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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.086%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1861.864% 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)+0.045%+$4 · spread now +0.086%, 7d avg +0.075%
Together, before fees+0.036%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POPCAT-USD0.056120.0104pay 0.0013% / 1h5m 27s$99K$440K10x
ShortBinance POPCATUSDT0.056170.0100get 0.0050% / 4h5m 27s$2.3M$6.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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: +0.086% → +0.075%
$1.08
Slippage, 4 orders
−$171.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$186.13
Costs to cover
1.864%
Break-even
never at this rate
Slippage from Extended: live order book, 7 min ago; Binance: live order book, 3 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 Extended live order book, 7 min ago2.67 bp57.0 bp −$57374.6 bp −$3,746doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago2.66 bp23.9 bp −$2480.0 bp −$800doesn'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−0.4208%1h0.05563−0.876%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.0967%1h0.05619+0.124%$147K$139K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05614+0.028%$110xas long as short
Lighter POPCAT+0.0096%1h0.05614+0.033%$101K$46K10xas long as short
Binance POPCATUSDTshort+0.0100%4h0.05617+0.086%$2.3M$6.6M50x
Bybit POPCATUSDT+0.0100%4h0.05605−0.127%$8.9M$6.1M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05614+0.033%$699K$1.5M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05610−0.038%$428K$645K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05619+0.122%$1.8M$942K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05616+0.069%$1.1M$986K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05609−0.056%$1.2M$923K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05607−0.092%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05602−0.177%$510K$172Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05630+0.318%$23K$649K25xas long as short
Extended POPCAT-USDlong+0.0104%1h0.05612long leg$99K$440K10x
GRVT POPCAT_USDT_Perp+0.0136%4h0.05634+0.388%$245K$493K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05629+0.300%$125K$294K50xas long as short
Hyperliquid POPCAT+0.0640%1h0.05627+0.259%$2.6M$1.0M3xas long as short