Funding you earn now, next payment 23:00 UTC−0.3474%/8h= −380.4% APRpaid last 24h −1.309%
Price spread now: Injective against MEXC−1.419%100s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−4.594%−$459 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$104 a day on $10k at the current rate, and Injective is 1.419% cheaper against MEXC than usual: you would sell low and buy high (−$142 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC POPCAT_USDT | 0.05495 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $1.9M | $920K | 200x |
| Short | Injective POPCAT/USDC PERP | 0.05417 | −0.3374 | pay 0.0422% / 1h | 47m 41s | $3K | $2K | 5.5x |
MEXC POPCAT_USDT
Injective POPCAT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$729.58
- Price spread: −1.419% → 0.000%
- −$141.95
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$875.55
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Injective: no order-book sample. 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 MEXC live order book, 4 min ago | 4.55 bp | 15.1 bp −$15 | 68.0 bp −$680 | 140.7 bp −$14.1K | 266.5 bp −$133.3K |
| Sell Injective no order-book sample | — | — | — | — | — |
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 PERPshort | −0.3374% | 1h | 0.05417 | −1.419% | $3K | $2K | 5.5x | |
| Kraken Futures PF_POPCATUSD | −0.0932% | 1h | 0.05482 | −0.242% | $140K | $114K | 20x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05494 | −0.025% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05495 | 0.000% | $100K | $45K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05497 | +0.030% | $2.3M | $6.3M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05488 | −0.127% | $8.8M | $5.8M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05496 | +0.018% | $676K | $1.4M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05487 | −0.146% | $416K | $649K | 50x | as long as short |
| MEXC POPCAT_USDTlong | +0.0100% | 4h | 0.05495 | long leg | $1.9M | $920K | 200x | |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05495 | 0.000% | $1.1M | $995K | 50x | as long as short |
Kraken Futures PF_POPCATUSD
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate 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 | 0.05492 | −0.055% | $1.2M | $885K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05493 | −0.036% | — | $6.8M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05487 | −0.154% | $504K | $175K | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05502 | +0.127% | $244K | $480K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05500 | +0.091% | $22K | $646K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05498 | +0.049% | $97K | $440K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05499 | +0.073% | $123K | $284K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0889% | 1h | 0.05506 | +0.197% | $2.5M | $1.1M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
Variational Omni POPCAT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT