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−0.0032%/8h= −3.5% APRpaid last 24h
Price spread now: OKX against Lighter+0.066%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. OKX is 0.066% dearer against Lighter than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter POPMART19.6470.0032pay 0.0004% / 1h4m 31s10x
ShortOKX POPMART-USDT-SWAP19.6600get 0.0000% / 8h4m 31s$273K$99K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.066% → 0.000%
$6.62
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$10.1
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; OKX: live order book, 31 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 OKX live order book, 31 min ago5.09 bp54.4 bp −$54doesn'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%8h19.670+0.117%$57K$4K25xas long as short
OKX POPMART-USDT-SWAPshort0.0000%8h19.660+0.066%$273K$99K20x
Gate POPMART_USDT0.0000%8h19.706+0.300%$292K$10K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.674+0.137%$476K$91K20xas long as short
HTX POPMART-USDT0.0000%4h19.790+0.728%$7K$5K10xas long as short
Lighter POPMARTlong+0.0032%1h19.647long leg10x
Aster POPMARTUSDT+0.0085%8h19.673+0.134%$16K$4K20xas long as short
Binance POPMARTUSDT+0.0403%4h19.680+0.168%$1.4M$460K25xas long as short
KuCoin POPMARTUSDTM+0.0450%4h19.680+0.168%$30K$33K20xas long as short
edgeX POPMARTUSDC+0.1268%4h19.688+0.207%$199K$234K10xas long as short