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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended−0.027%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1621.618% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.027%, 7d avg +0.042%
Together, before fees+0.149%+ Points / potential airdropExtended: Active · farm board+$15 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: Bitget is 0.069% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended POPCAT-USD0.054860.0104pay 0.0013% / 1h12m 02s$97K$440K10x
ShortBitget POPCATUSDT0.054850.0100get 0.0050% / 4h2h 12m$1.1M$885K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: −0.027% → +0.042%
−$6.87
Slippage, 4 orders
−$144.77
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$169.47
Costs to cover
1.618%
Break-even
never at this rate
Slippage from Extended: live order book, 11 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 11 min ago2.72 bp43.2 bp −$43293.5 bp −$2,935doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago7.28 bp19.8 bp −$2068.2 bp −$682doesn'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−0.4569%1h0.05454−0.592%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.1071%1h0.05473−0.238%$139K$114K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05487+0.018%$110xas long as short
Lighter POPCAT+0.0096%1h0.05487+0.010%$100K$45K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05488+0.032%$2.3M$6.3M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05480−0.118%$8.8M$5.8M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05486−0.009%$674K$1.4M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05490+0.064%$416K$673K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05488+0.028%$1.9M$920K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05495+0.155%$1.1M$992K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDTshort+0.0100%4h0.05485−0.027%$1.1M$885K50x
BingX POPCAT-USDC+0.0100%4h0.05484−0.045%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05499+0.224%$503K$173Kas long as short
GRVT POPCAT_USDT_Perp+0.0100%4h0.05516+0.533%$245K$489K10xas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05500+0.246%$22K$645K25xas long as short
Extended POPCAT-USDlong+0.0104%1h0.05486long leg$97K$440K10x
BloFin POPCAT-USDT+0.0340%4h0.05499+0.228%$124K$285K50xas long as short
Hyperliquid POPCAT+0.1390%1h0.05499+0.230%$2.5M$1.1M3xas long as short