Funding you earn now, next payment 04:00 UTC−0.4347%/8h= −476.0% APRpaid last 24h −1.323%
Price spread now: Injective against BingX−1.338%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−4.823%−$482 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$130 a day on $10k at the current rate, and Injective is 1.338% cheaper against BingX than usual: you would sell low and buy high (−$134 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 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 | BingX POPCAT-USDC | 0.05605 | 0.0100 | pay 0.0050% / 4h | 52m 14s | — | $1.6M | — |
| Short | Injective POPCAT/USDC PERP | 0.05530 | −0.4247 | pay 0.0531% / 1h | 52m 14s | $3K | $2K | 5.5x |
BingX POPCAT-USDC
Injective POPCAT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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
- −$912.88
- Price spread: −1.338% → 0.000%
- −$133.81
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,056.71
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Injective: no order-book sample. 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 BingX live order book, 9 min ago | 13.38 bp | 71.6 bp −$72 | 197.1 bp −$1,971 | 384.5 bp −$38.5K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | −0.4247% | 1h | 0.05530 | −1.338% | $3K | $2K | 5.5x | |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05604 | −0.016% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0147% | 4h | 0.05601 | −0.070% | $505K | $163K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05602 | −0.054% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05604 | −0.018% | $2.3M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05594 | −0.196% | $8.8M | $6.4M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05603 | −0.036% | $695K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05607 | +0.036% | $444K | $634K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05604 | −0.018% | $1.8M | $958K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05605 | 0.000% | $1.1M | $982K | 50x | as long as short |
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter 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 | 0.05602 | −0.054% | $1.2M | $937K | 50x | as long as short |
| BingX POPCAT-USDClong | +0.0100% | 4h | 0.05605 | long leg | — | $1.6M | — | |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05597 | −0.138% | $247K | $493K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05590 | −0.268% | $22K | $651K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05602 | −0.054% | $95K | $530K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05629 | +0.428% | $126K | $326K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0579% | 1h | 0.05600 | −0.092% | $150K | $146K | 20x | as long as short |
| Hyperliquid POPCAT | +0.1479% | 1h | 0.05615 | +0.169% | $2.6M | $1.0M | 3x | as long as short |
Bitget POPCATUSDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT