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 04:00 UTC+0.0328%/8h= +35.9% APRnext payment +$0.41 per $10,000 · paid last 24h +0.098%
Price spread now: ApeX Omni against Reya+0.110%63s7-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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and ApeX Omni is 0.110% dearer against Reya than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya POPCATRUSDPERP0.05594−0.0228get 0.0029% / 1h35m 54s$110x
ShortApeX Omni POPCATUSDT0.056000.0100get 0.0013% / 1h35m 54s$22K$653K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$68.94
Price spread: +0.110% → 0.000%
$11.01
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$63.95
Costs to cover
0.160%
Break-even
0.5 days
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 22 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 ApeX Omni live order book, 22 min ago17.89 bp32.4 bp −$32doesn'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−0.4247%1h0.05526−1.213%$3K$2K5.5xas long as short
Reya POPCATRUSDPERPlong−0.0228%1h0.05594long leg$110x
Variational Omni POPCAT−0.0056%4h0.05581−0.238%$505K$162Kas long as short
Lighter POPCAT+0.0096%1h0.05598+0.074%$100K$51K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05604+0.182%$2.4M$6.9M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05587−0.122%$8.8M$6.4M50xas long as short
OKX POPCAT-USDT-SWAP+0.0100%4h0.05591−0.051%$693K$1.5M20xas long as short
Gate POPCAT_USDT+0.0100%4h0.05600+0.110%$443K$635K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05595+0.021%$1.8M$960K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05600+0.110%$1.1M$981K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05600+0.110%$1.2M$939K50xas long as short
BingX POPCAT-USDT+0.0100%4h0.05589−0.087%$6.7Mas long as short
ApeX Omni POPCATUSDTshort+0.0100%1h0.05600+0.110%$22K$653K25x
Extended POPCAT-USD+0.0104%1h0.055940.000%$95K$525K10xas long as short
GRVT POPCAT_USDT_Perp+0.0140%4h0.05626+0.578%$248K$502K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05622+0.503%$125K$325K50xas long as short
Kraken Futures PF_POPCATUSD+0.0579%1h0.05596+0.034%$149K$146K20xas long as short
Hyperliquid POPCAT+0.1203%1h0.05606+0.226%$2.6M$1.0M3xas long as short