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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.59 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Variational Omni0.000%7-day average +0.102% · you buy dearer than you sell
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)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.760%−$76 · spread now 0.000%, 7d avg +0.102%
Together, before fees−0.760%+ Points / potential airdropVariational Omni: Active · farm board−$76 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.103% cheaper against Variational Omni than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.102%). If the spread goes back, that is −$10 on $10k: about 2.9 days of funding at the current rate (+$4 a day). At the pace of the last 3 days (0.000% in total) that is about years.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni POPCAT0.05583−0.0018get 0.0009% / 4h2h 09m$506K$161K
ShortBitget POPCATUSDT0.055830.0100get 0.0050% / 4h2h 09m$1.2M$940K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
$24.76
Price spread: 0.000% → +0.102%
−$10.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$2.49
Costs to cover
0.120%
Break-even
6.3 days
Slippage unknown: Variational Omni: RFQ quote, 60 min ago; Bitget: live order book, 2 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 Variational Omni RFQ quote, 60 min ago7.94 bpdoesn't fit36.2 bp −$362doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago8.04 bp48.4 bp −$48144.0 bp −$1,440doesn't fitdoesn't fit

POPCAT on 17 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−0.5000%1h0.05524−1.057%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05582−0.017%$110xas long as short
Variational Omni POPCATlong−0.0018%4h0.05583long leg$506K$161K
Lighter POPCAT+0.0096%1h0.05586+0.053%$100K$52K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05588+0.086%$2.3M$6.8M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05575−0.144%$8.8M$6.3M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05584+0.017%$689K$1.5M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05594+0.197%$447K$639K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05586+0.053%$1.8M$976K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05587+0.071%$1.1M$991K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDTshort+0.0100%4h0.055830.000%$1.2M$940K50x
BingX POPCAT-USDT+0.0100%4h0.05582−0.018%$6.8Mas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05607+0.431%$246K$496K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05590+0.125%$22K$657K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05583+0.001%$95K$526K10xas long as short
Kraken Futures PF_POPCATUSD+0.0638%1h0.055830.000%$149K$149K20xas long as short
Hyperliquid POPCAT+0.1066%1h0.05597+0.256%$2.6M$1.0M3xas long as short