POPCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.93 per $10,000 · paid last 24h +0.066%

Price spread now: KuCoin against Variational Omni+0.456%7-day average +0.146% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.171%+$17 on $10k

Price spread, last 4 days (all we have)−0.528%−$53 · spread now +0.456%, 7d avg +0.146%

Together, before fees−0.357%+ Points / potential airdropVariational Omni: Active · farm board−$36 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.310% dearer against Variational Omni than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.146%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni POPCAT	0.05571	−0.0086	get 0.0043% / 4h	2h 36m	$474K	$175K	—
Short	KuCoin POPCATUSDTM	0.05596	0.0100	get 0.0050% / 4h	2h 36m	$1.1M	$996K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee KuCoinbpOrdersPrice spread, now +0.456%Rate

Funding earned: $39.06
Price spread: +0.456% → +0.146%: $31.03
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $58.09
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 13 min ago; KuCoin: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 13 min ago	7.13 bp	doesn't fit	82.0 bp −$820	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	9.90 bp	224.0 bp −$224	1016.6 bp −$10.2K	doesn't fit	doesn't fit

POPCAT on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective POPCAT/USDC PERP	−0.4088%	1h	0.05504	−1.195%	$3K	$2K	5.5x	as long as short
Reya POPCATRUSDPERP	−0.0228%	1h	0.05589	+0.329%	$1	—	10x	as long as short
Variational Omni POPCATlong	−0.0086%	4h	0.05571	long leg	$474K	$175K	—
Lighter POPCAT	+0.0096%	1h	0.05591	+0.367%	$100K	$56K	10x	as long as short
Binance POPCATUSDT	+0.0100%	4h	0.05600	+0.519%	$2.4M	$7.3M	50x	as long as short
Bybit POPCATUSDT	+0.0100%	4h	0.05588	+0.313%	$8.8M	$6.7M	50x	as long as short
OKX POPCAT-USDT-SWAP	+0.0100%	4h	0.05587	+0.295%	$681K	$1.6M	20x	as long as short
Gate POPCAT_USDT	+0.0100%	4h	0.05600	+0.528%	$444K	$636K	50x	as long as short
MEXC POPCAT_USDT	+0.0100%	4h	0.05594	+0.420%	$1.8M	$997K	200x	as long as short
KuCoin POPCATUSDTMshort	+0.0100%	4h	0.05596	+0.456%	$1.1M	$996K	50x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget POPCATUSDT	+0.0100%	4h	0.05589	+0.331%	$1.2M	$951K	50x	as long as short
BingX POPCAT-USDT	+0.0100%	4h	0.05592	+0.385%	—	$6.8M	—	as long as short
GRVT POPCAT_USDT_Perp	+0.0100%	4h	0.05561	−0.181%	$247K	$502K	10x	as long as short
ApeX Omni POPCATUSDT	+0.0100%	1h	0.05560	−0.190%	$22K	$654K	25x	as long as short
Extended POPCAT-USD	+0.0104%	1h	0.05589	+0.323%	$91K	$411K	10x	as long as short
Hyperliquid POPCAT	+0.0160%	1h	0.05602	+0.562%	$2.6M	$1.1M	3x	as long as short
BloFin POPCAT-USDT	+0.0340%	4h	0.05574	+0.061%	$129K	$326K	50x	as long as short
Kraken Futures PF_POPCATUSD	+0.0413%	1h	0.05591	+0.371%	$149K	$146K	20x	as long as short