Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.091%
Price spread now: Lighter against ApeX Omni−0.070%108s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1341.341% of the position
Funding, last 7 days+0.420%+$42 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.070%, 7d avg +0.026%
=Together, before fees+0.437%+ Points / potential airdropLighter: Season 3 · farm board+$44 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.096% cheaper against ApeX Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.026%. The two prices were read 108 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 | ApeX Omni POPCATUSDT | 0.05730 | 0.0100 | pay 0.0013% / 1h | 43m 35s | $22K | $657K | 25x |
| Short | Lighter POPCAT | 0.05726 | 0.0096 | get 0.0012% / 1h | 43m 35s | $102K | $57K | 10x |
ApeX Omni POPCATUSDT
Lighter POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX 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
- −$0.84
- Price spread: −0.070% → +0.026%
- −$9.61
- Slippage, 4 orders
- −$124.12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$144.57
- Costs to cover
- 1.341%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 65 min ago; Lighter: live order book, 27 min ago.
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 ApeX Omni live order book, 65 min ago | 26.67 bp | 55.8 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 27 min ago | 18.39 bp | 18.4 bp −$18 | 518.6 bp −$5,186 | doesn't fit | doesn't fit |
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 | −0.4288% | 1h | 0.05642 | −1.536% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05733 | +0.058% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | +0.0010% | 4h | 0.05710 | −0.349% | $485K | $176K | — | as long as short |
| Lighter POPCATshort | +0.0096% | 1h | 0.05726 | −0.070% | $102K | $57K | 10x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05733 | +0.050% | $2.5M | $7.8M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05721 | −0.157% | $9.0M | $7.2M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05734 | +0.070% | $693K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05730 | 0.000% | $445K | $571K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05730 | 0.000% | $1.9M | $1.0M | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05732 | +0.035% | $1.1M | $1.0M | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni 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 | 0.05731 | +0.017% | $1.2M | $1.0M | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05719 | −0.192% | — | $1.6M | — | as long as short |
| ApeX Omni POPCATUSDTlong | +0.0100% | 1h | 0.05730 | long leg | $22K | $657K | 25x | |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05737 | +0.126% | $95K | $379K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0224% | 4h | 0.05741 | +0.192% | $249K | $511K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05712 | −0.314% | $131K | $356K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0393% | 1h | 0.05729 | −0.013% | $152K | $155K | 20x | as long as short |
| Hyperliquid POPCAT | +0.0484% | 1h | 0.05734 | +0.063% | $2.7M | $1.4M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT