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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0522%/8h= −57.2% APRpaid last 24h −0.281%
Price spread now: BingX against Hyperliquid−0.191%7-day average −0.180% · you buy dearer than you sell
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−0.399%−$40 on $10k
Price spread, last 7 days+0.060%+$6 · spread now −0.191%, 7d avg −0.180%
Together, before fees−0.339%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.180%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid POPCAT0.057070.0622pay 0.0078% / 1h33m 09s$2.7M$1.0M3x
ShortBingX POPCAT-USDT0.056960.0100get 0.0050% / 4h3h 33m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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
−$109.69
Price spread: −0.191% → −0.180%
−$1.08
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$129.77
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; BingX: live order book, 4 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 Hyperliquid live order book, 8 min ago2.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago6.16 bp26.1 bp −$2659.8 bp −$598530.7 bp −$53.1K823.4 bp −$411.7K

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−0.4864%1h0.05579−2.241%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05698−0.156%$110xas long as short
Variational Omni POPCAT−0.0072%4h0.05672−0.620%$511K$163Kas long as short
Lighter POPCAT+0.0096%1h0.05700−0.121%$102K$56K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05706−0.015%$2.5M$7.1M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05692−0.261%$9.0M$6.6M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05691−0.279%$698K$1.6M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05700−0.121%$447K$633K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05703−0.068%$1.8M$991K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05699−0.138%$1.1M$980K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05699−0.138%$1.2M$942K50xas long as short
BingX POPCAT-USDTshort+0.0100%4h0.05696−0.191%$6.7M
GRVT POPCAT_USDT_Perp+0.0100%4h0.05700−0.127%$254K$502K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05690−0.296%$22K$654K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05697−0.167%$99K$525K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05690−0.296%$130K$330K50xas long as short
Kraken Futures PF_POPCATUSD+0.0505%1h0.05699−0.143%$152K$145K20xas long as short
Hyperliquid POPCATlong+0.0622%1h0.05707long leg$2.7M$1.0M3x