Funding you earn now, next payment 04:00 UTC+0.1260%/8h= +137.9% APRpaid last 24h +0.274%
Price spread now: Hyperliquid against Bitget+0.209%7-day average +0.140% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now +0.209%, 7d avg +0.140%
=Together, before fees+0.439%+ Points / potential airdropHyperliquid: Season 2 · farm board+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Hyperliquid is 0.069% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.140%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.388% in total (about 20.2% 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 | Bitget POPCATUSDT | 0.05588 | 0.0100 | pay 0.0050% / 4h | 47m 49s | $1.2M | $938K | 50x |
| Short | Hyperliquid POPCAT | 0.05600 | 0.1360 | get 0.0170% / 1h | 47m 49s | $2.6M | $1.0M | 3x |
Bitget POPCATUSDT
Hyperliquid POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $264.51
- Price spread: +0.209% → +0.140%
- $6.93
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $250.44
- Costs to cover
- 0.210%
- Break-even
- 0.4 days
Slippage unknown: Bitget: live order book, 3 min ago; Hyperliquid: 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 Bitget live order book, 3 min ago | 7.14 bp | 32.1 bp −$32 | 147.2 bp −$1,472 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.42 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 | −0.4247% | 1h | 0.05530 | −1.038% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05588 | +0.001% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0114% | 4h | 0.05587 | −0.017% | $505K | $163K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05587 | −0.018% | $100K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05592 | +0.072% | $2.3M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05582 | −0.107% | $8.8M | $6.4M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05590 | +0.036% | $693K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05582 | −0.107% | $442K | $635K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05594 | +0.107% | $1.8M | $958K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05581 | −0.125% | $1.1M | $982K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
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 POPCATUSDTlong | +0.0100% | 4h | 0.05588 | long leg | $1.2M | $938K | 50x | |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05580 | −0.143% | — | $6.7M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05610 | +0.394% | $22K | $651K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05585 | −0.045% | $95K | $530K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0156% | 4h | 0.05627 | +0.698% | $249K | $493K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05584 | −0.072% | $125K | $323K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0580% | 1h | 0.05586 | −0.029% | $150K | $146K | 20x | as long as short |
| Hyperliquid POPCATshort | +0.1360% | 1h | 0.05600 | +0.209% | $2.6M | $1.0M | 3x |
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD