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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h
Price spread now: Lighter against Aster−0.381%7-day average · 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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.381% cheaper against Aster than usual: you would sell low and buy high (spread −0.381% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 40 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster POPMARTUSDT19.7100get 0.0000% / 8h6h 17m$16K$4K20x
ShortLighter POPMART19.6350.0032get 0.0004% / 1h17m 51s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.72
Price spread: −0.381% → 0.000%
−$38.05
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$39.33
Costs to cover
0.080%
Break-even
48.0 days
Slippage unknown: Aster: no order-book sample; Lighter: no order-book sample. 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 Lighter no order-book sample
Aster and Lighter: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX POPMARTUSDC−0.0011%4h19.716+0.030%$199K$234K10xas long as short
Aster POPMARTUSDTlong0.0000%8h19.710long leg$16K$4K20x
Binance POPMARTUSDT0.0000%4h19.710+0.001%$1.4M$390K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.700−0.051%$57K$2K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.700−0.051%$274K$91K20xas long as short
Gate POPMART_USDT0.0000%8h19.762+0.264%$293K$9K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.689−0.107%$477K$83K20xas long as short
HTX POPMART-USDT0.0000%4h19.720+0.051%$7K$4K10xas long as short
Lighter POPMARTshort+0.0032%1h19.635−0.381%10x
KuCoin POPMARTUSDTM+0.0110%4h19.700−0.051%$30K$145K20xas long as short