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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h
Price spread now: Lighter against Gate−0.466%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 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.466% cheaper against Gate than usual: you would sell low and buy high (spread −0.466% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 49 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POPMART_USDT19.7270get 0.0000% / 8h7h 44m$292K$9K20x
ShortLighter POPMART19.6350.0032get 0.0004% / 1h44m 08s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.72
Price spread: −0.466% → 0.000%
−$46.64
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
−$54.92
Costs to cover
0.150%
Break-even
64.2 days
Slippage unknown: Gate: live order book, 48 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 Gate live order book, 48 min ago16.23 bp185.4 bp −$185doesn'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 POPMARTUSDC−0.0097%4h19.702−0.128%$199K$235K10xas long as short
Bybit POPMARTUSDT0.0000%8h19.670−0.289%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.680−0.238%$273K$94K20xas long as short
Gate POPMART_USDTlong0.0000%8h19.727long leg$292K$9K20x
Bitget POPMARTUSDT0.0000%8h19.674−0.269%$476K$88K20xas long as short
HTX POPMART-USDT0.0000%4h19.820+0.471%$7K$5K10xas long as short
Aster POPMARTUSDT+0.0032%8h19.677−0.252%$16K$4K20xas long as short
Lighter POPMARTshort+0.0032%1h19.635−0.466%10x
KuCoin POPMARTUSDTM+0.0416%4h19.700−0.137%$30K$50K20xas long as short
Binance POPMARTUSDT+0.0478%4h19.700−0.137%$1.4M$398K25xas long as short