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: Bybit against KuCoin−0.160%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$448as in the Funding arb table
Net, price: spread back to 7d avg − costs−$425as in the Price arb table
costs, in and out, $10k−$4264.259% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.160%, 7d avg −0.168%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin POPCATUSDTM | 0.05625 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $1.1M | $988K | 50x |
| Short | Bybit POPCATUSDT | 0.05616 | 0.0100 | get 0.0050% / 4h | 2h 54m | $8.8M | $6.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.160% → −0.168%
- $0.84
- Slippage, 4 orders
- −$402.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$425.04
- Costs to cover
- 4.259%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 13.31 bp | 183.3 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.78 bp | 24.4 bp −$24 | 100.8 bp −$1,008 | doesn't fit | doesn't fit |
POPCAT on 18 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective POPCAT/USDC PERP | −0.4088% | 1h | 0.05570 | −0.978% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05619 | −0.101% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | −0.0076% | 4h | 0.05627 | +0.027% | $506K | $148K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05620 | −0.089% | $101K | $56K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05623 | −0.042% | $2.5M | $7.3M | 50x | as long as short |
| Bybit POPCATUSDTshort | +0.0100% | 4h | 0.05616 | −0.160% | $8.8M | $6.7M | 50x | |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05619 | −0.107% | $688K | $1.6M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05626 | +0.018% | $445K | $634K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05620 | −0.089% | $1.8M | $995K | 200x | as long as short |
| KuCoin POPCATUSDTMlong | +0.0100% | 4h | 0.05625 | long leg | $1.1M | $988K | 50x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05623 | −0.036% | $1.2M | $948K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05636 | +0.196% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05644 | +0.333% | $251K | $502K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05630 | +0.089% | $22K | $654K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05618 | −0.120% | $97K | $405K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05647 | +0.391% | $130K | $329K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0362% | 1h | 0.05627 | +0.030% | $2.6M | $1.1M | 3x | as long as short |
| Kraken Futures PF_POPCATUSD | +0.0411% | 1h | 0.05618 | −0.120% | $149K | $147K | 20x | as long as short |
KuCoin POPCATUSDTM
Bybit POPCATUSDT
Injective POPCAT/USDC PERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
Bitget POPCATUSDT
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT
Kraken Futures PF_POPCATUSD