Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against BingX+0.018%51s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as 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−$940.939% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POPCAT-USDT | 0.05642 | 0.0100 | pay 0.0050% / 4h | 1h 30m | — | $6.8M | — |
| Short | BloFin POPCAT-USDT | 0.05643 | 0.0340 | get 0.0170% / 4h | 1h 30m | $124K | $326K | 50x |
BingX POPCAT-USDT
BloFin POPCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $50.4
- Price spread: +0.018% → 0.000%
- $1.77
- Slippage, 4 orders
- −$71.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$41.71
- Costs to cover
- 0.939%
- Break-even
- 12.8 days
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 10 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 BingX live order book, 7 min ago | 5.34 bp | 25.0 bp −$25 | 69.0 bp −$690 | 533.0 bp −$53.3K | 717.0 bp −$358.5K |
| Sell BloFin live order book, 10 min ago | 3.56 bp | 21.9 bp −$22 | 60.4 bp −$604 | 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 | −0.4257% | 1h | 0.05560 | −1.453% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05642 | 0.000% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0120% | 4h | 0.05631 | −0.198% | $510K | $162K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05643 | +0.018% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05646 | +0.071% | $2.4M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05632 | −0.177% | $8.9M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05643 | +0.018% | $696K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05641 | −0.018% | $446K | $637K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05644 | +0.035% | $1.8M | $957K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05641 | −0.018% | $1.1M | $987K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
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 | 0.05643 | +0.018% | $1.2M | $938K | 50x | as long as short |
| BingX POPCAT-USDTlong | +0.0100% | 4h | 0.05642 | long leg | — | $6.8M | — | |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05650 | +0.142% | $22K | $651K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05641 | −0.019% | $96K | $529K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0146% | 4h | 0.05647 | +0.084% | $252K | $495K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0293% | 1h | 0.05641 | −0.024% | $151K | $146K | 20x | as long as short |
| BloFin POPCAT-USDTshort | +0.0340% | 4h | 0.05643 | +0.018% | $124K | $326K | 50x | |
| Hyperliquid POPCAT | +0.0829% | 1h | 0.05657 | +0.262% | $2.6M | $997K | 3x | as long as short |
Bitget POPCATUSDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT