Funding you earn now, next payment 06:00 UTC−0.4188%/8h= −458.6% APRpaid last 24h −1.334%
Price spread now: Injective against MEXC−2.506%115s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−4.939%−$494 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$126 a day on $10k at the current rate, and Injective is 2.506% cheaper against MEXC than usual: you would sell low and buy high (−$251 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 115 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 | MEXC POPCAT_USDT | 0.05667 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $1.8M | $1.0M | 200x |
| Short | Injective POPCAT/USDC PERP | 0.05525 | −0.4088 | pay 0.0511% / 1h | 15m 22s | $3K | $2K | 5.5x |
MEXC POPCAT_USDT
Injective POPCAT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$879.58
- Price spread: −2.506% → 0.000%
- −$250.57
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,134.17
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; Injective: no order-book sample. 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 MEXC live order book, 1 min ago | 4.41 bp | 15.8 bp −$16 | 70.8 bp −$708 | 139.8 bp −$14.0K | 262.9 bp −$131.4K |
| Sell Injective no order-book sample | — | — | — | — | — |
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 PERPshort | −0.4088% | 1h | 0.05525 | −2.506% | $3K | $2K | 5.5x | |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05667 | −0.007% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0032% | 4h | 0.05661 | −0.105% | $481K | $175K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05669 | +0.035% | $101K | $57K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05672 | +0.085% | $2.5M | $7.6M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05663 | −0.071% | $8.9M | $6.9M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05662 | −0.088% | $689K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05669 | +0.035% | $443K | $649K | 50x | as long as short |
| MEXC POPCAT_USDTlong | +0.0100% | 4h | 0.05667 | long leg | $1.8M | $1.0M | 200x | |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05667 | 0.000% | $1.1M | $1.0M | 50x | as long as short |
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate 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 | 0.05664 | −0.053% | $1.2M | $978K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05663 | −0.071% | — | $1.6M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05623 | −0.776% | $254K | $500K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05650 | −0.300% | $22K | $654K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05670 | +0.061% | $97K | $414K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0205% | 1h | 0.05676 | +0.166% | $2.6M | $1.4M | 3x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05645 | −0.388% | $126K | $340K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0407% | 1h | 0.05668 | +0.019% | $150K | $155K | 20x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Hyperliquid POPCAT
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD