Funding arb · Price arb /

CASHCAT

all CASHCAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1180%/8h= +129.2% APRpaid last 24h +0.146%

Price spread now: Lighter RH against Gate+0.182%7-day average +0.160% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$177as in the Price arb table

costs, in and out, $10k−$1791.790% of the position

Long on Gate Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.588%+$59 on $10k

Price spread, last 4 days (all we have)+0.202%+$20 · spread now +0.182%, 7d avg +0.160%

Together, before fees+0.790%+ Points / potential airdropLighter RH: Points live · farm board+$79 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Lighter RH is 0.022% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.160%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.588% in total (about 30.7% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CASHCAT_USDT	0.1761	0.0100	pay 0.0050% / 4h	41m 03s	$1.5M	$1.9M	20x
Short	Lighter RH CASHCAT	0.1764	0.1280	get 0.0160% / 1h	41m 03s	$338K	$820K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee Lighter RHbpOrdersPrice spread, now +0.182%Rate

Funding earned: $247.8
Price spread: +0.182% → +0.160%: $2.17
Slippage, 4 orders: −$164.05
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $70.92
Costs to cover: 1.790%
Break-even: 5.0 days

Slippage from Gate: live order book, 2 min ago; Lighter RH: live order book, 36 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 Gate live order book, 2 min ago	6.82 bp	76.7 bp −$77	685.4 bp −$6,854	doesn't fit	doesn't fit
Sell Lighter RH live order book, 36 min ago	8.65 bp	8.7 bp −$9	83.6 bp −$836	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
Hyperliquid CASHCAT	+0.0100%	1h	0.1761	+0.034%	$49.7M	$18.5M	3x	as long as short
OKX CASHCAT-USDT-SWAP	+0.0100%	4h	0.1760	−0.034%	$1.1M	$10.7M	20x	as long as short
Gate CASHCAT_USDTlong	+0.0100%	4h	0.1761	long leg	$1.5M	$1.9M	20x
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1762	+0.057%	$596K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1762	+0.053%	$1.5M	$1.6M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1771	+0.585%	$80K	$72K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1763	+0.144%	—	$2.6M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1762	+0.062%	$529	$1K	3x	as long as short
HTX CASHCAT-USDT	+0.0100%	1h	0.1767	+0.392%	$19K	$394K	10x	as long as short
Nado CASHCAT-PERP	+0.0218%	1h	0.1760	−0.048%	$248K	$155K	5x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CASHCATUSDT	+0.0230%	4h	0.1762	+0.068%	$13.2M	$18.1M	10x	as long as short
MEXC CASHCAT_USDT	+0.0242%	4h	0.1762	+0.074%	$8.8M	$464K	20x	as long as short
BingX CASHCAT-USDT	+0.0268%	4h	0.1761	+0.023%	—	$1.0M	—	as long as short
BloFin CASHCAT-USDT	+0.0340%	4h	0.1765	+0.250%	$50K	$499K	20x	as long as short
Polymarket Perps CASHCAT-USD	+0.0396%	1h	0.1763	+0.153%	$66K	$1.2M	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1763	+0.142%	$103K	$469K	5x	as long as short
edgeX CASHCATUSDC	+0.0726%	4h	0.1764	+0.176%	$53K	$172K	5x	as long as short
Lighter RH CASHCATshort	+0.1280%	1h	0.1764	+0.182%	$338K	$820K	3x
Arcus CASHCAT-USD	+0.1786%	1h	0.1760	−0.021%	$121K	$217K	5x	as long as short
Lighter CASHCAT	+0.2112%	1h	0.1764	+0.204%	$1.3M	$1.9M	3x	as long as short
Aster CASHCATUSDT	+0.2992%	1h	0.1765	+0.235%	$579K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1850	+5.078%	$12K	$9K	5.5x	as long as short