Settings8H · net · $10k
Funding arb · Price arb /

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0967%/8h= +105.9% APRpaid last 24h
Price spread now: Lighter against edgeX−0.339%49s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.339% cheaper against edgeX than usual: you would sell low and buy high (spread −0.339% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 28 hours of funding at the current rate (+$29 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX POPMARTUSDC19.657−0.0935get 0.0467% / 4h1h 28m$199K$236K10x
ShortLighter POPMART19.5900.0032get 0.0004% / 1h28m 35s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$203.06
Price spread: −0.339% → 0.000%
−$33.86
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
$160.2
Costs to cover
0.090%
Break-even
1.5 days
Slippage unknown: edgeX: live order book, 14 min ago; Lighter: 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, 14 min ago12.72 bp44.3 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: 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
edgeX POPMARTUSDClong−0.0935%4h19.657long leg$199K$236K10x
Binance POPMARTUSDT0.0000%4h19.660+0.018%$1.4M$440K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.640−0.084%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.650−0.033%$272K$103K20xas long as short
Gate POPMART_USDT0.0000%8h19.694+0.190%$292K$11K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.647−0.049%$476K$90K20xas long as short
HTX POPMART-USDT0.0000%4h19.780+0.628%$7K$5K10xas long as short
Lighter POPMARTshort+0.0032%1h19.590−0.339%10x
KuCoin POPMARTUSDTM+0.0100%4h19.640−0.084%$30K$35K20xas long as short
Aster POPMARTUSDT+0.0135%8h19.626−0.157%$16K$4K20xas long as short