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−0.0020%/8h= −2.2% APRpaid last 24h −0.044%
Price spread now: Aster against KuCoin−0.106%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.106% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POPMARTUSDTM19.6900.0100pay 0.0050% / 4h1h 53m$30K$36K20x
ShortAster POPMARTUSDT19.6690.0080get 0.0080% / 8h1h 53m$16K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
−$4.18
Price spread: −0.106% → 0.000%
−$10.63
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$34.82
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: no order-book sample; Aster: 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 KuCoin no order-book sample
Sell Aster no order-book sample
KuCoin and Aster: 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%4h19.699+0.045%$1.4M$408K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.680−0.051%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.6900.000%$275K$96K20xas long as short
Gate POPMART_USDT0.0000%8h19.746+0.284%$292K$11K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.677−0.066%$478K$85K20xas long as short
HTX POPMART-USDT0.0000%4h19.760+0.356%$7K$5K10xas long as short
Lighter POPMART+0.0032%1h19.638−0.264%10xas long as short
Aster POPMARTUSDTshort+0.0080%8h19.669−0.106%$16K$4K20x
KuCoin POPMARTUSDTMlong+0.0100%4h19.690long leg$30K$36K20x
edgeX POPMARTUSDC+0.0611%4h19.701+0.058%$199K$234K10xas long as short