Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.076%
Price spread now: Lighter against Extended+0.007%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.411%+$41 on $10k
+Price spread, last 4 days (all we have)+0.198%+$20 · spread now +0.007%, 7d avg +0.087%
=Together, before fees+0.609%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$61 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.079% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POPCAT-USD | 0.05774 | 0.0104 | pay 0.0013% / 1h | 11m 24s | $93K | $753K | 10x |
| Short | Lighter POPCAT | 0.05774 | 0.0096 | get 0.0012% / 1h | 11m 24s | $101K | $55K | 10x |
Extended POPCAT-USD
Lighter POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$1.68
- Price spread: +0.007% → +0.087%
- −$7.93
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.61
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 21 min ago; Lighter: no order-book sample. Net counts fees only.
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, 21 min ago | 3.54 bp | 92.7 bp −$93 | 479.4 bp −$4,794 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.4200% | 1h | 0.05670 | −1.794% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.1099% | 1h | 0.05763 | −0.190% | $155K | $145K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05762 | −0.200% | $1 | — | 10x | as long as short |
| Lighter POPCATshort | +0.0096% | 1h | 0.05774 | +0.007% | $101K | $55K | 10x | |
| Hyperliquid POPCAT | +0.0100% | 1h | 0.05781 | +0.121% | $2.7M | $1.4M | 3x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05785 | +0.198% | $2.6M | $7.8M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05764 | −0.166% | $9.2M | $7.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05778 | +0.076% | $698K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05770 | −0.062% | $436K | $514K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05781 | +0.128% | $1.9M | $1.1M | 200x | as long as short |
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
Hyperliquid POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05778 | +0.076% | $1.1M | $849K | 50x | as long as short |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05770 | −0.062% | $1.2M | $967K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05776 | +0.042% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05751 | −0.388% | $486K | $174K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05770 | −0.062% | $23K | $654K | 25x | as long as short |
| Extended POPCAT-USDlong | +0.0104% | 1h | 0.05774 | long leg | $93K | $753K | 10x | |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05773 | −0.010% | $130K | $336K | 50x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0538% | 4h | 0.05776 | +0.038% | $261K | $485K | 10x | as long as short |
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDC
Variational Omni POPCAT
ApeX Omni POPCATUSDT
BloFin POPCAT-USDT
GRVT POPCAT_USDT_Perp