Funding you earn now, next payment 00:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h +0.117%
Price spread now: Lighter against BloFin−0.426%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days+0.393%+$39 on $10k
+Price spread, last 3 days (all we have)+0.521%+$52 · spread now −0.426%, 7d avg +0.013%
=Together, before fees+0.914%+ Points / potential airdropLighter: Season 3 · farm board+$91 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Lighter is 0.439% cheaper against BloFin than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.393%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin POPCAT-USDT | 0.05634 | 0.0340 | pay 0.0170% / 4h | 46m 57s | $123K | $290K | 50x |
| Short | Lighter POPCAT | 0.05610 | 0.0096 | get 0.0012% / 1h | 46m 57s | $101K | $46K | 10x |
BloFin POPCAT-USDT
Lighter POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$51.24
- Price spread: −0.426% → +0.013%
- −$43.9
- Slippage, 4 orders
- −$69.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$176.8
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; Lighter: live order book, 4 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 BloFin live order book, 25 min ago | 1.82 bp | 21.0 bp −$21 | 57.0 bp −$570 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 18.72 bp | 18.7 bp −$19 | 506.6 bp −$5,066 | 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 | −0.4208% | 1h | 0.05558 | −1.349% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0971% | 1h | 0.05600 | −0.606% | $148K | $118K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05611 | −0.403% | $1 | — | 10x | as long as short |
| Lighter POPCATshort | +0.0096% | 1h | 0.05610 | −0.426% | $101K | $46K | 10x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05619 | −0.259% | $2.4M | $6.4M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05604 | −0.532% | $8.9M | $5.9M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05618 | −0.284% | $701K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05620 | −0.248% | $429K | $634K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05614 | −0.355% | $1.9M | $926K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05611 | −0.408% | $1.1M | $979K | 50x | as long as short |
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
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 | 0.05605 | −0.515% | $1.2M | $885K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05601 | −0.586% | — | $6.8M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05550 | −1.494% | $510K | $175K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05570 | −1.136% | $23K | $647K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05612 | −0.387% | $99K | $440K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0232% | 4h | 0.05643 | +0.161% | $254K | $482K | 10x | as long as short |
| BloFin POPCAT-USDTlong | +0.0340% | 4h | 0.05634 | long leg | $123K | $290K | 50x | |
| Hyperliquid POPCAT | +0.0603% | 1h | 0.05618 | −0.284% | $2.6M | $1.0M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
Hyperliquid POPCAT