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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h
Price spread now: Lighter against Bybit−0.213%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
Funding pays, the price is against you. Lighter is 0.213% cheaper against Bybit than usual: you would sell low and buy high (spread −0.213% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 22 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POPMARTUSDT19.6800get 0.0000% / 8h1h 54m$57K$3K25x
ShortLighter POPMART19.6380.0032get 0.0004% / 1h54m 12s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.72
Price spread: −0.213% → 0.000%
−$21.34
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$25.62
Costs to cover
0.110%
Break-even
33.7 days
Slippage unknown: Bybit: no order-book sample; 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 Bybit no order-book sample
Sell Lighter no order-book sample
Bybit and 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
Binance POPMARTUSDT0.0000%4h19.695+0.078%$1.4M$408K25xas long as short
Bybit POPMARTUSDTlong0.0000%8h19.680long leg$57K$3K25x
OKX POPMART-USDT-SWAP0.0000%8h19.690+0.051%$275K$96K20xas long as short
Gate POPMART_USDT0.0000%8h19.748+0.346%$292K$11K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.686+0.030%$479K$85K20xas long as short
HTX POPMART-USDT0.0000%4h19.760+0.407%$7K$5K10xas long as short
Lighter POPMARTshort+0.0032%1h19.638−0.213%10x
Aster POPMARTUSDT+0.0080%8h19.669−0.056%$16K$4K20xas long as short
KuCoin POPMARTUSDTM+0.0100%4h19.6800.000%$30K$36K20xas long as short
edgeX POPMARTUSDC+0.0611%4h19.701+0.109%$199K$234K10xas long as short