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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.008%
Price spread now: Aster against Bybit+0.032%7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.032% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POPMARTUSDT19.6700get 0.0000% / 8h7h 45m$57K$3K25x
ShortAster POPMARTUSDT19.6760.0039get 0.0039% / 8h7h 45m$16K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$8.13
Price spread: +0.032% → 0.000%
$3.24
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$7.62
Costs to cover
0.190%
Break-even
13.6 days
Slippage unknown: Bybit: no order-book sample; Aster: 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 Bybit no order-book sample
Sell Aster no order-book sample
Bybit and Aster: 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
edgeX POPMARTUSDC−0.0097%4h19.702+0.162%$199K$235K10xas long as short
Bybit POPMARTUSDTlong0.0000%8h19.670long leg$57K$3K25x
OKX POPMART-USDT-SWAP0.0000%8h19.680+0.051%$273K$94K20xas long as short
Gate POPMART_USDT0.0000%8h19.727+0.290%$292K$9K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.674+0.020%$476K$88K20xas long as short
HTX POPMART-USDT0.0000%4h19.820+0.763%$7K$5K10xas long as short
Lighter POPMART+0.0032%1h19.635−0.178%10xas long as short
Aster POPMARTUSDTshort+0.0039%8h19.676+0.032%$16K$4K20x
KuCoin POPMARTUSDTM+0.0426%4h19.720+0.254%$30K$47K20xas long as short
Binance POPMARTUSDT+0.0478%4h19.700+0.153%$1.4M$398K25xas long as short