Funding you earn now, next payment 22:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.026%
Price spread now: BloFin against Extended+0.018%94s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1831.827% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.018%, 7d avg +0.070%
=Together, before fees−0.051%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.052% cheaper against Extended than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.070%). If the spread goes back, that is −$5 on $10k: about 18 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.018% in total) that is about 21 days. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POPCAT-USD | 0.05510 | 0.0104 | pay 0.0013% / 1h | 23m 29s | $97K | $440K | 10x |
| Short | BloFin POPCAT-USDT | 0.05511 | 0.0340 | get 0.0170% / 4h | 2h 23m | $124K | $284K | 50x |
Extended POPCAT-USD
BloFin POPCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $49.56
- Price spread: +0.018% → +0.070%
- −$5.23
- Slippage, 4 orders
- −$165.7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$138.37
- Costs to cover
- 1.827%
- Break-even
- 26.5 days
Slippage from Extended: live order book, 64 min ago; BloFin: live order book, 60 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 Extended live order book, 64 min ago | 2.71 bp | 60.2 bp −$60 | 384.1 bp −$3,841 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 5.44 bp | 19.4 bp −$19 | 52.5 bp −$525 | 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 | −0.4569% | 1h | 0.05441 | −1.253% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.1066% | 1h | 0.05501 | −0.156% | $140K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05511 | +0.018% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05509 | −0.019% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05511 | +0.014% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05502 | −0.146% | $8.8M | $5.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05510 | 0.000% | $677K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05509 | −0.019% | $418K | $673K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05512 | +0.036% | $1.9M | $919K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05507 | −0.055% | $1.1M | $992K | 50x | as long as short |
Injective POPCAT/USDC PERP
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 POPCATUSDT | +0.0100% | 4h | 0.05500 | −0.182% | $1.2M | $884K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05506 | −0.073% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05506 | −0.067% | $502K | $174K | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05506 | −0.065% | $244K | $489K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05500 | −0.182% | $22K | $645K | 25x | as long as short |
| Extended POPCAT-USDlong | +0.0104% | 1h | 0.05510 | long leg | $97K | $440K | 10x | |
| BloFin POPCAT-USDTshort | +0.0340% | 4h | 0.05511 | +0.018% | $124K | $284K | 50x | |
| Hyperliquid POPCAT | +0.1423% | 1h | 0.05525 | +0.270% | $2.6M | $1.1M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
Variational Omni POPCAT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Hyperliquid POPCAT