Funding you earn now, next payment 22:00 UTC+0.4669%/8h= +511.2% APRpaid last 24h +1.302%
Price spread now: Variational Omni against Injective+0.964%61s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$140 a day on $10k at the current rate, and Variational Omni is 0.964% dearer against Injective than usual: you sell high and buy low: +$96 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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 | 0.05428 | −0.4569 | get 0.0571% / 1h | 34m 17s | $3K | $2K | 5.5x |
| Short | Variational Omni POPCAT | 0.05480 | 0.0100 | get 0.0050% / 4h | 2h 34m | $501K | $174K | — |
Injective POPCAT/USDC PERP
Variational Omni POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $980.44
- Price spread: +0.964% → 0.000%
- $96.37
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $1,076.79
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 54 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 Variational Omni RFQ quote, 54 min ago | 8.13 bp | doesn't fit | 91.2 bp −$912 | 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 | −0.4569% | 1h | 0.05428 | long leg | $3K | $2K | 5.5x | |
| Kraken Futures PF_POPCATUSD | −0.1068% | 1h | 0.05490 | +1.144% | $140K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05495 | +1.230% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05494 | +1.216% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05500 | +1.319% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05488 | +1.105% | $8.8M | $5.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05496 | +1.253% | $676K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05490 | +1.142% | $416K | $673K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05498 | +1.290% | $1.9M | $912K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05491 | +1.161% | $1.1M | $992K | 50x | as long as short |
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 | 0.05494 | +1.216% | $1.2M | $884K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05492 | +1.179% | — | $6.8M | — | as long as short |
| Variational Omni POPCATshort | +0.0100% | 4h | 0.05480 | +0.964% | $501K | $174K | — | |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05495 | +1.234% | $244K | $501K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05490 | +1.142% | $22K | $642K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05494 | +1.214% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05479 | +0.940% | $124K | $281K | 50x | as long as short |
| Hyperliquid POPCAT | +0.1433% | 1h | 0.05509 | +1.494% | $2.5M | $1.1M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT