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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0138%/8h= −15.2% APRnext payment $0.17 per $10,000 · paid last 24h −0.262%
Price spread now: Extended against Hyperliquid−0.089%7-day average −0.202% · 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−0.401%−$40 on $10k
Price spread, last 4 days (all we have)−0.175%−$18 · spread now −0.089%, 7d avg −0.202%
Together, before fees−0.576%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.114% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.089% now, against its 7-day average of −0.202%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid POPCAT0.057470.0242pay 0.0030% / 1h14m 27s$2.7M$1.4M3x
ShortExtended POPCAT-USD0.057410.0104get 0.0013% / 1h14m 27s$94K$746K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$29.05
Price spread: −0.089% → −0.202%
$11.36
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$31.7
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; Extended: live order book, 23 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, 7 min ago1.75 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 23 min ago4.34 bp52.6 bp −$53314.9 bp −$3,149doesn'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−0.5000%1h0.05667−1.383%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05734−0.210%$110xas long as short
Kraken Futures PF_POPCATUSD−0.0162%1h0.05724−0.395%$153K$156K20xas long as short
Lighter POPCAT+0.0096%1h0.05739−0.131%$100K$61K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05748+0.028%$2.6M$8.0M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05731−0.270%$9.1M$7.5M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05744−0.044%$699K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05746−0.009%$441K$549K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05744−0.044%$1.9M$1.1M200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05742−0.078%$1.1M$1.0M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05746−0.009%$1.2M$1.0M50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05738−0.148%$6.9Mas long as short
Variational Omni POPCAT+0.0100%4h0.05722−0.424%$493K$177Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05730−0.287%$22K$657K25xas long as short
Extended POPCAT-USDshort+0.0104%1h0.05741−0.089%$94K$746K10x
GRVT POPCAT_USDT_Perp+0.0136%4h0.05746−0.003%$250K$505K10xas long as short
Hyperliquid POPCATlong+0.0242%1h0.05747long leg$2.7M$1.4M3x
BloFin POPCAT-USDT+0.0340%4h0.05730−0.287%$132K$348K50xas long as short