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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Bybit+0.159%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$960.963% 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+0.038%+$4 · spread now +0.159%, 7d avg +0.157%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POPCATUSDT0.056740.0100pay 0.0050% / 4h39m 12s$9.0M$6.0M50x
ShortMEXC POPCAT_USDT0.056830.0100get 0.0050% / 4h39m 12s$1.9M$931K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: +0.159% → +0.157%
$0.19
Slippage, 4 orders
−$81.26
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$96.07
Costs to cover
0.963%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 2 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 Bybit live order book, 4 min ago3.55 bp28.7 bp −$2984.9 bp −$849doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago5.28 bp14.9 bp −$15121.7 bp −$1,217199.6 bp −$20.0K294.0 bp −$147.0K

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−0.4208%1h0.05594−1.410%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.0959%1h0.05670−0.073%$152K$129K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05679+0.089%$110xas long as short
Lighter POPCAT+0.0096%1h0.05685+0.194%$102K$46K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05687+0.229%$2.4M$6.5M50xas long as short
Bybit POPCATUSDTlong+0.0100%4h0.05674long leg$9.0M$6.0M50x
OKX POPCAT-USDT-SWAP+0.0100%4h0.05679+0.088%$713K$1.5M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05683+0.159%$434K$638K50xas long as short
MEXC POPCAT_USDTshort+0.0100%4h0.05683+0.159%$1.9M$931K200x
KuCoin POPCATUSDTM+0.0100%4h0.05679+0.088%$1.1M$983K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05680+0.106%$1.2M$894K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05682+0.141%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05628−0.814%$513K$178Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05670−0.070%$23K$647K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05680+0.101%$100K$440K10xas long as short
GRVT POPCAT_USDT_Perp+0.0218%4h0.05686+0.203%$256K$473K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05682+0.141%$125K$294K50xas long as short
Hyperliquid POPCAT+0.0551%1h0.05691+0.305%$2.6M$987K3xas long as short