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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.095%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1761.756% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.095%, 7d avg +0.075%
Together, before fees+0.032%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POPCAT-USD0.057320.0104pay 0.0013% / 1h16m 12s$94K$746K10x
ShortBinance POPCATUSDT0.057370.0100get 0.0050% / 4h16m 12s$2.6M$8.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: +0.095% → +0.075%
$1.99
Slippage, 4 orders
−$160.59
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$174.45
Costs to cover
1.756%
Break-even
never at this rate
Slippage from Extended: live order book, 21 min ago; Binance: live order book, 8 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 Extended live order book, 21 min ago4.34 bp66.3 bp −$66421.9 bp −$4,219doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.75 bp25.8 bp −$26113.2 bp −$1,132doesn'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−0.5000%1h0.05667−1.135%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05748+0.276%$110xas long as short
Kraken Futures PF_POPCATUSD−0.0162%1h0.05722−0.175%$153K$156K20xas long as short
Variational Omni POPCAT+0.0096%4h0.05701−0.550%$491K$179Kas long as short
Lighter POPCAT+0.0096%1h0.05730−0.036%$100K$61K10xas long as short
Binance POPCATUSDTshort+0.0100%4h0.05737+0.095%$2.6M$8.0M50x
Bybit POPCATUSDT+0.0100%4h0.05727−0.088%$9.1M$7.6M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05734+0.034%$698K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05740+0.139%$440K$548K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05734+0.034%$1.9M$1.1M200xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin POPCATUSDTM+0.0100%4h0.05738+0.104%$1.1M$1.0M50xas long as short
Bitget POPCATUSDT+0.0100%4h0.05734+0.034%$1.2M$1.0M50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05730−0.036%$6.9Mas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05730−0.036%$22K$657K25xas long as short
Extended POPCAT-USDlong+0.0104%1h0.05732long leg$94K$746K10x
GRVT POPCAT_USDT_Perp+0.0136%4h0.05746+0.249%$250K$505K10xas long as short
Hyperliquid POPCAT+0.0241%1h0.05737+0.085%$2.7M$1.4M3xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05756+0.418%$133K$350K50xas long as short