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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0479%/8h= −52.4% APRnext payment $0.60 per $10,000 · paid last 24h −0.280%
Price spread now: Extended against Hyperliquid−0.108%7-day average −0.206% · 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−0.392%−$39 on $10k
Price spread, last 4 days (all we have)−0.131%−$13 · spread now −0.108%, 7d avg −0.206%
Together, before fees−0.522%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.098% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.108% now, against its 7-day average of −0.206%): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.392% in total) that is about 42 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid POPCAT0.056900.0583pay 0.0073% / 1h28m 45s$2.7M$1.0M3x
ShortExtended POPCAT-USD0.056840.0104get 0.0013% / 1h28m 45s$98K$526K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$100.49
Price spread: −0.108% → −0.206%
$9.79
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$104.69
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Extended: live order book, 24 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, 2 min ago0.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 24 min ago4.41 bp72.4 bp −$72387.3 bp −$3,873doesn'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−0.4864%1h0.05632−1.014%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05701+0.198%$110xas long as short
Variational Omni POPCAT−0.0075%4h0.05695+0.093%$513K$164Kas long as short
Lighter POPCAT+0.0096%1h0.05684−0.100%$102K$56K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05691+0.018%$2.5M$7.2M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05671−0.329%$8.9M$6.6M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05681−0.153%$700K$1.6M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05690+0.005%$446K$633K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05687−0.047%$1.8M$992K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05695+0.093%$1.1M$982K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05687−0.047%$1.2M$943K50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05686−0.065%$6.7Mas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05720+0.530%$255K$502K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05710+0.357%$22K$654K25xas long as short
Extended POPCAT-USDshort+0.0104%1h0.05684−0.108%$98K$526K10x
BloFin POPCAT-USDT+0.0340%4h0.05709+0.339%$130K$332K50xas long as short
Kraken Futures PF_POPCATUSD+0.0505%1h0.05696+0.102%$152K$147K20xas long as short
Hyperliquid POPCATlong+0.0583%1h0.05690long leg$2.7M$1.0M3x