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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.156%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.860% 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 7 days+0.014%+$1 · spread now +0.156%, 7d avg +0.163%
Together, before fees+0.015%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POPCATUSDT0.057530.0100pay 0.0050% / 4h42m 54s$9.1M$7.5M50x
ShortBinance POPCATUSDT0.057620.0100get 0.0050% / 4h42m 54s$2.6M$8.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.156% → +0.163%
−$0.62
Slippage, 4 orders
−$64.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$86.6
Costs to cover
0.860%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 11 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 Bybit live order book, 5 min ago3.47 bp19.0 bp −$1945.6 bp −$456doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.49 bp22.2 bp −$2271.3 bp −$713doesn'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%1h0.05683−1.217%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05763+0.174%$110xas long as short
Kraken Futures PF_POPCATUSD−0.0161%1h0.05744−0.158%$154K$158K20xas long as short
Lighter POPCAT+0.0096%1h0.05759+0.104%$102K$59K10xas long as short
Variational Omni POPCAT+0.0096%4h0.05770+0.293%$496K$181Kas long as short
Binance POPCATUSDTshort+0.0100%4h0.05762+0.156%$2.6M$8.0M50x
Bybit POPCATUSDTlong+0.0100%4h0.05753long leg$9.1M$7.5M50x
OKX POPCAT-USDT-SWAP+0.0100%4h0.05758+0.087%$700K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05760+0.122%$442K$545K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05764+0.191%$1.9M$1.1M200xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin POPCATUSDTM+0.0100%4h0.05768+0.261%$1.1M$1.0M50xas long as short
Bitget POPCATUSDT+0.0100%4h0.05764+0.191%$1.2M$1.0M50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05763+0.174%$1.6Mas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05770+0.295%$23K$658K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05759+0.103%$95K$409K10xas long as short
GRVT POPCAT_USDT_Perp+0.0196%4h0.05776+0.399%$251K$515K10xas long as short
Hyperliquid POPCAT+0.0335%1h0.05768+0.257%$2.7M$1.4M3xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05779+0.452%$133K$366K50xas long as short