POPCAT

Alert

Funding spread now, next payment 16:00 UTC+0.2081%/8h

paid, last 24h+0.146%paid, last 7 days+0.226%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.226% in total (about 11.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC POPCAT_USDT	0.05644	0.0100	pay 0.0050% / 4h	46m 01s	$1.8M	$701K	200x
Short	Hyperliquid POPCAT	0.05660	0.2181	get 0.0273% / 1h	46m 01s	$2.6M	$882K	3x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee HyperliquidbpOrdersRate

Funding earned: $437.01
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $424.01
Break-even: 0.2 days

Slippage unknown: MEXC: live order book, 1 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.285%
Avg gap 7d: +0.100%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	4.43 bp	14.2 bp −$14	71.3 bp −$713	145.8 bp −$14.6K	278.4 bp −$139.2K
Sell Hyperliquid live order book, 6 min ago	1.78 bp	20.8 bp −$21	doesn't fit	doesn't fit	doesn't fit

POPCAT on 17 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective POPCAT/USDC PERP	−0.4449%	1h	$3K	$27K	5.5x	as long as short
Reya POPCATRUSDPERP	−0.0228%	1h	$1	—	10x	as long as short
BloFin POPCAT-USDT	+0.0071%	4h	$132K	$188K	50x	as long as short
Binance POPCATUSDT	+0.0100%	4h	$2.4M	$5.0M	50x	as long as short
Bybit POPCATUSDT	+0.0100%	4h	$8.9M	$5.2M	50x	as long as short
OKX POPCAT-USDT-SWAP	+0.0100%	4h	$698K	$1.3M	20x	as long as short
Gate POPCAT_USDT	+0.0100%	4h	$443K	$717K	50x	as long as short
MEXC POPCAT_USDTlong	+0.0100%	4h	$1.8M	$701K	200x
Bitget POPCATUSDT	+0.0100%	4h	$1.2M	$670K	50x	as long as short
BingX POPCAT-USDC	+0.0100%	4h	—	$1.6M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni POPCAT	+0.0100%	4h	$507K	$157K	—	as long as short
ApeX Omni POPCATUSDT	+0.0100%	1h	$25K	$624K	25x	as long as short
Extended POPCAT-USD	+0.0104%	1h	$99K	$436K	10x	as long as short
KuCoin POPCATUSDTM	+0.0166%	4h	$1.1M	$961K	50x	as long as short
Kraken Futures PF_POPCATUSD	+0.0370%	1h	$136K	$97K	20x	as long as short
Lighter POPCAT	+0.1648%	1h	$99K	$39K	10x	as long as short
Hyperliquid POPCATshort	+0.2181%	1h	$2.6M	$882K	3x