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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.052%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days−0.168%−$17 · spread now +0.052%, 7d avg +0.043%
Together, before fees−0.170%−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POPCAT-USDT0.057740.0100pay 0.0050% / 4h3h 01m$6.8M
ShortBitget POPCATUSDT0.057770.0100get 0.0050% / 4h3h 01m$1.2M$924K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.052% → +0.043%
$0.9
Slippage, 4 orders
−$122.78
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$143.88
Costs to cover
1.448%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Bitget: live order book, 4 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 BingX live order book, 1 min ago6.06 bp25.6 bp −$2651.2 bp −$512473.3 bp −$47.3K680.5 bp −$340.3K
Sell Bitget live order book, 4 min ago7.77 bp48.5 bp −$49208.4 bp −$2,084doesn'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−0.4200%1h0.05670−1.801%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1098%1h0.05769−0.095%$155K$144K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05776+0.030%$110xas long as short
Lighter POPCAT+0.0096%1h0.057740.000%$101K$55K10xas long as short
Hyperliquid POPCAT+0.0100%1h0.05778+0.071%$2.7M$1.3M3xas long as short
Binance POPCATUSDT+0.0100%4h0.05779+0.083%$2.6M$7.7M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05765−0.156%$9.2M$7.1M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05773−0.017%$697K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05770−0.069%$435K$515K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05780+0.104%$1.9M$1.1M200xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin POPCATUSDTM+0.0100%4h0.05775+0.017%$1.1M$840K50xas long as short
Bitget POPCATUSDTshort+0.0100%4h0.05777+0.052%$1.2M$924K50x
BingX POPCAT-USDTlong+0.0100%4h0.05774long leg$6.8M
Variational Omni POPCAT+0.0100%4h0.05773−0.016%$489K$174Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05790+0.277%$23K$656K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05773−0.014%$93K$753K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05792+0.312%$131K$325K50xas long as short
GRVT POPCAT_USDT_Perp+0.0426%4h0.05791+0.294%$261K$485K10xas long as short