Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: Gate against Lighter+0.469%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no 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. Gate is 0.469% dearer against Lighter than usual: you sell high and buy low (spread +0.469% now, against zero (this spread has no 7-day history yet)): +$47 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 49 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter POPMART | 19.635 | 0.0032 | pay 0.0004% / 1h | 44m 11s | — | — | 10x |
| Short | Gate POPMART_USDT | 19.727 | 0 | get 0.0000% / 8h | 7h 44m | $292K | $9K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.469% → 0.000%
- $46.86
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $25.14
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 48 min ago | 16.23 bp | 252.2 bp −$252 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX POPMARTUSDC | −0.0097% | 4h | 19.702 | +0.340% | $199K | $235K | 10x | as long as short |
| Bybit POPMARTUSDT | 0.0000% | 8h | 19.670 | +0.178% | $57K | $3K | 25x | as long as short |
| OKX POPMART-USDT-SWAP | 0.0000% | 8h | 19.680 | +0.229% | $273K | $94K | 20x | as long as short |
| Gate POPMART_USDTshort | 0.0000% | 8h | 19.727 | +0.469% | $292K | $9K | 20x | |
| Bitget POPMARTUSDT | 0.0000% | 8h | 19.674 | +0.199% | $476K | $88K | 20x | as long as short |
| HTX POPMART-USDT | 0.0000% | 4h | 19.820 | +0.942% | $7K | $5K | 10x | as long as short |
| Aster POPMARTUSDT | +0.0032% | 8h | 19.677 | +0.215% | $16K | $4K | 20x | as long as short |
| Lighter POPMARTlong | +0.0032% | 1h | 19.635 | long leg | — | — | 10x | |
| KuCoin POPMARTUSDTM | +0.0416% | 4h | 19.700 | +0.331% | $30K | $50K | 20x | as long as short |
| Binance POPMARTUSDT | +0.0478% | 4h | 19.700 | +0.331% | $1.4M | $398K | 25x | as long as short |
Lighter POPMART
Gate POPMART_USDT
edgeX POPMARTUSDC
Bybit POPMARTUSDT
OKX POPMART-USDT-SWAP
Bitget POPMARTUSDT
HTX POPMART-USDT
Aster POPMARTUSDT
KuCoin POPMARTUSDTM
Binance POPMARTUSDT