Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Bitget+0.073%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)−0.173%−$17 · spread now +0.073%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.041% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% 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 | Bitget POPCATUSDT | 0.05491 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $1.1M | $893K | 50x |
| Short | BloFin POPCAT-USDT | 0.05495 | 0.0340 | get 0.0170% / 4h | 1h 06m | $123K | $282K | 50x |
Bitget POPCATUSDT
BloFin POPCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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: +0.073% → +0.031%
- $4.13
- Slippage, 4 orders
- −$70.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.67
- Costs to cover
- 0.942%
- Break-even
- 12.5 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 5 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 Bitget live order book, 4 min ago | 3.64 bp | 32.0 bp −$32 | 108.3 bp −$1,083 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.82 bp | 23.2 bp −$23 | 51.2 bp −$512 | 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 | −0.3374% | 1h | 0.05443 | −0.874% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0931% | 1h | 0.05491 | +0.005% | $143K | $118K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05497 | +0.100% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05497 | +0.109% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05501 | +0.191% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05490 | −0.018% | $8.8M | $5.9M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05499 | +0.146% | $682K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05486 | −0.091% | $432K | $674K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05501 | +0.182% | $1.9M | $929K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05495 | +0.073% | $1.1M | $982K | 50x | as long as short |
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
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 POPCATUSDTlong | +0.0100% | 4h | 0.05491 | long leg | $1.1M | $893K | 50x | |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05493 | +0.036% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05478 | −0.232% | $504K | $174K | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05498 | +0.121% | $243K | $468K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05490 | −0.018% | $22K | $644K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05497 | +0.112% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDTshort | +0.0340% | 4h | 0.05495 | +0.073% | $123K | $282K | 50x | |
| Hyperliquid POPCAT | +0.0890% | 1h | 0.05507 | +0.291% | $2.5M | $1.1M | 3x | as long as short |
BingX POPCAT-USDC
Variational Omni POPCAT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Hyperliquid POPCAT