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: 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
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+0.026%+$3 · spread now −0.160%, 7d avg −0.168%
Together, before fees−0.192%−$19 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POPCATUSDTM0.056250.0100pay 0.0050% / 4h2h 54m$1.1M$988K50x
ShortBybit POPCATUSDT0.056160.0100get 0.0050% / 4h2h 54m$8.8M$6.7M50x

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 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: −0.160% → −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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago13.31 bp183.3 bp −$183doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.78 bp24.4 bp −$24100.8 bp −$1,008doesn'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%1h0.05570−0.978%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05619−0.101%$110xas long as short
Variational Omni POPCAT−0.0076%4h0.05627+0.027%$506K$148Kas long as short
Lighter POPCAT+0.0096%1h0.05620−0.089%$101K$56K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05623−0.042%$2.5M$7.3M50xas long as short
Bybit POPCATUSDTshort+0.0100%4h0.05616−0.160%$8.8M$6.7M50x
OKX POPCAT-USDT-SWAP+0.0100%4h0.05619−0.107%$688K$1.6M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05626+0.018%$445K$634K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05620−0.089%$1.8M$995K200xas long as short
KuCoin POPCATUSDTMlong+0.0100%4h0.05625long leg$1.1M$988K50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05623−0.036%$1.2M$948K50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05636+0.196%$6.8Mas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05644+0.333%$251K$502K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05630+0.089%$22K$654K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05618−0.120%$97K$405K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05647+0.391%$130K$329K50xas long as short
Hyperliquid POPCAT+0.0362%1h0.05627+0.030%$2.6M$1.1M3xas long as short
Kraken Futures PF_POPCATUSD+0.0411%1h0.05618−0.120%$149K$147K20xas long as short