Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Bybit+0.145%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$900.897% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.145%, 7d avg +0.156%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POPCATUSDT | 0.05506 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $8.8M | $5.8M | 50x |
| Short | MEXC POPCAT_USDT | 0.05514 | 0.0100 | get 0.0050% / 4h | 2h 20m | $1.9M | $920K | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.145% → +0.156%
- −$1.06
- Slippage, 4 orders
- −$74.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$90.71
- Costs to cover
- 0.897%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 6 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, 2 min ago | 0.91 bp | 29.9 bp −$30 | 111.5 bp −$1,115 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 5.44 bp | 14.6 bp −$15 | 60.5 bp −$605 | 127.0 bp −$12.7K | 261.9 bp −$131.0K |
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 | −0.4569% | 1h | 0.05454 | −0.944% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.1064% | 1h | 0.05508 | +0.032% | $140K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05514 | +0.141% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05515 | +0.163% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05516 | +0.182% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDTlong | +0.0100% | 4h | 0.05506 | long leg | $8.8M | $5.8M | 50x | |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05516 | +0.182% | $678K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05508 | +0.036% | $418K | $673K | 50x | as long as short |
| MEXC POPCAT_USDTshort | +0.0100% | 4h | 0.05514 | +0.145% | $1.9M | $920K | 200x | |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05514 | +0.145% | $1.1M | $992K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05506 | 0.000% | $1.2M | $884K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05513 | +0.127% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05506 | +0.006% | $502K | $174K | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05518 | +0.213% | $245K | $489K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05500 | −0.109% | $22K | $645K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05513 | +0.124% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05511 | +0.091% | $123K | $285K | 50x | as long as short |
| Hyperliquid POPCAT | +0.1412% | 1h | 0.05526 | +0.361% | $2.6M | $1.1M | 3x | as long as short |
Bybit POPCATUSDT
MEXC POPCAT_USDT
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Lighter POPCAT
Binance POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDC
Variational Omni POPCAT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT