Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.0% APRnext payment −$1.10 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against OKX−0.215%7-day average −0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.215%, 7d avg −0.084%
=Together, before fees+0.426%+ Points / potential airdropVariational Omni: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.132% cheaper against OKX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.084%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.10 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 | OKX POPCAT-USDT-SWAP | 0.05643 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $696K | $1.5M | 20x |
| Short | Variational Omni POPCAT | 0.05631 | −0.0120 | pay 0.0060% / 4h | 1h 30m | $510K | $162K | — |
OKX POPCAT-USDT-SWAP
Variational Omni POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- −$46.12
- Price spread: −0.215% → −0.084%
- −$13.16
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$69.28
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 34 min ago. Net counts fees only.
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 OKX live order book, 2 min ago | 7.09 bp | 45.9 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 34 min ago | 8.04 bp | doesn't fit | 104.5 bp −$1,045 | 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 | 0.05560 | −1.471% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05642 | −0.018% | $1 | — | 10x | as long as short |
| Variational Omni POPCATshort | −0.0120% | 4h | 0.05631 | −0.215% | $510K | $162K | — | |
| Lighter POPCAT | +0.0096% | 1h | 0.05643 | 0.000% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05646 | +0.053% | $2.4M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05631 | −0.213% | $8.9M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAPlong | +0.0100% | 4h | 0.05643 | long leg | $696K | $1.5M | 20x | |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05641 | −0.035% | $446K | $637K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05646 | +0.053% | $1.8M | $957K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05641 | −0.035% | $1.1M | $987K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
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 | 0.05643 | 0.000% | $1.2M | $938K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05642 | −0.018% | — | $6.8M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05650 | +0.124% | $22K | $651K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05641 | −0.037% | $96K | $529K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0146% | 4h | 0.05647 | +0.067% | $252K | $495K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0293% | 1h | 0.05641 | −0.042% | $151K | $146K | 20x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05643 | 0.000% | $124K | $326K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0825% | 1h | 0.05656 | +0.237% | $2.6M | $997K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
Kraken Futures PF_POPCATUSD
BloFin POPCAT-USDT
Hyperliquid POPCAT