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 0.000%
Price spread now: Bybit against OKX−0.106%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.041%+$4 · spread now −0.106%, 7d avg −0.095%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POPCAT-USDT-SWAP0.056460.0100pay 0.0050% / 4h3h 08m$693K$1.6M20x
ShortBybit POPCATUSDT0.056400.0100get 0.0050% / 4h3h 08m$8.9M$6.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: −0.106% → −0.095%
−$1.17
Slippage, 4 orders
−$81.37
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$103.53
Costs to cover
1.024%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: 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 OKX live order book, 4 min ago5.29 bp31.0 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.77 bp20.9 bp −$2197.4 bp −$974doesn'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−0.4864%1h0.05611−0.620%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05645−0.026%$110xas long as short
Variational Omni POPCAT−0.0129%4h0.05661+0.274%$509K$164Kas long as short
Lighter POPCAT+0.0096%1h0.056460.000%$101K$56K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05650+0.074%$2.5M$7.2M50xas long as short
Bybit POPCATUSDTshort+0.0100%4h0.05640−0.106%$8.9M$6.7M50x
OKX POPCAT-USDT-SWAPlong+0.0100%4h0.05646long leg$693K$1.6M20x
Gate POPCAT_USDT+0.0100%4h0.05640−0.106%$445K$638K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05651+0.089%$1.8M$999K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05645−0.018%$1.1M$988K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05647+0.018%$1.2M$945K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05636−0.177%$1.6Mas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05683+0.655%$253K$502K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05680+0.602%$22K$655K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05646−0.004%$97K$286K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05653+0.124%$130K$329K50xas long as short
Kraken Futures PF_POPCATUSD+0.0509%1h0.05648+0.035%$150K$146K20xas long as short
Hyperliquid POPCAT+0.0541%1h0.05650+0.073%$2.7M$1.1M3xas long as short