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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against BloFin0.000%80s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$598as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$6156.151% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now 0.000%, 7d avg +0.012%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.168%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin POPCAT-USDT0.057440.0340pay 0.0170% / 4h17m 49s$134K$349K50x
ShortKuCoin POPCATUSDTM0.057440.0100get 0.0050% / 4h17m 49s$1.1M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$50.4
Price spread: 0.000% → +0.012%
−$1.21
Slippage, 4 orders
−$591.11
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$666.72
Costs to cover
6.151%
Break-even
never at this rate
Slippage from BloFin: live order book, 62 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 BloFin live order book, 62 min ago11.26 bp29.8 bp −$3065.3 bp −$653doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago9.62 bp220.6 bp −$2211105.8 bp −$11.1Kdoesn'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−0.5000%1h0.05683−1.062%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05741−0.046%$110xas long as short
Kraken Futures PF_POPCATUSD−0.0161%1h0.05737−0.124%$154K$156K20xas long as short
Variational Omni POPCAT+0.0096%4h0.05701−0.757%$491K$179Kas long as short
Lighter POPCAT+0.0096%1h0.05737−0.122%$100K$61K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05743−0.017%$2.6M$8.0M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05733−0.192%$9.1M$7.6M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05739−0.087%$698K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.057440.000%$441K$548K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05746+0.035%$1.9M$1.1M200xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin POPCATUSDTMshort+0.0100%4h0.057440.000%$1.1M$1.0M50x
Bitget POPCATUSDT+0.0100%4h0.05733−0.192%$1.2M$1.0M50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05739−0.087%$1.6Mas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05720−0.418%$22K$657K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05742−0.034%$94K$746K10xas long as short
GRVT POPCAT_USDT_Perp+0.0136%4h0.05723−0.366%$249K$505K10xas long as short
Hyperliquid POPCAT+0.0249%1h0.05746+0.033%$2.7M$1.4M3xas long as short
BloFin POPCAT-USDTlong+0.0340%4h0.05744long leg$134K$349K50x