CASHCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.121%

Price spread now: Hyperliquid against Lighter+0.225%7-day average +0.058% · you sell dearer than you buy

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

Long on Lighter Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.303%−$30 on $10k

Price spread, last 7 days−0.215%−$21 · spread now +0.225%, 7d avg +0.058%

Together, before fees−0.517%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$52 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.167% dearer against Lighter than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CASHCAT	0.1601	0.0096	pay 0.0012% / 1h	24m 58s	$1.1M	$1.9M	3x
Short	Hyperliquid CASHCAT	0.1605	0.0100	get 0.0013% / 1h	24m 58s	$43.9M	$19.9M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Lighter. 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 LighterbpFee HyperliquidbpOrdersPrice spread, now +0.225%Rate

Funding earned: $0.84
Price spread: +0.225% → +0.058%: $16.68
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $8.52
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Lighter: live order book, 2 min ago; Hyperliquid: live order book, 8 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 Lighter live order book, 2 min ago	4.06 bp	5.3 bp −$5	21.5 bp −$215	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 8 min ago	2.79 bp	doesn't fit	doesn't fit	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
Lighter CASHCATlong	+0.0096%	1h	0.1601	long leg	$1.1M	$1.9M	3x
Hyperliquid CASHCATshort	+0.0100%	1h	0.1605	+0.225%	$43.9M	$19.9M	3x
Bybit CASHCATUSDT	+0.0100%	4h	0.1606	+0.281%	$12.0M	$18.8M	10x	as long as short
Gate CASHCAT_USDT	+0.0100%	4h	0.1602	+0.050%	$1.4M	$2.0M	20x	as long as short
MEXC CASHCAT_USDT	+0.0100%	4h	0.1604	+0.169%	$8.0M	$520K	20x	as long as short
KuCoin CASHCATUSDTM	+0.0100%	4h	0.1604	+0.156%	$562K	$2.4M	10x	as long as short
Variational Omni CASHCAT	+0.0100%	4h	0.1608	+0.409%	$1.0M	$1.7M	—	as long as short
ApeX Omni CASHCATUSDT	+0.0100%	1h	0.1607	+0.337%	$73K	$64K	50x	as long as short
SunX CASHCAT-USDT	+0.0100%	1h	0.1605	+0.209%	—	$2.4M	10x	as long as short
SoDEX CASHCAT-USD	+0.0100%	1h	0.1604	+0.162%	$481	$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	0.1613	+0.718%	$18K	$319K	10x	as long as short
Lighter RH CASHCAT	+0.0384%	1h	0.1605	+0.219%	$314K	$901K	3x	as long as short
Extended CASHCAT-USD	+0.0480%	1h	0.1605	+0.215%	$168K	$673K	5x	as long as short
Nado CASHCAT-PERP	+0.0645%	1h	0.1601	+0.019%	$216K	$181K	5x	as long as short
Polymarket Perps CASHCAT-USD	+0.0779%	1h	0.1604	+0.194%	$66K	$1.3M	3x	as long as short
edgeX CASHCATUSDC	+0.0930%	4h	0.1610	+0.569%	$49K	$169K	5x	as long as short
BingX CASHCAT-USDT	+0.0932%	4h	0.1605	+0.237%	—	$1.0M	—	as long as short
OKX CASHCAT-USDT-SWAP	+0.0945%	4h	0.1606	+0.300%	$1.4M	$11.2M	20x	as long as short
BloFin CASHCAT-USDT	+0.1234%	4h	0.1604	+0.175%	$52K	$529K	20x	as long as short
Arcus CASHCAT-USD	+0.2486%	1h	0.1608	+0.414%	$97K	$265K	5x	as long as short
Aster CASHCATUSDT	+0.3604%	1h	0.1606	+0.275%	$536K	$1.1M	10x	as long as short
Injective CASHCAT/USDC PERP	+0.5000%	1h	0.1636	+2.173%	$8K	$18K	5.5x	as long as short