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−0.0100%/8h= −10.9% APRpaid last 24h −0.048%
Price spread now: Gate against KuCoin+0.311%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−0.449%−$45 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Gate is 0.311% dearer against KuCoin than usual: you sell high and buy low (spread +0.311% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.449% in total) that is about 4.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POPMARTUSDTM19.6400.0100pay 0.0050% / 4h1h 40m$30K$36K20x
ShortGate POPMART_USDT19.7010get 0.0000% / 8h1h 40m$292K$11K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: +0.311% → 0.000%
$31.06
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$16.94
Costs to cover
0.270%
Break-even
from the start
Slippage unknown: KuCoin: no order-book sample; Gate: live order book, 61 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 Gate live order book, 61 min ago6.58 bp241.4 bp −$241doesn't fitdoesn'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
Binance POPMARTUSDT0.0000%4h19.650+0.051%$1.4M$407K25xas long as short
Bybit POPMARTUSDT0.0000%8h19.690+0.255%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.650+0.051%$274K$97K20xas long as short
Gate POPMART_USDTshort0.0000%8h19.701+0.311%$292K$11K20x
Bitget POPMARTUSDT0.0000%8h19.642+0.010%$477K$84K20xas long as short
HTX POPMART-USDT0.0000%4h19.660+0.102%$7K$5K10xas long as short
Lighter POPMART+0.0032%1h19.590−0.255%10xas long as short
KuCoin POPMARTUSDTMlong+0.0100%4h19.640long leg$30K$36K20x
Aster POPMARTUSDT+0.0119%8h19.626−0.070%$16K$4K20xas long as short
edgeX POPMARTUSDC+0.0879%4h19.694+0.277%$199K$236K10xas long as short