CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.5096%/8h= −558.0% APRnext payment −$6.37 per $10,000 · paid last 24h −1.233%

Price spread now: Lighter against Injective−2.715%66s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 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 −$153 a day on $10k at the current rate, and Lighter is 2.715% cheaper against Injective than usual: you would sell low and buy high (−$271 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CASHCAT/USDC PERP	0.1617	0.5000	pay 0.0625% / 1h	38m 14s	$8K	$18K	5.5x
Short	Lighter CASHCAT	0.1573	−0.0096	pay 0.0012% / 1h	38m 14s	$1.1M	$1.9M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now −2.715%Rate

Funding earned: −$1,070.16
Price spread: −2.715% → 0.000%: −$271.49
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$1,341.67
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 3 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	1.28 bp	5.7 bp −$6	37.4 bp −$374	doesn't fit	doesn't fit

Injective: 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	0.1573	−2.715%	$1.1M	$1.9M	3x
Lighter RH CASHCAT	+0.0096%	1h	0.1575	−2.591%	$309K	$842K	3x	as long as short
Nado CASHCAT-PERP	+0.0100%	1h	0.1570	−2.876%	$212K	$203K	5x	as long as short
Hyperliquid CASHCAT	+0.0100%	1h	0.1575	−2.597%	$43.0M	$19.9M	3x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1574	−2.672%	$1.3M	$1.9M	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1573	−2.690%	$552K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1567	−3.101%	$1.1M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1571	−2.832%	$71K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1569	−2.991%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1574	−2.641%	$472	$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-USDT	+0.0100%	1h	0.1575	−2.602%	$17K	$336K	10x	as long as short
Bybit CASHCATUSDT	+0.0303%	4h	0.1577	−2.498%	$11.9M	$18.7M	10x	as long as short
MEXC CASHCAT_USDT	+0.0314%	4h	0.1576	−2.560%	$7.8M	$518K	20x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1575	−2.624%	$96K	$614K	5x	as long as short
edgeX CASHCATUSDC	+0.0570%	4h	0.1573	−2.738%	$47K	$169K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0576%	1h	0.1571	−2.863%	$63K	$1.3M	3x	as long as short
BingX CASHCAT-USDT	+0.0714%	4h	0.1577	−2.474%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0760%	4h	0.1578	−2.412%	$1.4M	$10.7M	20x	as long as short
BloFin CASHCAT-USDT	+0.0996%	4h	0.1567	−3.092%	$52K	$482K	20x	as long as short
Arcus CASHCAT-USD	+0.2181%	1h	0.1578	−2.425%	$95K	$253K	5x	as long as short
Aster CASHCATUSDT	+0.2572%	1h	0.1571	−2.837%	$522K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERPlong	+0.5000%	1h	0.1617	long leg	$8K	$18K	5.5x