Funding you earn now, next payment 08:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.93 per $10,000 · paid last 24h −0.008%
Price spread now: Variational Omni against Gate+0.072%7-day average −0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.072%, 7d avg −0.051%
=Together, before fees−0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.123% dearer against Gate than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.051%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 4 days (−0.008% in total) that is about 54 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.008% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 per $10,000. 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 | Gate POPCAT_USDT | 0.05590 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $443K | $635K | 50x |
| Short | Variational Omni POPCAT | 0.05594 | −0.0086 | pay 0.0043% / 4h | 2h 41m | $476K | $175K | — |
Gate POPCAT_USDT
Variational Omni POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- −$39.1
- Price spread: +0.072% → −0.051%
- $12.32
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$41.78
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; Variational Omni: RFQ quote, 7 min ago. 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 Gate live order book, 4 min ago | 6.24 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 7 min ago | 7.13 bp | doesn't fit | 90.9 bp −$909 | 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 | −0.4088% | 1h | 0.05563 | −0.483% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05589 | −0.018% | $1 | — | 10x | as long as short |
| Variational Omni POPCATshort | −0.0086% | 4h | 0.05594 | +0.072% | $476K | $175K | — | |
| Lighter POPCAT | +0.0096% | 1h | 0.05592 | +0.036% | $100K | $56K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05593 | +0.054% | $2.4M | $7.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05576 | −0.250% | $8.8M | $6.7M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05584 | −0.107% | $684K | $1.6M | 20x | as long as short |
| Gate POPCAT_USDTlong | +0.0100% | 4h | 0.05590 | long leg | $443K | $635K | 50x | |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05595 | +0.089% | $1.8M | $996K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05596 | +0.107% | $1.1M | $987K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
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 | 0.05588 | −0.036% | $1.2M | $950K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05582 | −0.143% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05612 | +0.394% | $249K | $502K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05620 | +0.537% | $22K | $654K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05588 | −0.030% | $96K | $405K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0179% | 1h | 0.05592 | +0.036% | $2.6M | $1.1M | 3x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05612 | +0.394% | $129K | $327K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0413% | 1h | 0.05593 | +0.058% | $149K | $146K | 20x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Hyperliquid POPCAT
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD