Settings8H · net · $10k
Funding arb · Price arb /

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against ApeX Omni−0.042%52s7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2432.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.514%−$51 · spread now −0.042%, 7d avg −0.059%
Together, before fees−0.505%+ Points / potential airdropExtended: Active · farm board−$50 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POPCATUSDT0.057700.0100pay 0.0013% / 1h12m 29s$23K$654K25x
ShortExtended POPCAT-USD0.057680.0104get 0.0013% / 1h12m 29s$93K$753K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: −0.042% → −0.059%
$1.69
Slippage, 4 orders
−$228.23
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$240.7
Costs to cover
2.432%
Break-even
2012.8 days
Slippage from ApeX Omni: live order book, 21 min ago; Extended: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 21 min ago17.67 bp39.0 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 20 min ago3.54 bp64.2 bp −$64372.6 bp −$3,726doesn't fitdoesn't fit

POPCAT on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective POPCAT/USDC PERP−0.4200%1h0.05670−1.733%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1103%1h0.05744−0.446%$155K$148K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05762−0.138%$110xas long as short
Lighter POPCAT+0.0096%1h0.05763−0.121%$100K$55K10xas long as short
Hyperliquid POPCAT+0.0100%1h0.05766−0.069%$2.7M$1.4M3xas long as short
Binance POPCATUSDT+0.0100%4h0.05773+0.054%$2.6M$7.9M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05758−0.208%$9.2M$7.4M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05766−0.069%$697K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05760−0.173%$435K$514K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05764−0.104%$1.9M$1.1M200xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin POPCATUSDTM+0.0100%4h0.05762−0.139%$1.1M$849K50xas long as short
Bitget POPCATUSDT+0.0100%4h0.05759−0.191%$1.2M$967K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05765−0.087%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05751−0.326%$486K$174Kas long as short
ApeX Omni POPCATUSDTlong+0.0100%1h0.05770long leg$23K$654K25x
Extended POPCAT-USDshort+0.0104%1h0.05768−0.042%$93K$753K10x
BloFin POPCAT-USDT+0.0340%4h0.05773+0.052%$130K$336K50xas long as short
GRVT POPCAT_USDT_Perp+0.0538%4h0.05776+0.100%$261K$485K10xas long as short