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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Bybit+0.145%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$900.897% 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+0.029%+$3 · spread now +0.145%, 7d avg +0.156%
Together, before fees+0.030%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POPCATUSDT0.055060.0100pay 0.0050% / 4h2h 20m$8.8M$5.8M50x
ShortMEXC POPCAT_USDT0.055140.0100get 0.0050% / 4h2h 20m$1.9M$920K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.145% → +0.156%
−$1.06
Slippage, 4 orders
−$74.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$90.71
Costs to cover
0.897%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 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 Bybit live order book, 2 min ago0.91 bp29.9 bp −$30111.5 bp −$1,115doesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago5.44 bp14.6 bp −$1560.5 bp −$605127.0 bp −$12.7K261.9 bp −$131.0K

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%1h0.05454−0.944%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1064%1h0.05508+0.032%$140K$114K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05514+0.141%$110xas long as short
Lighter POPCAT+0.0096%1h0.05515+0.163%$100K$45K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05516+0.182%$2.3M$6.3M50xas long as short
Bybit POPCATUSDTlong+0.0100%4h0.05506long leg$8.8M$5.8M50x
OKX POPCAT-USDT-SWAP+0.0100%4h0.05516+0.182%$678K$1.4M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05508+0.036%$418K$673K50xas long as short
MEXC POPCAT_USDTshort+0.0100%4h0.05514+0.145%$1.9M$920K200x
KuCoin POPCATUSDTM+0.0100%4h0.05514+0.145%$1.1M$992K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.055060.000%$1.2M$884K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05513+0.127%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05506+0.006%$502K$174Kas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05518+0.213%$245K$489K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05500−0.109%$22K$645K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05513+0.124%$97K$440K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05511+0.091%$123K$285K50xas long as short
Hyperliquid POPCAT+0.1412%1h0.05526+0.361%$2.6M$1.1M3xas long as short