Funding you earn now, next payment 02:00 UTC+0.0962%/8h= +105.3% APRpaid last 24h +0.269%
Price spread now: Hyperliquid against Bitget+0.356%7-day average +0.139% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.366%+$37 on $10k
+Price spread, last 7 days−0.127%−$13 · spread now +0.356%, 7d avg +0.139%
=Together, before fees+0.239%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Hyperliquid is 0.216% dearer against Bitget than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.139%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.366% in total (about 19.1% 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 | Bitget POPCATUSDT | 0.05594 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $1.2M | $940K | 50x |
| Short | Hyperliquid POPCAT | 0.05614 | 0.1062 | get 0.0133% / 1h | 10m 56s | $2.6M | $1.0M | 3x |
Bitget POPCATUSDT
Hyperliquid POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $201.97
- Price spread: +0.356% → +0.139%
- $21.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $202.6
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 5 min ago; Hyperliquid: live order book, 10 min ago. 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 Bitget live order book, 5 min ago | 7.19 bp | 38.4 bp −$38 | 152.1 bp −$1,521 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 2.60 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
POPCAT on 17 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 | −0.5000% | 1h | 0.05524 | −1.251% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05594 | −0.004% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0018% | 4h | 0.05583 | −0.196% | $506K | $161K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05602 | +0.143% | $101K | $52K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05599 | +0.089% | $2.3M | $6.8M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05594 | 0.000% | $8.8M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05604 | +0.179% | $692K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05602 | +0.143% | $448K | $639K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05600 | +0.107% | $1.8M | $976K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05594 | 0.000% | $1.1M | $991K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDTlong | +0.0100% | 4h | 0.05594 | long leg | $1.2M | $940K | 50x | |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05594 | 0.000% | — | $1.6M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05582 | −0.214% | $250K | $486K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05580 | −0.250% | $22K | $657K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05594 | +0.006% | $95K | $526K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0636% | 1h | 0.05600 | +0.110% | $150K | $149K | 20x | as long as short |
| Hyperliquid POPCATshort | +0.1062% | 1h | 0.05614 | +0.356% | $2.6M | $1.0M | 3x |
BingX POPCAT-USDC
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Kraken Futures PF_POPCATUSD