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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.257%
Price spread now: Bybit against Hyperliquid−0.268%7-day average −0.263% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.411%−$41 on $10k
Price spread, last 7 days+0.062%+$6 · spread now −0.268%, 7d avg −0.263%
Together, before fees−0.350%+ Points / potential airdropHyperliquid: Season 2 · farm board−$35 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid POPCAT0.057140.0100pay 0.0013% / 1h52m 51s$2.7M$1.4M3x
ShortBybit POPCATUSDT0.056990.0100get 0.0050% / 4h3h 52m$9.0M$7.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Hyperliquid. 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: −0.268% → −0.263%
−$0.44
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$20.44
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago2.44 bp26.6 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago4.38 bp19.9 bp −$2077.3 bp −$773doesn'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%1h0.05655−1.038%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1111%1h0.05700−0.246%$153K$155K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05713−0.017%$110xas long as short
Lighter POPCAT+0.0096%1h0.05709−0.093%$99K$55K10xas long as short
Variational Omni POPCAT+0.0100%4h0.05718+0.066%$484K$180Kas long as short
Hyperliquid POPCATlong+0.0100%1h0.05714long leg$2.7M$1.4M3x
Binance POPCATUSDT+0.0100%4h0.05716+0.030%$2.5M$7.9M50xas long as short
Bybit POPCATUSDTshort+0.0100%4h0.05699−0.268%$9.0M$7.6M50x
OKX POPCAT-USDT-SWAP+0.0100%4h0.05714−0.005%$694K$1.7M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05706−0.145%$435K$448K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC POPCAT_USDT+0.0100%4h0.05715+0.012%$1.9M$1.1M200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05707−0.128%$1.1M$860K50xas long as short
Bitget POPCATUSDT+0.0100%4h0.05703−0.198%$1.2M$1.0M50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05704−0.180%$6.8Mas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05715+0.012%$258K$480K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05690−0.425%$22K$655K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05713−0.030%$92K$745K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05703−0.198%$132K$340K50xas long as short