Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against GRVT−0.107%73s7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as 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−$2212.207% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 3 days (all we have)−0.147%−$15 · spread now −0.107%, 7d avg −0.137%
=Together, before fees−0.295%+ Points / potential airdropGRVT: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.030% dearer against GRVT than usual: you sell high and buy low (spread −0.107% now, against its 7-day average of −0.137%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT POPCAT_USDT_Perp | 0.05631 | 0.0138 | pay 0.0069% / 4h | 8m 22s | $245K | $493K | 10x |
| Short | Bitget POPCATUSDT | 0.05625 | 0.0100 | get 0.0050% / 4h | 8m 22s | $1.2M | $920K | 50x |
GRVT POPCAT_USDT_Perp
Bitget POPCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- −$7.98
- Price spread: −0.107% → −0.137%
- $3.04
- Slippage, 4 orders
- −$199.7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$225.64
- Costs to cover
- 2.207%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; Bitget: live order book, 3 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 GRVT live order book, 4 min ago | 7.99 bp | 95.1 bp −$95 | 12085.9 bp −$120.9K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.12 bp | 31.8 bp −$32 | 121.6 bp −$1,216 | 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 | −0.4208% | 1h | 0.05563 | −1.208% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0966% | 1h | 0.05625 | −0.107% | $147K | $139K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05630 | −0.014% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05630 | −0.018% | $101K | $46K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05634 | +0.053% | $2.4M | $6.6M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05615 | −0.284% | $9.0M | $6.1M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05630 | −0.018% | $701K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05626 | −0.089% | $429K | $645K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05632 | +0.018% | $1.8M | $942K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05632 | +0.018% | $1.1M | $986K | 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 POPCATUSDTshort | +0.0100% | 4h | 0.05625 | −0.107% | $1.2M | $920K | 50x | |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05624 | −0.124% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05613 | −0.325% | $511K | $173K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05620 | −0.195% | $23K | $648K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05630 | −0.015% | $99K | $440K | 10x | as long as short |
| GRVT POPCAT_USDT_Perplong | +0.0138% | 4h | 0.05631 | long leg | $245K | $493K | 10x | |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05634 | +0.053% | $125K | $295K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0607% | 1h | 0.05643 | +0.215% | $2.6M | $1.0M | 3x | as long as short |
BingX POPCAT-USDC
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT