Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.124%
Price spread now: Lighter against ApeX Omni−0.159%108s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1271.268% of the position
Funding, last 7 days+0.420%+$42 on $10k
+Price spread, last 4 days (all we have)−0.230%−$23 · spread now −0.159%, 7d avg +0.012%
=Together, before fees+0.190%+ Points / potential airdropLighter: Season 3 · farm board+$19 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: Lighter is 0.171% cheaper against ApeX Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 108 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 | ApeX Omni POPCATUSDT | 0.05650 | 0.0100 | pay 0.0013% / 1h | 31m 41s | $22K | $651K | 25x |
| Short | Lighter POPCAT | 0.05641 | 0.0096 | get 0.0012% / 1h | 31m 41s | $101K | $51K | 10x |
ApeX Omni POPCATUSDT
Lighter POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.159% → +0.012%
- −$17.12
- Slippage, 4 orders
- −$116.79
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$144.75
- Costs to cover
- 1.268%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 31 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 ApeX Omni live order book, 31 min ago | 26.76 bp | 46.8 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 16.83 bp | 18.1 bp −$18 | 472.8 bp −$4,728 | 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 | −0.4257% | 1h | 0.05560 | −1.593% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05643 | −0.128% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0078% | 4h | 0.05610 | −0.701% | $507K | $161K | — | as long as short |
| Lighter POPCATshort | +0.0096% | 1h | 0.05641 | −0.159% | $101K | $51K | 10x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05644 | −0.104% | $2.4M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05635 | −0.265% | $8.9M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05640 | −0.177% | $696K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05641 | −0.159% | $446K | $637K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05645 | −0.088% | $1.8M | $956K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05648 | −0.035% | $1.1M | $987K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05643 | −0.124% | $1.2M | $938K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05644 | −0.106% | — | $1.6M | — | as long as short |
| ApeX Omni POPCATUSDTlong | +0.0100% | 1h | 0.05650 | long leg | $22K | $651K | 25x | |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05639 | −0.196% | $96K | $529K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0146% | 4h | 0.05652 | +0.031% | $252K | $495K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0294% | 1h | 0.05640 | −0.184% | $151K | $146K | 20x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05647 | −0.053% | $124K | $326K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0846% | 1h | 0.05654 | +0.076% | $2.6M | $997K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
Kraken Futures PF_POPCATUSD
BloFin POPCAT-USDT
Hyperliquid POPCAT