Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against Variational Omni+0.645%56s7-day average +0.151% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.566%−$57 · spread now +0.645%, 7d avg +0.151%
=Together, before fees−0.499%+ Points / potential airdropVariational Omni: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.494% dearer against Variational Omni than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.151%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.067% in total (about 6.7% 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 | Variational Omni POPCAT | 0.05722 | 0.0100 | pay 0.0050% / 4h | 12m 18s | $493K | $177K | — |
| Short | BloFin POPCAT-USDT | 0.05759 | 0.0340 | get 0.0170% / 4h | 12m 18s | $133K | $350K | 50x |
Variational Omni POPCAT
BloFin POPCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: +0.645% → +0.151%
- $49.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $87.79
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; BloFin: live order book, 3 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, 27 min ago | 7.80 bp | doesn't fit | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.74 bp | 25.7 bp −$26 | 81.4 bp −$814 | 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 | −0.5000% | 1h | 0.05667 | −0.963% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05767 | +0.793% | $1 | — | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0161% | 1h | 0.05749 | +0.478% | $154K | $156K | 20x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05768 | +0.802% | $100K | $61K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05765 | +0.749% | $2.6M | $8.0M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05759 | +0.645% | $9.2M | $7.6M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05760 | +0.662% | $701K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05764 | +0.732% | $441K | $550K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05769 | +0.819% | $1.9M | $1.1M | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05763 | +0.715% | $1.1M | $1.0M | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Kraken Futures PF_POPCATUSD
Lighter 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 | 0.05770 | +0.837% | $1.2M | $1.0M | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05763 | +0.715% | — | $6.9M | — | as long as short |
| Variational Omni POPCATlong | +0.0100% | 4h | 0.05722 | long leg | $493K | $177K | — | |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05740 | +0.313% | $22K | $657K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05760 | +0.660% | $94K | $746K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0136% | 4h | 0.05748 | +0.446% | $250K | $492K | 10x | as long as short |
| Hyperliquid POPCAT | +0.0242% | 1h | 0.05770 | +0.835% | $2.7M | $1.4M | 3x | as long as short |
| BloFin POPCAT-USDTshort | +0.0340% | 4h | 0.05759 | +0.645% | $133K | $350K | 50x |
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
Hyperliquid POPCAT