Funding you earn now, next payment 08:00 UTC−0.0662%/8h= −72.5% APRpaid last 24h +0.057%
Price spread now: Lighter RH against OKX−0.018%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days+0.438%+$44 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.018%, 7d avg +0.007%
=Together, before fees+0.539%+ Points / potential airdropLighter RH: Points live · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Lighter RH is 0.026% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.438%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.438% in total (about 22.8% 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 | OKX CASHCAT-USDT-SWAP | 0.1651 | 0.0758 | pay 0.0379% / 4h | 35m 07s | $1.4M | $12.5M | 20x |
| Short | Lighter RH CASHCAT | 0.1651 | 0.0096 | get 0.0012% / 1h | 35m 07s | $353K | $958K | 3x |
OKX CASHCAT-USDT-SWAP
Lighter RH CASHCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against OKX. 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
- −$139.09
- Price spread: −0.018% → +0.007%
- −$2.55
- Slippage, 4 orders
- −$69.37
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$221.01
- Costs to cover
- 0.794%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Lighter RH: live order book, 2 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 OKX live order book, 3 min ago | 6.04 bp | 26.0 bp −$26 | 95.0 bp −$950 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 11.48 bp | 13.9 bp −$14 | 19.2 bp −$192 | 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 CASHCAT | +0.0096% | 1h | 0.1649 | −0.109% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCATshort | +0.0096% | 1h | 0.1651 | −0.018% | $353K | $958K | 3x | |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1652 | +0.073% | $45.4M | $20.5M | 3x | as long as short |
| Bybit CASHCATUSDT | +0.0100% | 4h | 0.1653 | +0.103% | $12.3M | $19.2M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.0100% | 1h | 0.1656 | +0.294% | $118K | $296K | 5x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1650 | −0.079% | $1.5M | $2.0M | 20x | as long as short |
| MEXC CASHCAT_USDT | +0.0100% | 4h | 0.1652 | +0.042% | $8.3M | $528K | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1649 | −0.139% | $576K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1652 | +0.053% | $1.1M | $1.8M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1660 | +0.563% | $75K | $60K | 50x | as long as short |
Lighter CASHCAT
Hyperliquid CASHCAT
Bybit CASHCATUSDT
Arcus CASHCAT-USD
Gate CASHCAT_USDT
MEXC CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1651 | +0.025% | — | $2.4M | 10x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1656 | +0.297% | $22K | $278K | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0132% | 1h | 0.1651 | 0.000% | $495 | $1K | 3x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1652 | +0.034% | $207K | $854K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0704% | 1h | 0.1651 | +0.012% | $65K | $1.3M | 3x | as long as short |
| OKX CASHCAT-USDT-SWAPlong | +0.0758% | 4h | 0.1651 | long leg | $1.4M | $12.5M | 20x | |
| BingX CASHCAT-USDT | +0.0762% | 4h | 0.1651 | 0.000% | — | $1.1M | — | as long as short |
| edgeX CASHCATUSDC | +0.0958% | 4h | 0.1657 | +0.344% | $50K | $168K | 5x | as long as short |
| BloFin CASHCAT-USDT | +0.1010% | 4h | 0.1652 | +0.061% | $52K | $564K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1205% | 1h | 0.1651 | +0.012% | $551K | $1.1M | 10x | as long as short |
| Nado CASHCAT-PERP | +0.1454% | 1h | 0.1647 | −0.270% | $244K | $216K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1685 | +2.059% | $8K | $18K | 5.5x | as long as short |
SunX CASHCAT-USDT
HTX CASHCAT-USDT
SoDEX CASHCAT-USD
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
BingX CASHCAT-USDT
edgeX CASHCATUSDC
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Nado CASHCAT-PERP
Injective CASHCAT/USDC PERP