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

POPCAT

all POPCAT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.015%
Price spread now: Extended against GRVT+0.422%112s7-day average −0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2322.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.139%−$14 on $10k
Price spread, last 3 days (all we have)−0.793%−$79 · spread now +0.422%, 7d avg −0.173%
Together, before fees−0.933%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$93 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.595% dearer against GRVT than usual: you sell high and buy low, +$60 on $10k if it goes back to its 7-day average of −0.173%. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT POPCAT_USDT_Perp0.055440.0100pay 0.0050% / 4h53m 43s$245K$468K10x
ShortExtended POPCAT-USD0.055680.0104get 0.0013% / 1h53m 43s$98K$440K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GRVT. 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: +0.422% → −0.173%
$59.55
Slippage, 4 orders
−$218.04
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$171.65
Costs to cover
2.320%
Break-even
1437.4 days
Slippage from GRVT: live order book, 24 min ago; Extended: live order book, 24 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 GRVT live order book, 24 min ago8.18 bp70.8 bp −$7114914.6 bp −$149.1Kdoesn't fitdoesn't fit
Sell Extended live order book, 24 min ago2.73 bp59.6 bp −$60359.6 bp −$3,596doesn'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%1h0.05471−1.322%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.0980%1h0.05548+0.072%$145K$117K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05571+0.473%$110xas long as short
Lighter POPCAT+0.0096%1h0.05566+0.392%$101K$45K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05570+0.469%$2.3M$6.4M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05558+0.247%$8.9M$5.9M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05572+0.500%$695K$1.4M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05560+0.284%$438K$610K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05565+0.374%$1.9M$918K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05563+0.338%$1.1M$980K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05551+0.121%$1.2M$894K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05565+0.374%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05536−0.145%$508K$174Kas long as short
GRVT POPCAT_USDT_Perplong+0.0100%4h0.05544long leg$245K$468K10x
ApeX Omni POPCATUSDT+0.0100%1h0.05540−0.077%$22K$647K25xas long as short
Extended POPCAT-USDshort+0.0104%1h0.05568+0.422%$98K$440K10x
BloFin POPCAT-USDT+0.0340%4h0.05549+0.085%$123K$286K50xas long as short
Hyperliquid POPCAT+0.0626%1h0.05580+0.650%$2.6M$987K3xas long as short