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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0445%/8h= −48.8% APRpaid last 24h
Price spread now: Lighter against Binance−0.330%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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Lighter is 0.330% cheaper against Binance than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POPMARTUSDT19.7000.0477pay 0.0239% / 4h3h 43m$1.4M$398K25x
ShortLighter POPMART19.6350.0032get 0.0004% / 1h43m 22s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$93.53
Price spread: −0.330% → 0.000%
−$32.99
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$136.52
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 4 min ago; 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 Binance live order book, 4 min ago2.54 bp20.3 bp −$2084.1 bp −$841doesn't fitdoesn't fit
Sell Lighter no order-book sample
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 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
Bybit POPMARTUSDT0.0000%8h19.670−0.152%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.680−0.102%$273K$93K20xas long as short
Gate POPMART_USDT0.0000%8h19.727+0.137%$292K$9K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.674−0.132%$476K$88K20xas long as short
HTX POPMART-USDT0.0000%4h19.820+0.609%$7K$5K10xas long as short
Aster POPMARTUSDT+0.0028%8h19.678−0.113%$16K$4K20xas long as short
Lighter POPMARTshort+0.0032%1h19.635−0.330%10x
KuCoin POPMARTUSDTM+0.0418%4h19.7000.000%$30K$51K20xas long as short
Binance POPMARTUSDTlong+0.0477%4h19.700long leg$1.4M$398K25x
edgeX POPMARTUSDC+0.0517%4h19.703+0.017%$199K$235K10xas long as short