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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against HTX−0.253%53s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.253% cheaper against HTX than usual: you would sell low and buy high, −$25 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX POPMART-USDT19.7500get 0.0000% / 4h2h 02m$7K$5K10x
ShortBybit POPMARTUSDT19.7000get 0.0000% / 8h2h 02m$57K$3K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
$0
Price spread: −0.253% → 0.000%
−$25.32
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$48.32
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: 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 HTX no order-book sample
Sell Bybit no order-book sample
HTX and Bybit: 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%4h19.700−0.253%$1.4M$409K25xas long as short
Bybit POPMARTUSDTshort0.0000%8h19.700−0.253%$57K$3K25x
OKX POPMART-USDT-SWAP0.0000%8h19.690−0.304%$275K$96K20xas long as short
Gate POPMART_USDT0.0000%8h19.748−0.010%$292K$16K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.700−0.253%$479K$85K20xas long as short
HTX POPMART-USDTlong0.0000%4h19.750long leg$7K$5K10x
Lighter POPMART+0.0032%1h19.664−0.435%10xas long as short
Aster POPMARTUSDT+0.0091%8h19.689−0.311%$16K$4K20xas long as short
KuCoin POPMARTUSDTM+0.0100%4h19.680−0.354%$30K$37K20xas long as short
edgeX POPMARTUSDC+0.0702%4h19.710−0.203%$199K$235K10xas long as short