Funding you earn now, next payment 02:00 UTC+0.0956%/8h= +104.7% APRnext payment +$1.19 per $10,000 · paid last 24h +0.269%
Price spread now: Hyperliquid against ApeX Omni−0.096%7-day average +0.128% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.366%+$37 on $10k
+Price spread, last 4 days (all we have)−0.679%−$68 · spread now −0.096%, 7d avg +0.128%
=Together, before fees−0.313%+ Points / potential airdropHyperliquid: Season 2 · farm board−$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.225% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.128%). If the spread goes back, that is −$22 on $10k: about 19 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.366% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.366% in total (about 19.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.19 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 | ApeX Omni POPCATUSDT | 0.05600 | 0.0100 | pay 0.0013% / 1h | 21m 32s | $22K | $658K | 25x |
| Short | Hyperliquid POPCAT | 0.05595 | 0.1056 | get 0.0132% / 1h | 21m 32s | $2.6M | $999K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX 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
- $200.73
- Price spread: −0.096% → +0.128%
- −$22.45
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $159.28
- Costs to cover
- 0.190%
- Break-even
- 1.4 days
Slippage unknown: ApeX Omni: live order book, 47 min ago; Hyperliquid: live order book, 10 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 ApeX Omni live order book, 47 min ago | 17.61 bp | 46.2 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.69 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
POPCAT on 17 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 | 0.05524 | −1.357% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05593 | −0.128% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0028% | 4h | 0.05595 | −0.097% | $507K | $162K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05581 | −0.339% | $100K | $52K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05589 | −0.193% | $2.3M | $6.8M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05578 | −0.393% | $8.8M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05585 | −0.268% | $690K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05590 | −0.179% | $445K | $636K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05587 | −0.232% | $1.8M | $970K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05590 | −0.179% | $1.1M | $990K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05588 | −0.214% | $1.2M | $939K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05586 | −0.250% | — | $1.6M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05602 | +0.036% | $251K | $486K | 10x | as long as short |
| ApeX Omni POPCATUSDTlong | +0.0100% | 1h | 0.05600 | long leg | $22K | $658K | 25x | |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05580 | −0.352% | $98K | $524K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0637% | 1h | 0.05589 | −0.198% | $149K | $149K | 20x | as long as short |
| Hyperliquid POPCATshort | +0.1056% | 1h | 0.05595 | −0.096% | $2.6M | $999K | 3x |
ApeX Omni POPCATUSDT
Hyperliquid POPCAT
Injective POPCAT/USDC PERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDC
GRVT POPCAT_USDT_Perp
Extended POPCAT-USD
Kraken Futures PF_POPCATUSD