Funding you earn now, next payment 02:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +1.311%
Price spread now: Variational Omni against Injective+1.482%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$153 a day on $10k at the current rate, and Variational Omni is 1.482% dearer against Injective than usual: you sell high and buy low: +$148 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective POPCAT/USDC PERP | 0.05540 | −0.5000 | get 0.0625% / 1h | 46m 41s | $3K | $2K | 5.5x |
| Short | Variational Omni POPCAT | 0.05622 | 0.0100 | get 0.0050% / 4h | 2h 46m | $511K | $162K | — |
Injective POPCAT/USDC PERP
Variational Omni POPCATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $1,071
- Price spread: +1.482% → 0.000%
- $148.25
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $1,219.23
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 22 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 22 min ago | 7.94 bp | doesn't fit | 92.6 bp −$926 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPlong | −0.5000% | 1h | 0.05540 | long leg | $3K | $2K | 5.5x | |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05642 | +1.848% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05640 | +1.805% | $101K | $46K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05645 | +1.887% | $2.3M | $6.8M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05632 | +1.661% | $8.9M | $6.2M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05638 | +1.769% | $696K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05640 | +1.805% | $453K | $621K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05642 | +1.841% | $1.8M | $962K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05647 | +1.931% | $1.1M | $991K | 50x | as long as short |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05643 | +1.859% | $1.2M | $937K | 50x | as long as short |
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05643 | +1.859% | — | $1.6M | — | as long as short |
| Variational Omni POPCATshort | +0.0100% | 4h | 0.05622 | +1.482% | $511K | $162K | — | |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05654 | +2.058% | $247K | $485K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05660 | +2.166% | $22K | $655K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05638 | +1.774% | $96K | $525K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05654 | +2.058% | $125K | $301K | 50x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0632% | 1h | 0.05637 | +1.760% | $150K | $144K | 20x | as long as short |
| Hyperliquid POPCAT | +0.1286% | 1h | 0.05655 | +2.079% | $2.6M | $985K | 3x | as long as short |
BingX POPCAT-USDC
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT