POPCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0390%/8h= +42.7% APRnext payment +$0.49 per $10,000 · paid last 24h +0.261%

Price spread now: Hyperliquid against ApeX Omni+0.093%7-day average +0.123% · you sell dearer than you buy

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

Long on ApeX Omni Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.340%+$34 on $10k

Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.093%, 7d avg +0.123%

Together, before fees+0.269%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.029% cheaper against ApeX Omni than usual: you would sell low and buy high (spread +0.093% now, against its 7-day average of +0.123%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.340% in total) that is about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni POPCATUSDT	0.05670	0.0100	pay 0.0013% / 1h	30m 42s	$23K	$646K	25x
Short	Hyperliquid POPCAT	0.05675	0.0490	get 0.0061% / 1h	30m 42s	$2.6M	$1.0M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against ApeX Omni. 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 ApeX OmnibpFee HyperliquidbpOrdersPrice spread, now +0.093%Rate

Funding earned: $81.85
Price spread: +0.093% → +0.123%: −$2.93
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $59.92
Costs to cover: 0.190%
Break-even: 1.9 days

Slippage unknown: ApeX Omni: live order book, 47 min ago; Hyperliquid: live order book, just now. 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 ApeX Omni live order book, 47 min ago	18.18 bp	38.6 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, just now	3.79 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

POPCAT on 18 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
Injective POPCAT/USDC PERP	−0.4208%	1h	0.05563	−1.887%	$3K	$2K	5.5x	as long as short
Kraken Futures PF_POPCATUSD	−0.0960%	1h	0.05665	−0.093%	$148K	$139K	20x	as long as short
Reya POPCATRUSDPERP	−0.0228%	1h	0.05664	−0.109%	$1	—	10x	as long as short
Lighter POPCAT	+0.0096%	1h	0.05659	−0.194%	$102K	$46K	10x	as long as short
Binance POPCATUSDT	+0.0100%	4h	0.05659	−0.194%	$2.4M	$6.6M	50x	as long as short
Bybit POPCATUSDT	+0.0100%	4h	0.05651	−0.335%	$9.0M	$6.1M	50x	as long as short
OKX POPCAT-USDT-SWAP	+0.0100%	4h	0.05665	−0.088%	$708K	$1.5M	20x	as long as short
Gate POPCAT_USDT	+0.0100%	4h	0.05656	−0.247%	$432K	$644K	50x	as long as short
MEXC POPCAT_USDT	+0.0100%	4h	0.05669	−0.018%	$1.9M	$935K	200x	as long as short
KuCoin POPCATUSDTM	+0.0100%	4h	0.05657	−0.229%	$1.1M	$988K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget POPCATUSDT	+0.0100%	4h	0.05660	−0.176%	$1.2M	$915K	50x	as long as short
BingX POPCAT-USDC	+0.0100%	4h	0.05660	−0.176%	—	$1.6M	—	as long as short
Variational Omni POPCAT	+0.0100%	4h	0.05652	−0.311%	$514K	$178K	—	as long as short
ApeX Omni POPCATUSDTlong	+0.0100%	1h	0.05670	long leg	$23K	$646K	25x
Extended POPCAT-USD	+0.0104%	1h	0.05664	−0.114%	$100K	$440K	10x	as long as short
GRVT POPCAT_USDT_Perp	+0.0182%	4h	0.05681	+0.189%	$258K	$494K	10x	as long as short
BloFin POPCAT-USDT	+0.0340%	4h	0.05684	+0.247%	$126K	$297K	50x	as long as short
Hyperliquid POPCATshort	+0.0490%	1h	0.05675	+0.093%	$2.6M	$1.0M	3x