Funding you earn now, next payment 00:00 UTC+0.4308%/8h= +471.7% APRpaid last 24h +1.298%
Price spread now: Binance against Injective+1.097%107s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+4.592%+$459 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$129 a day on $10k at the current rate, and Binance is 1.097% dearer against Injective than usual: you sell high and buy low: +$110 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 107 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 | Injective POPCAT/USDC PERP | 0.05563 | −0.4208 | get 0.0526% / 1h | 3m 28s | $3K | $2K | 5.5x |
| Short | Binance POPCATUSDT | 0.05624 | 0.0100 | get 0.0050% / 4h | 3m 28s | $2.3M | $6.6M | 50x |
Injective POPCAT/USDC PERP
Binance POPCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $904.7
- Price spread: +1.097% → 0.000%
- $109.65
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $1,004.34
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 2.66 bp | 23.9 bp −$24 | 80.0 bp −$800 | doesn't fit | doesn't fit |
Injective: 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 PERPlong | −0.4208% | 1h | 0.05563 | long leg | $3K | $2K | 5.5x | |
| Kraken Futures PF_POPCATUSD | −0.0967% | 1h | 0.05622 | +1.053% | $147K | $139K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05620 | +1.019% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05623 | +1.079% | $101K | $46K | 10x | as long as short |
| Binance POPCATUSDTshort | +0.0100% | 4h | 0.05624 | +1.097% | $2.3M | $6.6M | 50x | |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05612 | +0.881% | $8.9M | $6.1M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05620 | +1.025% | $700K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05620 | +1.025% | $429K | $645K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05625 | +1.115% | $1.8M | $942K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05621 | +1.043% | $1.1M | $986K | 50x | as long as short |
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
Lighter POPCAT
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 | 0.05618 | +0.989% | $1.2M | $926K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05618 | +0.989% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05602 | +0.705% | $510K | $172K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05620 | +1.025% | $23K | $649K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05620 | +1.028% | $99K | $440K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0132% | 4h | 0.05630 | +1.205% | $245K | $493K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05621 | +1.043% | $125K | $294K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0651% | 1h | 0.05633 | +1.262% | $2.6M | $1.0M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT
Hyperliquid POPCAT