Funding you earn now, next payment 05:00 UTC−0.0583%/8h= −63.8% APRnext payment −$0.73 per $10,000 · paid last 24h −0.051%
Price spread now: Lighter against Nado+0.037%47s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1161.163% of the position
Funding, last 3 days (all we have)−0.075%−$7 on $10k
+Price spread, last 4 days (all we have)−0.501%−$50 · spread now +0.037%, 7d avg +0.023%
=Together, before fees−0.576%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$58 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.075% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.73 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 | Nado CASHCAT-PERP | 0.1607 | 0.0679 | pay 0.0085% / 1h | 42m 40s | $217K | $188K | 5x |
| Short | Lighter CASHCAT | 0.1608 | 0.0096 | get 0.0012% / 1h | 42m 40s | $1.1M | $1.8M | 3x |
Nado CASHCAT-PERP
Lighter CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- −$122.45
- Price spread: +0.037% → +0.023%
- $1.39
- Slippage, 4 orders
- −$116.33
- Fee Nado: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$237.38
- Costs to cover
- 1.163%
- Break-even
- never at this rate
Slippage from Nado: live order book, 10 min ago; Lighter: live order book, 4 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 Nado live order book, 10 min ago | 21.16 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 5.91 bp | 5.9 bp −$6 | 26.9 bp −$269 | 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 CASHCATshort | +0.0096% | 1h | 0.1608 | +0.037% | $1.1M | $1.8M | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1609 | +0.149% | $44.0M | $19.9M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1607 | −0.025% | $12.0M | $18.8M | 10x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1604 | −0.168% | $1.4M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1607 | +0.025% | $8.0M | $518K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1608 | +0.087% | $559K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1609 | +0.101% | $1.0M | $1.7M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1610 | +0.156% | $73K | $64K | 50x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1611 | +0.235% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1618 | +0.691% | $18K | $322K | 10x | as long as short |
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
SunX CASHCAT-USDT
HTX CASHCAT-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CASHCAT-USD | +0.0105% | 1h | 0.1613 | +0.348% | $484 | $1K | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0256% | 4h | 0.1606 | −0.050% | $49K | $170K | 5x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1609 | +0.138% | $169K | $675K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0587% | 1h | 0.1610 | +0.180% | $66K | $1.3M | 3x | as long as short |
| Nado CASHCAT-PERPlong | +0.0679% | 1h | 0.1607 | long leg | $217K | $188K | 5x | |
| Lighter RH CASHCAT | +0.0824% | 1h | 0.1610 | +0.212% | $307K | $876K | 3x | as long as short |
| BingX CASHCAT-USDT | +0.0958% | 4h | 0.1605 | −0.124% | — | $1.0M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.0996% | 4h | 0.1605 | −0.124% | $1.5M | $11.1M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1296% | 4h | 0.1612 | +0.311% | $52K | $501K | 20x | as long as short |
| Arcus CASHCAT-USD | +0.2486% | 1h | 0.1607 | +0.002% | $97K | $264K | 5x | as long as short |
| Aster CASHCATUSDT | +0.3210% | 1h | 0.1608 | +0.087% | $537K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1631 | +1.493% | $8K | $18K | 5.5x | as long as short |
SoDEX CASHCAT-USD
edgeX CASHCATUSDC
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
Lighter RH CASHCAT
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Arcus CASHCAT-USD
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP