Funding you earn now, next payment 21:00 UTC+0.4597%/8h= +503.4% APRpaid last 24h +1.291%
Price spread now: OKX against Injective+1.278%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+4.590%+$459 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$138 a day on $10k at the current rate, and OKX is 1.278% dearer against Injective than usual: you sell high and buy low: +$128 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective POPCAT/USDC PERP | 0.05476 | −0.4497 | get 0.0562% / 1h | 30m 23s | $3K | $2K | 5.5x |
| Short | OKX POPCAT-USDT-SWAP | 0.05546 | 0.0100 | get 0.0050% / 4h | 3h 30m | $682K | $1.4M | 20x |
Injective POPCAT/USDC PERP
OKX POPCAT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Injective. 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
- $965.39
- Price spread: +1.278% → 0.000%
- $127.83
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $1,083.2
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 5.39 bp | 38.0 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPlong | −0.4497% | 1h | 0.05476 | long leg | $3K | $2K | 5.5x | |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05554 | +1.433% | $1 | — | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0046% | 1h | 0.05545 | +1.253% | $141K | $117K | 20x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05552 | +1.388% | $101K | $46K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05557 | +1.478% | $2.4M | $6.2M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05549 | +1.333% | $8.9M | $5.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAPshort | +0.0100% | 4h | 0.05546 | +1.278% | $682K | $1.4M | 20x | |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05560 | +1.534% | $423K | $673K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05566 | +1.644% | $2.0M | $906K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05559 | +1.516% | $1.1M | $994K | 50x | as long as short |
Reya POPCATRUSDPERP
Kraken Futures PF_POPCATUSD
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
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 | 0.05552 | +1.388% | $1.2M | $870K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05549 | +1.333% | — | $6.8M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05557 | +1.487% | $508K | $173K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05550 | +1.351% | $23K | $637K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05548 | +1.324% | $98K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05564 | +1.607% | $128K | $278K | 50x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0640% | 4h | 0.05568 | +1.676% | $249K | $498K | 10x | as long as short |
| Hyperliquid POPCAT | +0.1029% | 1h | 0.05566 | +1.651% | $2.6M | $1.0M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
GRVT POPCAT_USDT_Perp
Hyperliquid POPCAT