Funding you earn now, next payment 12:00 UTC−0.0925%/8h= −101.3% APRpaid last 24h −0.030%
Price spread now: Bybit against edgeX−0.066%111s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.449%−$45 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Bybit is 0.066% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.449% in total (about -23.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX POPMARTUSDC | 19.713 | 0.0925 | pay 0.0463% / 4h | 2h 57m | $199K | $235K | 10x |
| Short | Bybit POPMARTUSDT | 19.700 | 0 | get 0.0000% / 8h | 6h 57m | $57K | $2K | 25x |
edgeX POPMARTUSDC
Bybit POPMARTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$194.29
- Price spread: −0.066% → 0.000%
- −$6.65
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$220.94
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 34 min ago; Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 34 min ago | 17.77 bp | 123.7 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POPMARTUSDT | 0.0000% | 8h | 19.692 | −0.108% | $16K | $4K | 20x | as long as short |
| Bybit POPMARTUSDTshort | 0.0000% | 8h | 19.700 | −0.066% | $57K | $2K | 25x | |
| OKX POPMART-USDT-SWAP | 0.0000% | 8h | 19.690 | −0.117% | $274K | $94K | 20x | as long as short |
| Gate POPMART_USDT | 0.0000% | 8h | 19.765 | +0.263% | $293K | $9K | 20x | as long as short |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.694 | −0.097% | $476K | $86K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.700 | −0.066% | $7K | $4K | 10x | as long as short |
| Lighter POPMART | +0.0032% | 1h | 19.635 | −0.396% | — | — | 10x | as long as short |
| Binance POPMARTUSDT | +0.0223% | 4h | 19.715 | +0.011% | $1.4M | $404K | 25x | as long as short |
| KuCoin POPMARTUSDTM | +0.0278% | 4h | 19.720 | +0.035% | $30K | $96K | 20x | as long as short |
| edgeX POPMARTUSDClong | +0.0925% | 4h | 19.713 | long leg | $199K | $235K | 10x |
Aster POPMARTUSDT
OKX POPMART-USDT-SWAP
Gate POPMART_USDT
Bitget POPMARTUSDT
HTX POPMART-USDT
Lighter POPMART
Binance POPMARTUSDT
KuCoin POPMARTUSDTM