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
Funding, last 7 days—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POPMARTUSDT | 19.700 | 0.0477 | pay 0.0239% / 4h | 3h 43m | $1.4M | $398K | 25x |
| Short | Lighter POPMART | 19.635 | 0.0032 | get 0.0004% / 1h | 43m 22s | — | — | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 4 min ago | 2.54 bp | 20.3 bp −$20 | 84.1 bp −$841 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit POPMARTUSDT | 0.0000% | 8h | 19.670 | −0.152% | $57K | $3K | 25x | as long as short |
| OKX POPMART-USDT-SWAP | 0.0000% | 8h | 19.680 | −0.102% | $273K | $93K | 20x | as long as short |
| Gate POPMART_USDT | 0.0000% | 8h | 19.727 | +0.137% | $292K | $9K | 20x | as long as short |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.674 | −0.132% | $476K | $88K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.820 | +0.609% | $7K | $5K | 10x | as long as short |
| Aster POPMARTUSDT | +0.0028% | 8h | 19.678 | −0.113% | $16K | $4K | 20x | as long as short |
| Lighter POPMARTshort | +0.0032% | 1h | 19.635 | −0.330% | — | — | 10x | |
| KuCoin POPMARTUSDTM | +0.0418% | 4h | 19.700 | 0.000% | $30K | $51K | 20x | as long as short |
| Binance POPMARTUSDTlong | +0.0477% | 4h | 19.700 | long leg | $1.4M | $398K | 25x | |
| edgeX POPMARTUSDC | +0.0517% | 4h | 19.703 | +0.017% | $199K | $235K | 10x | as long as short |
Binance POPMARTUSDT
Lighter POPMART
Bybit POPMARTUSDT
OKX POPMART-USDT-SWAP
Gate POPMART_USDT
Bitget POPMARTUSDT
HTX POPMART-USDT
Aster POPMARTUSDT
KuCoin POPMARTUSDTM
edgeX POPMARTUSDC