Funding you earn now, next payment 22:00 UTC−0.0328%/8h= −35.9% APRpaid last 24h −0.098%
Price spread now: Reya against Variational Omni+0.521%55s7-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 · Reya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Reya is 0.521% dearer against Variational Omni than usual: you sell high and buy low (spread +0.521% now, against zero (this spread has no 7-day history yet)): +$52 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5.3 days. The two prices were read 55 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 | Variational Omni POPCAT | 0.05484 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $502K | $174K | — |
| Short | Reya POPCATRUSDPERP | 0.05513 | −0.0228 | pay 0.0029% / 1h | 25m 36s | $1 | — | 10x |
Variational Omni POPCAT
Reya POPCATRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Variational Omni. 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: +0.521% → 0.000%
- $52.07
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$22.87
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Reya: 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 Variational Omni RFQ quote, 63 min ago | 8.13 bp | doesn't fit | 89.4 bp −$894 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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 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 PERP | −0.4569% | 1h | 0.05428 | −1.026% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.1064% | 1h | 0.05507 | +0.415% | $140K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERPshort | −0.0228% | 1h | 0.05513 | +0.521% | $1 | — | 10x | |
| Lighter POPCAT | +0.0096% | 1h | 0.05511 | +0.488% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05509 | +0.451% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05505 | +0.378% | $8.8M | $5.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05508 | +0.433% | $677K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05510 | +0.469% | $418K | $673K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05515 | +0.561% | $1.9M | $919K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05512 | +0.506% | $1.1M | $992K | 50x | as long as short |
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
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 | 0.05503 | +0.342% | $1.2M | $884K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05507 | +0.415% | — | $6.8M | — | as long as short |
| Variational Omni POPCATlong | +0.0100% | 4h | 0.05484 | long leg | $502K | $174K | — | |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05506 | +0.405% | $244K | $489K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05500 | +0.287% | $22K | $645K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05510 | +0.473% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05501 | +0.305% | $124K | $284K | 50x | as long as short |
| Hyperliquid POPCAT | +0.1428% | 1h | 0.05525 | +0.741% | $2.6M | $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