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+0.0138%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.262%
Price spread now: Hyperliquid against Extended+0.089%7-day average +0.202% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.401%+$40 on $10k
Price spread, last 4 days (all we have)+0.175%+$18 · spread now +0.089%, 7d avg +0.202%
Together, before fees+0.576%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.114% cheaper against Extended than usual: you would sell low and buy high (spread +0.089% now, against its 7-day average of +0.202%). If the spread goes back, that is −$11 on $10k: about 2.7 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POPCAT-USD0.057410.0104pay 0.0013% / 1h14m 30s$94K$746K10x
ShortHyperliquid POPCAT0.057470.0242get 0.0030% / 1h14m 30s$2.7M$1.4M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$29.05
Price spread: +0.089% → +0.202%
−$11.35
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$3.7
Costs to cover
0.140%
Break-even
6.1 days
Slippage unknown: Extended: live order book, 23 min ago; Hyperliquid: live order book, 7 min ago. Net counts fees only.

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, 23 min ago4.34 bp66.3 bp −$66421.9 bp −$4,219doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago1.75 bpdoesn't fitdoesn't fitdoesn'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%1h0.05667−1.296%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05734−0.121%$110xas long as short
Kraken Futures PF_POPCATUSD−0.0162%1h0.05724−0.306%$153K$156K20xas long as short
Lighter POPCAT+0.0096%1h0.05739−0.042%$100K$61K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05748+0.117%$2.6M$8.0M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05731−0.181%$9.1M$7.5M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05744+0.045%$699K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05746+0.080%$441K$549K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05744+0.045%$1.9M$1.1M200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05742+0.010%$1.1M$1.0M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05746+0.080%$1.2M$1.0M50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05738−0.059%$6.9Mas long as short
Variational Omni POPCAT+0.0100%4h0.05722−0.336%$493K$177Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05730−0.199%$22K$657K25xas long as short
Extended POPCAT-USDlong+0.0104%1h0.05741long leg$94K$746K10x
GRVT POPCAT_USDT_Perp+0.0136%4h0.05746+0.085%$250K$505K10xas long as short
Hyperliquid POPCATshort+0.0242%1h0.05747+0.089%$2.7M$1.4M3x
BloFin POPCAT-USDT+0.0340%4h0.05730−0.199%$132K$348K50xas long as short