Funding you earn now, next payment 08:00 UTC−0.0258%/8h= −28.2% APRnext payment −$1.29 per $10,000 · paid last 24h −0.058%
Price spread now: Variational Omni against BloFin−0.244%56s7-day average −0.151% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.244%, 7d avg −0.151%
=Together, before fees+0.099%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.094% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.151%). Swap the legs. The two prices were read 56 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 4 days it paid -0.067% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.29 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 | BloFin POPCAT-USDT | 0.05780 | 0.0340 | pay 0.0170% / 4h | 36m 12s | $133K | $366K | 50x |
| Short | Variational Omni POPCAT | 0.05766 | 0.0082 | get 0.0041% / 4h | 36m 12s | $496K | $181K | — |
BloFin POPCAT-USDT
Variational Omni POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$54.08
- Price spread: −0.244% → −0.151%
- −$9.37
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$75.45
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 44 min ago; Variational Omni: RFQ quote, 3 min ago. 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 BloFin live order book, 44 min ago | 11.26 bp | 29.8 bp −$30 | 65.3 bp −$653 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 7.80 bp | doesn't fit | 75.4 bp −$754 | 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 | 0.05683 | −1.678% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05761 | −0.327% | $1 | — | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0161% | 1h | 0.05750 | −0.522% | $154K | $158K | 20x | as long as short |
| Variational Omni POPCATshort | +0.0082% | 4h | 0.05766 | −0.244% | $496K | $181K | — | |
| Lighter POPCAT | +0.0096% | 1h | 0.05761 | −0.329% | $102K | $59K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05764 | −0.274% | $2.6M | $8.0M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05754 | −0.450% | $9.1M | $7.6M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05758 | −0.381% | $700K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05765 | −0.260% | $442K | $546K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05766 | −0.242% | $1.9M | $1.1M | 200x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Kraken Futures PF_POPCATUSD
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05769 | −0.190% | $1.1M | $1.0M | 50x | as long as short |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05767 | −0.225% | $1.2M | $1.0M | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05763 | −0.294% | — | $6.9M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05790 | +0.173% | $23K | $658K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05760 | −0.339% | $100K | $627K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0186% | 4h | 0.05785 | +0.087% | $252K | $515K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0284% | 1h | 0.05767 | −0.234% | $2.7M | $1.4M | 3x | as long as short |
| BloFin POPCAT-USDTlong | +0.0340% | 4h | 0.05780 | long leg | $133K | $366K | 50x |
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
Hyperliquid POPCAT