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

POPMART

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0732%/8h= +80.1% APRpaid last 24h +0.016%
Price spread now: edgeX against OKX+0.059%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1871.866% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.059%, 7d avg +0.052%
Together, before fees+0.022%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POPMART-USDT-SWAP19.6500.0011pay 0.0011% / 8h1h 18m$272K$103K20x
ShortedgeX POPMARTUSDC19.6620.0743get 0.0371% / 4h1h 18m$199K$234K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$153.71
Price spread: +0.059% → +0.052%
$0.72
Slippage, 4 orders
−$167.63
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$32.2
Costs to cover
1.866%
Break-even
8.5 days
Slippage from OKX: live order book, 22 min ago; edgeX: live order book, 23 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, 22 min ago5.09 bp40.3 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 23 min ago12.72 bp50.7 bp −$51doesn't fitdoesn'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
Bybit POPMARTUSDT0.0000%8h19.640−0.051%$57K$3K25xas long as short
Gate POPMART_USDT0.0000%8h19.701+0.260%$292K$11K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.651+0.005%$476K$90K20xas long as short
HTX POPMART-USDT0.0000%4h19.800+0.763%$7K$5K10xas long as short
OKX POPMART-USDT-SWAPlong+0.0011%8h19.650long leg$272K$103K20x
Lighter POPMART+0.0032%1h19.578−0.366%10xas long as short
KuCoin POPMARTUSDTM+0.0100%4h19.6500.000%$30K$31K20xas long as short
Binance POPMARTUSDT+0.0101%4h19.660+0.051%$1.4M$440K25xas long as short
Aster POPMARTUSDT+0.0191%8h19.624−0.133%$16K$4K20xas long as short
edgeX POPMARTUSDCshort+0.0743%4h19.662+0.059%$199K$234K10x