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

POPMART

RWAall POPMART markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h
Price spread now: Bitget against Lighter+0.300%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 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
The price spread pays, funding is against you. Bitget is 0.300% dearer against Lighter than usual: you sell high and buy low (spread +0.300% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter POPMART19.6350.0032pay 0.0004% / 1h58m 41s10x
ShortBitget POPMARTUSDT19.6940get 0.0000% / 8h6h 58m$476K$86K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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
−$6.72
Price spread: +0.300% → 0.000%
$30.05
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$11.33
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 27 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 Lighter no order-book sample
Sell Bitget live order book, 27 min ago6.85 bp51.0 bp −$5167.2 bp −$672doesn't fitdoesn't fit
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
Aster POPMARTUSDT0.0000%8h19.692+0.288%$16K$4K20xas long as short
Bybit POPMARTUSDT0.0000%8h19.700+0.331%$57K$2K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.690+0.280%$274K$94K20xas long as short
Gate POPMART_USDT0.0000%8h19.765+0.662%$293K$9K20xas long as short
Bitget POPMARTUSDTshort0.0000%8h19.694+0.300%$476K$86K20x
HTX POPMART-USDT0.0000%4h19.770+0.688%$7K$4K10xas long as short
Lighter POPMARTlong+0.0032%1h19.635long leg10x
Binance POPMARTUSDT+0.0229%4h19.715+0.409%$1.4M$404K25xas long as short
KuCoin POPMARTUSDTM+0.0276%4h19.720+0.433%$30K$95K20xas long as short
edgeX POPMARTUSDC+0.0925%4h19.713+0.398%$199K$235K10xas long as short