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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.058%
Price spread now: Bitget against KuCoin−0.035%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$638as in the Funding arb table
Net, price: spread back to 7d avg − costs−$615as in the Price arb table
costs, in and out, $10k−$6166.160% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 7 days−0.132%−$13 · spread now −0.035%, 7d avg −0.041%
Together, before fees−0.350%−$35 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POPCATUSDTM0.056650.0100pay 0.0050% / 4h2h 16m$1.1M$1.0M50x
ShortBitget POPCATUSDT0.056630.0100get 0.0050% / 4h2h 16m$1.2M$978K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
Price spread: −0.035% → −0.041%
$0.59
Slippage, 4 orders
−$592.03
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$615.45
Costs to cover
6.160%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 5 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 KuCoin live order book, 3 min ago12.46 bp318.5 bp −$318doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago5.40 bp44.1 bp −$44176.4 bp −$1,764doesn'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−0.4088%1h0.05525−2.471%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05673+0.148%$110xas long as short
Variational Omni POPCAT−0.0070%4h0.05525−2.471%$470K$175Kas long as short
Lighter POPCAT+0.0096%1h0.05671+0.106%$101K$57K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05671+0.108%$2.5M$7.6M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05661−0.071%$8.9M$6.9M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05678+0.229%$690K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05675+0.177%$444K$648K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05673+0.141%$1.8M$1.0M200xas long as short
KuCoin POPCATUSDTMlong+0.0100%4h0.05665long leg$1.1M$1.0M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDTshort+0.0100%4h0.05663−0.035%$1.2M$978K50x
BingX POPCAT-USDT+0.0100%4h0.05666+0.018%$6.8Mas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05623−0.741%$254K$500K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05620−0.794%$22K$654K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05670+0.083%$97K$414K10xas long as short
Hyperliquid POPCAT+0.0187%1h0.05681+0.288%$2.6M$1.4M3xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05645−0.353%$126K$340K50xas long as short
Kraken Futures PF_POPCATUSD+0.0407%1h0.05668+0.054%$150K$155K20xas long as short