Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.149%
Price spread now: Lighter against Bitget+0.036%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$880.880% of the position
Funding, last 7 days+0.420%+$42 on $10k
+Price spread, last 4 days (all we have)+0.316%+$32 · spread now +0.036%, 7d avg +0.052%
=Together, before fees+0.736%+ Points / potential airdropLighter: Season 3 · farm board+$74 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POPCATUSDT | 0.05514 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.2M | $885K | 50x |
| Short | Lighter POPCAT | 0.05516 | 0.0096 | get 0.0012% / 1h | 43m 22s | $100K | $45K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.036% → +0.052%
- −$1.57
- Slippage, 4 orders
- −$75.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$90.4
- Costs to cover
- 0.880%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 29 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 Bitget live order book, 3 min ago | 6.36 bp | 31.1 bp −$31 | 112.3 bp −$1,123 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 29 min ago | 10.02 bp | 11.3 bp −$11 | 392.8 bp −$3,928 | 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 | −0.3374% | 1h | 0.05417 | −1.759% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0928% | 1h | 0.05507 | −0.124% | $141K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05521 | +0.124% | $1 | — | 10x | as long as short |
| Lighter POPCATshort | +0.0096% | 1h | 0.05516 | +0.036% | $100K | $45K | 10x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05522 | +0.145% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05509 | −0.091% | $8.8M | $5.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05518 | +0.073% | $679K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05510 | −0.073% | $418K | $649K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05523 | +0.163% | $1.9M | $920K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05518 | +0.073% | $1.1M | $996K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDTlong | +0.0100% | 4h | 0.05514 | long leg | $1.2M | $885K | 50x | |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05513 | −0.018% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05487 | −0.481% | $504K | $175K | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05518 | +0.074% | $245K | $480K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05500 | −0.254% | $22K | $646K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05519 | +0.098% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05503 | −0.199% | $123K | $284K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0813% | 1h | 0.05533 | +0.346% | $2.6M | $1.1M | 3x | as long as short |
Bitget POPCATUSDT
Lighter POPCAT
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTM
BingX POPCAT-USDC
Variational Omni POPCAT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT