Funding you earn now, next payment 03:00 UTC+0.4357%/8h= +477.1% APRpaid last 24h +1.319%
Price spread now: Gate against Injective+1.560%84s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+4.769%+$477 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 +$131 a day on $10k at the current rate, and Gate is 1.560% dearer against Injective than usual: you sell high and buy low: +$156 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 84 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 | 0.05514 | −0.4257 | get 0.0532% / 1h | 43m 54s | $3K | $2K | 5.5x |
| Short | Gate POPCAT_USDT | 0.05600 | 0.0100 | get 0.0050% / 4h | 1h 43m | $447K | $635K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $914.98
- Price spread: +1.560% → 0.000%
- $155.97
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $1,055.92
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 18 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 Gate live order book, 18 min ago | 9.82 bp | 93.5 bp −$94 | doesn't fit | 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 | −0.4257% | 1h | 0.05514 | long leg | $3K | $2K | 5.5x | |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05597 | +1.511% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0055% | 4h | 0.05570 | +1.007% | $504K | $161K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05598 | +1.523% | $100K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05606 | +1.665% | $2.3M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05596 | +1.487% | $8.8M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05606 | +1.668% | $691K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDTshort | +0.0100% | 4h | 0.05600 | +1.560% | $447K | $635K | 50x | |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05606 | +1.668% | $1.8M | $952K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05596 | +1.487% | $1.1M | $985K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05606 | +1.668% | $1.2M | $936K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05603 | +1.614% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05580 | +1.196% | $249K | $495K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05570 | +1.016% | $22K | $653K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05601 | +1.569% | $95K | $529K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0296% | 1h | 0.05597 | +1.514% | $150K | $146K | 20x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05596 | +1.487% | $124K | $317K | 50x | as long as short |
| Hyperliquid POPCAT | +0.1122% | 1h | 0.05610 | +1.743% | $2.6M | $997K | 3x | as long as short |
Injective POPCAT/USDC PERP
Gate POPCAT_USDT
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
MEXC POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Kraken Futures PF_POPCATUSD
BloFin POPCAT-USDT
Hyperliquid POPCAT