Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.129%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1841.835% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.129%, 7d avg −0.081%
=Together, before fees+0.116%+ Points / potential airdropExtended: Active · farm board+$12 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: Bybit is 0.048% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POPCAT-USD | 0.05633 | 0.0104 | pay 0.0013% / 1h | 8m 10s | $96K | $526K | 10x |
| Short | Bybit POPCATUSDT | 0.05626 | 0.0100 | get 0.0050% / 4h | 1h 08m | $8.8M | $6.4M | 50x |
Extended POPCAT-USD
Bybit POPCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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: −0.129% → −0.081%
- −$4.76
- Slippage, 4 orders
- −$167.52
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$189.12
- Costs to cover
- 1.835%
- Break-even
- never at this rate
Slippage from Extended: live order book, 55 min ago; Bybit: 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 Extended live order book, 55 min ago | 2.68 bp | 67.3 bp −$67 | 415.3 bp −$4,153 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.43 bp | 23.0 bp −$23 | 182.1 bp −$1,821 | 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 | 0.05587 | −0.821% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05634 | +0.009% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0099% | 4h | 0.05619 | −0.246% | $508K | $163K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05638 | +0.084% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05639 | +0.107% | $2.4M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDTshort | +0.0100% | 4h | 0.05626 | −0.129% | $8.8M | $6.4M | 50x | |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05630 | −0.058% | $697K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05639 | +0.102% | $444K | $639K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05641 | +0.138% | $1.8M | $959K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05638 | +0.084% | $1.1M | $985K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Binance 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 | 0.05639 | +0.102% | $1.2M | $936K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05644 | +0.191% | — | $1.6M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05660 | +0.475% | $22K | $649K | 25x | as long as short |
| Extended POPCAT-USDlong | +0.0104% | 1h | 0.05633 | long leg | $96K | $526K | 10x | |
| GRVT POPCAT_USDT_Perp | +0.0134% | 4h | 0.05651 | +0.319% | $250K | $493K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0294% | 1h | 0.05634 | +0.018% | $151K | $147K | 20x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05641 | +0.138% | $125K | $326K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0866% | 1h | 0.05650 | +0.306% | $2.6M | $996K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
ApeX Omni POPCATUSDT
GRVT POPCAT_USDT_Perp
Kraken Futures PF_POPCATUSD
BloFin POPCAT-USDT
Hyperliquid POPCAT