Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.124%
Price spread now: ApeX Omni against Lighter+0.143%78s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1271.268% of the position
Funding, last 7 days−0.420%−$42 on $10k
+Price spread, last 4 days (all we have)+0.246%+$25 · spread now +0.143%, 7d avg −0.012%
=Together, before fees−0.174%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.155% dearer against Lighter than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 78 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 | Lighter POPCAT | 0.05602 | 0.0096 | pay 0.0012% / 1h | 2m 07s | $101K | $51K | 10x |
| Short | ApeX Omni POPCATUSDT | 0.05610 | 0.0100 | get 0.0013% / 1h | 2m 07s | $22K | $651K | 25x |
Lighter POPCAT
ApeX Omni POPCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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: +0.143% → −0.012%
- $15.47
- Slippage, 4 orders
- −$116.79
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$110.47
- Costs to cover
- 1.268%
- Break-even
- 927.6 days
Slippage from Lighter: live order book, 33 min ago; ApeX Omni: live order book, 61 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 Lighter live order book, 33 min ago | 16.83 bp | 16.8 bp −$17 | 92.1 bp −$921 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 61 min ago | 26.76 bp | 45.1 bp −$45 | doesn't fit | 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 | −0.4257% | 1h | 0.05587 | −0.268% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05598 | −0.080% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0167% | 4h | 0.05593 | −0.153% | $506K | $163K | — | as long as short |
| Lighter POPCATlong | +0.0096% | 1h | 0.05602 | long leg | $101K | $51K | 10x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05604 | +0.042% | $2.4M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05591 | −0.196% | $8.8M | $6.4M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05600 | −0.036% | $694K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05591 | −0.196% | $441K | $639K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05605 | +0.054% | $1.8M | $961K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05598 | −0.071% | $1.1M | $983K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni 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 | 0.05603 | +0.018% | $1.2M | $936K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05594 | −0.143% | — | $6.7M | — | as long as short |
| ApeX Omni POPCATUSDTshort | +0.0100% | 1h | 0.05610 | +0.143% | $22K | $651K | 25x | |
| GRVT POPCAT_USDT_Perp | +0.0102% | 4h | 0.05612 | +0.179% | $248K | $493K | 10x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05598 | −0.079% | $95K | $530K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0295% | 1h | 0.05602 | +0.008% | $150K | $146K | 20x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05619 | +0.303% | $126K | $325K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0906% | 1h | 0.05616 | +0.253% | $2.6M | $997K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
Extended POPCAT-USD
Kraken Futures PF_POPCATUSD
BloFin POPCAT-USDT
Hyperliquid POPCAT