Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.257%
Price spread now: Bybit against Hyperliquid−0.268%7-day average −0.263% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.411%−$41 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.268%, 7d avg −0.263%
=Together, before fees−0.350%+ Points / potential airdropHyperliquid: Season 2 · farm board−$35 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid POPCAT | 0.05714 | 0.0100 | pay 0.0013% / 1h | 52m 51s | $2.7M | $1.4M | 3x |
| Short | Bybit POPCATUSDT | 0.05699 | 0.0100 | get 0.0050% / 4h | 3h 52m | $9.0M | $7.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hyperliquid. 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
- Price spread: −0.268% → −0.263%
- −$0.44
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$20.44
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Bybit: live order book, 5 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 Hyperliquid live order book, 8 min ago | 2.44 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.38 bp | 19.9 bp −$20 | 77.3 bp −$773 | 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 | −0.4200% | 1h | 0.05655 | −1.038% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.1111% | 1h | 0.05700 | −0.246% | $153K | $155K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05713 | −0.017% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05709 | −0.093% | $99K | $55K | 10x | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05718 | +0.066% | $484K | $180K | — | as long as short |
| Hyperliquid POPCATlong | +0.0100% | 1h | 0.05714 | long leg | $2.7M | $1.4M | 3x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05716 | +0.030% | $2.5M | $7.9M | 50x | as long as short |
| Bybit POPCATUSDTshort | +0.0100% | 4h | 0.05699 | −0.268% | $9.0M | $7.6M | 50x | |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05714 | −0.005% | $694K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05706 | −0.145% | $435K | $448K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05715 | +0.012% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05707 | −0.128% | $1.1M | $860K | 50x | as long as short |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05703 | −0.198% | $1.2M | $1.0M | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05704 | −0.180% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05715 | +0.012% | $258K | $480K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05690 | −0.425% | $22K | $655K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05713 | −0.030% | $92K | $745K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05703 | −0.198% | $132K | $340K | 50x | as long as short |
Hyperliquid POPCAT
Bybit POPCATUSDT
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Lighter POPCAT
Variational Omni POPCAT
Binance POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT