Funding you earn now, next payment 20:00 UTC−0.0077%/8hpaid last 24h −0.018%
Price spread now: BloFin against Kraken Futures−0.079%7-day average +0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1451.453% of the position
Funding, last 7 days+0.484%+$48 on $10k
+Price spread, last 3 days (all we have)+0.776%+$78 · spread now −0.079%, 7d avg +0.163%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.242% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.163%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.484%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POPCATUSD | 0.05486 | 0.0417 | pay 0.0052% / 1h | 22m 38s | $139K | $116K | 20x |
| Short | BloFin POPCAT-USDT | 0.05482 | 0.0340 | get 0.0170% / 4h | 22m 38s | $130K | $268K | 50x |
Kraken Futures PF_POPCATUSD
BloFin POPCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$16.17
- Price spread: −0.079% → +0.163%
- −$24.17
- Slippage, 4 orders
- −$123.34
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$185.69
- Costs to cover
- 1.453%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 9 min ago; BloFin: 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 Kraken Futures live order book, 9 min ago | 11.90 bp | 37.5 bp −$38 | 7526.1 bp −$75.3K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.91 bp | 22.7 bp −$23 | 56.9 bp −$569 | 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 | −0.4313% | 1h | 0.05412 | −1.354% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05477 | −0.161% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05493 | +0.122% | $100K | $47K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05492 | +0.104% | $2.4M | $6.1M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05478 | −0.152% | $8.8M | $5.7M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05492 | +0.104% | $681K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05490 | +0.067% | $416K | $678K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05494 | +0.140% | $1.9M | $907K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05491 | +0.085% | $1.1M | $997K | 50x | as long as short |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05493 | +0.122% | $1.1M | $860K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05494 | +0.140% | — | $6.8M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05465 | −0.380% | $506K | $167K | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05494 | +0.140% | $246K | $498K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05470 | −0.297% | $22K | $630K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05493 | +0.125% | $96K | $440K | 10x | as long as short |
| BloFin POPCAT-USDTshort | +0.0340% | 4h | 0.05482 | −0.079% | $130K | $268K | 50x | |
| Kraken Futures PF_POPCATUSDlong | +0.0417% | 1h | 0.05486 | long leg | $139K | $116K | 20x | |
| Hyperliquid POPCAT | +0.1856% | 1h | 0.05505 | +0.342% | $2.5M | $1.0M | 3x | as long as short |
BingX POPCAT-USDT
Variational Omni POPCAT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Hyperliquid POPCAT