Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.024%
Price spread now: Lighter against KuCoin0.000%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$443as in the Price arb table
costs, in and out, $10k−$4424.416% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now 0.000%, 7d avg +0.015%
=Together, before fees+0.416%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POPCATUSDTM | 0.05658 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $1.1M | $989K | 50x |
| Short | Lighter POPCAT | 0.05658 | 0.0096 | get 0.0012% / 1h | 21m 59s | $102K | $46K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$0.84
- Price spread: 0.000% → +0.015%
- −$1.46
- Slippage, 4 orders
- −$429.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$443.85
- Costs to cover
- 4.416%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Lighter: live order book, 24 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 KuCoin live order book, 3 min ago | 8.83 bp | 227.5 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 24 min ago | 17.70 bp | 17.7 bp −$18 | 626.0 bp −$6,260 | 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 | −0.4945% | 1h | 0.05301 | −6.310% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0392% | 1h | 0.05665 | +0.132% | $151K | $142K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05655 | −0.059% | $1 | — | 10x | as long as short |
| Lighter POPCATshort | +0.0096% | 1h | 0.05658 | 0.000% | $102K | $46K | 10x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05658 | +0.002% | $2.4M | $6.6M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05643 | −0.265% | $9.0M | $6.1M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05640 | −0.318% | $701K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05660 | +0.035% | $456K | $647K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05657 | −0.018% | $1.9M | $951K | 200x | as long as short |
| KuCoin POPCATUSDTMlong | +0.0100% | 4h | 0.05658 | long leg | $1.1M | $989K | 50x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05656 | −0.035% | $1.2M | $928K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05653 | −0.088% | — | $6.8M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05657 | −0.016% | $513K | $165K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05660 | +0.035% | $23K | $651K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05655 | −0.049% | $97K | $527K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0334% | 4h | 0.05678 | +0.353% | $254K | $473K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05661 | +0.053% | $125K | $297K | 50x | as long as short |
| Hyperliquid POPCAT | +0.1424% | 1h | 0.05668 | +0.168% | $2.6M | $982K | 3x | as long as short |
KuCoin POPCATUSDTM
Lighter POPCAT
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
Bitget POPCATUSDT
BingX POPCAT-USDT
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT
Hyperliquid POPCAT