Funding you earn now, next payment 03:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.038%
Price spread now: BloFin against Extended+0.037%54s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1801.800% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.037%, 7d avg +0.064%
=Together, before fees−0.302%+ Points / potential airdropExtended: Active · farm board−$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.027% cheaper against Extended than usual: you would sell low and buy high (spread +0.037% now, against its 7-day average of +0.064%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.027% in total) that is about 6.9 days. The two prices were read 54 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 7 days it paid 0.027% in total (about 1.4% 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 | Extended POPCAT-USD | 0.05641 | 0.0104 | pay 0.0013% / 1h | 30m 06s | $96K | $529K | 10x |
| Short | BloFin POPCAT-USDT | 0.05643 | 0.0340 | get 0.0170% / 4h | 1h 30m | $124K | $326K | 50x |
Extended POPCAT-USD
BloFin POPCAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $49.56
- Price spread: +0.037% → +0.064%
- −$2.71
- Slippage, 4 orders
- −$162.96
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$133.11
- Costs to cover
- 1.800%
- Break-even
- 25.8 days
Slippage from Extended: live order book, 33 min ago; BloFin: live order book, 10 min ago.
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 Extended live order book, 33 min ago | 2.68 bp | 67.3 bp −$67 | 415.3 bp −$4,153 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 3.56 bp | 21.9 bp −$22 | 60.4 bp −$604 | 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 | −0.4257% | 1h | 0.05560 | −1.435% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05642 | +0.019% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0120% | 4h | 0.05631 | −0.179% | $510K | $162K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05643 | +0.037% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05646 | +0.090% | $2.4M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05631 | −0.176% | $8.9M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05643 | +0.037% | $696K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05641 | +0.001% | $446K | $637K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05646 | +0.090% | $1.8M | $957K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05641 | +0.001% | $1.1M | $987K | 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 POPCATUSDT | +0.0100% | 4h | 0.05643 | +0.037% | $1.2M | $938K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05642 | +0.019% | — | $6.8M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05650 | +0.161% | $22K | $651K | 25x | as long as short |
| Extended POPCAT-USDlong | +0.0104% | 1h | 0.05641 | long leg | $96K | $529K | 10x | |
| GRVT POPCAT_USDT_Perp | +0.0146% | 4h | 0.05647 | +0.103% | $252K | $495K | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0293% | 1h | 0.05641 | −0.005% | $151K | $146K | 20x | as long as short |
| BloFin POPCAT-USDTshort | +0.0340% | 4h | 0.05643 | +0.037% | $124K | $326K | 50x | |
| Hyperliquid POPCAT | +0.0825% | 1h | 0.05656 | +0.274% | $2.6M | $997K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
GRVT POPCAT_USDT_Perp
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT