Funding you earn now, next payment 23:00 UTC+0.0615%/8h= +67.3% APRpaid last 24h +0.251%
Price spread now: Hyperliquid against BingX+0.184%7-day average +0.176% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.331%+$33 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.184%, 7d avg +0.176%
=Together, before fees+0.317%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.176%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.331% in total (about 17.3% a year). A funding rate is set anew for every payment. 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 | BingX POPCAT-USDC | 0.05497 | 0.0100 | pay 0.0050% / 4h | 1h 34m | — | $1.6M | — |
| Short | Hyperliquid POPCAT | 0.05507 | 0.0715 | get 0.0089% / 1h | 34m 22s | $2.5M | $1.1M | 3x |
BingX POPCAT-USDC
Hyperliquid POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $129.16
- Price spread: +0.184% → +0.176%
- $0.8
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $110.96
- Costs to cover
- 0.190%
- Break-even
- 1.0 days
Slippage unknown: BingX: live order book, 13 min ago; Hyperliquid: live order book, 7 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 BingX live order book, 13 min ago | 13.65 bp | 77.3 bp −$77 | 453.7 bp −$4,537 | 622.3 bp −$62.2K | 953.2 bp −$476.6K |
| Sell Hyperliquid live order book, 7 min ago | 2.35 bp | doesn't fit | doesn't fit | 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 | −0.982% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0933% | 1h | 0.05479 | −0.326% | $140K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05496 | −0.011% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05502 | +0.091% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05502 | +0.094% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05492 | −0.091% | $8.8M | $5.9M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05500 | +0.055% | $681K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05490 | −0.127% | $431K | $672K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05506 | +0.164% | $1.9M | $924K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05504 | +0.127% | $1.1M | $997K | 50x | as long as short |
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
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 | 0.05500 | +0.055% | $1.2M | $887K | 50x | as long as short |
| BingX POPCAT-USDClong | +0.0100% | 4h | 0.05497 | long leg | — | $1.6M | — | |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05502 | +0.089% | $506K | $175K | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05522 | +0.455% | $244K | $490K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05520 | +0.418% | $22K | $647K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05502 | +0.087% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05510 | +0.236% | $122K | $283K | 50x | as long as short |
| Hyperliquid POPCATshort | +0.0715% | 1h | 0.05507 | +0.184% | $2.5M | $1.1M | 3x |
Bitget POPCATUSDT
Variational Omni POPCAT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT