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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.4388%/8h= −480.5% APRnext payment $5.49 per $10,000 · paid last 24h −1.342%
Price spread now: Injective against ApeX Omni−1.707%7-day average · 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 7 days−4.989%−$499 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$132 a day on $10k at the current rate, and Injective is 1.707% cheaper against ApeX Omni than usual: you would sell low and buy high (−$171 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POPCATUSDT0.057400.0100pay 0.0013% / 1h22m 53s$22K$655K25x
ShortInjective POPCAT/USDC PERP0.05642−0.4288pay 0.0536% / 1h22m 53s$3K$2K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against ApeX 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
−$921.56
Price spread: −1.707% → 0.000%
−$170.73
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,102.31
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 20 min ago; Injective: no order-book sample. 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 ApeX Omni live order book, 20 min ago17.42 bp37.9 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 PERPshort−0.4288%1h0.05642−1.707%$3K$2K5.5x
Reya POPCATRUSDPERP−0.0228%1h0.05761+0.363%$110xas long as short
Variational Omni POPCAT+0.0020%4h0.05767+0.479%$497K$180Kas long as short
Lighter POPCAT+0.0096%1h0.05762+0.383%$102K$59K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05770+0.523%$2.6M$7.9M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05764+0.418%$9.2M$7.3M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05762+0.383%$700K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05790+0.871%$447K$575K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05766+0.453%$1.9M$1.0M200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05823+1.446%$1.2M$1.0M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05760+0.348%$1.2M$1.0M50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05757+0.296%$1.6Mas long as short
ApeX Omni POPCATUSDTlong+0.0100%1h0.05740long leg$22K$655K25x
Extended POPCAT-USD+0.0104%1h0.05761+0.364%$94K$381K10xas long as short
GRVT POPCAT_USDT_Perp+0.0256%4h0.05763+0.402%$263K$524K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05769+0.505%$131K$360K50xas long as short
Kraken Futures PF_POPCATUSD+0.0392%1h0.05751+0.186%$151K$158K20xas long as short
Hyperliquid POPCAT+0.0531%1h0.05768+0.490%$2.7M$1.4M3xas long as short