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

POPMART

RWAall POPMART markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0711%/8h= +77.8% APRpaid last 24h
Price spread now: edgeX against Lighter+0.427%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 · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and edgeX is 0.427% dearer against Lighter than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter POPMART19.5780.0032pay 0.0004% / 1h21m 35s10x
ShortedgeX POPMARTUSDC19.6620.0743get 0.0371% / 4h1h 21m$199K$234K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$149.24
Price spread: +0.427% → 0.000%
$42.68
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$182.92
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 21 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 edgeX live order book, 21 min ago12.72 bp50.7 bp −$51doesn't fitdoesn'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
Bybit POPMARTUSDT0.0000%8h19.640+0.317%$57K$3K25xas long as short
OKX POPMART-USDT-SWAP0.0000%8h19.650+0.368%$272K$103K20xas long as short
Gate POPMART_USDT0.0000%8h19.700+0.623%$292K$11K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.643+0.332%$476K$90K20xas long as short
HTX POPMART-USDT0.0000%4h19.800+1.134%$7K$5K10xas long as short
Lighter POPMARTlong+0.0032%1h19.578long leg10x
Binance POPMARTUSDT+0.0066%4h19.660+0.419%$1.4M$440K25xas long as short
KuCoin POPMARTUSDTM+0.0100%4h19.650+0.368%$30K$32K20xas long as short
Aster POPMARTUSDT+0.0187%8h19.627+0.252%$16K$4K20xas long as short
edgeX POPMARTUSDCshort+0.0743%4h19.662+0.427%$199K$234K10x