Funding you earn now, next payment 06:00 UTC+0.3860%/8h= +422.7% APRnext payment +$4.83 per $10,000 · paid last 24h +1.236%
Price spread now: Reya against Injective+0.761%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$116 a day on $10k at the current rate, and Reya is 0.761% dearer against Injective than usual: you sell high and buy low: +$76 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | 0.05563 | −0.4088 | get 0.0511% / 1h | 46m 18s | $3K | $2K | 5.5x |
| Short | Reya POPCATRUSDPERP | 0.05605 | −0.0228 | pay 0.0029% / 1h | 46m 18s | $1 | — | 10x |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $810.64
- Price spread: +0.761% → 0.000%
- $76.11
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $880.73
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Reya: no order-book sample. 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 Reya no order-book sample | — | — | — | — | — |
Injective and Reya: 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 | −0.4088% | 1h | 0.05563 | long leg | $3K | $2K | 5.5x | |
| Reya POPCATRUSDPERPshort | −0.0228% | 1h | 0.05605 | +0.761% | $1 | — | 10x | |
| Variational Omni POPCAT | −0.0094% | 4h | 0.05622 | +1.061% | $506K | $148K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05608 | +0.809% | $101K | $56K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05610 | +0.845% | $2.5M | $7.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05596 | +0.593% | $8.8M | $6.7M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05606 | +0.773% | $686K | $1.6M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05612 | +0.881% | $445K | $635K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05608 | +0.809% | $1.8M | $995K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05613 | +0.899% | $1.1M | $987K | 50x | as long as short |
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 | 0.05605 | +0.755% | $1.2M | $950K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05603 | +0.719% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05644 | +1.450% | $251K | $502K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05640 | +1.384% | $22K | $654K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05605 | +0.751% | $97K | $405K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0265% | 1h | 0.05611 | +0.861% | $2.6M | $1.1M | 3x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05614 | +0.917% | $128K | $327K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0411% | 1h | 0.05609 | +0.823% | $149K | $146K | 20x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Hyperliquid POPCAT
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD