Funding you earn now, next payment 22:00 UTC−0.1308%/8h= −143.3% APRnext payment −$1.64 per $10,000 · paid last 24h −0.233%
Price spread now: Extended against Hyperliquid−0.173%7-day average −0.201% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.305%−$30 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now −0.173%, 7d avg −0.201%
=Together, before fees−0.474%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.028% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.173% now, against its 7-day average of −0.201%): +$3 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.305% in total) that is about 16 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.305% in total (about -15.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.64 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 | Hyperliquid POPCAT | 0.05526 | 0.1412 | pay 0.0177% / 1h | 21m 11s | $2.6M | $1.1M | 3x |
| Short | Extended POPCAT-USD | 0.05516 | 0.0104 | get 0.0013% / 1h | 21m 11s | $97K | $440K | 10x |
Hyperliquid POPCAT
Extended POPCAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- −$274.77
- Price spread: −0.173% → −0.201%
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$285.96
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Extended: live order book, 1 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 Hyperliquid live order book, 10 min ago | 1.82 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 2.72 bp | 62.5 bp −$63 | 382.7 bp −$3,827 | 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 | −0.4569% | 1h | 0.05454 | −1.301% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.1064% | 1h | 0.05508 | −0.328% | $140K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05514 | −0.220% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05515 | −0.197% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05516 | −0.179% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05507 | −0.342% | $8.8M | $5.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05520 | −0.107% | $678K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05508 | −0.324% | $418K | $673K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05516 | −0.179% | $1.9M | $920K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05510 | −0.288% | $1.1M | $992K | 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 | 0.05506 | −0.360% | $1.2M | $884K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05513 | −0.233% | — | $1.6M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05506 | −0.355% | $502K | $174K | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05518 | −0.147% | $245K | $489K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05500 | −0.469% | $22K | $645K | 25x | as long as short |
| Extended POPCAT-USDshort | +0.0104% | 1h | 0.05516 | −0.173% | $97K | $440K | 10x | |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05511 | −0.270% | $123K | $285K | 50x | as long as short |
| Hyperliquid POPCATlong | +0.1412% | 1h | 0.05526 | long leg | $2.6M | $1.1M | 3x |
Bitget POPCATUSDT
BingX POPCAT-USDC
Variational Omni POPCAT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
BloFin POPCAT-USDT