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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.056%
Price spread now: KuCoin against Extended+0.059%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$440as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4614.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.059%, 7d avg +0.071%
Together, before fees+0.151%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POPCAT-USD0.057550.0104pay 0.0013% / 1h57m 52s$95K$384K10x
ShortKuCoin POPCATUSDTM0.057580.0100get 0.0050% / 4h1h 57m$1.1M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.059% → +0.071%
−$1.14
Slippage, 4 orders
−$443.85
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$462.83
Costs to cover
4.608%
Break-even
never at this rate
Slippage from Extended: live order book, 50 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 Extended live order book, 50 min ago2.67 bp79.3 bp −$79419.7 bp −$4,197doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago8.77 bp160.0 bp −$160828.4 bp −$8,284doesn'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−0.4288%1h0.05642−1.956%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05759+0.082%$110xas long as short
Variational Omni POPCAT−0.0067%4h0.05720−0.593%$486K$176Kas long as short
Lighter POPCAT+0.0096%1h0.05750−0.080%$102K$57K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05751−0.062%$2.5M$7.7M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05746−0.149%$9.0M$7.0M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05749−0.097%$697K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05756+0.025%$447K$569K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05758+0.059%$1.9M$1.0M200xas long as short
KuCoin POPCATUSDTMshort+0.0100%4h0.05758+0.059%$1.1M$1.0M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05751−0.062%$1.2M$1.0M50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05750−0.080%$1.6Mas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05730−0.427%$22K$654K25xas long as short
Extended POPCAT-USDlong+0.0104%1h0.05755long leg$95K$384K10x
Hyperliquid POPCAT+0.0201%1h0.05759+0.084%$2.7M$1.4M3xas long as short
GRVT POPCAT_USDT_Perp+0.0300%4h0.05742−0.224%$249K$511K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05748−0.114%$130K$347K50xas long as short
Kraken Futures PF_POPCATUSD+0.0391%1h0.05753−0.033%$153K$155K20xas long as short