Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.132%
Price spread now: Lighter against Bitget+0.018%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
Funding, last 7 days+0.420%+$42 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.018%, 7d avg +0.052%
=Together, before fees+0.526%+ Points / potential airdropLighter: Season 3 · farm board+$53 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 0.034% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POPCATUSDT | 0.05588 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $1.2M | $939K | 50x |
| Short | Lighter POPCAT | 0.05589 | 0.0096 | get 0.0012% / 1h | 40m 41s | $100K | $52K | 10x |
Bitget POPCATUSDT
Lighter POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.018% → +0.052%
- −$3.4
- Slippage, 4 orders
- −$105.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$121.9
- Costs to cover
- 1.177%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 65 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, 1 min ago | 7.15 bp | 38.8 bp −$39 | 154.0 bp −$1,540 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 65 min ago | 17.70 bp | 17.7 bp −$18 | 626.0 bp −$6,260 | 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 | −0.5000% | 1h | 0.05540 | −0.859% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05601 | +0.235% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | +0.0073% | 4h | 0.05592 | +0.074% | $507K | $162K | — | as long as short |
| Lighter POPCATshort | +0.0096% | 1h | 0.05589 | +0.018% | $100K | $52K | 10x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05595 | +0.125% | $2.3M | $6.8M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05578 | −0.179% | $8.8M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05584 | −0.072% | $689K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05590 | +0.036% | $448K | $628K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05603 | +0.268% | $1.8M | $963K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05603 | +0.268% | $1.1M | $992K | 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 POPCATUSDTlong | +0.0100% | 4h | 0.05588 | long leg | $1.2M | $939K | 50x | |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05595 | +0.125% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05649 | +1.092% | $247K | $485K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05630 | +0.752% | $22K | $657K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05593 | +0.092% | $95K | $525K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05654 | +1.181% | $125K | $301K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0636% | 1h | 0.05602 | +0.257% | $149K | $146K | 20x | as long as short |
| Hyperliquid POPCAT | +0.1268% | 1h | 0.05599 | +0.193% | $2.6M | $985K | 3x | as long as short |
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT