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

POPCAT

all POPCAT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0328%/8h= +35.9% APRnext payment +$0.41 per $10,000 · paid last 24h +0.098%
Price spread now: ApeX Omni against Reya+0.040%63s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and ApeX Omni is 0.040% dearer against Reya than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya POPCATRUSDPERP0.05498−0.0228get 0.0029% / 1h16m 02s$110x
ShortApeX Omni POPCATUSDT0.055000.0100get 0.0013% / 1h16m 02s$22K$645K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
$68.94
Price spread: +0.040% → 0.000%
$4.03
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$56.96
Costs to cover
0.160%
Break-even
1.2 days
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 67 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 Reya no order-book sample
Sell ApeX Omni live order book, 67 min ago27.20 bp53.5 bp −$54doesn't fitdoesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3374%1h0.05443−0.996%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.0931%1h0.05488−0.179%$143K$118K20xas long as short
Reya POPCATRUSDPERPlong−0.0228%1h0.05498long leg$110x
Lighter POPCAT+0.0096%1h0.05496−0.032%$100K$45K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05504+0.113%$2.3M$6.3M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05488−0.178%$8.8M$5.9M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05498+0.004%$682K$1.4M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05489−0.160%$432K$674K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05504+0.113%$1.9M$926K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05498+0.004%$1.1M$992K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05498+0.004%$1.1M$893K50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05494−0.069%$6.8Mas long as short
Variational Omni POPCAT+0.0100%4h0.05488−0.172%$504K$174Kas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05504+0.112%$243K$468K10xas long as short
ApeX Omni POPCATUSDTshort+0.0100%1h0.05500+0.040%$22K$645K25x
Extended POPCAT-USD+0.0104%1h0.05497−0.007%$97K$440K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05499+0.022%$123K$282K50xas long as short
Hyperliquid POPCAT+0.0841%1h0.05512+0.251%$2.5M$1.1M3xas long as short