas long as short
Aster CASHCATUSDT+0.1848%1h0.1812−0.328%$604K$1.2M10xas long as short
Lighter CASHCATshort+0.1904%1h0.1805−0.708%$1.3M$1.9M3x
Injective CASHCAT/USDC PERP+0.5000%1h0.1916+5.375%$13K$9K5.5xas long as short