POPCAT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.024%

Price spread now: KuCoin against Lighter0.000%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$462as in the Funding arb table

Net, price: spread back to 7d avg − costs−$440as in the Price arb table

costs, in and out, $10k−$4424.416% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.202%−$20 on $10k

Price spread, last 4 days (all we have)−0.214%−$21 · spread now 0.000%, 7d avg −0.015%

Together, before fees−0.416%+ Points / potential airdropLighter: Season 3 · farm board−$42 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter POPCAT	0.05658	0.0096	pay 0.0012% / 1h	21m 46s	$102K	$46K	10x
Short	KuCoin POPCATUSDTM	0.05658	0.0100	get 0.0050% / 4h	3h 21m	$1.1M	$989K	50x

Funding history

latest

Range statsloading…

KuCoin against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Slippage from Lighter: live order book, 24 min ago; KuCoin: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 24 min ago	17.70 bp	18.5 bp −$19	89.8 bp −$898	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	8.83 bp	177.8 bp −$178	864.2 bp −$8,642	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective POPCAT/USDC PERP	−0.4945%	1h	0.05301	−6.310%	$3K	$2K	5.5x	as long as short
Kraken Futures PF_POPCATUSD	−0.0392%	1h	0.05665	+0.132%	$151K	$142K	20x	as long as short
Reya POPCATRUSDPERP	−0.0228%	1h	0.05655	−0.059%	$1	—	10x	as long as short
Lighter POPCATlong	+0.0096%	1h	0.05658	long leg	$102K	$46K	10x
Binance POPCATUSDT	+0.0100%	4h	0.05657	−0.015%	$2.3M	$6.6M	50x	as long as short
Bybit POPCATUSDT	+0.0100%	4h	0.05646	−0.212%	$9.0M	$6.1M	50x	as long as short
OKX POPCAT-USDT-SWAP	+0.0100%	4h	0.05656	−0.035%	$703K	$1.5M	20x	as long as short
Gate POPCAT_USDT	+0.0100%	4h	0.05659	+0.018%	$456K	$647K	50x	as long as short
MEXC POPCAT_USDT	+0.0100%	4h	0.05655	−0.053%	$1.9M	$951K	200x	as long as short
KuCoin POPCATUSDTMshort	+0.0100%	4h	0.05658	0.000%	$1.1M	$989K	50x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget POPCATUSDT	+0.0100%	4h	0.05652	−0.106%	$1.2M	$928K	50x	as long as short
BingX POPCAT-USDC	+0.0100%	4h	0.05649	−0.159%	—	$1.6M	—	as long as short
Variational Omni POPCAT	+0.0100%	4h	0.05657	−0.016%	$513K	$165K	—	as long as short
ApeX Omni POPCATUSDT	+0.0100%	1h	0.05660	+0.035%	$23K	$651K	25x	as long as short
Extended POPCAT-USD	+0.0104%	1h	0.05650	−0.142%	$97K	$527K	10x	as long as short
GRVT POPCAT_USDT_Perp	+0.0334%	4h	0.05678	+0.353%	$254K	$473K	10x	as long as short
BloFin POPCAT-USDT	+0.0340%	4h	0.05661	+0.053%	$125K	$297K	50x	as long as short
Hyperliquid POPCAT	+0.1427%	1h	0.05668	+0.179%	$2.6M	$982K	3x	as long as short