Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.156%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.860% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.156%, 7d avg +0.163%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POPCATUSDT | 0.05753 | 0.0100 | pay 0.0050% / 4h | 42m 54s | $9.1M | $7.5M | 50x |
| Short | Binance POPCATUSDT | 0.05762 | 0.0100 | get 0.0050% / 4h | 42m 54s | $2.6M | $8.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- Price spread: +0.156% → +0.163%
- −$0.62
- Slippage, 4 orders
- −$64.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.6
- Costs to cover
- 0.860%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 11 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 Bybit live order book, 5 min ago | 3.47 bp | 19.0 bp −$19 | 45.6 bp −$456 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.49 bp | 22.2 bp −$22 | 71.3 bp −$713 | 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 | −0.5000% | 1h | 0.05683 | −1.217% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05763 | +0.174% | $1 | — | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0161% | 1h | 0.05744 | −0.158% | $154K | $158K | 20x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05759 | +0.104% | $102K | $59K | 10x | as long as short |
| Variational Omni POPCAT | +0.0096% | 4h | 0.05770 | +0.293% | $496K | $181K | — | as long as short |
| Binance POPCATUSDTshort | +0.0100% | 4h | 0.05762 | +0.156% | $2.6M | $8.0M | 50x | |
| Bybit POPCATUSDTlong | +0.0100% | 4h | 0.05753 | long leg | $9.1M | $7.5M | 50x | |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05758 | +0.087% | $700K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05760 | +0.122% | $442K | $545K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05764 | +0.191% | $1.9M | $1.1M | 200x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05768 | +0.261% | $1.1M | $1.0M | 50x | as long as short |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05764 | +0.191% | $1.2M | $1.0M | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05763 | +0.174% | — | $1.6M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05770 | +0.295% | $23K | $658K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05759 | +0.103% | $95K | $409K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0196% | 4h | 0.05776 | +0.399% | $251K | $515K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0335% | 1h | 0.05768 | +0.257% | $2.7M | $1.4M | 3x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05779 | +0.452% | $133K | $366K | 50x | as long as short |
Bybit POPCATUSDT
Binance POPCATUSDT
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Lighter POPCAT
Variational Omni POPCAT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDC
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
Hyperliquid POPCAT
BloFin POPCAT-USDT