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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0611%/8h= +66.9% APRpaid last 24h +0.012%
Price spread now: edgeX against Aster+0.108%70s7-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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and edgeX is 0.108% dearer against Aster 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 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster POPMARTUSDT19.6890.0091pay 0.0091% / 8h2h 02m$16K$4K20x
ShortedgeX POPMARTUSDC19.7100.0702get 0.0351% / 4h2h 02m$199K$235K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
$128.39
Price spread: +0.108% → 0.000%
$10.81
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$122.2
Costs to cover
0.170%
Break-even
0.3 days
Slippage unknown: Aster: no order-book sample; edgeX: live order book, 45 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 Aster no order-book sample
Sell edgeX live order book, 45 min ago15.20 bp50.2 bp −$50doesn't fitdoesn't fitdoesn't fit
Aster: 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.

POPMART on 10 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
Binance POPMARTUSDT0.0000%4h19.700+0.058%$1.4M$409K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.700+0.058%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.690+0.007%$275K$96K20xas long as short
Gate POPMART_USDT0.0000%8h19.748+0.302%$292K$16K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.700+0.058%$479K$85K20xas long as short
HTX POPMART-USDT0.0000%4h19.750+0.312%$7K$5K10xas long as short
Lighter POPMART+0.0032%1h19.664−0.125%10xas long as short
Aster POPMARTUSDTlong+0.0091%8h19.689long leg$16K$4K20x
KuCoin POPMARTUSDTM+0.0100%4h19.680−0.043%$30K$37K20xas long as short
edgeX POPMARTUSDCshort+0.0702%4h19.710+0.108%$199K$235K10x