Funding you earn now, next payment 08:00 UTC−0.0847%/8h= −92.8% APRnext payment −$4.24 per $10,000 · paid last 24h +0.032%
Price spread now: KuCoin against edgeX−0.062%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and KuCoin is 0.062% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.24 per $10,000. 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 | 19.702 | 0.0947 | pay 0.0474% / 4h | 1h 52m | $199K | $234K | 10x |
| Short | KuCoin POPMARTUSDTM | 19.690 | 0.0100 | get 0.0050% / 4h | 1h 52m | $30K | $35K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$177.96
- Price spread: −0.062% → 0.000%
- −$6.19
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$205.15
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 54 min ago; KuCoin: 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, 54 min ago | 15.20 bp | 42.3 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance POPMARTUSDT | 0.0000% | 4h | 19.705 | +0.014% | $1.4M | $408K | 25x | as long as short |
| Bybit POPMARTUSDT | 0.0000% | 8h | 19.690 | −0.062% | $57K | $3K | 25x | as long as short |
| OKX POPMART-USDT-SWAP | 0.0000% | 8h | 19.690 | −0.062% | $275K | $96K | 20x | as long as short |
| Gate POPMART_USDT | 0.0000% | 8h | 19.751 | +0.248% | $292K | $11K | 20x | as long as short |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.701 | −0.006% | $479K | $85K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.760 | +0.293% | $7K | $5K | 10x | as long as short |
| Lighter POPMART | +0.0032% | 1h | 19.638 | −0.326% | — | — | 10x | as long as short |
| Aster POPMARTUSDT | +0.0080% | 8h | 19.671 | −0.159% | $16K | $4K | 20x | as long as short |
| KuCoin POPMARTUSDTMshort | +0.0100% | 4h | 19.690 | −0.062% | $30K | $35K | 20x | |
| edgeX POPMARTUSDClong | +0.0947% | 4h | 19.702 | long leg | $199K | $234K | 10x |
edgeX POPMARTUSDC
KuCoin POPMARTUSDTM
Binance POPMARTUSDT
Bybit POPMARTUSDT
OKX POPMART-USDT-SWAP
Gate POPMART_USDT
Bitget POPMARTUSDT
HTX POPMART-USDT
Lighter POPMART
Aster POPMARTUSDT