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

POPCAT

all POPCAT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0864%/8h= +94.6% APRnext payment +$1.08 per $10,000 · paid last 24h +0.046%
Price spread now: Kraken Futures against Reya+0.020%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$26 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya POPCATRUSDPERP0.05601−0.0228get 0.0029% / 1h56m 07s$110x
ShortKraken Futures PF_POPCATUSD0.056020.0636get 0.0080% / 1h56m 07s$149K$144K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. 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
$181.5
Price spread: +0.020% → 0.000%
$1.97
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$167.47
Costs to cover
0.160%
Break-even
0.5 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 11 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 Reya no order-book sample
Sell Kraken Futures live order book, 11 min ago14.08 bp44.0 bp −$44doesn't fitdoesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.05568−0.582%$3K$2K5.5xas long as short
Reya POPCATRUSDPERPlong−0.0228%1h0.05601long leg$110x
Lighter POPCAT+0.0096%1h0.05599−0.029%$101K$46K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05598−0.046%$2.3M$6.8M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05586−0.261%$8.8M$6.2M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05598−0.047%$692K$1.5M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05590−0.190%$449K$620K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05603+0.043%$1.8M$955K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05604+0.060%$1.1M$989K50xas long as short
Bitget POPCATUSDT+0.0100%4h0.05597−0.065%$1.2M$936K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX POPCAT-USDT+0.0100%4h0.05597−0.065%$6.8Mas long as short
Variational Omni POPCAT+0.0100%4h0.05585−0.285%$507K$163Kas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05652+0.917%$255K$473K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05650+0.882%$22K$653K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05596−0.075%$95K$525K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05623+0.400%$125K$296K50xas long as short
Kraken Futures PF_POPCATUSDshort+0.0636%1h0.05602+0.020%$149K$144K20x
Hyperliquid POPCAT+0.1180%1h0.05606+0.098%$2.6M$974K3xas long as short