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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.3% APRnext payment +$0.97 per $10,000 · paid last 24h +0.066%
Price spread now: KuCoin against Variational Omni−0.107%7-day average +0.146% · 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 4 days (all we have)+0.171%+$17 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.107%, 7d avg +0.146%
Together, before fees+0.206%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.253% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of +0.146%). If the spread goes back, that is −$25 on $10k: about 4.3 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni POPCAT0.05622−0.0094get 0.0047% / 4h2h 47m$506K$148K
ShortKuCoin POPCATUSDTM0.056160.0100get 0.0050% / 4h2h 47m$1.1M$987K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
$40.81
Price spread: −0.107% → +0.146%
−$25.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$3.52
Costs to cover
0.120%
Break-even
6.4 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; KuCoin: live order book, 3 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 Variational Omni RFQ quote, 2 min ago7.13 bpdoesn't fit82.0 bp −$820doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago9.77 bp185.1 bp −$185727.3 bp −$7,273doesn'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−0.4088%1h0.05563−1.050%$3K$2K5.5xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05608−0.248%$110xas long as short
Variational Omni POPCATlong−0.0094%4h0.05622long leg$506K$148K
Lighter POPCAT+0.0096%1h0.05614−0.143%$101K$56K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05612−0.178%$2.5M$7.3M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05601−0.374%$8.8M$6.7M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05610−0.214%$687K$1.6M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05620−0.036%$445K$635K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05611−0.196%$1.8M$995K200xas long as short
KuCoin POPCATUSDTMshort+0.0100%4h0.05616−0.107%$1.1M$987K50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05611−0.196%$1.2M$950K50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05608−0.249%$6.8Mas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05644+0.385%$251K$502K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05640+0.320%$22K$654K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05608−0.245%$97K$405K10xas long as short
Hyperliquid POPCAT+0.0302%1h0.05614−0.143%$2.6M$1.1M3xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05614−0.143%$128K$327K50xas long as short
Kraken Futures PF_POPCATUSD+0.0411%1h0.05617−0.090%$149K$146K20xas long as short