Funding you earn now, next payment 12:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h +0.030%
Price spread now: edgeX against Gate−0.128%67s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5325.320% of the position
Funding, last 7 days+0.449%+$45 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.128%, 7d avg −0.046%
=Together, before fees+0.529%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.082% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.046%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.449%, so the current rate has only just turned against you. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate POPMART_USDT | 19.727 | 0 | get 0.0000% / 8h | 7h 44m | $292K | $9K | 20x |
| Short | edgeX POPMARTUSDC | 19.702 | −0.0097 | pay 0.0049% / 4h | 3h 44m | $199K | $235K | 10x |
Gate POPMART_USDT
edgeX POPMARTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$20.4
- Price spread: −0.128% → −0.046%
- −$8.22
- Slippage, 4 orders
- −$508.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$560.63
- Costs to cover
- 5.320%
- Break-even
- never at this rate
Slippage from Gate: live order book, 47 min ago; edgeX: live order book, 53 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, 47 min ago | 16.23 bp | 185.4 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 12.71 bp | 49.5 bp −$49 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX POPMARTUSDCshort | −0.0097% | 4h | 19.702 | −0.128% | $199K | $235K | 10x | |
| Bybit POPMARTUSDT | 0.0000% | 8h | 19.670 | −0.289% | $57K | $3K | 25x | as long as short |
| OKX POPMART-USDT-SWAP | 0.0000% | 8h | 19.680 | −0.238% | $273K | $94K | 20x | as long as short |
| Gate POPMART_USDTlong | 0.0000% | 8h | 19.727 | long leg | $292K | $9K | 20x | |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.674 | −0.269% | $476K | $88K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.820 | +0.471% | $7K | $5K | 10x | as long as short |
| Aster POPMARTUSDT | +0.0032% | 8h | 19.677 | −0.253% | $16K | $4K | 20x | as long as short |
| Lighter POPMART | +0.0032% | 1h | 19.635 | −0.466% | — | — | 10x | as long as short |
| KuCoin POPMARTUSDTM | +0.0416% | 4h | 19.700 | −0.137% | $30K | $50K | 20x | as long as short |
| Binance POPMARTUSDT | +0.0478% | 4h | 19.700 | −0.137% | $1.4M | $398K | 25x | as long as short |
Bybit POPMARTUSDT
OKX POPMART-USDT-SWAP
Bitget POPMARTUSDT
HTX POPMART-USDT
Aster POPMARTUSDT
Lighter POPMART
KuCoin POPMARTUSDTM
Binance POPMARTUSDT