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

POPMART

RWAall POPMART markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0173%/8h= +18.9% APRpaid last 24h +0.016%
Price spread now: edgeX against Bitget−0.119%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3293.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.491%+$49 on $10k
Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.119%, 7d avg −0.013%
Together, before fees+0.666%+ Points / potential airdropedgeX: Active · farm board+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.106% cheaper against Bitget than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.013%). If the spread goes back, that is −$11 on $10k: about 2.0 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget POPMARTUSDT19.7450get 0.0000% / 8h2h 50m$480K$85K20x
ShortedgeX POPMARTUSDC19.7210.0173get 0.0086% / 4h2h 50m$199K$235K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$36.33
Price spread: −0.119% → −0.013%
−$10.59
Slippage, 4 orders
−$308.14
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$303.4
Costs to cover
3.291%
Break-even
65.5 days
Slippage from Bitget: live order book, 55 min ago; edgeX: live order book, 61 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 Bitget live order book, 55 min ago8.62 bp47.8 bp −$4881.1 bp −$811doesn't fitdoesn't fit
Sell edgeX live order book, 61 min ago15.20 bp132.2 bp −$132doesn't fitdoesn'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
Binance POPMARTUSDT0.0000%4h19.730−0.076%$1.4M$408K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.720−0.127%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.710−0.177%$275K$94K20xas long as short
Gate POPMART_USDT0.0000%8h19.755+0.051%$292K$16K20xas long as short
Bitget POPMARTUSDTlong0.0000%8h19.745long leg$480K$85K20x
HTX POPMART-USDT0.0000%4h19.730−0.076%$7K$6K10xas long as short
Lighter POPMART+0.0032%1h19.740−0.025%10xas long as short
KuCoin POPMARTUSDTM+0.0100%4h19.740−0.025%$30K$43K20xas long as short
edgeX POPMARTUSDCshort+0.0173%4h19.721−0.119%$199K$235K10x
Aster POPMARTUSDT+0.0198%8h19.741−0.021%$16K$4K20xas long as short