Funding you earn now, next payment 08:00 UTC+0.0685%/8h= +75.0% APRpaid last 24h +0.039%
Price spread now: Binance against Gate−0.217%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$521as in the Funding arb table
Net, price: spread back to 7d avg − costs−$588as in the Price arb table
costs, in and out, $10k−$5705.695% of the position
Funding, last 7 days+0.490%+$49 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.217%, 7d avg −0.028%
=Funding pays, the price is against you. Binance is 0.188% cheaper against Gate than usual: you would sell low and buy high (spread −0.217% now, against its 7-day average of −0.028%). If the spread goes back, that is −$19 on $10k: about 22 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.490% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate POPMART_USDT | 19.772 | 0 | get 0.0000% / 8h | 3h 49m | $291K | $15K | 20x |
| Short | Binance POPMARTUSDT | 19.729 | 0.0685 | get 0.0343% / 4h | 3h 49m | $1.4M | $389K | 25x |
Gate POPMART_USDT
Binance POPMARTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $143.9
- Price spread: −0.217% → −0.028%
- −$18.83
- Slippage, 4 orders
- −$544.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$444.48
- Costs to cover
- 5.695%
- Break-even
- 28.6 days
Slippage from Gate: live order book, 62 min ago; Binance: live order book, 13 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 Gate live order book, 62 min ago | 14.90 bp | 307.7 bp −$308 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.54 bp | 16.8 bp −$17 | 88.4 bp −$884 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit POPMARTUSDT | 0.0000% | 8h | 19.720 | −0.263% | $57K | $3K | 25x | as long as short |
| Gate POPMART_USDTlong | 0.0000% | 8h | 19.772 | long leg | $291K | $15K | 20x | |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.739 | −0.167% | $480K | $85K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.740 | −0.162% | $7K | $7K | 10x | as long as short |
| Lighter POPMART | +0.0032% | 1h | 19.714 | −0.293% | — | — | 10x | as long as short |
| OKX POPMART-USDT-SWAP | +0.0124% | 8h | 19.710 | −0.314% | $277K | $85K | 20x | as long as short |
| Aster POPMARTUSDT | +0.0330% | 8h | 19.732 | −0.201% | $16K | $4K | 20x | as long as short |
| KuCoin POPMARTUSDTM | +0.0452% | 4h | 19.720 | −0.263% | $30K | $43K | 20x | as long as short |
| Binance POPMARTUSDTshort | +0.0685% | 4h | 19.729 | −0.217% | $1.4M | $389K | 25x | |
| edgeX POPMARTUSDC | +0.0832% | 4h | 19.712 | −0.305% | $199K | $235K | 10x | as long as short |
Bybit POPMARTUSDT
Bitget POPMARTUSDT
HTX POPMART-USDT
Lighter POPMART
OKX POPMART-USDT-SWAP
Aster POPMARTUSDT
KuCoin POPMARTUSDTM
edgeX POPMARTUSDC