Funding you earn now, next payment 12:00 UTC−0.0247%/8h= −27.1% APRpaid last 24h −0.060%
Price spread now: Bybit against Binance−0.078%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.427%−$43 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.078% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POPMARTUSDT | 19.715 | 0.0247 | pay 0.0124% / 4h | 3h 01m | $1.4M | $404K | 25x |
| Short | Bybit POPMARTUSDT | 19.700 | 0 | get 0.0000% / 8h | 7h 01m | $57K | $2K | 25x |
Binance POPMARTUSDT
Bybit POPMARTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$51.92
- Price spread: −0.078% → 0.000%
- −$7.75
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$80.67
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 1 min ago; Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 2.54 bp | 24.7 bp −$25 | 86.3 bp −$863 | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX POPMARTUSDC | −0.0226% | 4h | 19.713 | −0.010% | $199K | $235K | 10x | as long as short |
| Aster POPMARTUSDT | 0.0000% | 8h | 19.691 | −0.124% | $16K | $4K | 20x | as long as short |
| Bybit POPMARTUSDTshort | 0.0000% | 8h | 19.700 | −0.078% | $57K | $2K | 25x | |
| OKX POPMART-USDT-SWAP | 0.0000% | 8h | 19.690 | −0.128% | $274K | $94K | 20x | as long as short |
| Gate POPMART_USDT | 0.0000% | 8h | 19.765 | +0.252% | $293K | $10K | 20x | as long as short |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.690 | −0.128% | $476K | $86K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.770 | +0.278% | $7K | $4K | 10x | as long as short |
| Lighter POPMART | +0.0032% | 1h | 19.635 | −0.407% | — | — | 10x | as long as short |
| Binance POPMARTUSDTlong | +0.0247% | 4h | 19.715 | long leg | $1.4M | $404K | 25x | |
| KuCoin POPMARTUSDTM | +0.0290% | 4h | 19.700 | −0.078% | $30K | $91K | 20x | as long as short |
edgeX POPMARTUSDC
Aster POPMARTUSDT
OKX POPMART-USDT-SWAP
Gate POPMART_USDT
Bitget POPMARTUSDT
HTX POPMART-USDT
Lighter POPMART
KuCoin POPMARTUSDTM