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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.115%
Price spread now: KuCoin against BingX+0.088%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$552as in the Price arb table
costs, in and out, $10k−$5535.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.088%, 7d avg +0.084%
Together, before fees+0.084%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POPCAT-USDC0.056600.0100pay 0.0050% / 4h3h 37m$1.6M
ShortKuCoin POPCATUSDTM0.056650.0100get 0.0050% / 4h3h 37m$1.1M$988K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.088% → +0.084%
$0.48
Slippage, 4 orders
−$530.96
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$552.48
Costs to cover
5.530%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 7 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 BingX live order book, 4 min ago13.27 bp78.7 bp −$79294.1 bp −$2,941437.5 bp −$43.7K881.3 bp −$440.6K
Sell KuCoin live order book, 7 min ago4.42 bp178.1 bp −$178861.3 bp −$8,613doesn'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−0.4945%1h0.05301−6.343%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.0392%1h0.05663+0.056%$151K$142K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05662+0.033%$110xas long as short
Lighter POPCAT+0.0096%1h0.05663+0.053%$102K$46K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05665+0.088%$2.4M$6.7M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05650−0.177%$9.0M$6.1M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05663+0.053%$704K$1.5M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.056600.000%$457K$647K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05664+0.071%$1.9M$942K200xas long as short
KuCoin POPCATUSDTMshort+0.0100%4h0.05665+0.088%$1.1M$988K50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05662+0.035%$1.2M$931K50xas long as short
BingX POPCAT-USDClong+0.0100%4h0.05660long leg$1.6M
Variational Omni POPCAT+0.0100%4h0.05636−0.431%$512K$169Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.056600.000%$23K$652K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05662+0.032%$97K$527K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05666+0.106%$125K$298K50xas long as short
GRVT POPCAT_USDT_Perp+0.0648%4h0.05673+0.230%$254K$493K10xas long as short
Hyperliquid POPCAT+0.1201%1h0.05679+0.334%$2.6M$1.0M3xas long as short