Funding you earn now, next payment 01:00 UTC+0.1060%/8h= +116.1% APRnext payment +$1.32 per $10,000 · paid last 24h +0.136%
Price spread now: Lighter against HTX−0.271%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$548as in the Funding arb table
Net, price: spread back to 7d avg − costs−$639as in the Price arb table
costs, in and out, $10k−$6206.198% of the position
Funding, last 7 days+0.713%+$71 on $10k
+Price spread, last 3 days (all we have)−0.071%−$7 · spread now −0.271%, 7d avg −0.078%
=Together, before fees+0.643%+ Points / potential airdropLighter: Season 3 · farm board+$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.193% cheaper against HTX than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of −0.078%). If the spread goes back, that is −$19 on $10k: about 15 hours of funding at the current rate (+$32 a day). At the pace of the last 7 days (+0.713% in total) that is about 45 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.713% in total (about 37.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.32 per $10,000. 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 | HTX CASHCAT-USDT | 0.1691 | 0.0100 | pay 0.0013% / 1h | 48m 40s | $18K | $386K | 10x |
| Short | Lighter CASHCAT | 0.1686 | 0.1160 | get 0.0145% / 1h | 48m 40s | $1.2M | $1.9M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- $222.6
- Price spread: −0.271% → −0.078%
- −$19.25
- Slippage, 4 orders
- −$607.76
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$416.42
- Costs to cover
- 6.198%
- Break-even
- 20.1 days
Slippage from HTX: live order book, 25 min ago; Lighter: live order book, 3 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 HTX live order book, 25 min ago | 149.09 bp | 332.8 bp −$333 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 6.53 bp | 8.2 bp −$8 | 16.0 bp −$160 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1687 | −0.229% | $261K | $183K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1683 | −0.485% | $46.6M | $20.5M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0100% | 4h | 0.1687 | −0.229% | $1.2M | $10.8M | 20x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1687 | −0.212% | $1.4M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1686 | −0.295% | $593K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1685 | −0.328% | $1.4M | $1.5M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1685 | −0.336% | $76K | $72K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1688 | −0.170% | $67K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1685 | −0.337% | — | $2.6M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1688 | −0.158% | $506 | $1K | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CASHCAT-USDTlong | +0.0100% | 1h | 0.1691 | long leg | $18K | $386K | 10x | |
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1682 | −0.513% | $99K | $468K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.0340% | 4h | 0.1691 | +0.007% | $51K | $508K | 20x | as long as short |
| Lighter RH CASHCAT | +0.0424% | 1h | 0.1685 | −0.342% | $328K | $842K | 3x | as long as short |
| Lighter CASHCATshort | +0.1160% | 1h | 0.1686 | −0.271% | $1.2M | $1.9M | 3x | |
| Aster CASHCATUSDT | +0.1830% | 1h | 0.1686 | −0.279% | $555K | $1.1M | 10x | as long as short |
| BingX CASHCAT-USDT | +0.2264% | 4h | 0.1687 | −0.229% | — | $1.0M | — | as long as short |
| MEXC CASHCAT_USDT | +0.2280% | 4h | 0.1688 | −0.182% | $8.4M | $480K | 20x | as long as short |
| Bybit CASHCATUSDT | +0.2281% | 4h | 0.1685 | −0.354% | $12.8M | $18.7M | 10x | as long as short |
| edgeX CASHCATUSDC | +0.2477% | 4h | 0.1679 | −0.697% | $50K | $171K | 5x | as long as short |
| Arcus CASHCAT-USD | +0.3384% | 1h | 0.1685 | −0.359% | $116K | $220K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1699 | +0.480% | $8K | $12K | 5.5x | as long as short |
HTX CASHCAT-USDT
Lighter CASHCAT
Hyperliquid CASHCAT
OKX CASHCAT-USDT-SWAP
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
Extended CASHCAT-USD
BloFin CASHCAT-USDT
Lighter RH CASHCAT
Aster CASHCATUSDT
BingX CASHCAT-USDT
MEXC CASHCAT_USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC
Injective CASHCAT/USDC PERP