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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.216%
Price spread now: Hyperliquid against KuCoin+0.093%7-day average +0.097% · you sell dearer than you buy
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+0.193%+$19 on $10k
Price spread, last 7 days−0.018%−$2 · spread now +0.093%, 7d avg +0.097%
Together, before fees+0.175%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POPCATUSDTM0.057250.0100pay 0.0050% / 4h3h 22m$1.1M$844K50x
ShortHyperliquid POPCAT0.057300.0100get 0.0013% / 1h22m 18s$2.7M$1.4M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.093% → +0.097%
−$0.43
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$21.43
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 9 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 KuCoin live order book, 3 min ago9.69 bp196.7 bp −$197doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago3.29 bpdoesn't fitdoesn't fitdoesn'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−0.4200%1h0.05620−1.834%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1110%1h0.05708−0.301%$153K$149K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05723−0.033%$110xas long as short
Lighter POPCAT+0.0096%1h0.05719−0.105%$100K$55K10xas long as short
Hyperliquid POPCATshort+0.0100%1h0.05730+0.093%$2.7M$1.4M3x
Binance POPCATUSDT+0.0100%4h0.05727+0.033%$2.5M$7.9M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05716−0.157%$9.1M$7.5M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05722−0.052%$693K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05715−0.175%$421K$492K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.057250.000%$1.9M$1.1M200xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin POPCATUSDTMlong+0.0100%4h0.05725long leg$1.1M$844K50x
Bitget POPCATUSDT+0.0100%4h0.05721−0.070%$1.2M$975K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05717−0.140%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05628−1.687%$477K$174Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05630−1.659%$22K$653K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05723−0.038%$96K$748K10xas long as short
GRVT POPCAT_USDT_Perp+0.0114%4h0.05671−0.943%$248K$477K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05688−0.646%$131K$343K50xas long as short