Funding you earn now, next payment 22:00 UTC−0.4669%/8h= −511.2% APRpaid last 24h −1.302%
Price spread now: Injective against Bitget−0.709%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−4.583%−$458 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 −$140 a day on $10k at the current rate, and Injective is 0.709% cheaper against Bitget than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | Bitget POPCATUSDT | 0.05497 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $1.2M | $884K | 50x |
| Short | Injective POPCAT/USDC PERP | 0.05458 | −0.4569 | pay 0.0571% / 1h | 50m 23s | $3K | $2K | 5.5x |
Bitget POPCATUSDT
Injective POPCAT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$980.44
- Price spread: −0.709% → 0.000%
- −$70.95
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,063.41
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 2.73 bp | 32.1 bp −$32 | 142.2 bp −$1,422 | doesn't fit | 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 | −0.4569% | 1h | 0.05458 | −0.709% | $3K | $2K | 5.5x | |
| Kraken Futures PF_POPCATUSD | −0.1068% | 1h | 0.05488 | −0.169% | $140K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05498 | +0.021% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05501 | +0.073% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05502 | +0.091% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05490 | −0.127% | $8.8M | $5.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05497 | 0.000% | $675K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05491 | −0.109% | $416K | $673K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05500 | +0.055% | $1.9M | $908K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05495 | −0.036% | $1.1M | $992K | 50x | as long as short |
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
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 POPCATUSDTlong | +0.0100% | 4h | 0.05497 | long leg | $1.2M | $884K | 50x | |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05494 | −0.055% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05486 | −0.200% | $503K | $174K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05500 | +0.055% | $22K | $640K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05500 | +0.047% | $97K | $440K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0138% | 4h | 0.05523 | +0.480% | $247K | $488K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05497 | 0.000% | $125K | $281K | 50x | as long as short |
| Hyperliquid POPCAT | +0.1991% | 1h | 0.05511 | +0.246% | $2.5M | $1.1M | 3x | as long as short |
BingX POPCAT-USDC
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT
Hyperliquid POPCAT