Funding you earn now, next payment 11:00 UTC+0.0328%/8h= +35.9% APRpaid last 24h +0.139%
Price spread now: KuCoin against Reya−0.041%94s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. KuCoin is 0.041% cheaper against Reya than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$10 a day). The two prices were read 94 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 | Reya POPCATRUSDPERP | 0.05711 | −0.0228 | get 0.0029% / 1h | 49m 58s | $1 | — | 10x |
| Short | KuCoin POPCATUSDTM | 0.05709 | 0.0100 | get 0.0050% / 4h | 1h 49m | $1.1M | $799K | 50x |
Reya POPCATRUSDPERP
KuCoin POPCATUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Reya. 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
- $68.94
- Price spread: −0.041% → 0.000%
- −$4.14
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $46.8
- Costs to cover
- 0.180%
- Break-even
- 2.2 days
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 3 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 Reya no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 3 min ago | 10.49 bp | 187.7 bp −$188 | 823.9 bp −$8,239 | doesn't fit | doesn't fit |
Reya: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_POPCATUSD | −0.1170% | 1h | 0.05699 | −0.223% | $152K | $121K | 20x | as long as short |
| Reya POPCATRUSDPERPlong | −0.0228% | 1h | 0.05711 | long leg | $1 | — | 10x | |
| Variational Omni POPCAT | −0.0039% | 4h | 0.05702 | −0.163% | $485K | $140K | — | as long as short |
| Injective POPCAT/USDC PERP | +0.0033% | 1h | 0.05670 | −0.724% | $3K | $2K | 5.5x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05710 | −0.024% | $97K | $53K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05716 | +0.082% | $2.5M | $7.2M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05702 | −0.164% | $9.1M | $6.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05708 | −0.059% | $690K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05707 | −0.076% | $428K | $468K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05711 | −0.006% | $1.8M | $969K | 200x | as long as short |
Kraken Futures PF_POPCATUSD
Variational Omni POPCAT
Injective POPCAT/USDC PERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin POPCATUSDTMshort | +0.0100% | 4h | 0.05709 | −0.041% | $1.1M | $799K | 50x | |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05711 | −0.006% | $1.2M | $794K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05701 | −0.181% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05735 | +0.414% | $262K | $455K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05740 | +0.501% | $22K | $661K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05707 | −0.079% | $92K | $748K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05717 | +0.099% | $131K | $295K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0513% | 1h | 0.05719 | +0.137% | $2.7M | $1.3M | 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