Funding you earn now, next payment 04:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.57 per $10,000 · paid last 24h −0.078%
Price spread now: Gate against GRVT+0.338%7-day average −0.184% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6,665as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6,589as in the Price arb table
costs, in and out, $10k−$6,64166.410% of the position
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 4 days (all we have)−0.751%−$75 · spread now +0.338%, 7d avg −0.184%
=Together, before fees−0.990%+ Points / potential airdropGRVT: Active · farm board−$99 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.522% dearer against GRVT than usual: you sell high and buy low (spread +0.338% now, against its 7-day average of −0.184%): +$52 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT POPCAT_USDT_Perp | 0.05650 | 0.0214 | pay 0.0107% / 4h | 28m 42s | $249K | $502K | 10x |
| Short | Gate POPCAT_USDT | 0.05669 | 0.0100 | get 0.0050% / 4h | 28m 42s | $448K | $636K | 50x |
GRVT POPCAT_USDT_Perp
Gate POPCAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$23.94
- Price spread: +0.338% → −0.184%
- $52.22
- Slippage, 4 orders
- −$6,616.96
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$6,612.68
- Costs to cover
- 66.410%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 29 min ago; Gate: live order book, 28 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, 29 min ago | 10.73 bp | 6409.2 bp −$6,409 | 154050.2 bp −$1.54M | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 10.68 bp | 83.5 bp −$84 | doesn't fit | 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 | −0.4247% | 1h | 0.05544 | −1.875% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05660 | +0.171% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0009% | 4h | 0.05639 | −0.193% | $508K | $163K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05655 | +0.090% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05655 | +0.091% | $2.4M | $7.0M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05647 | −0.052% | $8.9M | $6.4M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05657 | +0.125% | $701K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDTshort | +0.0100% | 4h | 0.05669 | +0.338% | $448K | $636K | 50x | |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05653 | +0.055% | $1.8M | $965K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05660 | +0.178% | $1.1M | $982K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
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 | 0.05661 | +0.196% | $1.2M | $938K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05660 | +0.178% | — | $6.8M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05620 | −0.530% | $22K | $652K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05653 | +0.056% | $96K | $525K | 10x | as long as short |
| GRVT POPCAT_USDT_Perplong | +0.0214% | 4h | 0.05650 | long leg | $249K | $502K | 10x | |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05657 | +0.125% | $125K | $329K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0573% | 1h | 0.05658 | +0.149% | $151K | $146K | 20x | as long as short |
| Hyperliquid POPCAT | +0.1155% | 1h | 0.05659 | +0.168% | $2.6M | $1.0M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT