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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against ApeX Omni−0.395%88s7-day average −0.136% · 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 3 days (all we have)−0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.265%+$26 · spread now −0.395%, 7d avg −0.136%
Together, before fees+0.262%+ Points / potential airdropVariational Omni: Active · farm board+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.259% cheaper against ApeX Omni than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.136%. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni POPCATUSDT0.055000.0100pay 0.0013% / 1h8m 10s$22K$645K25x
ShortVariational Omni POPCAT0.054780.0100get 0.0050% / 4h1h 08m$504K$174K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX 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
$0
Price spread: −0.395% → −0.136%
−$25.9
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$35.9
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 10 min ago; Variational Omni: RFQ quote, 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 ApeX Omni live order book, 10 min ago18.18 bp38.6 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 11 min ago10.02 bpdoesn't fit106.6 bp −$1,066doesn'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−0.3374%1h0.05443−1.036%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.0932%1h0.05482−0.320%$143K$118K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05492−0.154%$110xas long as short
Lighter POPCAT+0.0096%1h0.05492−0.145%$100K$45K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05495−0.091%$2.3M$6.3M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05482−0.327%$8.8M$5.9M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05490−0.182%$681K$1.4M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05486−0.255%$432K$674K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05497−0.055%$1.9M$929K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05495−0.091%$1.1M$982K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05488−0.218%$1.1M$893K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05487−0.236%$1.6Mas long as short
Variational Omni POPCATshort+0.0100%4h0.05478−0.395%$504K$174K
GRVT POPCAT_USDT_Perp+0.0100%4h0.05503+0.055%$243K$468K10xas long as short
ApeX Omni POPCATUSDTlong+0.0100%1h0.05500long leg$22K$645K25x
Extended POPCAT-USD+0.0104%1h0.05491−0.166%$97K$440K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05496−0.073%$123K$283K50xas long as short
Hyperliquid POPCAT+0.0887%1h0.05504+0.069%$2.5M$1.1M3xas long as short