Funding you earn now, next payment 04:00 UTC+0.0199%/8h= +21.8% APRnext payment +$1.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Variational Omni+0.544%7-day average +0.141% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.722%−$72 · spread now +0.544%, 7d avg +0.141%
=Together, before fees−0.721%+ Points / potential airdropVariational Omni: Active · farm board−$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.403% dearer against Variational Omni than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.141%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.00 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 | Variational Omni POPCAT | 0.05619 | −0.0099 | get 0.0050% / 4h | 1h 10m | $508K | $163K | — |
| Short | Binance POPCATUSDT | 0.05650 | 0.0100 | get 0.0050% / 4h | 1h 10m | $2.4M | $6.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $41.87
- Price spread: +0.544% → +0.141%
- $40.35
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $72.21
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 54 min ago; Binance: live order book, 14 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 Variational Omni RFQ quote, 54 min ago | 8.04 bp | doesn't fit | 90.2 bp −$902 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 5.29 bp | 26.7 bp −$27 | 82.4 bp −$824 | 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 | −0.577% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05643 | +0.422% | $1 | — | 10x | as long as short |
| Variational Omni POPCATlong | −0.0099% | 4h | 0.05619 | long leg | $508K | $163K | — | |
| Lighter POPCAT | +0.0096% | 1h | 0.05648 | +0.509% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDTshort | +0.0100% | 4h | 0.05650 | +0.544% | $2.4M | $6.9M | 50x | |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05637 | +0.313% | $8.9M | $6.4M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05643 | +0.420% | $699K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05642 | +0.402% | $445K | $638K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05652 | +0.580% | $1.8M | $959K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05641 | +0.384% | $1.1M | $986K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05642 | +0.402% | $1.2M | $940K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05644 | +0.438% | — | $6.8M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05660 | +0.722% | $22K | $649K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05643 | +0.420% | $96K | $526K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0146% | 4h | 0.05660 | +0.722% | $250K | $493K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0293% | 1h | 0.05648 | +0.508% | $151K | $147K | 20x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05645 | +0.455% | $125K | $326K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0854% | 1h | 0.05661 | +0.747% | $2.6M | $997K | 3x | as long as short |
Variational Omni POPCAT
Binance POPCATUSDT
Injective POPCAT/USDC PERP
Lighter POPCAT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
Kraken Futures PF_POPCATUSD
BloFin POPCAT-USDT
Hyperliquid POPCAT