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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Bitget+0.049%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1171.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.210%+$21 · spread now +0.049%, 7d avg +0.041%
Together, before fees+0.211%+$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget POPCATUSDT0.056510.0100pay 0.0050% / 4h1h 12m$1.2M$940K50x
ShortBinance POPCATUSDT0.056540.0100get 0.0050% / 4h1h 12m$2.4M$6.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.049% → +0.041%
$0.78
Slippage, 4 orders
−$95.44
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$116.66
Costs to cover
1.174%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 11 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 Bitget live order book, 4 min ago6.18 bp40.4 bp −$40133.2 bp −$1,332doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago5.29 bp26.7 bp −$2782.4 bp −$824doesn'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−0.4257%1h0.05587−1.133%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05649−0.031%$110xas long as short
Variational Omni POPCAT−0.0080%4h0.05649−0.037%$510K$163Kas long as short
Lighter POPCAT+0.0096%1h0.05653+0.035%$101K$51K10xas long as short
Binance POPCATUSDTshort+0.0100%4h0.05654+0.049%$2.4M$6.9M50x
Bybit POPCATUSDT+0.0100%4h0.05640−0.195%$8.9M$6.4M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05647−0.071%$699K$1.5M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05653+0.035%$446K$638K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05654+0.053%$1.8M$959K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05656+0.088%$1.1M$985K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDTlong+0.0100%4h0.05651long leg$1.2M$940K50x
BingX POPCAT-USDT+0.0100%4h0.05645−0.106%$6.7Mas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05670+0.336%$22K$649K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05644−0.119%$96K$526K10xas long as short
GRVT POPCAT_USDT_Perp+0.0154%4h0.05675+0.418%$251K$493K10xas long as short
Kraken Futures PF_POPCATUSD+0.0294%1h0.05632−0.333%$150K$147K20xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05665+0.248%$126K$327K50xas long as short
Hyperliquid POPCAT+0.0842%1h0.05663+0.218%$2.6M$997K3xas long as short