Funding you earn now, next payment 06:00 UTC+0.0301%/8h= +32.9% APRnext payment +$0.38 per $10,000 · paid last 24h −0.089%
Price spread now: Kraken Futures against Extended+0.012%7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$317as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2662.664% of the position
Funding, last 7 days−0.510%−$51 on $10k
+Price spread, last 4 days (all we have)−0.949%−$95 · spread now +0.012%, 7d avg −0.108%
=Together, before fees−1.458%+ Points / potential airdropExtended: Active · farm board−$146 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.120% dearer against Extended than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.108%. Mind the row above: over the last 7 days funding on this pair cost −0.510%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended POPCAT-USD | 0.05702 | 0.0104 | pay 0.0013% / 1h | 10m 48s | $97K | $394K | 10x |
| Short | Kraken Futures PF_POPCATUSD | 0.05703 | 0.0405 | get 0.0051% / 1h | 10m 48s | $151K | $155K | 20x |
Extended POPCAT-USD
Kraken Futures PF_POPCATUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $63.13
- Price spread: +0.012% → −0.108%
- $11.98
- Slippage, 4 orders
- −$251.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$191.28
- Costs to cover
- 2.664%
- Break-even
- 28.2 days
Slippage from Extended: live order book, 37 min ago; Kraken Futures: live order book, 37 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, 37 min ago | 2.67 bp | 79.3 bp −$79 | 419.7 bp −$4,197 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 37 min ago | 25.84 bp | 67.8 bp −$68 | doesn't fit | 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 | −0.4088% | 1h | 0.05595 | −1.883% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05702 | −0.005% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0007% | 4h | 0.05693 | −0.164% | $484K | $175K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05705 | +0.046% | $101K | $57K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05715 | +0.221% | $2.5M | $7.6M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05695 | −0.129% | $8.9M | $6.9M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05696 | −0.112% | $693K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05697 | −0.094% | $444K | $650K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05711 | +0.151% | $1.8M | $1.0M | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05702 | −0.007% | $1.1M | $1.0M | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
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 POPCATUSDT | +0.0100% | 4h | 0.05705 | +0.046% | $1.2M | $980K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05698 | −0.077% | — | $1.6M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05670 | −0.568% | $22K | $655K | 25x | as long as short |
| Extended POPCAT-USDlong | +0.0104% | 1h | 0.05702 | long leg | $97K | $394K | 10x | |
| GRVT POPCAT_USDT_Perp | +0.0182% | 4h | 0.05674 | −0.492% | $256K | $500K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0258% | 1h | 0.05710 | +0.137% | $2.7M | $1.4M | 3x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05670 | −0.568% | $126K | $342K | 50x | as long as short |
| Kraken Futures PF_POPCATUSDshort | +0.0405% | 1h | 0.05703 | +0.012% | $151K | $155K | 20x |
Bitget POPCATUSDT
BingX POPCAT-USDC
ApeX Omni POPCATUSDT
GRVT POPCAT_USDT_Perp
Hyperliquid POPCAT
BloFin POPCAT-USDT