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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h
Price spread now: Lighter against HTX−0.435%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 0.435% cheaper against HTX than usual: you would sell low and buy high (spread −0.435% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 45 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX POPMART-USDT19.7500get 0.0000% / 4h2h 02m$7K$5K10x
ShortLighter POPMART19.6640.0032get 0.0004% / 1h2m 25s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.72
Price spread: −0.435% → 0.000%
−$43.54
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$48.82
Costs to cover
0.120%
Break-even
57.9 days
Slippage unknown: HTX: no order-book sample; 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 HTX no order-book sample
Sell Lighter no order-book sample
HTX and 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
Binance POPMARTUSDT0.0000%4h19.700−0.253%$1.4M$409K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.700−0.253%$57K$3K25xas long as short
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 POPMARTshort+0.0032%1h19.664−0.435%10x
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