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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.048%
Price spread now: KuCoin against Gate−0.294%7-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 days+0.449%+$45 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.294% cheaper against Gate than usual: you would sell low and buy high (spread −0.294% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 9.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.449% in total) that is about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POPMART_USDT19.7480get 0.0000% / 8h2h 06m$292K$16K20x
ShortKuCoin POPMARTUSDTM19.6900.0100get 0.0050% / 4h2h 06m$30K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$21
Price spread: −0.294% → 0.000%
−$29.37
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$35.37
Costs to cover
0.270%
Break-even
18.8 days
Slippage unknown: Gate: live order book, 35 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 35 min ago6.58 bp249.5 bp −$250doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POPMARTUSDT0.0000%4h19.705−0.218%$1.4M$410K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.690−0.294%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.690−0.294%$275K$96K20xas long as short
Gate POPMART_USDTlong0.0000%8h19.748long leg$292K$16K20x
Bitget POPMARTUSDT0.0000%8h19.689−0.299%$479K$85K20xas long as short
HTX POPMART-USDT0.0000%4h19.710−0.192%$7K$6K10xas long as short
Lighter POPMART+0.0032%1h19.676−0.365%10xas long as short
KuCoin POPMARTUSDTMshort+0.0100%4h19.690−0.294%$30K$38K20x
Aster POPMARTUSDT+0.0101%8h19.686−0.315%$16K$4K20xas long as short
edgeX POPMARTUSDC+0.0714%4h19.709−0.197%$199K$234K10xas long as short