Funding you earn now, next payment 10:00 UTC−0.3516%/8h= −385.0% APRpaid last 24h −1.347%
Price spread now: Injective against Bitget−1.699%71s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−5.106%−$511 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$105 a day on $10k at the current rate, and Injective is 1.699% cheaper against Bitget than usual: you would sell low and buy high (−$170 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 71 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 | Bitget POPCATUSDT | 0.05768 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $1.2M | $922K | 50x |
| Short | Injective POPCAT/USDC PERP | 0.05670 | −0.3416 | pay 0.0427% / 1h | 55m 59s | $3K | $2K | 5.5x |
Bitget POPCATUSDT
Injective POPCAT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$738.33
- Price spread: −1.699% → 0.000%
- −$169.9
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$920.26
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Injective: 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 Bitget live order book, 5 min ago | 6.07 bp | 35.7 bp −$36 | 249.5 bp −$2,495 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 PERPshort | −0.3416% | 1h | 0.05670 | −1.699% | $3K | $2K | 5.5x | |
| Kraken Futures PF_POPCATUSD | −0.1208% | 1h | 0.05765 | −0.051% | $155K | $144K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05767 | −0.023% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05768 | 0.000% | $98K | $54K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05771 | +0.055% | $2.6M | $7.7M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05756 | −0.208% | $9.3M | $7.2M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05760 | −0.139% | $695K | $1.6M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05770 | +0.035% | $435K | $498K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05773 | +0.087% | $1.9M | $1.0M | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05772 | +0.069% | $1.1M | $829K | 50x | as long as short |
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 | 0.05768 | long leg | $1.2M | $922K | 50x | |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05767 | −0.017% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05758 | −0.175% | $488K | $168K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05770 | +0.035% | $23K | $657K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05766 | −0.042% | $93K | $753K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05776 | +0.139% | $131K | $311K | 50x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0484% | 4h | 0.05782 | +0.243% | $261K | $477K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0768% | 1h | 0.05776 | +0.133% | $2.7M | $1.4M | 3x | as long as short |
BingX POPCAT-USDC
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
GRVT POPCAT_USDT_Perp
Hyperliquid POPCAT