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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Gate+0.033%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2722.719% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.033%, 7d avg +0.018%
Together, before fees−0.061%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POPCAT_USDT0.054900.0100pay 0.0050% / 4h2h 47m$416K$673K50x
ShortExtended POPCAT-USD0.054920.0104get 0.0013% / 1h47m 20s$97K$440K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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: +0.033% → +0.018%
$1.47
Slippage, 4 orders
−$251.92
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$269.62
Costs to cover
2.719%
Break-even
2253.8 days
Slippage from Gate: live order book, 38 min ago; Extended: live order book, 40 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 Gate live order book, 38 min ago9.96 bp57.5 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 40 min ago2.71 bp77.8 bp −$78419.0 bp −$4,190doesn'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−0.4569%1h0.05442−0.874%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1069%1h0.05484−0.101%$140K$114K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05492+0.044%$110xas long as short
Lighter POPCAT+0.0096%1h0.05493+0.055%$100K$45K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05494+0.076%$2.3M$6.3M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05487−0.055%$8.8M$5.8M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05494+0.073%$675K$1.4M20xas long as short
Gate POPCAT_USDTlong+0.0100%4h0.05490long leg$416K$673K50x
MEXC POPCAT_USDT+0.0100%4h0.05496+0.109%$1.9M$908K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05498+0.146%$1.1M$992K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05489−0.018%$1.1M$884K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05493+0.055%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05486−0.072%$503K$174Kas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05505+0.273%$244K$501K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05500+0.182%$22K$639K25xas long as short
Extended POPCAT-USDshort+0.0104%1h0.05492+0.033%$97K$440K10x
BloFin POPCAT-USDT+0.0340%4h0.05493+0.055%$125K$281K50xas long as short
Hyperliquid POPCAT+0.1741%1h0.05502+0.220%$2.5M$1.1M3xas long as short