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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.057%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1911.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.057%, 7d avg −0.075%
Together, before fees−0.099%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POPCATUSDT0.054960.0100pay 0.0050% / 4h2h 33m$2.3M$6.3M50x
ShortExtended POPCAT-USD0.054930.0104get 0.0013% / 1h33m 09s$97K$440K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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: −0.057% → −0.075%
$1.79
Slippage, 4 orders
−$176.43
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$188.8
Costs to cover
1.914%
Break-even
1580.4 days
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 54 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 Binance live order book, 5 min ago1.82 bp25.2 bp −$2596.3 bp −$963doesn't fitdoesn't fit
Sell Extended live order book, 54 min ago2.71 bp77.8 bp −$78419.0 bp −$4,190doesn'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−0.4569%1h0.05428−1.237%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1070%1h0.05479−0.317%$140K$114K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05495−0.022%$110xas long as short
Lighter POPCAT+0.0096%1h0.05494−0.036%$100K$45K10xas long as short
Binance POPCATUSDTlong+0.0100%4h0.05496long leg$2.3M$6.3M50x
Bybit POPCATUSDT+0.0100%4h0.05491−0.091%$8.8M$5.8M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05493−0.055%$675K$1.4M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05490−0.109%$416K$673K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05494−0.036%$1.9M$913K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05490−0.109%$1.1M$992K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05492−0.073%$1.1M$884K50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05492−0.073%$6.8Mas long as short
Variational Omni POPCAT+0.0100%4h0.05480−0.286%$501K$174Kas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05498+0.034%$244K$489K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05490−0.109%$22K$642K25xas long as short
Extended POPCAT-USDshort+0.0104%1h0.05493−0.057%$97K$440K10x
BloFin POPCAT-USDT+0.0340%4h0.05501+0.091%$124K$282K50xas long as short
Hyperliquid POPCAT+0.1413%1h0.05507+0.200%$2.5M$1.1M3xas long as short