Funding you earn now, next payment 08:00 UTC−0.0173%/8h= −18.9% APRpaid last 24h −0.016%
Price spread now: Gate against edgeX+0.170%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$683as in the Funding arb table
Net, price: spread back to 7d avg − costs−$619as in the Price arb table
costs, in and out, $10k−$6326.323% of the position
Funding, last 7 days−0.503%−$50 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.170%, 7d avg +0.038%
=Together, before fees−0.642%+ Points / potential airdropedgeX: Active · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.132% dearer against edgeX than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of +0.038%): +$13 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX POPMARTUSDC | 19.721 | 0.0173 | pay 0.0086% / 4h | 2h 50m | $199K | $235K | 10x |
| Short | Gate POPMART_USDT | 19.755 | 0 | get 0.0000% / 8h | 2h 50m | $292K | $16K | 20x |
edgeX POPMARTUSDC
Gate POPMART_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$36.33
- Price spread: +0.170% → +0.038%
- $13.17
- Slippage, 4 orders
- −$608.28
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$655.44
- Costs to cover
- 6.323%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 61 min ago; Gate: live order book, 56 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, 61 min ago | 15.20 bp | 122.3 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 1.01 bp | 227.9 bp −$228 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance POPMARTUSDT | 0.0000% | 4h | 19.730 | +0.043% | $1.4M | $408K | 25x | as long as short |
| Bybit POPMARTUSDT | 0.0000% | 8h | 19.720 | −0.007% | $57K | $3K | 25x | as long as short |
| OKX POPMART-USDT-SWAP | 0.0000% | 8h | 19.710 | −0.058% | $275K | $94K | 20x | as long as short |
| Gate POPMART_USDTshort | 0.0000% | 8h | 19.755 | +0.170% | $292K | $16K | 20x | |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.745 | +0.119% | $480K | $85K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.730 | +0.043% | $7K | $6K | 10x | as long as short |
| Lighter POPMART | +0.0032% | 1h | 19.740 | +0.094% | — | — | 10x | as long as short |
| KuCoin POPMARTUSDTM | +0.0100% | 4h | 19.740 | +0.094% | $30K | $43K | 20x | as long as short |
| edgeX POPMARTUSDClong | +0.0173% | 4h | 19.721 | long leg | $199K | $235K | 10x | |
| Aster POPMARTUSDT | +0.0198% | 8h | 19.741 | +0.098% | $16K | $4K | 20x | as long as short |
Binance POPMARTUSDT
Bybit POPMARTUSDT
OKX POPMART-USDT-SWAP
Bitget POPMARTUSDT
HTX POPMART-USDT
Lighter POPMART
KuCoin POPMARTUSDTM
Aster POPMARTUSDT