POPCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.091%

Price spread now: Lighter against BingX+0.087%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$910.909% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.418%+$42 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.087%, 7d avg +0.097%

Together, before fees+0.504%+ Points / potential airdropLighter: Season 3 · farm board+$50 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX POPCAT-USDT	0.05729	0.0100	pay 0.0050% / 4h	1h 37m	—	$6.8M	—
Short	Lighter POPCAT	0.05734	0.0096	get 0.0012% / 1h	37m 00s	$102K	$57K	10x

Funding history

latest

Range statsloading…

Lighter against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BingXbpFee LighterbpOrdersPrice spread, now +0.087%Rate

Slippage from BingX: live order book, 6 min ago; Lighter: live order book, 33 min ago.

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, 6 min ago	6.11 bp	26.8 bp −$27	68.8 bp −$688	612.2 bp −$61.2K	852.0 bp −$426.0K
Sell Lighter live order book, 33 min ago	18.39 bp	18.4 bp −$18	518.6 bp −$5,186	doesn't fit	doesn't fit

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	−0.4288%	1h	0.05642	−1.519%	$3K	$2K	5.5x	as long as short
Reya POPCATRUSDPERP	−0.0228%	1h	0.05742	+0.229%	$1	—	10x	as long as short
Variational Omni POPCAT	+0.0021%	4h	0.05716	−0.218%	$485K	$176K	—	as long as short
Lighter POPCATshort	+0.0096%	1h	0.05734	+0.087%	$102K	$57K	10x
Binance POPCATUSDT	+0.0100%	4h	0.05730	+0.017%	$2.5M	$7.8M	50x	as long as short
Bybit POPCATUSDT	+0.0100%	4h	0.05722	−0.122%	$9.0M	$7.2M	50x	as long as short
OKX POPCAT-USDT-SWAP	+0.0100%	4h	0.05730	+0.017%	$694K	$1.7M	20x	as long as short
Gate POPCAT_USDT	+0.0100%	4h	0.05726	−0.052%	$444K	$571K	50x	as long as short
MEXC POPCAT_USDT	+0.0100%	4h	0.05739	+0.175%	$1.9M	$1.0M	200x	as long as short
KuCoin POPCATUSDTM	+0.0100%	4h	0.05736	+0.122%	$1.1M	$1.0M	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	0.05732	+0.052%	$1.2M	$1.0M	50x	as long as short
BingX POPCAT-USDTlong	+0.0100%	4h	0.05729	long leg	—	$6.8M	—
ApeX Omni POPCATUSDT	+0.0100%	1h	0.05730	+0.017%	$22K	$656K	25x	as long as short
Extended POPCAT-USD	+0.0104%	1h	0.05730	+0.023%	$95K	$380K	10x	as long as short
GRVT POPCAT_USDT_Perp	+0.0230%	4h	0.05739	+0.175%	$249K	$511K	10x	as long as short
BloFin POPCAT-USDT	+0.0340%	4h	0.05735	+0.105%	$131K	$358K	50x	as long as short
Kraken Futures PF_POPCATUSD	+0.0392%	1h	0.05743	+0.236%	$152K	$155K	20x	as long as short
Hyperliquid POPCAT	+0.0575%	1h	0.05740	+0.189%	$2.7M	$1.4M	3x	as long as short