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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0711%/8h= +77.8% APRpaid last 24h +0.016%
Price spread now: edgeX against Bybit+0.190%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 7 days+0.503%+$50 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and edgeX is 0.190% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POPMARTUSDT19.6300get 0.0000% / 8h37m 27s$57K$3K25x
ShortedgeX POPMARTUSDC19.6670.0711get 0.0355% / 4h37m 27s$199K$234K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$149.21
Price spread: +0.190% → 0.000%
$18.99
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$148.2
Costs to cover
0.200%
Break-even
0.0 days
Slippage unknown: Bybit: no order-book sample; edgeX: live order book, 65 min ago. 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 edgeX live order book, 65 min ago12.72 bp50.7 bp −$51doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit POPMARTUSDTlong0.0000%8h19.630long leg$57K$3K25x
OKX POPMART-USDT-SWAP0.0000%8h19.660+0.153%$272K$98K20xas long as short
Gate POPMART_USDT0.0000%8h19.723+0.474%$292K$10K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.634+0.020%$476K$91K20xas long as short
HTX POPMART-USDT0.0000%4h19.680+0.255%$7K$5K10xas long as short
Lighter POPMART+0.0032%1h19.614−0.082%10xas long as short
Aster POPMARTUSDT+0.0114%8h19.649+0.098%$16K$4K20xas long as short
Binance POPMARTUSDT+0.0217%4h19.680+0.255%$1.4M$457K25xas long as short
KuCoin POPMARTUSDTM+0.0230%4h19.640+0.051%$30K$24K20xas long as short
edgeX POPMARTUSDCshort+0.0711%4h19.667+0.190%$199K$234K10x