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

POPMART

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.020%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1991.991% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.367%−$37 on $10k
Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.020%, 7d avg +0.068%
Together, before fees−0.221%−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.047% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POPMART-USDT-SWAP19.6900get 0.0000% / 8h6h 54m$274K$94K20x
ShortBitget POPMARTUSDT19.6940get 0.0000% / 8h6h 54m$476K$86K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$0
Price spread: +0.020% → +0.068%
−$4.72
Slippage, 4 orders
−$177.08
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$203.8
Costs to cover
1.991%
Break-even
never at this rate
Slippage from OKX: live order book, 35 min ago; Bitget: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 35 min ago5.09 bp75.9 bp −$76doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 31 min ago6.85 bp51.0 bp −$5167.2 bp −$672doesn't fitdoesn't fit

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+0.012%$16K$4K20xas long as short
Bybit POPMARTUSDT0.0000%8h19.700+0.051%$57K$2K25xas long as short
OKX POPMART-USDT-SWAPlong0.0000%8h19.690long leg$274K$94K20x
Gate POPMART_USDT0.0000%8h19.765+0.381%$293K$9K20xas long as short
Bitget POPMARTUSDTshort0.0000%8h19.694+0.020%$476K$86K20x
HTX POPMART-USDT0.0000%4h19.700+0.051%$7K$4K10xas long as short
Lighter POPMART+0.0032%1h19.635−0.279%10xas long as short
Binance POPMARTUSDT+0.0213%4h19.710+0.102%$1.4M$396K25xas long as short
KuCoin POPMARTUSDTM+0.0274%4h19.720+0.152%$30K$100K20xas long as short
edgeX POPMARTUSDC+0.0775%4h19.713+0.117%$199K$233K10xas long as short