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+0.0404%/8h= +44.2% APRpaid last 24h +0.048%
Price spread now: KuCoin against OKX+0.051%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 days−0.067%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.051% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% 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-SWAP19.6700get 0.0000% / 8h8m 31s$273K$100K20x
ShortKuCoin POPMARTUSDTM19.6800.0404get 0.0202% / 4h8m 31s$30K$30K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$84.84
Price spread: +0.051% → 0.000%
$5.08
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$67.92
Costs to cover
0.220%
Break-even
1.4 days
Slippage unknown: OKX: live order book, 27 min ago; KuCoin: no order-book sample. 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 OKX live order book, 27 min ago5.09 bp46.3 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell KuCoin no order-book sample
KuCoin: 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%8h19.6700.000%$57K$4K25xas long as short
OKX POPMART-USDT-SWAPlong0.0000%8h19.670long leg$273K$100K20x
Gate POPMART_USDT0.0000%8h19.706+0.183%$292K$10K20xas long as short
Bitget POPMARTUSDT0.0000%8h19.667−0.015%$476K$91K20xas long as short
HTX POPMART-USDT0.0000%4h19.770+0.508%$7K$5K10xas long as short
Lighter POPMART+0.0032%1h19.628−0.214%10xas long as short
Aster POPMARTUSDT+0.0084%8h19.661−0.046%$16K$4K20xas long as short
edgeX POPMARTUSDC+0.0209%4h19.688+0.090%$199K$234K10xas long as short
Binance POPMARTUSDT+0.0363%4h19.680+0.051%$1.4M$460K25xas long as short
KuCoin POPMARTUSDTMshort+0.0404%4h19.680+0.051%$30K$30K20x