Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.149%
Price spread now: Lighter against Variational Omni+0.525%7-day average +0.144% · 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)+0.331%+$33 on $10k
+Price spread, last 3 days (all we have)−0.674%−$67 · spread now +0.525%, 7d avg +0.144%
=Together, before fees−0.342%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.381% dearer against Variational Omni than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of +0.144%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni POPCAT | 0.05478 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $504K | $174K | — |
| Short | Lighter POPCAT | 0.05507 | 0.0096 | get 0.0012% / 1h | 5m 49s | $100K | $45K | 10x |
Variational Omni POPCAT
Lighter POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.525% → +0.144%
- $38.08
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $37.24
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 13 min ago; Lighter: live order book, 67 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, 13 min ago | 10.02 bp | doesn't fit | 82.9 bp −$829 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 67 min ago | 10.02 bp | 11.3 bp −$11 | 392.8 bp −$3,928 | 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 | −0.3374% | 1h | 0.05443 | −0.644% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0930% | 1h | 0.05499 | +0.372% | $144K | $118K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05504 | +0.461% | $1 | — | 10x | as long as short |
| Lighter POPCATshort | +0.0096% | 1h | 0.05507 | +0.525% | $100K | $45K | 10x | |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05508 | +0.543% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05504 | +0.470% | $8.8M | $5.9M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05508 | +0.543% | $683K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05498 | +0.360% | $433K | $674K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05508 | +0.543% | $1.9M | $929K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05500 | +0.397% | $1.1M | $981K | 50x | as long as short |
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
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 | 0.05501 | +0.415% | $1.1M | $893K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05506 | +0.506% | — | $1.6M | — | as long as short |
| Variational Omni POPCATlong | +0.0100% | 4h | 0.05478 | long leg | $504K | $174K | — | |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05498 | +0.354% | $243K | $468K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05490 | +0.214% | $22K | $644K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05504 | +0.463% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05495 | +0.306% | $123K | $282K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0885% | 1h | 0.05518 | +0.720% | $2.5M | $1.1M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT