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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0426%/8h= −46.6% APRpaid last 24h −0.067%
Price spread now: Bitget against KuCoin−0.132%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 days−0.321%−$32 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.132% cheaper against KuCoin than usual: you would sell low and buy high (−$13 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 POPMARTUSDTM19.7000.0426pay 0.0213% / 4h3h 42m$30K$52K20x
ShortBitget POPMARTUSDT19.6740get 0.0000% / 8h7h 42m$476K$88K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$89.46
Price spread: −0.132% → 0.000%
−$13.2
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$126.66
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: no order-book sample; Bitget: live order book, 48 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 Bitget live order book, 48 min ago8.37 bp51.2 bp −$5180.6 bp −$806doesn'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
Bybit POPMARTUSDT0.0000%8h19.670−0.152%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.680−0.102%$273K$93K20xas long as short
Gate POPMART_USDT0.0000%8h19.727+0.137%$292K$9K20xas long as short
Bitget POPMARTUSDTshort0.0000%8h19.674−0.132%$476K$88K20x
HTX POPMART-USDT0.0000%4h19.820+0.609%$7K$5K10xas long as short
Aster POPMARTUSDT+0.0025%8h19.678−0.111%$16K$4K20xas long as short
Lighter POPMART+0.0032%1h19.635−0.330%10xas long as short
KuCoin POPMARTUSDTMlong+0.0426%4h19.700long leg$30K$52K20x
Binance POPMARTUSDT+0.0477%4h19.7000.000%$1.4M$398K25xas long as short
edgeX POPMARTUSDC+0.0517%4h19.703+0.017%$199K$235K10xas long as short