Funding you earn now, next payment 00:00 UTC−0.0515%/8h= −56.4% APRnext payment −$0.64 per $10,000 · paid last 24h −0.261%
Price spread now: ApeX Omni against Hyperliquid−0.246%7-day average −0.123% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.340%−$34 on $10k
+Price spread, last 3 days (all we have)+0.225%+$22 · spread now −0.246%, 7d avg −0.123%
=Together, before fees−0.116%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and ApeX Omni is 0.123% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.123%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.340% in total (about -17.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.64 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 | Hyperliquid POPCAT | 0.05644 | 0.0615 | pay 0.0077% / 1h | 7m 38s | $2.6M | $1.0M | 3x |
| Short | ApeX Omni POPCATUSDT | 0.05630 | 0.0100 | get 0.0013% / 1h | 7m 38s | $23K | $648K | 25x |
Hyperliquid POPCAT
ApeX Omni POPCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. 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
- −$108.22
- Price spread: −0.246% → −0.123%
- −$12.35
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$139.57
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; ApeX Omni: live order book, 5 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 Hyperliquid live order book, 3 min ago | 2.13 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 26.67 bp | 41.1 bp −$41 | 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 | −0.4208% | 1h | 0.05563 | −1.433% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0966% | 1h | 0.05625 | −0.336% | $147K | $139K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05630 | −0.243% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05627 | −0.299% | $101K | $46K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05626 | −0.311% | $2.4M | $6.6M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05615 | −0.512% | $9.0M | $6.1M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05625 | −0.335% | $701K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05626 | −0.317% | $429K | $645K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05632 | −0.211% | $1.8M | $942K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05631 | −0.229% | $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 POPCATUSDT | +0.0100% | 4h | 0.05623 | −0.370% | $1.2M | $920K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05624 | −0.353% | — | $6.8M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05613 | −0.553% | $511K | $173K | — | as long as short |
| ApeX Omni POPCATUSDTshort | +0.0100% | 1h | 0.05630 | −0.246% | $23K | $648K | 25x | |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05620 | −0.430% | $99K | $440K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0136% | 4h | 0.05634 | −0.177% | $245K | $493K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05634 | −0.175% | $125K | $295K | 50x | as long as short |
| Hyperliquid POPCATlong | +0.0615% | 1h | 0.05644 | long leg | $2.6M | $1.0M | 3x |
Bitget POPCATUSDT
BingX POPCAT-USDT
Variational Omni POPCAT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT