POPCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.145%

Price spread now: Lighter against OKX+0.089%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1221.217% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.420%+$42 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.089%, 7d avg +0.070%

Together, before fees+0.440%+ Points / potential airdropLighter: Season 3 · farm board+$44 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX POPCAT-USDT-SWAP	0.05629	0.0100	pay 0.0050% / 4h	3h 55m	$703K	$1.5M	20x
Short	Lighter POPCAT	0.05634	0.0096	get 0.0012% / 1h	55m 51s	$101K	$46K	10x

Funding history

latest

Range statsloading…

Lighter against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee OKXbpFee LighterbpOrdersPrice spread, now +0.089%Rate

Slippage from OKX: live order book, 1 min ago; Lighter: live order book, 55 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	4.44 bp	43.2 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 55 min ago	18.72 bp	18.7 bp −$19	506.6 bp −$5,066	doesn't fit	doesn't fit

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	−0.4945%	1h	0.05573	−0.995%	$3K	$2K	5.5x	as long as short
Kraken Futures PF_POPCATUSD	−0.0395%	1h	0.05630	+0.025%	$147K	$139K	20x	as long as short
Reya POPCATRUSDPERP	−0.0228%	1h	0.05629	−0.001%	$1	—	10x	as long as short
Lighter POPCATshort	+0.0096%	1h	0.05634	+0.089%	$101K	$46K	10x
Binance POPCATUSDT	+0.0100%	4h	0.05635	+0.114%	$2.3M	$6.7M	50x	as long as short
Bybit POPCATUSDT	+0.0100%	4h	0.05626	−0.053%	$9.0M	$6.1M	50x	as long as short
OKX POPCAT-USDT-SWAPlong	+0.0100%	4h	0.05629	long leg	$703K	$1.5M	20x
Gate POPCAT_USDT	+0.0100%	4h	0.05630	+0.018%	$430K	$629K	50x	as long as short
MEXC POPCAT_USDT	+0.0100%	4h	0.05637	+0.142%	$1.8M	$936K	200x	as long as short
KuCoin POPCATUSDTM	+0.0100%	4h	0.05631	+0.036%	$1.1M	$988K	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	0.05626	−0.053%	$1.2M	$930K	50x	as long as short
BingX POPCAT-USDC	+0.0100%	4h	0.05627	−0.036%	—	$1.6M	—	as long as short
Variational Omni POPCAT	+0.0100%	4h	0.05624	−0.085%	$510K	$171K	—	as long as short
ApeX Omni POPCATUSDT	+0.0100%	1h	0.05620	−0.160%	$23K	$649K	25x	as long as short
Extended POPCAT-USD	+0.0104%	1h	0.05634	+0.088%	$99K	$435K	10x	as long as short
GRVT POPCAT_USDT_Perp	+0.0124%	4h	0.05634	+0.081%	$245K	$493K	10x	as long as short
BloFin POPCAT-USDT	+0.0340%	4h	0.05632	+0.053%	$125K	$297K	50x	as long as short
Hyperliquid POPCAT	+0.0758%	1h	0.05644	+0.265%	$2.6M	$1.0M	3x	as long as short