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 +0.056%
Price spread now: KuCoin against Extended+0.072%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$528as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5495.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.072%, 7d avg +0.072%
Together, before fees+0.148%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POPCAT-USD0.057560.0104pay 0.0013% / 1h9m 18s$94K$746K10x
ShortKuCoin POPCATUSDTM0.057600.0100get 0.0050% / 4h9m 18s$1.1M$992K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.072% → +0.072%
$0
Slippage, 4 orders
−$532.43
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$550.26
Costs to cover
5.494%
Break-even
never at this rate
Slippage from Extended: live order book, 28 min ago; KuCoin: live order book, 6 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, 28 min ago4.34 bp66.3 bp −$66421.9 bp −$4,219doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago11.31 bp176.1 bp −$1761009.7 bp −$10.1Kdoesn'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%1h0.05667−1.544%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05756+0.002%$110xas long as short
Kraken Futures PF_POPCATUSD−0.0161%1h0.05745−0.190%$154K$155K20xas long as short
Lighter POPCAT+0.0096%1h0.05755−0.015%$100K$61K10xas long as short
Variational Omni POPCAT+0.0100%4h0.05738−0.306%$494K$175Kas long as short
Binance POPCATUSDT+0.0100%4h0.05760+0.074%$2.6M$8.0M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05743−0.224%$9.1M$7.6M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05755−0.015%$701K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05756+0.002%$440K$551K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05760+0.072%$1.9M$1.1M200xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin POPCATUSDTMshort+0.0100%4h0.05760+0.072%$1.1M$992K50x
Bitget POPCATUSDT+0.0100%4h0.05756+0.002%$1.2M$1.0M50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05750−0.102%$1.6Mas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05760+0.072%$23K$657K25xas long as short
Extended POPCAT-USDlong+0.0104%1h0.05756long leg$94K$746K10x
GRVT POPCAT_USDT_Perp+0.0168%4h0.05759+0.054%$258K$500K10xas long as short
Hyperliquid POPCAT+0.0227%1h0.05761+0.084%$2.7M$1.4M3xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05764+0.141%$133K$349K50xas long as short