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+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against KuCoin+0.081%7-day average · you sell dearer than you buy
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+0.042%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.081% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POPMARTUSDTM19.6300.0100pay 0.0050% / 4h1h 14m$30K$30K20x
ShortBinance POPMARTUSDT19.6460.0172get 0.0086% / 4h1h 14m$1.4M$452K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$15.09
Price spread: +0.081% → 0.000%
$8.05
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$1.15
Costs to cover
0.220%
Break-even
6.5 days
Slippage unknown: KuCoin: no order-book sample; Binance: live order book, 3 min ago. 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 Binance live order book, 3 min ago5.09 bp22.7 bp −$23109.2 bp −$1,092doesn't fitdoesn't fit
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
edgeX POPMARTUSDC−0.0781%4h19.657+0.138%$199K$235K10xas long as short
Bybit POPMARTUSDT0.0000%8h19.6300.000%$57K$4K25xas long as short
Gate POPMART_USDT0.0000%8h19.682+0.265%$292K$11K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.657+0.138%$477K$91K20xas long as short
HTX POPMART-USDT0.0000%4h19.650+0.102%$7K$5K10xas long as short
OKX POPMART-USDT-SWAP+0.0027%8h19.640+0.051%$271K$103K20xas long as short
Lighter POPMART+0.0032%1h19.590−0.204%10xas long as short
KuCoin POPMARTUSDTMlong+0.0100%4h19.630long leg$30K$30K20x
Binance POPMARTUSDTshort+0.0172%4h19.646+0.081%$1.4M$452K25x
Aster POPMARTUSDT+0.0204%8h19.644+0.072%$16K$4K20xas long as short