Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against MEXC+0.109%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.109%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.110% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.001%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC POPCAT_USDT | 0.05528 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $1.7M | $1.0M | 200x |
| Short | BloFin POPCAT-USDT | 0.05534 | 0.0340 | get 0.0170% / 4h | 2h 24m | $126K | $323K | 50x |
MEXC POPCAT_USDT
BloFin POPCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $50.4
- Price spread: +0.109% → −0.001%
- $10.98
- Slippage, 4 orders
- −$61.68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.3
- Costs to cover
- 0.777%
- Break-even
- 9.3 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 65 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 MEXC live order book, 2 min ago | 6.33 bp | 15.0 bp −$15 | 67.1 bp −$671 | 138.9 bp −$13.9K | 238.8 bp −$119.4K |
| Sell BloFin live order book, 65 min ago | 2.63 bp | 17.8 bp −$18 | 55.0 bp −$550 | 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 | −0.4088% | 1h | 0.05504 | −0.434% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05527 | −0.021% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0063% | 4h | 0.05510 | −0.333% | $467K | $175K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05522 | −0.109% | $99K | $56K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05529 | +0.015% | $2.4M | $7.5M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05522 | −0.109% | $8.6M | $6.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05528 | 0.000% | $672K | $1.6M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05526 | −0.036% | $438K | $640K | 50x | as long as short |
| MEXC POPCAT_USDTlong | +0.0100% | 4h | 0.05528 | long leg | $1.7M | $1.0M | 200x | |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05525 | −0.054% | $1.1M | $1.0M | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate 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 | 0.05524 | −0.072% | $1.1M | $961K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05524 | −0.072% | — | $1.6M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05571 | +0.771% | $242K | $509K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05570 | +0.760% | $22K | $653K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05527 | −0.009% | $90K | $408K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0133% | 1h | 0.05528 | 0.000% | $2.6M | $1.2M | 3x | as long as short |
| BloFin POPCAT-USDTshort | +0.0340% | 4h | 0.05534 | +0.109% | $126K | $323K | 50x | |
| Kraken Futures PF_POPCATUSD | +0.0418% | 1h | 0.05522 | −0.106% | $146K | $152K | 20x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Hyperliquid POPCAT
Kraken Futures PF_POPCATUSD