POPCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.091%

Price spread now: Lighter against OKX+0.070%7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1071.067% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.420%+$42 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.070%, 7d avg +0.071%

Together, before fees+0.457%+ Points / potential airdropLighter: Season 3 · farm board+$46 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX POPCAT-USDT-SWAP	0.05712	0.0100	pay 0.0050% / 4h	56m 25s	$694K	$1.7M	20x
Short	Lighter POPCAT	0.05716	0.0096	get 0.0012% / 1h	56m 25s	$102K	$59K	10x

Funding history

latest

Range statsloading…

Lighter against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee OKXbpFee LighterbpOrdersPrice spread, now +0.070%Rate

Slippage from OKX: live order book, 5 min ago; Lighter: live order book, 9 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	5.24 bp	36.8 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 9 min ago	12.11 bp	12.1 bp −$12	549.3 bp −$5,493	doesn't fit	doesn't fit

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	−0.5000%	1h	0.05666	−0.805%	$3K	$2K	5.5x	as long as short
Reya POPCATRUSDPERP	−0.0228%	1h	0.05704	−0.135%	$1	—	10x	as long as short
Kraken Futures PF_POPCATUSD	−0.0162%	1h	0.05710	−0.040%	$153K	$161K	20x	as long as short
Variational Omni POPCAT	+0.0029%	4h	0.05717	+0.096%	$492K	$181K	—	as long as short
Lighter POPCATshort	+0.0096%	1h	0.05716	+0.070%	$102K	$59K	10x
Binance POPCATUSDT	+0.0100%	4h	0.05713	+0.016%	$2.5M	$8.0M	50x	as long as short
Bybit POPCATUSDT	+0.0100%	4h	0.05700	−0.210%	$9.0M	$7.5M	50x	as long as short
OKX POPCAT-USDT-SWAPlong	+0.0100%	4h	0.05712	long leg	$694K	$1.7M	20x
Gate POPCAT_USDT	+0.0100%	4h	0.05706	−0.105%	$441K	$542K	50x	as long as short
MEXC POPCAT_USDT	+0.0100%	4h	0.05712	0.000%	$1.9M	$1.0M	200x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin POPCATUSDTM	+0.0100%	4h	0.05711	−0.018%	$1.1M	$1.0M	50x	as long as short
Bitget POPCATUSDT	+0.0100%	4h	0.05715	+0.053%	$1.2M	$1.0M	50x	as long as short
BingX POPCAT-USDC	+0.0100%	4h	0.05713	+0.018%	—	$1.6M	—	as long as short
ApeX Omni POPCATUSDT	+0.0100%	1h	0.05740	+0.490%	$22K	$660K	25x	as long as short
Extended POPCAT-USD	+0.0104%	1h	0.05714	+0.028%	$93K	$372K	10x	as long as short
GRVT POPCAT_USDT_Perp	+0.0130%	4h	0.05739	+0.473%	$262K	$503K	10x	as long as short
BloFin POPCAT-USDT	+0.0340%	4h	0.05727	+0.263%	$133K	$362K	50x	as long as short
Hyperliquid POPCAT	+0.0587%	1h	0.05718	+0.110%	$2.7M	$1.4M	3x	as long as short