Funding you earn now, next payment 04:00 UTC−0.0107%/8h= −11.7% APRnext payment −$0.54 per $10,000 · paid last 24h +0.107%
Price spread now: Binance against edgeX−0.032%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1431.432% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.032%, 7d avg +0.010%
=Together, before fees+0.086%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.042% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX POPMARTUSDC | 19.736 | 0.1070 | pay 0.0535% / 4h | 19m 28s | $200K | $235K | 10x |
| Short | Binance POPMARTUSDT | 19.730 | 0.0963 | get 0.0481% / 4h | 19m 28s | $1.4M | $408K | 25x |
edgeX POPMARTUSDC
Binance POPMARTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$22.49
- Price spread: −0.032% → +0.010%
- −$4.15
- Slippage, 4 orders
- −$124.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$169.84
- Costs to cover
- 1.432%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 min ago; Binance: live order book, 13 min ago.
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 edgeX live order book, 38 min ago | 12.61 bp | 43.6 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.53 bp | 14.9 bp −$15 | 85.5 bp −$855 | doesn't fit | doesn't fit |
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 | 19.720 | −0.083% | $57K | $3K | 25x | as long as short |
| Gate POPMART_USDT | 0.0000% | 8h | 19.784 | +0.242% | $292K | $16K | 20x | as long as short |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.776 | +0.201% | $481K | $82K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.720 | −0.083% | $7K | $7K | 10x | as long as short |
| Lighter POPMART | +0.0032% | 1h | 19.714 | −0.113% | — | — | 10x | as long as short |
| OKX POPMART-USDT-SWAP | +0.0173% | 8h | 19.730 | −0.032% | $277K | $85K | 20x | as long as short |
| Aster POPMARTUSDT | +0.0396% | 8h | 19.734 | −0.013% | $16K | $4K | 20x | as long as short |
| KuCoin POPMARTUSDTM | +0.0654% | 4h | 19.730 | −0.032% | $30K | $45K | 20x | as long as short |
| Binance POPMARTUSDTshort | +0.0963% | 4h | 19.730 | −0.032% | $1.4M | $408K | 25x | |
| edgeX POPMARTUSDClong | +0.1070% | 4h | 19.736 | long leg | $200K | $235K | 10x |
Bybit POPMARTUSDT
Gate POPMART_USDT
Bitget POPMARTUSDT
HTX POPMART-USDT
Lighter POPMART
OKX POPMART-USDT-SWAP
Aster POPMARTUSDT
KuCoin POPMARTUSDTM