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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: MEXC against ApeX Omni0.000%81s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1331.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.280%−$28 · spread now 0.000%, 7d avg −0.013%
Together, before fees−0.279%−$28 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POPCATUSDT0.055000.0100pay 0.0013% / 1h10m 12s$22K$645K25x
ShortMEXC POPCAT_USDT0.055000.0100get 0.0050% / 4h2h 10m$1.9M$920K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
Price spread: 0.000% → −0.013%
$1.28
Slippage, 4 orders
−$119.11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$131.83
Costs to cover
1.331%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 13 min ago; MEXC: live order book, 6 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, 13 min ago27.20 bp48.8 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago7.27 bp15.3 bp −$1560.3 bp −$603127.7 bp −$12.8K259.0 bp −$129.5K

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−0.4569%1h0.05437−1.145%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1068%1h0.05490−0.189%$140K$114K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05498−0.036%$110xas long as short
Lighter POPCAT+0.0096%1h0.05495−0.091%$100K$45K10xas long as short
Binance POPCATUSDT+0.0100%4h0.055000.000%$2.3M$6.3M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05485−0.273%$8.8M$5.8M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05496−0.073%$675K$1.4M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05481−0.345%$416K$673K50xas long as short
MEXC POPCAT_USDTshort+0.0100%4h0.055000.000%$1.9M$920K200x
KuCoin POPCATUSDTM+0.0100%4h0.05491−0.164%$1.1M$992K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05492−0.145%$1.2M$885K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05485−0.273%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05477−0.421%$501K$173Kas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05497−0.056%$244K$489K10xas long as short
ApeX Omni POPCATUSDTlong+0.0100%1h0.05500long leg$22K$645K25x
Extended POPCAT-USD+0.0104%1h0.05498−0.043%$97K$440K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05499−0.018%$124K$285K50xas long as short
Hyperliquid POPCAT+0.1400%1h0.05507+0.127%$2.5M$1.1M3xas long as short