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

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.151%
Price spread now: KuCoin against MEXC0.000%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$444as in the Price arb table
costs, in and out, $10k−$4434.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.217%+$22 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now 0.000%, 7d avg +0.010%
Together, before fees+0.109%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC POPCAT_USDT0.056320.0100pay 0.0050% / 4h13m 34s$1.8M$941K200x
ShortKuCoin POPCATUSDTM0.056320.0100get 0.0050% / 4h13m 34s$1.1M$986K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: 0.000% → +0.010%
−$1.04
Slippage, 4 orders
−$426.69
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$443.73
Costs to cover
4.427%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 1 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 MEXC live order book, 3 min ago6.21 bp12.4 bp −$1266.1 bp −$661141.1 bp −$14.1K268.7 bp −$134.4K
Sell KuCoin live order book, 1 min ago8.88 bp177.5 bp −$178831.9 bp −$8,319doesn'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−0.4208%1h0.05563−1.225%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.0966%1h0.05626−0.098%$147K$139K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05627−0.089%$110xas long as short
Lighter POPCAT+0.0096%1h0.05631−0.018%$101K$46K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05634+0.036%$2.4M$6.6M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05626−0.107%$9.0M$6.1M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05631−0.018%$701K$1.5M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05630−0.036%$429K$645K50xas long as short
MEXC POPCAT_USDTlong+0.0100%4h0.05632long leg$1.8M$941K200x
KuCoin POPCATUSDTMshort+0.0100%4h0.056320.000%$1.1M$986K50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05629−0.053%$1.2M$920K50xas long as short
BingX POPCAT-USDT+0.0100%4h0.056320.000%$6.8Mas long as short
Variational Omni POPCAT+0.0100%4h0.05623−0.157%$511K$173Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05630−0.036%$23K$648K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05631−0.014%$99K$440K10xas long as short
GRVT POPCAT_USDT_Perp+0.0136%4h0.05639+0.124%$256K$483K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05639+0.124%$126K$295K50xas long as short
Hyperliquid POPCAT+0.0561%1h0.05641+0.156%$2.6M$1.0M3xas long as short