Funding arb · Price arb / Crypto
POPCAT
All POPCAT markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03566 | +0.0100 | pay 0.0050% / 4h | 7m 46s | $155K | $395K | 10x | Long GRVT | |
| SHORT | 0.03564 | +0.0100 | get 0.0050% / 4h | 7m 46s | $1.1M | $445K | 25x | Short KuCoin |
Price gap−0.056%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.049% under its 7d average: the price leg works against you, −$5 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$350.0000% /8h now · paid −0.349% over the last 7D
Price−$5spread −0.056% now, avg −0.008% → −0.049% if it goes back
Costs−$3933.926% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.056%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPOPCAT on 16 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size26.2 / 293.5 bpAt $10k entering KuCoin costs 293.5 bp, fee and slippage, 11.2× GRVT’s.
- Note: Margin at max leverage$1,000 + $400GRVT 10x, KuCoin 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long GRVT: 6 payments, −$3.00; short KuCoin: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.056% vs −0.008%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$155K vs $1.1M OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCGRVT No · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0166%/8h × 21 periods−$34.88
Price spread−0.056% → −0.008% (7d avg)−$4.86
Slippage, 4 orderslive order books−$371.61
Fee GRVT bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$432.35
Costs to cover3.926%Break-evennever at this rate
Slippage: GRVT: live order book, 36 min ago; KuCoin: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT8.5226.2 bp−$26doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKuCoin4.21293.5 bp−$294doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
MEXC