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

POPMART

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.064%
Price spread now: Bitget against Binance−0.020%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.462%−$46 on $10k
Price spread, last 2 days (all we have)+0.059%+$6 · spread now −0.020%, 7d avg +0.005%
Together, before fees−0.403%−$40 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 0.025% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POPMARTUSDT19.8850get 0.0000% / 4h3h 05m$1.4M$508K25x
ShortBitget POPMARTUSDT19.8810get 0.0000% / 8h7h 05m$466K$73K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.020% → +0.005%
−$2.55
Slippage, 4 orders
−$103.56
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$128.1
Costs to cover
1.256%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 60 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 Binance live order book, 12 min ago2.51 bp18.4 bp −$18117.1 bp −$1,171doesn't fitdoesn't fit
Sell Bitget live order book, 60 min ago9.56 bp66.4 bp −$66130.0 bp −$1,300doesn't fitdoesn't fit

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
edgeX POPMARTUSDC−0.0201%4h19.894+0.046%$201K$235K10xas long as short
Aster POPMARTUSDT0.0000%8h19.898+0.067%$17K$59020xas long as short
Binance POPMARTUSDTlong0.0000%4h19.885long leg$1.4M$508K25x
Bybit POPMARTUSDT0.0000%8h19.880−0.025%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.860−0.126%$282K$86K20xas long as short
Gate POPMART_USDT0.0000%8h19.892+0.035%$293K$16K20xas long as short
Bitget POPMARTUSDTshort0.0000%8h19.881−0.020%$466K$73K20x
HTX POPMART-USDT0.0000%4h19.890+0.025%$7K$8K10xas long as short
Lighter POPMART+0.0032%1h19.687−0.996%10xas long as short
KuCoin POPMARTUSDTM+0.0100%4h19.880−0.025%$31K$51K20xas long as short