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−0.0372%/8h= −40.7% APRpaid last 24h
Price spread now: Lighter against KuCoin−0.264%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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Lighter is 0.264% cheaper against KuCoin than usual: you would sell low and buy high (−$26 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 POPMARTUSDTM19.6800.0404pay 0.0202% / 4h8m 32s$30K$30K20x
ShortLighter POPMART19.6280.0032get 0.0004% / 1h8m 32s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$78.12
Price spread: −0.264% → 0.000%
−$26.42
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$116.54
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: 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 KuCoin no order-book sample
Sell Lighter no order-book sample
KuCoin 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
Bybit POPMARTUSDT0.0000%8h19.670−0.051%$57K$4K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.670−0.051%$273K$100K20xas long as short
Gate POPMART_USDT0.0000%8h19.706+0.132%$292K$10K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.667−0.066%$476K$91K20xas long as short
HTX POPMART-USDT0.0000%4h19.770+0.457%$7K$5K10xas long as short
Lighter POPMARTshort+0.0032%1h19.628−0.264%10x
Aster POPMARTUSDT+0.0084%8h19.661−0.097%$16K$4K20xas long as short
edgeX POPMARTUSDC+0.0209%4h19.688+0.039%$199K$234K10xas long as short
Binance POPMARTUSDT+0.0363%4h19.6800.000%$1.4M$460K25xas long as short
KuCoin POPMARTUSDTMlong+0.0404%4h19.680long leg$30K$30K20x