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Funding arb · Price arb /

POPMART

RWAall POPMART markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0947%/8h= −103.7% APRnext payment −$4.74 per $10,000 · paid last 24h −0.016%
Price spread now: HTX against edgeX+0.293%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on edgeXShort on HTX
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread pays, funding is against you. HTX is 0.293% dearer against edgeX than usual: you sell high and buy low (spread +0.293% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX POPMARTUSDC19.7020.0947pay 0.0474% / 4h1h 52m$199K$234K10x
ShortHTX POPMART-USDT19.7600get 0.0000% / 4h1h 52m$7K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against edgeX. 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
−$198.96
Price spread: +0.293% → 0.000%
$29.34
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$190.62
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: edgeX: live order book, 54 min ago; HTX: 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 edgeX live order book, 54 min ago15.20 bp42.3 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample—————
HTX: 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%4h19.705+0.015%$1.4M$408K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.690−0.062%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.690−0.062%$275K$96K20xas long as short
Gate POPMART_USDT0.0000%8h19.750+0.243%$292K$11K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.701−0.006%$479K$85K20xas long as short
HTX POPMART-USDTshort0.0000%4h19.760+0.293%$7K$5K10x
Lighter POPMART+0.0032%1h19.638−0.326%——10xas long as short
Aster POPMARTUSDT+0.0080%8h19.671−0.159%$16K$4K20xas long as short
KuCoin POPMARTUSDTM+0.0100%4h19.690−0.062%$30K$35K20xas long as short
edgeX POPMARTUSDClong+0.0947%4h19.702long leg$199K$234K10x